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Snap ( (SNAP) ) has provided an announcement.
Snap Inc. announced its 2025 annual meeting of stockholders will be held online on August 1, 2025. The meeting will address the election of eleven directors and the ratification of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. Co-founders Evan Spiegel and Robert Murphy, who hold significant voting power, intend to approve these proposals by written consent, ensuring their passage before the meeting. This move highlights the control and influence the co-founders have over the company’s governance decisions.
The most recent analyst rating on (SNAP) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Snap stock, see the SNAP Stock Forecast page.
Spark’s Take on SNAP Stock
According to Spark, TipRanks’ AI Analyst, SNAP is a Neutral.
Snap’s overall score reflects positive revenue and user growth, bolstered by strategic innovations in AI and AR, as highlighted in the earnings call. However, ongoing profitability challenges and a negative P/E ratio weigh significantly on the valuation and financial performance scores, impacting the overall attractiveness.
To see Spark’s full report on SNAP stock, click here.
More about Snap
Snap Inc. operates in the technology industry, primarily focusing on social media and camera applications. The company is known for its flagship product, Snapchat, which is a multimedia messaging app popular among younger demographics.
Average Trading Volume: 37,576,027
Technical Sentiment Signal: Sell
Current Market Cap: $15.58B
For a thorough assessment of SNAP stock, go to TipRanks’ Stock Analysis page.