NYSE:SNAPSnap Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Snap Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.74 -0.53 (-2.18 %) (As of 07/14/2020 04:00 PM ET) Add Compare Share Today's Range$23.02Now: $23.74▼$24.2750-Day Range$17.00MA: $21.82▼$26.4152-Week Range$7.89Now: $23.74▼$26.76Volume30.28 million shsAverage Volume30.50 million shsMarket Capitalization$34.61 billionP/E RatioN/ADividend YieldN/ABeta1.79 ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application that helps people to communicate through short videos and images. It also provides Camera, a tool to personalize and add context to Snaps; Friends Page that allows creating and watching stories, chatting with groups, making voice and video calls, and communicating through a range of contextual stickers and Bitmojis; and Discover that helps surfacing the stories and shows from publishers, creators, and the community, based on a user's subscriptions and interests. In addition, the company offers Snap Map, which brings to a live map of individual location, showing nearby friends, popular stories, and a heatmap of recent snaps posted; Memories that allows users to choose to save the Snaps they create in a searchable personal collection, and users to create Snaps and stories from their saved Snaps and camera roll; and Spectacles, a hardware product that connects with Snapchat and captures video from a human perspective. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingSnap has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 25 buy ratings, 10 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.74, Snap has a potential downside of 12.6% from its current price of $23.74.Amount of Analyst CoverageSnap has been the subject of 23 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.3 Community Rank Outperform VotesSnap has received 888 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSnap has received 1,002 “underperform” votes. (Add your “underperform” vote.)Community SentimentSnap has received 53.02% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Snap and other stocks. Vote “Outperform” if you believe SNAP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SNAP will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSnap does not currently pay a dividend.Dividend GrowthSnap does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Snap insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $154,856,791.00 in company stock.Percentage Held by Institutions39.37% of the stock of Snap is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Snap are expected to grow in the coming year, from ($0.73) to ($0.44) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Snap is -32.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Snap is -32.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSnap has a P/B Ratio of 14.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.3Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.25 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:SNAP Previous Symbol CUSIPN/A CIK1564408 Webwww.snap.com Phone310-399-3339Debt Debt-to-Equity Ratio0.56 Current Ratio4.83 Quick Ratio4.83Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.72 billion Price / Sales20.17 Cash FlowN/A Price / Cash FlowN/A Book Value$1.60 per share Price / Book14.84Profitability EPS (Most Recent Fiscal Year)($0.75) Net Income$-1,033,660,000.00 Net Margins-55.40% Return on Equity-46.64% Return on Assets-28.29%Miscellaneous Employees3,195 Outstanding Shares1,457,719,000Market Cap$34.61 billion Next Earnings Date7/21/2020 (Confirmed) OptionableOptionable SNAP Rates by TradingView Receive SNAP News and Ratings via Email Sign-up to receive the latest news and ratings for SNAP and its competitors with MarketBeat's FREE daily newsletter. Snap (NYSE:SNAP) Frequently Asked Questions How has Snap's stock been impacted by COVID-19 (Coronavirus)? Snap's stock was trading at $10.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SNAP stock has increased by 119.6% and is now trading at $23.74. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Snap? 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. When is Snap's next earnings date? Snap is scheduled to release its next quarterly earnings announcement on Tuesday, July 21st 2020. View our earnings forecast for Snap. How can I listen to Snap's earnings call? 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. How were Snap's earnings last quarter? Snap Inc (NYSE:SNAP) announced its quarterly earnings results on Tuesday, April, 21st. The company reported ($0.08) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.12. The company earned $462.50 million during the quarter, compared to analyst estimates of $420.01 million. Snap had a negative return on equity of 46.64% and a negative net margin of 55.40%. The company's revenue for the quarter was up 44.