NYSE:SNAP

Snap Stock Forecast, Price & News

$59.70
+1.40 (+2.40 %)
(As of 04/22/2021 04:39 PM ET)
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Today's Range
$53.94
Now: $59.70
$59.70
50-Day Range
$49.57
MA: $58.14
$64.51
52-Week Range
$14.85
Now: $59.70
$73.59
Volume1.35 million shs
Average Volume21.85 million shs
Market Capitalization$90.05 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.29
Snap Inc. operates as a camera company in the United States and internationally. The company offers Snapchat, a camera application with functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures video from a human perspective; and advertising products, including AR and Snap ads. 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.
Snap logo

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
CUSIPN/A
Phone310-399-3339
Employees3,863
Year Founded2011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.72 billion
Book Value$1.60 per share

Profitability

Net Income$-1,033,660,000.00

Miscellaneous

Outstanding Shares1,508,304,000
Market Cap$90.05 billion
Next Earnings Date4/22/2021 (Confirmed)
OptionableOptionable

Headlines

Snap Inc. (NYSE:SNAP) VP Jerry James Hunter Sells 10,023 Shares
April 20, 2021 |  americanbankingnews.com
Snap Inc. (NYSE:SNAP) Insider Sells $2,242,267.52 in Stock
April 20, 2021 |  americanbankingnews.com
Credit Suisse Group Reaffirms "Buy" Rating for Snap (NYSE:SNAP)
April 20, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Stock Rating Upgraded by Wedbush
April 19, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Upgraded to "Outperform" by Wedbush
April 13, 2021 |  americanbankingnews.com
Atlantic Securities Upgrades Snap (NYSE:SNAP) to Overweight
April 13, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Trading Up 6.1%
April 6, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Coverage Initiated at Evercore ISI
April 6, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Research Coverage Started at Evercore ISI
April 6, 2021 |  americanbankingnews.com
Snap (NYSE:SNAP) Lifted to Overweight at Atlantic Securities
April 6, 2021 |  americanbankingnews.com
Morgan Stanley Cuts Snap (NYSE:SNAP) Price Target to $74.00
March 30, 2021 |  americanbankingnews.com
See More Headlines

MarketRank

Overall MarketRank

1.45 out of 5 stars

Computer And Technology Sector

393rd out of 1,554 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

24th out of 74 stocks

Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
$59.70
+1.40 (+2.40 %)
(As of 04/22/2021 04:39 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Snap (NYSE:SNAP) Frequently Asked Questions

Is Snap a buy right now?

37 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Snap stock.
View analyst ratings for Snap
or view top-rated stocks.

What stocks does MarketBeat like better than Snap?

Wall Street analysts have given Snap a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Snap wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Snap's next earnings date?

Snap is scheduled to release its next quarterly earnings announcement on Thursday, April 22nd 2021.
View our earnings forecast for Snap
.

How were Snap's earnings last quarter?

Snap Inc. (NYSE:SNAP) posted its earnings results on Thursday, February, 4th. The company reported ($0.07) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.07). The firm earned $911.32 million during the quarter, compared to the consensus estimate of $847.44 million. Snap had a negative net margin of 49.74% and a negative trailing twelve-month return on equity of 48.53%.
View Snap's earnings history
.

How has Snap's stock been impacted by COVID-19 (Coronavirus)?

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 shares have increased by 411.2% and is now trading at $55.26.
View which stocks have been most impacted by COVID-19
.

What guidance has Snap issued on next quarter's earnings?

Snap updated its first quarter 2021 After-Hours earnings guidance on Thursday, February, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $720-740 million, compared to the consensus revenue estimate of $704.57 million.

What price target have analysts set for SNAP?

37 brokerages have issued 1 year price targets for Snap's stock. Their forecasts range from $24.00 to $100.00. On average, they expect Snap's stock price to reach $67.00 in the next year. This suggests a possible upside of 21.2% from the stock's current price.
View analysts' price targets for Snap
or view top-rated stocks among Wall Street analysts.

Who are Snap's key executives?

Snap's management team includes the following people:
  • Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 30, Pay $2.09M)
  • Mr. Robert Murphy, Co-Founder, CTO & Director (Age 32, Pay $52.83k) (LinkedIn Profile)
  • Mr. Derek Andersen, Chief Financial Officer (Age 42, Pay $924.84k) (LinkedIn Profile)
  • Mr. Michael O'Sullivan, Gen. Counsel & Sec. (Age 55, Pay $917.19k) (LinkedIn Profile)
  • Mr. Jerry James Hunter, Sr. VP of Engineering (Age 56, Pay $920.49k) (LinkedIn Profile)
  • Ms. Jeremi Ann Gorman, Chief Bus. Officer (Age 43, Pay $916.21k) (LinkedIn Profile)
  • Ms. Rebecca Morrow, Chief Accounting Officer & Controller (Age 47) (LinkedIn Profile)
  • Ms. Kristin Southey, VP of Investor Relations
  • Ms. Julie Henderson, Chief Communications Officer (LinkedIn Profile)
  • Mr. Kenneth Mitchell Jr., Chief Marketing Officer (Age 46) (LinkedIn Profile)

What is Evan Spiegel's approval rating as Snap's CEO?

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

Who are some of Snap's key 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), 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).

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 served 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 shareholders include Ardevora Asset Management LLP (0.05%), Oregon Public Employees Retirement Fund (0.01%), DnB Asset Management AS (0.01%), Atalanta Sosnoff Capital LLC (0.01%), BOKF NA (0.01%) and Hodges Capital Management Inc. (0.01%). 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
.

Which major investors are selling Snap stock?

SNAP stock was sold by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, BOKF NA, Hodges Capital Management Inc., KMG Fiduciary Partners LLC, Private Advisor Group LLC, Gradient Investments LLC, Alta Wealth Advisors LLC, and Carnegie Capital Asset Management 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, 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.

Which major investors are buying Snap stock?

SNAP stock was acquired by a variety of institutional investors in the last quarter, including Atalanta Sosnoff Capital LLC, Junson Asset Management Hong Kong Ltd, DnB Asset Management AS, Oregon Public Employees Retirement Fund, Deltec Asset Management LLC, FDx Advisors Inc., Clear Harbor Asset Management LLC, and NuWave Investment Management LLC.
View insider buying and selling activity for Snap
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Snap's stock price today?

One share of SNAP stock can currently be purchased for approximately $55.26.

How much money does Snap make?

Snap has a market capitalization of $83.35 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.

How many employees does Snap have?

Snap employs 3,863 workers across the globe.

Does Snap have any subsidiaries?

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.

When was Snap founded?

Snap was founded in 2011.

What is Snap's official website?

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

Where are Snap's headquarters?

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

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 4/22/2021 by MarketBeat.com Staff
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