Snap Inc. (SNAP)
NYSE: SNAP · IEX Real-Time Price · USD
10.85
-0.51 (-4.49%)
At close: Apr 12, 2024, 4:00 PM
10.60
-0.25 (-2.30%)
After-hours: Apr 12, 2024, 7:59 PM EDT

Snap Inc. Stock Forecast

Stock Price Forecast

The 23 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 13.39, with a low estimate of 7.00 and a high estimate of 23. The average target predicts an increase of 23.41% from the current stock price of 10.85.

Analyst Consensus: Hold
Target Low Average Median High
Price $7.00 $13.39 $13 $23
Change -35.48% +23.41% +19.82% +111.98%
* Price targets were last updated on Feb 8, 2024.

Analyst Ratings

The average analyst rating for Snap Inc. stock from 24 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 344444
Buy 234444
Hold 161414121212
Sell 333333
Strong Sell 111111
Total 252526242424

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Hold
Maintains
$15$14
Hold Maintains $15$14 +24.42% Feb 8, 2024
Truist Securities
Truist Securities
Hold
Maintains
$11$12
Hold Maintains $11$12 +10.60% Feb 7, 2024
Morgan Stanley
Morgan Stanley
Sell
Maintains
$13$11
Sell Maintains $13$11 +1.38% Feb 7, 2024
RBC Capital
RBC Capital
Hold
Maintains
$17$13
Hold Maintains $17$13 +19.82% Feb 7, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$22$16
Buy Maintains $22$16 +47.47% Feb 7, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
5.35B
from 4.61B
Increased by 16.06%
Revenue Next Year
6.11B
from 5.35B
Increased by 14.27%
EPS This Year
0.17
from -0.82
EPS Next Year
0.38
from 0.17
Increased by 117.75%
Year 2019202020212022202320242025202620272028
Revenue
1.72B2.51B4.12B4.60B4.61B5.35B6.11B6.92B7.49B7.99B
Revenue Growth
45.33%46.11%64.25%11.78%0.09%16.06%14.27%13.23%8.33%6.69%
EPS
-0.75-0.65-0.31-0.89-0.820.170.380.530.881.16
EPS Growth
------117.75%40.86%66.59%31.79%
No. Analysts -----41382343
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.