Snap Inc [NYSE: SNAP] stock went on an upward path that rose over 7.13% on Friday, amounting to a one-week price increase of more than 8.86%.
Over the last 12 months, SNAP stock dropped by -19.03%. The one-year Snap Inc stock forecast points to a potential downside of -396617236.15. The average equity rating for SNAP stock is currently 2.82, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $14.57 billion, with 1.43 billion shares outstanding and 1.07 billion shares in the current float. Compared to the average trading volume of 37.52M shares, SNAP stock reached a trading volume of 63009782 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Snap Inc [SNAP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SNAP shares is $9.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SNAP stock is a recommendation set at 2.82. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Guggenheim have made an estimate for Snap Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 11, 2025. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on February 05, 2025, representing the official price target for Snap Inc stock. Previously, the target price had yet another drop from $15 to $11, while Wells Fargo kept a Equal Weight rating on SNAP stock.
The Price to Book ratio for the last quarter was 6.36, with the Price to Cash per share for the same quarter was set at 1.92. Price to Free Cash Flow for SNAP in the course of the last twelve months was 49.37 with Quick ratio for the last quarter at 4.30.
SNAP Stock Performance Analysis:
Snap Inc [SNAP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.86. With this latest performance, SNAP shares gained by 4.56% in over the last four-week period, additionally sinking by -22.56% over the last 6 months – not to mention a drop of -19.03% in the past year of trading.
Insight into Snap Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Snap Inc [SNAP] shares currently have an operating margin of -11.72% and a Gross Margin at 51.40%. Snap Inc’s Net Margin is presently recorded at -9.63%.
Return on Equity for this stock declined to -7.22%, with Return on Assets sitting at -7.22%.
SNAP Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SNAP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Snap Inc go to 32.10%.
Snap Inc [SNAP] Institutonal Ownership Details
There are presently around $63.98%, or 84.58% of SNAP stock, in the hands of institutional investors. The top three institutional holders of SNAP stocks are: FMR LLC with ownership of 206.76 million shares, which is approximately 12.5713%. VANGUARD GROUP INC, holding 98.86 million shares of the stock with an approximate value of $$1.64 billion in SNAP stocks shares; and VANGUARD GROUP INC, currently with $$1.21 billion in SNAP stock with ownership which is approximately 4.4215%.
