NYSE:SNAPSnap Stock Price, Forecast & News

Snap's stock was trading at $10.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SNAP stock has increased by 140.0% and is now trading at $25.94. View which stocks have been most impacted by Coronavirus.

36 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 10 hold ratings and 25 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Snap.

Snap is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Snap.

Snap will be holding an earnings conference call on Tuesday, July 21st at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Snap Inc (NYSE:SNAP) announced its quarterly earnings results on Tuesday, April, 21st. The company reported ($0.08) EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.12. The firm earned $462.50 million during the quarter, compared to the consensus estimate of $420.01 million. Snap had a negative return on equity of 46.64% and a negative net margin of 55.40%. The firm's quarterly revenue was up 44.4% on a year-over-year basis. During the same period last year, the firm posted ($0.10) earnings per share. View Snap's earnings history.

36 brokerages have issued 1-year price targets for Snap's stock. Their forecasts range from $14.00 to $28.00. On average, they expect Snap's stock price to reach $20.44 in the next twelve months. This suggests that the stock has a possible downside of 21.2%. View analysts' price targets for Snap.

News stories about SNAP stock have trended negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Snap earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Snap.

Snap saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 92,330,000 shares, an increase of 11.0% from the June 15th total of 83,210,000 shares. Based on an average trading volume of 30,820,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 10.7% of the company's stock are short sold. View Snap's Current Options Chain.

Some companies that are related to Snap include Zoom Video Communications (ZM), Baidu (BIDU), IHS Markit (INFO), Twitter (TWTR), Trade Desk (TTD), Yandex (YNDX), Pinterest (PINS), Wix.Com (WIX), FactSet Research Systems (FDS), GDS (GDS), Line (LN), Livongo Health (LVGO), Weibo (WB), 58.com (WUBA) and Legend Biotech (DADA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Snap investors own include NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Intel (INTC), Netflix (NFLX), Micron Technology (MU), Twitter (TWTR), Tesla (TSLA), Bank of America (BAC) and General Electric (GE).

(SNAP) raised $3 billion in an IPO on Thursday, March 2nd 2017. The company issued 200,000,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, J. P. Morgan and Deutsche Bank Securities acted as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers.

Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP."

Snap's stock is owned by a number of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Envestnet Asset Management Inc. (0.01%), Livforsakringsbolaget Skandia Omsesidigt (0.00%) and HBW Advisory Services LLC (0.00%). Company insiders that own Snap stock include Derek Andersen, Evan Spiegel, Imran Khan, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Mitchell Lasky, Rebecca Morrow, Robert C Murphy, Stanley J Meresman and Timothy R Stone. View institutional ownership trends for Snap.

SNAP stock was sold by a variety of institutional investors in the last quarter, including HBW Advisory Services LLC. Company insiders that have sold Snap company stock in the last year include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Rebecca Morrow, Robert C Murphy, and Stanley J Meresman. View insider buying and selling activity for Snap.

SNAP stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Envestnet Asset Management Inc., DNB Asset Management AS, and Livforsakringsbolaget Skandia Omsesidigt. View insider buying and selling activity for Snap.

Shares of SNAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SNAP stock can currently be purchased for approximately $25.94.

Snap has a market capitalization of $37.81 billion and generates $1.72 billion in revenue each year. The company earns $-1,033,660,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Snap employs 3,195 workers across the globe.

The official website for Snap is www.snap.com.

Snap's mailing address is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. The company can be reached via phone at 310-399-3339 or via email at [email protected]