Snap Inc. (SNAP)

Snap Inc. Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 13.45, with a low estimate of 7.00 and a high estimate of 23. The average target predicts an increase of 18.09% from the current stock price of 11.39.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.00	$13.45	$13	$23
Change	-38.54%	+18.09%	+14.14%	+101.93%

Analyst Ratings

The average analyst rating for Snap Inc. stock from 23 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	4	4	4	4	4
Buy	2	3	4	4	4	4
Hold	16	14	14	12	12	11
Sell	3	3	3	3	3	3
Strong Sell	1	1	1	1	1	1
Total	25	25	26	24	24	23

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rohit Kulkarni Roth MKM	Roth MKM	Hold Reiterates $14	Hold	Reiterates	$14	+22.91%	Apr 23, 2024
Lloyd Walmsley UBS	UBS	Hold Maintains $14 → $13	Hold	Maintains	$14 → $13	+14.14%	Apr 16, 2024
Mark Kelley Stifel	Stifel	Hold Maintains $14 → $12	Hold	Maintains	$14 → $12	+5.36%	Apr 16, 2024
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $15 → $14	Hold	Maintains	$15 → $14	+18.53%	Feb 8, 2024
Youssef Squali Truist Securities	Truist Securities	Hold Maintains $11 → $12	Hold	Maintains	$11 → $12	+5.36%	Feb 7, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

5.35B

Increased by 16.06%

from 4.61B

Revenue Next Year

6.11B

Increased by 14.27%

from 5.35B

EPS This Year

0.17

from -0.82

EPS Next Year

0.38

Increased by 117.75%

from 0.17

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	1.72B	2.51B	4.12B	4.60B	4.61B	5.35B	6.11B	6.92B	7.49B	7.99B
Revenue Growth	45.33%	46.11%	64.25%	11.78%	0.09%	16.06%	14.27%	13.23%	8.33%	6.69%
EPS	-0.75	-0.65	-0.31	-0.89	-0.82	0.17	0.38	0.53	0.88	1.16
EPS Growth	-	-	-	-	-	-	117.75%	40.86%	66.59%	31.79%
No. Analysts	-	-	-	-	-	41	38	23	4	3

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	5.9B	6.8B	7.8B	8.2B	8.7B
Avg	5.3B	6.1B	6.9B	7.5B	8.0B
Low	5.0B	5.4B	6.1B	6.8B	7.4B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	27.4%	27.7%	27.8%	17.9%	16.1%
Avg	16.1%	14.3%	13.2%	8.3%	6.7%
Low	7.6%	0.2%	-0.7%	-1.7%	-1.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	0.37	0.68	0.83	0.92	1.20
Avg	0.17	0.38	0.53	0.88	1.16
Low	-0.00	0.07	0.32	0.83	1.12

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	295.2%	120.6%	74.5%	35.7%
Avg	-	117.8%	40.9%	66.6%	31.8%
Low	-	-60.3%	-14.5%	57.3%	26.6%

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.