Snap Inc. (SNAP)
NYSE: SNAP · Real-Time Price · USD
10.56
-0.03 (-0.28%)
At close: Sep 26, 2024, 4:00 PM
10.58
+0.02 (0.19%)
After-hours: Sep 26, 2024, 7:56 PM EDT
Snap Inc. Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 14.2, with a low estimate of 8.00 and a high estimate of 23. The average target predicts an increase of 34.47% from the current stock price of 10.56.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Snap Inc. stock from 29 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 5 | 5 | 5 | 4 | 4 | 4 |
| Hold | 16 | 16 | 16 | 16 | 18 | 21 |
| Sell | 2 | 2 | 2 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 0 | 0 | 0 |
| Total | 28 | 28 | 28 | 24 | 26 | 29 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Reiterates $8 | Hold | Reiterates | $8 | -24.24% | Sep 23, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Initiates $11 | Hold | Initiates | $11 | +4.17% | Sep 20, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $14 | Strong Buy | Maintains | $14 | +32.58% | Sep 18, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Sep 18, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $14 | Hold | Maintains | $14 | +32.58% | Sep 18, 2024 |
Financial Forecast
Revenue This Year
5.45B
from 4.61B
Increased by 18.34%
Revenue Next Year
6.21B
from 5.45B
Increased by 13.94%
EPS This Year
0.22
from -0.82
EPS Next Year
0.38
from 0.22
Increased by 71.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.7B | 6.6B | 7.9B | ||
| Avg | 5.5B | 6.2B | 7.1B | ||
| Low | 5.2B | 5.7B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.8% | 21.5% | 26.5% | ||
| Avg | 18.3% | 13.9% | 13.5% | ||
| Low | 11.9% | 4.0% | 4.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.30 | 0.67 | 0.92 | ||
| Avg | 0.22 | 0.38 | 0.59 | ||
| Low | 0.13 | 0.23 | 0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 202.1% | 142.9% | ||
| Avg | - | 71.0% | 55.1% | ||
| Low | - | 1.3% | 3.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.