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 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.
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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, July 20th 2021.
View our earnings forecast for Snap.

Snap Inc. (NYSE:SNAP) posted its earnings results on Thursday, April, 22nd. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.21) by $0.02. The firm earned $769.58 million during the quarter, compared to analyst estimates of $739.61 million. Snap had a negative net margin of 32.90% and a negative trailing twelve-month return on equity of 43.12%. The business's revenue for the quarter was up 66.4% on a year-over-year basis. During the same period last year, the business posted ($0.08) earnings per share.
View Snap's earnings history.

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 484.4% and is now trading at $63.17.
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Snap issued an update on its second quarter 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share guidance of - for the period. The company issued revenue guidance of $820 million-$840 million, compared to the consensus revenue estimate of $826.11 million.

37 analysts have issued 1 year price objectives for Snap's stock. Their forecasts range from $24.00 to $100.00. On average, they anticipate Snap's share price to reach $67.33 in the next twelve months. This suggests a possible upside of 6.6% 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), Pinterest (PINS), IHS Markit (INFO), AppLovin (APP), The Trade Desk (TTD), Yandex (YNDX), Wix.com (WIX), GDS (GDS), FactSet Research Systems (FDS), Weibo (WB), Dada Nexus (DADA), DoubleVerify (DV) and TripAdvisor (TRIP).
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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 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 a number of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (8.48%), Edgewood Management LLC (3.31%), Jennison Associates LLC (2.55%), Lone Pine Capital LLC (1.58%), Janus Henderson Group PLC (1.36%) and Sumitomo Mitsui Trust Holdings Inc. (0.58%). 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.

SNAP stock was sold by a variety of institutional investors in the last quarter, including Edgewood Management LLC, Renaissance Technologies LLC, Bank of New York Mellon Corp, Edmond DE Rothschild Holding S.A., Holocene Advisors LP, Arrowstreet Capital Limited Partnership, Canada Pension Plan Investment Board, and TB Alternative Assets Ltd.. 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.

SNAP stock was bought by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Baillie Gifford & Co., Neuberger Berman Group LLC, Lone Pine Capital LLC, Winslow Capital Management LLC, Price T Rowe Associates Inc. MD, Suvretta Capital Management LLC, and Janus Henderson Group PLC.
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 $63.17.

Snap has a market capitalization of $96.24 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]