Snap Inc. (SNAP)

Snap Inc. Stock Forecast

Stock Price Forecast

The 26 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 14.25, with a low estimate of 9.00 and a high estimate of 23. The average target predicts an increase of 13.73% from the current stock price of 12.53.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$9.00	$14.25	$14	$23
Change	-28.17%	+13.73%	+11.73%	+83.56%

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	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	4	4	3	3	3	3
Buy	5	5	4	4	4	5
Hold	16	16	16	18	21	20
Sell	2	2	1	1	1	1
Strong Sell	1	1	0	0	0	0
Total	28	28	24	26	29	29

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Boone JMP Securities	JMP Securities	Buy Maintains $17 → $16	Buy	Maintains	$17 → $16	+27.69%	Oct 30, 2024
Justin Post B of A Securities	B of A Securities	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	+11.73%	Oct 30, 2024
Maria Ripps Canaccord Genuity	Canaccord Genuity	Hold Maintains $12 → $13	Hold	Maintains	$12 → $13	+3.75%	Oct 30, 2024
Deepak Mathivanan Cantor Fitzgerald	Cantor Fitzgerald	Hold Maintains $8 → $9	Hold	Maintains	$8 → $9	-28.17%	Oct 30, 2024
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $12 → $14	Hold	Maintains	$12 → $14	+7.74%	Oct 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.45B

Increased by 18.39%

from 4.61B

Revenue Next Year

6.20B

Increased by 13.77%

from 5.45B

EPS This Year

0.22

from -0.82

EPS Next Year

0.38

Increased by 70.56%

from 0.22

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.72B	2.51B	4.12B	4.60B	4.61B	5.45B	6.20B	7.02B
Revenue Growth	45.33%	46.11%	64.25%	11.78%	0.09%	18.39%	13.77%	13.19%
EPS	-0.75	-0.65	-0.31	-0.89	-0.82	0.22	0.38	0.60
EPS Growth	-	-	-	-	-	-	70.56%	56.23%
Forward PE	-	-	-	-	-	55.69	32.65	20.90
No. Analysts	-	-	-	-	-	44	42	31

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.7B	6.6B	7.6B
Avg	5.5B	6.2B	7.0B
Low	5.1B	5.6B	6.2B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	22.8%	21.5%	22.5%
Avg	18.4%	13.8%	13.2%
Low	10.6%	3.5%	0.4%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.30	0.65	0.82
Avg	0.22	0.38	0.60
Low	0.13	0.25	0.38

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	189.4%	113.4%
Avg	-	70.6%	56.2%
Low	-	10.2%	-1.9%

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.