Snap Inc. (SNAP)
| Market Cap | 10.17B -31.2% |
| Revenue (ttm) | 5.93B +10.6% |
| Net Income | -460.49M |
| EPS | -0.27 |
| Shares Out | 1.69B |
| PE Ratio | n/a |
| Forward PE | 11.32 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 78,804,701 |
| Open | 6.13 |
| Previous Close | 6.04 |
| Day's Range | 5.94 - 6.21 |
| 52-Week Range | 3.81 - 10.41 |
| Beta | 0.91 |
| Analysts | Hold |
| Price Target | 8.42 (+39.87%) |
| Earnings Date | May 6, 2026 |
About SNAP
Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps. It also provides Snapchat+, Lens+, and Snapchat Platinum, a subscription service that provides subscribers access to exclusive, experimental, and pre-release features; Spectacles, an augmented reality (AR) glasses; and advertising products... [Read more]
Financial Performance
In 2025, Snap Inc.'s revenue was $5.93 billion, an increase of 10.63% compared to the previous year's $5.36 billion. Losses were -$460.49 million, -34.01% less than in 2024.
Financial StatementsAnalyst Summary
According to 26 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price target is $8.42, which is an increase of 39.87% from the latest price.
News
Can Cost Cuts Save Snap? Analysts Skeptical As North American Users Decline
Jones incorporated Snap's revised guidance into his model, noting the company now expects 2026 adjusted operating expenses of $2.75 billion, down from $3 billion, and stock-based compensation of $1.05...
Snap's layoffs highlight growing work trend: AI-powered tiny teams
Snap is leaning into small, AI-powered "squads" to boost speed and output. AI proponents say the technology lets fewer workers accomplish more, allowing for flatter hierarchies.
Snap cuts 95 jobs in Washington state as part of broader layoffs, pushing for AI efficiencies
Snap filed a WARN Act notice showing 95 employees affected across its Bellevue, Seattle, and Vancouver, Wash.
Snapchat parent company cuts 1,000 jobs in major AI-driven workforce restructuring
Snapchat parent Snap is laying off about 1,000 employees and closing 300 open roles as activist investor Irenic Capital pushes for cost savings.
Snap layoffs today: 16% of jobs cut as CEO Evan Spiegel is the latest to tout AI advances
On Wednesday, April 15, Snap CEO Evan Spiegel announced in a letter to employees that the company would lay off about 1,000 people, including 16% of its full-time employees.
Snap Is Laying Off 16% of Full-Time Staff as It Embraces A.I.
The company, which owns the social media app Snapchat, said it was laying off about 1,000 employees as it increased its reliance on artificial intelligence.
Snap Lays Off 1,000 Workers To Focus on AI—Is This the New Norm?
AI strikes again.
Snap and Other Companies Blame AI for Layoffs. Is It Just a Convenient Excuse?
AI was the leading reason U.S.-based employers cited for layoffs in March. Snap just joined the club.
Snap slashes 1K jobs in ‘AI efficiency' bloodbath
Spiegel, whose personal fortune is pegged by Forbes at $2.3 billion, said he was “deeply sorry” in a staff memo announcing the cuts, which amount to 16% of the Snapchat parent's overall workforce.
Snap Blames 1,000 Layoffs On AI—And These Companies Have Done The Same
Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsu...
Snap Inc blames AI as it lays off 1,000 workers
Cuts by Snapchat's parent company come in response to a declining stock price and pressure from an activist investor
Snap To Cut 1,000 Jobs After Activist Pressure, Bets On AI Efficiency
The social media firm's shares rose 5.8%. The stock has fallen about 31% so far this year.
Snap Inc. Announces Date of First Quarter 2026 Results Conference Call
SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) will hold its quarterly conference call to discuss first quarter 2026 financial results on Wednesday, May 6, 2026 at 2:00 p.m. Pacific Tim...
Snap stock rises on plan to cut 1,000 jobs and $500 million costs
Snap Inc. said on Wednesday it would lay off about 1,000 employees, or roughly 16% of its full-time workforce, as the social media company moves to streamline operations under pressure from an activis...
Snap to slash workforce by 16%, saying AI has reduced need for repetitive work
Wall Street continues its trend of cheering news of large layoffs in the technology sector.
Snap to Lay Off 16% of Staff. The Stock Is Jumping.
The social media company is attempting to streamline operations and accelerate its path to profitability.
Snap to Cut 16% of Workforce as It Seeks Profitability
The layoffs were necessary to enable the company to increase efficiency and pursue profitable growth, the social-media company's chief executive said.
Snap says it will lay off 16% of its global workforce. Read the memo it sent to staff.
Snap is the latest tech company to announce layoffs. The company behind Snapchat will cut 16% of its global workforce, according to a regulatory filing.
Snap's stock jumps 7% after announcing plans to lay off up to 16% of its workforce
Snap rose in premarket trading after announcing plans to lay off around 16% of its workforce. In this article SNAP
Snap to lay off about 16% of staff
Snap said on Wednesday it would lay off around 16% of its workforce, weeks after activist investor Irenic Capital Management pushed the Snapchat parent to optimize its portfolio and improve perf...
Snap stock sends bullish signals ahead of earnings: buy or sell?
Snap stock price rose by 6% on Monday, outperforming other popular companies as the management announced its progress in artificial intelligence (AI) and virtual reality. It jumped to $5.15, up modest...
Snap unit to use Qualcomm chips for upcoming AI smart glasses
Specs, the Snap smart glasses unit formed early this year, will use Qualcomm chips for its upcoming devices under a multi-year deal announced on Friday, marking its first major move.
Snap and Qualcomm Expand Strategic Collaboration to Advance Intelligent Computing Experiences on Specs
SANTA MONICA, Calif. & SAN DIEGO--(BUSINESS WIRE)--Today, Specs Inc., a Snap subsidiary, and Qualcomm Technologies, Inc. announced a multi-year strategic agreement to power future generations of Specs...
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention.
Snap Stock Falls As Trump Signals Continued Strikes, No Clear End To Conflict
According to the New York Times, Trump said the U.S. would continue to hit Iran "extremely hard" over the next two to three weeks, signaling that military action will persist in the near term.