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NYSE:SNAP

Snap Stock Forecast, Price & News

$43.17
+4.20 (+10.78 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$39.17
Now: $43.17
$43.19
50-Day Range
$22.44
MA: $25.93
$38.97
52-Week Range
$7.89
Now: $43.17
$43.19
Volume206.47 million shs
Average Volume30.29 million shs
Market Capitalization$63.43 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.52
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 called Snaps. It also provides Camera, a tool to personalize and add context to Snaps; Chat 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.27 out of 5 stars

Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
CUSIPN/A
Phone310-399-3339
Employees3,195

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 Shares1,469,220,000
Market Cap$63.43 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$43.17
+4.20 (+10.78 %)
(As of 10/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Snap (NYSE:SNAP) Frequently Asked Questions

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

Snap's stock was trading at $10.81 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SNAP stock has increased by 299.4% and is now trading at $43.17.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Snap?

35 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Snap in the last year. There are currently 1 sell rating, 9 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, February 2nd 2021.
View our earnings forecast for Snap
.

How were Snap's earnings last quarter?

Snap Inc. (NYSE:SNAP) released its quarterly earnings results on Tuesday, October, 20th. The company reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.19. The firm earned $678.67 million during the quarter, compared to the consensus estimate of $551.36 million. Snap had a negative return on equity of 49.08% and a negative net margin of 57.18%. The company's revenue was up 52.1% compared to the same quarter last year. During the same period last year, the firm earned ($0.04) EPS.
View Snap's earnings history
.

What price target have analysts set for SNAP?

35 brokerages have issued 12-month price objectives for Snap's stock. Their forecasts range from $16.00 to $50.00. On average, they expect Snap's share price to reach $32.43 in the next twelve months. This suggests that the stock has a possible downside of 24.9%.
View analysts' price targets for Snap
.

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).

Who are Snap's key executives?

Snap's management team includes the following people:
  • Mr. Evan Spiegel, Co-Founder, CEO & Director (Age 29, Pay $1.67M)
  • Mr. Robert Murphy, Co-Founder, CTO & Director (Age 31, Pay $29.93k)
  • Mr. Derek Andersen, Chief Financial Officer (Age 41, Pay $697.25k)
  • Ms. Rebecca Morrow, Chief Accounting Officer & Controller (Age 46, Pay $444.95k)
  • Mr. Michael O'Sullivan, Gen. Counsel & Sec. (Age 54, Pay $515.83k)

When did Snap IPO?

(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 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 number of retail and institutional investors. Top institutional shareholders include Hodges Capital Management Inc. (0.02%), Forsta AP Fonden (0.01%), DNB Asset Management AS (0.01%), Nissay Asset Management Corp Japan ADV (0.01%), Gradient Investments LLC (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, Rebecca Morrow, Robert C Murphy, Stanley J Meresman and Timothy R Stone.
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 Gradient Investments LLC, KMG Fiduciary Partners LLC, Standard Life Aberdeen plc, Hodges Capital Management Inc., Envestnet Asset Management Inc., TRUE Private Wealth Advisors, and Winslow Evans & Crocker Inc.. 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, Robert C Murphy, and Stanley J Meresman.
View insider buying and selling activity for Snap
.

Which major investors are buying Snap stock?

SNAP stock was purchased by a variety of institutional investors in the last quarter, including Forsta AP Fonden, Avantax Advisory Services Inc., Pacer Advisors Inc., Carnegie Capital Asset Management LLC, Brookstone Capital Management, Joel Isaacson & Co. LLC, Arkfeld Wealth Strategies L.L.C., and IFM Investors Pty Ltd.
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 $43.17.

How big of a company is Snap?

Snap has a market capitalization of $63.43 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 10/26/2020 by MarketBeat.com Staff

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