Snap Inc. (SNAP)

NYSE: SNAP · Real-Time Price · USD
11.29
+0.07 (0.59%)
Dec 19, 2024, 10:23 AM EST - Market open
0.59%
Market Cap 18.94B
Revenue (ttm) 5.17B
Net Income (ttm) -955.20M
Shares Out 1.68B
EPS (ttm) -0.58
PE Ratio n/a
Forward PE 31.02
Dividend n/a
Ex-Dividend Date n/a
Volume 4,561,794
Open 11.34
Previous Close 11.22
Day's Range 11.14 - 11.57
52-Week Range 8.29 - 17.75
Beta 0.97
Analysts Hold
Price Target 13.91 (+23.21%)
Earnings Date Feb 4, 2025

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 images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ... [Read more]

IPO Date Mar 2, 2017
Employees 5,289
Stock Exchange NYSE
Ticker Symbol SNAP
Full Company Profile

Financial Performance

In 2023, Snap Inc.'s revenue was $4.61 billion, an increase of 0.09% compared to the previous year's $4.60 billion. Losses were -$1.32 billion, -7.50% less than in 2022.

Financial Statements

Analyst Forecast

According to 29 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price forecast is $13.91, which is an increase of 23.21% from the latest price.

Price Target
$13.91
(23.21% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Tick Tock

I'm upgrading Snap stock from sell to buy after a 6% price drop since my sell call and on potential gains from TikTok's U.S. ban, expected January 19th. TikTok's likely U.S. ban could benefit Snapchat...

1 day ago - Seeking Alpha

Trump Card in Potential TikTok Ban, META & SNAP Best Positioned

President-elect Donald Trump will tip the scales on whether TikTok is banned from the U.S., according to Seth Schachner. He says the incoming president, paired with the Supreme Court, will decide if t...

Other symbols: META
1 day ago - Schwab Network

Snapchat announces expanded revenue-sharing program for its creators

Top Snapchat creators will soon have more ways to make money on the social media app.

2 days ago - TechXplore

Snapchat introduces a unified monetization program for creators

Snapchat is introducing a revamped, unified monetization program for creators. The new program will reward creators for both content posted to Stories and Spotlight, its TikTok copycat.

3 days ago - TechCrunch

Snapchat: 2025 Could Be Their Year

Snapchat's stock has been volatile in 2024, but strong Q3 performance and growth in Snapchat+ subscriptions position it well for 2025. The potential TikTok ban in the U.S. could significantly boost Sn...

9 days ago - Seeking Alpha

Trump aides contact Google, Meta, Snap over online drug sales, The Information reports

President-elect Donald Trump's transition team has invited five major tech companies, including Google , Microsoft and Meta Platforms to a meeting in mid-December about dealing with online drug sales,...

Other symbols: GOOGGOOGLMETAMSFT
10 days ago - Reuters

Snap: 25 Million Reasons To Love

Snap trades near recent lows despite record revenues and a booming subscription business. The company has innovation in AR and AI, including Spectacles and My AI chat, driving user engagement and reve...

11 days ago - Seeking Alpha

SNAP stock is troubled, but a major comeback can't be ruled out

Snap stock price has gone nowhere since 2022 as concerns about its growth and rising competition rose. It has remained between the support at $8.22 and the resistance at $17.57 in the past few years a...

12 days ago - Invezz

Snap seeks to dismiss New Mexico lawsuit over child safety

Snap on Thursday filed a motion to dismiss a New Mexico lawsuit that alleged the tech company enabled child sexual exploitation on its messaging app Snapchat, arguing there were inaccuracies to the st...

27 days ago - Reuters

Meta and Snap both unveiled augmented reality smart glasses

Meta and Snap are the first major players to unveil prototypes for AR glasses. But they're still years away from selling those devices to consumers.

Other symbols: META
5 weeks ago - CNBC

What's Happening With SNAP Stock?

