Snap Inc. (SNAP)

Snap Inc. Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 15, with a low estimate of 7.00 and a high estimate of 23. The average target predicts a decrease of -7.75% from the current stock price of 16.26.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.00	$15	$15	$23
Change	-56.95%	-7.75%	-7.75%	+41.45%

* Price targets were last updated on Apr 29, 2024.

Analyst Ratings

The average analyst rating for Snap Inc. stock from 26 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	4	4	4	4	4	3
Buy	4	4	4	5	5	5
Hold	14	12	12	16	16	15
Sell	3	3	3	2	2	2
Strong Sell	1	1	1	1	1	1
Total	26	24	24	28	28	26

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shyam Patil Susquehanna	Susquehanna	Hold Maintains $12 → $15	Hold	Maintains	$12 → $15	-7.75%	Apr 29, 2024
Ken Gawrelski Wells Fargo	Wells Fargo	Buy Maintains $16 → $18	Buy	Maintains	$16 → $18	+10.70%	Apr 26, 2024
John Blackledge TD Cowen	TD Cowen	Hold Maintains $11 → $14	Hold	Maintains	$11 → $14	-13.90%	Apr 26, 2024
Aaron Kessler Raymond James	Raymond James	Buy Reiterates $15 → $16	Buy	Reiterates	$15 → $16	-1.60%	Apr 26, 2024
Mark Mahaney Evercore ISI Group	Evercore ISI Group	Hold Maintains $13 → $14	Hold	Maintains	$13 → $14	-13.90%	Apr 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.47B

Increased by 18.78%

from 4.61B

Revenue Next Year

6.28B

Increased by 14.84%

from 5.47B

EPS This Year

0.26

from -0.82

EPS Next Year

0.44

Increased by 70.70%

from 0.26

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.72B	2.51B	4.12B	4.60B	4.61B	5.47B	6.28B	7.08B	7.97B	8.87B
Revenue Growth	45.33%	46.11%	64.25%	11.78%	0.09%	18.78%	14.84%	12.73%	12.52%	11.23%
EPS	-0.75	-0.65	-0.31	-0.89	-0.82	0.26	0.44	0.60	0.93	1.29
EPS Growth	-	-	-	-	-	-	70.70%	37.71%	54.48%	39.01%
Forward PE	-	-	-	-	-	63.61	37.27	27.06	17.52	12.60
No. Analysts	-	-	-	-	-	42	40	23	5	4

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.8B	6.9B	7.8B	9.1B	10.5B
Avg	5.5B	6.3B	7.1B	8.0B	8.9B
Low	5.1B	5.6B	6.2B	7.1B	7.8B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	25.6%	26.7%	24.9%	28.3%	31.6%
Avg	18.8%	14.8%	12.7%	12.5%	11.2%
Low	10.6%	3.1%	-0.9%	0.5%	-1.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.46	0.75	0.91	1.27	1.69
Avg	0.26	0.44	0.60	0.93	1.29
Low	0.14	0.25	0.40	0.67	0.90

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	191.7%	109.4%	111.4%	82.1%
Avg	-	70.7%	37.7%	54.5%	39.0%
Low	-	-0.3%	-7.9%	10.9%	-2.9%

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.