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Snap (SNAP)
NYSE:SNAP
Snap (SNAP) Stock Price & Analysis
13,987 Followers
SNAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.15 - $17.90
Previous Close$16.84
Volume24.97M
Average Volume (3M)32.50M
Market Cap
$27.80B
Enterprise Value$28.60B
Total Cash (Recent Filing)$3.54B
Total Debt (Recent Filing)$4.34B
Price to Earnings (P/E)-21.1
Beta1.45
Next Earnings
Jul 23, 2024EPS Estimate
-$0.16Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.80
Shares Outstanding1,641,038,990
10 Day Avg. Volume53,317,787
30 Day Avg. Volume32,497,807
Standard Deviation0.19
R-Squared0.08
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)46.30
Price to Sales (P/S)5.07
Price to Cash Flow (P/CF)40.50
P/FCF Ratio39.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.21
Enterprise Value/Gross Profit6.21
Enterprise Value/Ebitda-45.34
Forecast
1Y Price Target
$15.78Price Target Upside-7.93% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
Snap News
PremiumThe Fly
Snap rises 28.0%
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSnap reported strong Q1 results, with both revenue and profitability coming in well ahead of the upper end of its respective guidance ranges.
Growth MetricsThe massive reacceleration in revenue growth and above consensus Q2 revenue guide should help fuel the bull case for the stock.
Product AdoptionSnapchat+ continues to scale effectively, now with 9M subscribers and $87M in revenue, comprising ~7% of total revenue.
Bears Say
Competitive And Market ChallengesThe competitive landscape is daunting, and digital ad spending remains ultra-sensitive to the macro environment.
Monetization And Financial ChallengesThe company faces ongoing challenges in monetizing user activity and expects GAAP losses to continue through 2026.
User Growth ConcernsThe lack of Daily Active User growth in mature geographies remains a concern, with no progress seen in North America and Europe.
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Ownership Overview
10.76% Insiders
23.19% Mutual Funds
13.41% Other Institutional Investors
52.63% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Snap
Desktop Users
Mobile Users
SNAP FAQ
What was Snap’s price range in the past 12 months?
Snap lowest stock price was $8.15 and its highest was $17.90 in the past 12 months.
What is Snap’s market cap?
Currently, no data Available
When is Snap’s upcoming earnings report date?
Snap’s upcoming earnings report date is Jul 23, 2024 which is in 76 days.
How were Snap’s earnings last quarter?
Snap released its earnings results on Apr 25, 2024. The company reported -$0.19 earnings per share for the quarter, beating the consensus estimate of -$0.257 by $0.067.
Is Snap overvalued?
According to Wall Street analysts Snap’s price is currently Overvalued.
Does Snap pay dividends?
Snap does not currently pay dividends.
What is Snap’s EPS estimate?
Snap’s EPS estimate is -$0.16.
How many shares outstanding does Snap have?
Snap has 1,396,476,200 shares outstanding.
What happened to Snap’s price movement after its last earnings report?
Snap reported an EPS of -$0.19 in its last earnings report, beating expectations of -$0.257. Following the earnings report the stock price went up 27.632%.
Which hedge fund is a major shareholder of Snap?
Among the largest hedge funds holding Snap’s share is Slate Path Capital LP. It holds Snap’s shares valued at 161M.
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Snap Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.78 (-7.93% Downside)
$15.78 (-7.93% Downside)
Blogger Sentiment
Neutral
SNAP Sentiment 55%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 12.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 1.2%
Last 30 Days ▼ 1.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
104.61%
12-Months-Change
Fundamentals
Return on Equity
-55.16%
Trailing 12-Months
Asset Growth
-9.14%
Trailing 12-Months
Company Description
Snap
Founded in 2010 and based in California, Snap, Inc. is a social media company and provides a camera platform in the U.S. and internationally. It has developed many technological products and services including Snapchat, which uses the camera and editing tools to take and share Snaps; Bitmojis, which are personal emojis; Spectacles, which are wearable sunglasses capable of taking Snaps and interacting directly with the Snapchat application. The company's primary source of revenue is advertising.
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SNAP Company Deck
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SNAP Earnings Call
Q1 2024
0:00 / 0:00
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SNAP Revenue Breakdown
64.10% North America
19.14% Rest of World
16.76% Europe
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SNAP Stock 12 Months Forecast
Average Price Target
$15.78
▼(-7.93% Downside)
Technical Analysis
Best Analysts Covering SNAP
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+48.89%
reiterated a buy rating 12 days ago
Copying Ross Sandler's trades and holding each position for 1 Year would result in 62.07% of your transactions generating a profit, with an average return of +48.89% per trade.
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