Snap Stock Forecast, Price & News

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 6 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Snap stock.
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Wall Street analysts have given Snap a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Snap wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Snap is scheduled to release its next quarterly earnings announcement on Tuesday, July 20th 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) posted its quarterly earnings data on Thursday, April, 22nd. The company reported ($0.19) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.21) by $0.02. The company earned $769.58 million during the quarter, compared to the consensus estimate of $739.61 million. Snap had a negative trailing twelve-month return on equity of 48.53% and a negative net margin of 49.74%. The company's revenue was up 66.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.08) 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. Since then, SNAP stock has increased by 371.4% and is now trading at $50.96.
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Snap issued an update on its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $820 million-$840 million, compared to the consensus revenue estimate of $826.11 million.

37 analysts have issued twelve-month price targets for Snap's shares. Their forecasts range from $24.00 to $100.00. On average, they expect Snap's share price to reach $67.33 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price.
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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), IHS Markit (INFO), Twitter (TWTR), Pinterest (PINS), The Trade Desk (TTD), Yandex (YNDX), GDS (GDS), Wix.com (WIX), FactSet Research Systems (FDS), Weibo (WB), TripAdvisor (TRIP), OneConnect Financial Technology (OCFT), Chindata Group (CD) 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 a price of $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 many different retail and institutional investors. Top institutional investors include Edgewood Management LLC (3.31%), Jennison Associates LLC (2.55%), Sumitomo Mitsui Trust Holdings Inc. (0.58%), Geode Capital Management LLC (0.53%), Nikko Asset Management Americas Inc. (0.34%) and Baillie Gifford & Co. (0.33%). 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, Rebecca Morrow, 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 Edgewood Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, TB Alternative Assets Ltd., Ardevora Asset Management LLP, Lord Abbett & CO. LLC, Russell Investments Group Ltd., and State of Michigan Retirement System. 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, 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 Jennison Associates LLC, Baillie Gifford & Co., Neuberger Berman Group LLC, Winslow Capital Management LLC, Sumitomo Mitsui Trust Holdings Inc., KBC Group NV, Geode Capital Management LLC, and Nikko Asset Management Americas Inc..
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 $50.96.

Snap has a market capitalization of $77.64 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 3,863 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]