Snap Stock Forecast, Price & News

35 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 30 buy ratings for the stock. The consensus among Wall Street research 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, October 19th 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) posted its quarterly earnings data on Thursday, July, 22nd. The company reported $0.10 EPS for the quarter, beating analysts' consensus estimates of ($0.18) by $0.28. The business had revenue of $982.11 million for the quarter, compared to analyst estimates of $846.57 million. Snap had a negative trailing twelve-month return on equity of 32.45% and a negative net margin of 22.49%. The business's revenue was up 116.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) earnings per share.
View Snap's earnings history.

Snap's stock was trading at $10.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SNAP shares have increased by 599.8% and is now trading at $75.65.
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Snap issued an update on its third quarter 2021 earnings guidance on Thursday, August, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.07 billion-$1.09 billion, compared to the consensus revenue estimate of $1.01 billion.

35 equities research analysts have issued 1-year price objectives for Snap's shares. Their forecasts range from $24.00 to $100.00. On average, they anticipate Snap's stock price to reach $76.41 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price.
View analysts' price targets for Snap or view top-rated stocks among Wall Street analysts.

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), Twitter (TWTR), IHS Markit (INFO), The Trade Desk (TTD), Pinterest (PINS), Yandex (YNDX), AppLovin (APP), FactSet Research Systems (FDS), Wix.com (WIX), Weibo (WB), GDS (GDS), DigitalOcean (DOCN), Bumble (BMBL) and Switch (SWCH).
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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 $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 a variety of retail and institutional investors. Top institutional shareholders include Jefferies Group LLC (0.00%), Price T Rowe Associates Inc. MD (8.93%), Vanguard Group Inc. (3.82%), Edgewood Management LLC (3.49%), Jennison Associates LLC (2.61%) and Lone Pine Capital LLC (1.45%). Company insiders that own Snap 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.
View institutional ownership trends for Snap.

SNAP stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Parallax Volatility Advisers L.P., Sumitomo Mitsui Trust Holdings Inc., Citadel Advisors LLC, Nikko Asset Management Americas Inc., Susquehanna International Group LLP, PEAK6 Investments LLC, and Lone Pine Capital 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, Michael Waterman, Poppy Thorpe, 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 Jefferies Group LLC, Price T Rowe Associates Inc. MD, Squarepoint Ops LLC, Edgewood Management LLC, 1832 Asset Management L.P., Simplex Trading LLC, Jennison Associates LLC, and Melvin Capital Management LP.
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 $75.65.

Snap has a market capitalization of $119.61 billion and generates $2.51 billion in revenue each year. The company earns $-944,840,000.00 in net income (profit) each year or ($0.63) 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].