Snap Stock Forecast, Price & News

34 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 29 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Snap stock.
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Snap is scheduled to release its next quarterly earnings announcement on Tuesday, October 19th 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) issued its quarterly earnings data on Thursday, July, 22nd. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.28. The business earned $982.11 million during the quarter, compared to the consensus estimate of $846.57 million. Snap had a negative net margin of 32.90% and a negative trailing twelve-month return on equity of 43.12%. Snap's quarterly revenue was up 116.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.09) EPS.
View Snap's earnings history.

Snap's stock was trading at $10.81 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SNAP shares have increased by 612.6% and is now trading at $77.03.
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Snap updated its third quarter 2021 earnings guidance on Thursday, July, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.07 billion-$1.09 billion, compared to the consensus revenue estimate of $1.01 billion.

34 Wall Street analysts have issued 12-month price objectives for Snap's stock. Their forecasts range from $24.00 to $100.00. On average, they anticipate Snap's share price to reach $74.03 in the next year. This suggests that the stock has a possible downside of 3.9%.
View analysts' price targets for Snap or view top-rated stocks among Wall Street analysts.

184 employees have rated Snap CEO Evan Spiegel on Glassdoor.com. Evan Spiegel has an approval rating of 79% among Snap's employees.

Some companies that are related to Snap include Zoom Video Communications (ZM), Baidu (BIDU), Twitter (TWTR), Pinterest (PINS), IHS Markit (INFO), The Trade Desk (TTD), Yandex (YNDX), AppLovin (APP), Wix.com (WIX), Weibo (WB), FactSet Research Systems (FDS), GDS (GDS), DoubleVerify (DV), DigitalOcean (DOCN) and Dada Nexus (DADA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Snap investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Tesla (TSLA), Netflix (NFLX), Intel (INTC), Micron Technology (MU), Twitter (TWTR), Bank of America (BAC) and The Walt Disney (DIS).

(SNAP) raised $3 billion in an initial public offering on Thursday, March 2nd 2017. The company issued 200,000,000 shares at $14.00-$16.00 per share. Morgan Stanley, Goldman Sachs, J. P. Morgan and Deutsche Bank Securities served 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 variety of retail and institutional investors. Top institutional shareholders include IFM Investors Pty Ltd (0.01%), Hodges Capital Management Inc. (0.01%), Gradient Investments LLC (0.00%), Compagnie Lombard Odier SCmA (0.00%), Gofen & Glossberg LLC IL (0.00%) and Stratos Wealth Partners LTD. (0.00%). Company insiders that own Snap stock include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Lara Sweet, Michael J O'sullivan, Michael Lynton, Michael Waterman, Rebecca Morrow, Robert C Murphy, Robert C Murphy and Stanley J Meresman.
View institutional ownership trends for Snap.

SNAP stock was sold by a variety of institutional investors in the last quarter, including Freedman Financial Associates Inc., Stratos Wealth Partners LTD., and Gofen & Glossberg LLC IL. 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, Michael J O'sullivan, Michael Lynton, Michael Waterman, Rebecca Morrow, and Robert C Murphy.
View insider buying and selling activity for Snap or view top insider-selling stocks.

SNAP stock was bought by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Compagnie Lombard Odier SCmA, Hodges Capital Management Inc., Gradient Investments LLC, Mandatum Life Insurance Co Ltd, and Pflug Koory LLC.
View insider buying and selling activity for Snap or or view top insider-buying stocks.

Shares of SNAP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SNAP stock can currently be purchased for approximately $77.03.

Snap has a market capitalization of $121.01 billion and generates $2.51 billion in revenue each year. The company earns $-944,840,000.00 in net income (profit) each year or ($0.63) on an earnings per share basis.

Snap employs 3,863 workers across the globe.

The following companies are subsidiares of Snap: AIFactory, AddLive, Bitstrips, Cimagine Media, Ctrl Me Robotics, Flite, Looksery, Metamarkets, Placed Inc., PlayCanvas, Scan, Seene, Snap Aus Pty Ltd, Snap Group Limited, Snap Group SAS, Snap Intermediate Inc., Snap International I Limited, Snap International II Limited, Snap LLC, Strong.codes, Teleport Future Technologies Inc., Vergence Labs, Voisey, Vurb, and Zenly.

Snap was founded in 2011.

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

Snap is headquartered at 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405.

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]