Snap Inc. (SNAP)
NYSE: SNAP · IEX Real-Time Price · USD
16.21
+0.59 (3.78%)
At close: May 15, 2024, 4:00 PM
16.16
-0.05 (-0.31%)
Pre-market: May 16, 2024, 7:16 AM EDT
Snap Inc. Stock Forecast
Stock Price Forecast
The 25 analysts with 12-month price forecasts for Snap Inc. stock have an average target of 14.88, with a low estimate of 7.00 and a high estimate of 23. The average target predicts a decrease of -8.20% from the current stock price of 16.21.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Snap Inc. stock from 28 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 4 | 4 | 4 | 5 | 5 |
| Hold | 14 | 14 | 12 | 12 | 16 | 16 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 25 | 26 | 24 | 24 | 28 | 28 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Susquehanna | Susquehanna | Hold Maintains $12 → $15 | Hold | Maintains | $12 → $15 | -7.46% | Apr 29, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +11.04% | Apr 26, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $11 → $14 | Hold | Maintains | $11 → $14 | -13.63% | Apr 26, 2024 |
| Raymond James | Raymond James | Buy Reiterates $15 → $16 | Buy | Reiterates | $15 → $16 | -1.30% | Apr 26, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | -13.63% | Apr 26, 2024 |
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%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.9B | 6.8B | 7.8B | 9.1B | 10.5B |
| Avg | 5.3B | 6.1B | 6.9B | 8.0B | 8.9B |
| Low | 5.0B | 5.4B | 6.1B | 7.1B | 7.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 27.4% | 27.7% | 27.8% | 31.4% | 31.6% |
| Avg | 16.1% | 14.3% | 13.2% | 15.2% | 11.2% |
| Low | 7.6% | 0.2% | -0.7% | 2.9% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.37 | 0.68 | 0.83 | 1.27 | 1.69 |
| Avg | 0.17 | 0.38 | 0.53 | 0.93 | 1.29 |
| Low | -0.00 | 0.07 | 0.32 | 0.67 | 0.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 295.2% | 120.6% | 139.9% | 82.1% |
| Avg | - | 117.8% | 40.9% | 75.3% | 39.0% |
| Low | - | -60.3% | -14.5% | 25.8% | -2.9% |
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.