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.10) earnings per share. View Snap's earnings history. What price target have analysts set for SNAP? 36 Wall Street analysts have issued 1-year price targets for Snap's shares. Their forecasts range from $14.00 to $30.00. On average, they expect Snap's stock price to reach $20.74 in the next twelve months. This suggests that the stock has a possible downside of 12.6%. View analysts' price targets for Snap. What are Wall Street analysts saying about Snap stock? Here are some recent quotes from research analysts about Snap stock: 1. Stifel Nicolaus analysts commented, "We maintain our Buy rating and $19 Target Price on SNAP shares. Audience tracker suggests a relatively steady user base in the U.S. and abroad: Based on recently released Snap Ad reach estimates for August, it appears U.S. / global DAUs are still tracking ahead of our sequential DAU forecasts for 3Q:19 (on pace for +4.0mm to +5.0mm globally vs. our +3mm 3Q forecast and Snap’s guidance for +2.0mm to +4.0mm for the full quarter), absent any meaningful changes in daily engagement / usage patterns outside of the top 10 advertising markets, although aggregate reach across the markets we track was down slightly m/m. As we discussed in the July report, we believe September is the seasonally strongest month for sequential DAU growth during 3Q as students are back in school, whereas usage is generally weaker during July and August due to summer vacations." (9/4/2019) 2. Pivotal Research analysts commented, "We are maintaining our Buy rating and increasing our target price from $17.25 to $20.75 as we roll forward our 12-month TP based on 9.5x EV/Sales on our above street 2021 estimates. This quarter was a strong –way stronger than we anticipated– confirmation to our view that SNAP is hitting an inflection point. They delivered a blow-out DAU adds, revenue and EBITDA beats, and had both strong EBITDA and revenue guidance." (7/24/2019) Has Snap been receiving favorable news coverage? Media stories about SNAP stock have been trending somewhat negative on Tuesday, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Snap earned a media sentiment score of -1.5 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Snap. Are investors shorting 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 daily volume of 30,820,000 shares, the short-interest ratio is currently 3.0 days. Currently, 10.7% of the shares of the stock are short sold. View Snap's Current Options Chain. Who are some of Snap's key competitors? 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), Line (LN), GDS (GDS), Livongo Health (LVGO), Weibo (WB), 58.com (WUBA) and Legend Biotech (DADA). View all competitors. What other stocks do shareholders of Snap own? 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). Who are Snap's key executives? Snap's management team includes the following people: Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 28)Mr. Robert Murphy, Co-Founder, CTO & Director (Age 30)Mr. Jerry James Hunter, Sr. VP of Engineering (Age 54)Ms. Jeremi Gorman, Chief Bus. Officer (Age 41)Mr. Jared Grusd J.D., Chief Strategy Officer (Age 43) When did Snap IPO? (SNAP) raised $3 billion in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers. What is Snap's stock symbol? Snap trades on the New York Stock Exchange (NYSE) under the ticker symbol "SNAP." Who are Snap's major shareholders? Snap's stock is owned by a variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%), Gradient Investments LLC (0.01%), Vista Wealth Management Group LLC (0.01%), DNB Asset Management AS (0.01%), Envestnet Asset Management Inc. (0.01%) and IFM Investors Pty Ltd (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. Which institutional investors are selling Snap stock? SNAP stock was sold by a variety of institutional investors in the last quarter, including Vista Wealth Management Group LLC, IFM Investors Pty Ltd, BlueSky Wealth Advisors LLC, HBW Advisory Services LLC, Carlson Capital Management, and Successful Portfolios 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. Which institutional investors are buying Snap stock? SNAP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Gradient Investments LLC, Envestnet Asset Management Inc., DNB Asset Management AS, Kiley Juergens Wealth Management LLC, and Livforsakringsbolaget Skandia Omsesidigt. View insider buying and selling activity for Snap. How do I buy shares of 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. What is Snap's stock price today? One share of SNAP stock can currently be purchased for approximately $23.74. How big of a company is Snap? Snap has a market capitalization of $34.61 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. What is Snap's official website? The official website for Snap is www.snap.com. How can I contact Snap? 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] This page was last updated on 7/14/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. 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