Snap Inc. (SNAP)
NYSE: SNAP · Real-Time Price · USD
11.26
-0.70 (-5.85%)
At close: Nov 12, 2024, 4:00 PM
11.20
-0.06 (-0.53%)
After-hours: Nov 12, 2024, 5:03 PM EST
Snap Inc. Stock Forecast
Stock Price Forecast
The 27 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 14.31, with a low estimate of 9.00 and a high estimate of 23. The average target predicts an increase of 27.09% from the current stock price of 11.26.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Snap Inc. stock from 30 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 3 | 4 |
| Buy | 5 | 4 | 4 | 4 | 5 | 5 |
| Hold | 16 | 16 | 18 | 21 | 20 | 20 |
| Sell | 2 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 28 | 24 | 26 | 29 | 29 | 30 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Strong Buy Maintains $14 → $16 | Strong Buy | Maintains | $14 → $16 | +42.10% | Nov 5, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $17 → $16 | Buy | Maintains | $17 → $16 | +42.10% | Oct 30, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +24.33% | Oct 30, 2024 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $12 → $13 | Hold | Maintains | $12 → $13 | +15.45% | Oct 30, 2024 |
| Cantor Fitzgerald | Cantor Fitzgerald | Hold Maintains $8 → $9 | Hold | Maintains | $8 → $9 | -20.07% | Oct 30, 2024 |
Financial Forecast
Revenue This Year
5.46B
from 4.61B
Increased by 18.56%
Revenue Next Year
6.20B
from 5.46B
Increased by 13.57%
EPS This Year
0.25
from -0.82
EPS Next Year
0.41
from 0.25
Increased by 62.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.6B | 6.5B | 7.6B | ||
| Avg | 5.5B | 6.2B | 7.0B | ||
| Low | 5.2B | 5.6B | 6.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 22.5% | 19.9% | 22.5% | ||
| Avg | 18.6% | 13.6% | 13.2% | ||
| Low | 13.2% | 3.3% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.30 | 0.64 | 0.88 | ||
| Avg | 0.25 | 0.41 | 0.61 | ||
| Low | 0.19 | 0.25 | 0.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 151.4% | 112.8% | ||
| Avg | - | 62.7% | 47.6% | ||
| Low | - | 0.0% | 8.8% |
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.