Snap's stock (NYSE: SNAP) was down 6% on Tuesday, November 12, after a media report emerged stating that the Trump administration is expected to attempt to halt a possible U.S. ban on TikTok next year...

5 weeks ago - Forbes

Snap: Strong Investment Setup

Snap exceeded top and bottom line estimates for the third-quarter last week. The social media company reported solid Q3 earnings with all major platform metrics like revenue, users, ARPU and EBITDA de...

6 weeks ago - Seeking Alpha

Top 4 Tech And Telecom Stocks That May Collapse This Month

As of Nov. 4, 2024, four stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: IASRBLXTZOO
6 weeks ago - Benzinga

Three Buys and a Bail: Microsoft, Eli Lilly, Peloton, and Snap

Gina Sanchez, Lido Advisors chief market strategist, joins CNBC's 'The Exchange' to discuss these stocks: Microsoft, Eli Lilly, Peloton, and Snap.

Other symbols: LLYMSFTPTON
6 weeks ago - CNBC Television

A.I. Investments in Social Media: META vs SNAP

Meta Platforms (META) will double down in A.I. off promises to spend more on the technology.

Other symbols: META
6 weeks ago - Schwab Network

Snap Stock Soars After Q3 Earnings Beat: Analysts Optimistic But Say 'Challenges Remain'

Snap Inc SNAP shares climbed on Wednesday after the company reported upbeat third-quarter results.

7 weeks ago - Benzinga

Snap Stock Gets a Boost From Revenue Growth, Buyback Plan

Shares of Snap (SNAP) jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback.

7 weeks ago - Investopedia

Snap Q3 Earnings Review: My Opportunistic Call Has Finally Run Its Course (Rating Downgrade)

Snap reported better than expected results for Q3 FY24, with revenue and Adjusted EBITDA growing 15% and 230% YoY, respectively, leading to a jump of over 10% in after hours trading. Although the comp...

7 weeks ago - Seeking Alpha

Should You Buy, Sell, Or Hold SNAP Stock At $12?

Snap's stock (NYSE: SNAP) surged over 10% in after market hours on Tuesday, October 29, after the company posted upbeat Q3 results. Snap reported revenue of $1.37 billion and adjusted earnings of eigh...

7 weeks ago - Forbes

Digital ad sellers jump as Google, Reddit and Snap earnings indicate sturdy demand

Shares of online ad sellers surged on Wednesday as strong earnings from Google-parent Alphabet, Reddit and Snap signaled solid spending from brands ahead of the crucial holiday season.

Other symbols: GOOGGOOGLRDDT
7 weeks ago - Reuters

Snap surges 10% as it gets a major boost from AI and paid subscribers

Snap's stock rose 10% after its third-quarter revenue beat Wall Street expectations. Snap's revenue grew 15% to $1.37 billion, surpassing analyst estimates of $1.36 billion.

7 weeks ago - Business Insider

Snap Inc. (SNAP) Q3 2024 Earnings Call Transcript

Snap Inc. (NYSE:SNAP) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants David Ometer - Head, Investor Relations Evan Spiegel - Chief Executive Officer & Co-Founder Der...

7 weeks ago - Seeking Alpha

Snap Seeks Deeper Customer Engagement via Simplified Version of Snapchat

In a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced a simplified version of Snapchat, organized into three main experiences: communicating with friends, using...

7 weeks ago - PYMNTS

Results from Alphabet and Snap lift shares of online ad sellers

Online ad sellers added over $100 billion stock market value late on Tuesday after upbeat quarterly results from Alphabet , Reddit and Snap lifted investor optimism ahead of reports from Amazon and Me...

Other symbols: GOOGGOOGL
7 weeks ago - Reuters

Snap shares rise after results come in better than expected

Shares of Snap Inc. rose after hours on Tuesday after the social-media platform reported third-quarter results that beat expectations and said its board authorized a stock buyback of up to $500 millio...

7 weeks ago - Market Watch