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Snap (SNAP)
NYSE:SNAP
Snap (SNAP) Stock Price & Analysis
14,192 Followers
SNAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.28 - $17.90
Previous Close$16.18
Volume12.00M
Average Volume (3M)26.22M
Market Cap
$26.60B
Enterprise Value$27.35B
Total Cash (Recent Filing)$3.54B
Total Debt (Recent Filing)$4.34B
Price to Earnings (P/E)―
Beta1.78
Next Earnings
Aug 01, 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. Volume18,440,559
30 Day Avg. Volume26,218,565
Standard Deviation0.19
R-Squared0.08
Alpha0.00978
Financial Highlights & Ratios
Price to Book (P/B)44.19
Price to Sales (P/S)15.80
Price to Cash Flow (P/CF)38.70
P/FCF Ratio54.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.94
Enterprise Value/Gross Profit10.98
Enterprise Value/Ebitda-43.37
Forecast
1Y Price Target
$15.59Price Target Upside-3.82% Downside
Rating ConsensusHold
Number of Analyst Covering29
Snap News
Bulls Say, Bears Say
Bulls Say
Ad BusinessIndustry checks indicate that Snap has been aggressively attracting advertisers back onto the platform through the use of ad credits.
Financial PerformanceSnap reported strong Q1 results, with both revenue and profitability coming in well ahead of the upper end of its respective guidance ranges.
User GrowthSpotlight engagement and the creator community are continuing to grow, with Snap adding 8 million daily active users in Q1, bringing total DAUs to 422 million, a 10% year-over-year increase.
Bears Say
Competitive LandscapeSnap lacks the scale and financial firepower enjoyed by its larger competitors.
Monetization ChallengesOngoing challenges monetizing usage on Snap, high SBC and expectations for GAAP losses through 2026.
User EngagementSensorTower suggests a decrease in usage minutes despite recent focus on engagement.
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Ownership Overview
10.83% Insiders
24.03% Mutual Funds
16.19% Other Institutional Investors
48.95% 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 $8.28 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 Aug 01, 2024 which is in 15 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 -$0.256 by $0.066.
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 1,386,883,700 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 -$0.256. 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 PRIMECAP Management Co. It holds Snap’s shares valued at 1M.
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Snap Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$15.59 (-3.82% Downside)
$15.59 (-3.82% Downside)
Blogger Sentiment
Neutral
SNAP Sentiment 57%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 12.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
23.26%
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 Month Forecast
Average Price Target
$15.59
▼(-3.82% Downside)
Technical Analysis
Best Analysts Covering SNAP
1 Year
1 Year Success Rate
18/29 ratings generated profit
1 Year Average Return
+48.19%
reiterated a buy rating 3 months 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 +48.19% per trade.
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