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Snap (SNAP)
NYSE:SNAP
Holding SNAP?
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SNAP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.28 - $17.90
Previous Close$9.64
Volume28.49M
Average Volume (3M)23.80M
Market Cap
$16.00B
Enterprise Value$17.16B
Total Cash (Recent Filing)$3.08B
Total Debt (Recent Filing)$4.24B
Price to Earnings (P/E)―
Beta2.16
Next Earnings
Oct 22, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.71
Shares Outstanding1,659,484,617
10 Day Avg. Volume24,834,024
30 Day Avg. Volume23,804,230
Standard Deviation0.20
R-Squared0.07
Alpha-0.00135
Financial Highlights & Ratios
Price to Book (P/B)7.71
Price to Sales (P/S)3.17
Price to Cash Flow (P/CF)-184.80
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.44
Enterprise Value/Gross Profit6.88
Enterprise Value/Ebitda-22.37
Forecast
1Y Price Target
$13.14Price Target Upside39.49% Upside
Rating ConsensusHold
Number of Analyst Covering28
Snap News
PremiumStock Analysis & Ideas
DJT vs. SNAP: Which Social Media Stock Is Better?Bulls Say, Bears Say
Bulls Say
Advertising InnovationSnap plans to launch Sponsored Snaps, which will allow advertisers to send Snapchats directly to users' chat inboxes.
Subscription GrowthSnapchat+ members reached 11 million and now account for 8.2% of total revenue, indicating growing subscription revenue.
User EngagementDaily Active Users (DAUs) of 432 million came in above guidance, showing strong user engagement.
Bears Say
Ad RevenueThe monetization potential of Sponsored Snaps is considered limited, estimated to add only 1% to 2025 revenue while cluttering user's chat inboxes.
Competitive LandscapeThe competitive landscape is daunting, and the long-term gen AI movement favors the largest platforms.
Financial PerformanceQ3 EBITDA guidance was $30M below prior expectation.
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Ownership Overview
10.58% Insiders
23.95% Mutual Funds
30.31% Other Institutional Investors
35.16% 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 Oct 22, 2024 which is in 33 days.
How were Snap’s earnings last quarter?
Snap released its earnings results on Aug 01, 2024. The company reported -$0.15 earnings per share for the quarter, beating the consensus estimate of -$0.157 by $0.007.
Is Snap overvalued?
According to Wall Street analysts Snap’s price is currently Undervalued.
Does Snap pay dividends?
Snap does not currently pay dividends.
What is Snap’s EPS estimate?
Snap’s EPS estimate is -$0.13.
How many shares outstanding does Snap have?
Snap has 1,405,334,400 shares outstanding.
What happened to Snap’s price movement after its last earnings report?
Snap reported an EPS of -$0.15 in its last earnings report, beating expectations of -$0.157. Following the earnings report the stock price went down -26.932%.
Which hedge fund is a major shareholder of Snap?
Among the largest hedge funds holding Snap’s share is Discovery Capital Management, LLC. It holds Snap’s shares valued at 23M.
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Snap Stock Smart Score
Unlock Smart Score
1
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8
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10
Analyst Consensus
Hold
Average Price Target:
$13.14 (39.49% Upside)
$13.14 (39.49% Upside)
Blogger Sentiment
Neutral
SNAP Sentiment 59%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
5.24%
12-Months-Change
Fundamentals
Return on Equity
-51.19%
Trailing 12-Months
Asset Growth
-3.21%
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
Q2 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
$13.14
▲(39.49% Upside)
Technical Analysis
Best Analysts Covering SNAP
1 Year
1 Year Success Rate
17/30 ratings generated profit
1 Year Average Return
+40.96%
reiterated a buy rating 2 months ago
Copying Ross Sandler's trades and holding each position for 1 Year would result in 56.67% of your transactions generating a profit, with an average return of +40.96% per trade.
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