Snap - SNAP Stock Forecast, Price & News

37 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 3 sell ratings, 23 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SNAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNAP, but not buy additional shares or sell existing shares.
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37 brokerages have issued 1 year target prices for Snap's shares. Their SNAP share price forecasts range from $10.00 to $48.00. On average, they expect the company's stock price to reach $19.62 in the next year. This suggests a possible upside of 92.7% from the stock's current price.
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Snap's stock was trading at $47.03 at the start of the year. Since then, SNAP shares have decreased by 78.4% and is now trading at $10.18.
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Snap saw a increase in short interest in August. As of August 31st, there was short interest totaling 64,960,000 shares, an increase of 20.8% from the August 15th total of 53,780,000 shares. Based on an average trading volume of 55,130,000 shares, the short-interest ratio is currently 1.2 days. Approximately 6.3% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
View our SNAP earnings forecast.

Snap Inc. (NYSE:SNAP) announced its quarterly earnings results on Thursday, July, 21st. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by $0.04. The company earned $1.11 billion during the quarter, compared to analysts' expectations of $1.14 billion. Snap had a negative net margin of 18.31% and a negative trailing twelve-month return on equity of 21.55%.

184 employees have rated Snap Chief Executive Officer Evan Spiegel on Glassdoor.com. Evan Spiegel has an approval rating of 79% among the company's employees.

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 Walt Disney (DIS).

(SNAP) raised $3 billion in an 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.

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 shareholders include Jennison Associates LLC (0.91%), Baillie Gifford & Co. (0.69%), Renaissance Technologies LLC (0.68%), Artisan Partners Limited Partnership (0.68%), Citadel Advisors LLC (0.00%) and DnB Asset Management AS (0.52%). Insiders that own company stock include Derek Andersen, Evan Spiegel, Jared Grusd, Jeremi Gorman, Jerry James Hunter, Joanna Coles, Michael J O'sullivan, Michael J O'sullivan, Michael Lynton, Michael Waterman, Poppy Thorpe, Rebecca Morrow, Robert C Murphy, Robert C Murphy and Stanley J Meresman.
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Shares of SNAP stock 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 $10.18.

Snap (NYSE:SNAP) has a market capitalization of $16.79 billion and generates $4.12 billion in revenue each year. The company earns $-487,950,000.00 in net income (profit) each year or ($0.52) on an earnings per share basis.

The company employs 5,661 workers across the globe.

Snap's mailing address is 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA, 90405. The official website for the company is www.snap.com. The company can be reached via phone at (310) 399-3339 or via email at ir@snap.com.