Snap Inc. (SNAP)

NYSE: SNAP · IEX Real-Time Price · USD
10.96
+0.06 (0.55%)
Feb 28, 2024, 2:43 PM EST - Market open
0.55%
Market Cap 17.96B
Revenue (ttm) 4.61B
Net Income (ttm) -1.32B
Shares Out 1.65B
EPS (ttm) -0.82
PE Ratio n/a
Forward PE 68.65
Dividend n/a
Ex-Dividend Date n/a
Volume 11,387,025
Open 10.75
Previous Close 10.90
Day's Range 10.75 - 11.14
52-Week Range 7.86 - 17.90
Beta 1.27
Analysts Hold
Price Target 13.39 (+22.17%)
Earnings Date Feb 6, 2024

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 24 analysts, the average rating for SNAP stock is "Hold." The 12-month stock price forecast is $13.39, which is an increase of 22.17% from the latest price.

Price Target
$13.39
(22.17% upside)
Analyst Consensus: Hold
Stock Forecasts

News

ATTENTION SNAP SHAREHOLDERS: Investors Who Lost Money on Snap Inc. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

NEW YORK, NY / ACCESSWIRE / February 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Snap Inc. ("Snap") (NYSE:SNAP) concerning possible violations of federal s...

2 hours ago - Accesswire

Snap exec discusses how it's managing content amid the Israel-Gaza war

Hussein Freijeh, vice president of Snap in the Middle East and North Africa, discusses content moderation in the face of tensions in the Middle East.

6 hours ago - CNBC International TV

Lost Money on Snap Inc.(SNAP)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky

NEW YORK, NY / ACCESSWIRE / February 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Snap Inc. ("Snap") (NYSE:SNAP) concerning possible violations of federal s...

1 day ago - Accesswire

Snap Inc. (SNAP) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

NEW YORK--(BUSINESS WIRE)---- $SNAP #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Snap Inc. (“Snap” or “the Compan...

2 days ago - Business Wire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Snap Inc. - SNAP

NEW YORK , Feb. 24, 2024` /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Snap Inc. ("Snap" or the "Company") (NYSE: SNAP). Such investors are advised to contact Daniel...

4 days ago - PRNewsWire

Pinterest and Snapchat struggle to keep up with digital ad titans

Shares of Pinterest (PINS) and Snap (SNAP) continue to struggle after they took a hit from their latest quarterly earnings reports. The companies may have a hard time against competing against rivals ...

Other symbols: PINS
14 days ago - Yahoo Finance

CE 100 Gains 1.9% as XPO and Adyen Surge on Earnings but Snap Plunges

Earnings season winds on, and earnings season dictates — at least for now — how the stocks move. The CE 100 Index gained 1.9%, buoyed by gains in the Move sector, which added 5.2%.

Other symbols: ADYEYXPO
16 days ago - PYMNTS

Snap stock plunges after missing on revenue and slower user growth

Shares of Snap Inc. (SNAP) fell sharply Wednesday, after the Snapchat parent reported disappointing fourth-quarter results, weighed down by missed revenue estimates and disappointing guidance. The sho...

20 days ago - Yahoo Finance

Three-Stock Lunch: Disney, Snap & Uber

Quint Tatro, Joule Financial founder, joins 'Power Lunch' to discuss his take on three stocks: Disney, Snap and Uber.

Other symbols: DISUBER
20 days ago - CNBC Television

Snap CEO explains why he's ‘excited about the results we saw in Q4'

Evan Spiegel – the chief executive of Snap Inc (NYSE: SNAP) says he's “excited about the results we saw in Q4” even though his company's stock is down more than 35% today following the poor quarterly ...

20 days ago - Invezz

Snapchat Founders Lose Billions As Stock Crashes

Shares of Snapchat parent Snap had a historically brutal decline Wednesday, wiping out about a quarter of the social media firm's billionaire leaders' fortunes in the process.

21 days ago - Forbes

Brian Belski makes big trades on Snap, Chesapeake Energy, DoorDash, Gilead, and UnitedHealth

Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to break down his latest trades.

Other symbols: CHKDASHGILDUNH
21 days ago - CNBC Television

Snap CEO on revenue miss and light guidance

Evan Spiegel, Snap CEO, joins 'Money Movers' to discuss the chief executive message to investors, the outlook for Snap's bottom line, and more.

21 days ago - CNBC Television

Snapchat Turns to Subscriptions, AI Features to Offset Declining ARPU

As Snapchat struggles with declining revenue per user, the social media platform is looking to its burgeoning subscription offering, and its artificial intelligence (AI) capabilities therein, to bring...

21 days ago - PYMNTS

Snap shares tumble after the company's revenue miss and weak guidance

Rob Sanderson, Loop Capital Markets senior internet analyst, joins 'Squawk on the Street' to discuss Snap and Uber's quarterly earnings results, the difference between Snap and Meta's ad revenue, and ...

21 days ago - CNBC Television

Snap Stock Got Too Hot. What Comes Next.

Investors hoping Snap would follow Meta Platforms' upward trajectory look to have gotten ahead of themselves.

21 days ago - Barrons

Snap's stock implosion after big rally may capture ‘the definition of insanity'

MoffettNathanson analyst Michael Nathanson didn't mince words in recapping Snap Inc.'s disappointing earnings report and subsequent Wednesday stock plunge.

21 days ago - Market Watch

Snap drops 30% after revenue miss, weak guidance, show advertising struggles

Snap shares tanked more than 30% in Wednesday morning trading, a day after missing revenue estimates and issuing light guidance in its Q4 earnings report.

21 days ago - CNBC

Snap's content wasn't something advertisers wanted to be associated with: Perion CEO Tal Jacobson

Tal Jacobson, Perion CEO, joins 'Squawk Box' to discuss Snap's quarterly earnings results, which reported revenue that trailed analysts' estimates and issued a forecast that came in a bit below Wall S...

21 days ago - CNBC Television

Microsoft Pushes AI in India, Snap Stock Plunges, and Other Tech News Today

Microsoft is betting that artificial intelligence is the next big thing, and it would like everyone to get on board. The latest target: India, where the company is promising to train two million peopl...

Other symbols: MSFT
21 days ago - Barrons

Snap Stock Dives On Disappointing Q4 Sales, Soft 2024 Outlook—Key Price Levels to Watch

Shares in Snap (SNAP) plunged more than 30% in premarket trading Wednesday after the parent of instant messaging app Snapchat reported top-line numbers that came in below analysts' expectations and is...

21 days ago - Investopedia

Snap Doesn't Get its Meta-Moment

Snapchat parent's ad business is recovering slowly, dashing hopes that had overheated its stock.

21 days ago - WSJ

Snap Inc. Files Annual Report on Form 10-K

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) has filed its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission. The report, wh...

21 days ago - Business Wire

Snap tumbles as ad sales lag larger rivals

Snap tumbled 31% on Wednesday after fourth-quarter revenue missed Wall Street expectations, with the company struggling to compete for advertising dollars against heavyweights such as Meta and Alphabe...

21 days ago - Reuters

Snap is looking to unify user experience across Spotlight and Stories

Snap's stock plunged 30% on Tuesday after announcing Q4 2023 results that didn't meet analyst expectations. On the earnings call, CEO Evan Spiegel said the company is taking a few steps this year to f...

21 days ago - TechCrunch