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Snap (SNAP) Stock Forecast & Price Target

$15.02
-0.15 (-0.99%)
(As of 05/31/2024 ET)

Snap - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 26 Analyst Ratings

Consensus Price Target

$14.79
-1.54% Downside
High Forecast$23.00
Average Forecast$14.79
Low Forecast$7.50
TypeCurrent Forecast
6/3/23 to 6/2/24
1 Month Ago
5/4/23 to 5/3/24
3 Months Ago
3/5/23 to 3/4/24
1 Year Ago
6/3/22 to 6/3/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
9 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
Hold
15 Hold rating(s)
15 Hold rating(s)
12 Hold rating(s)
30 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$14.79$14.79$13.70$10.39
Forecasted Upside-1.54% Downside12.08% Upside8.72% Upside-1.47% Downside
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SNAP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SNAP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Snap Stock vs. The Competition

TypeSnapComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.27
2.59
2.49
Consensus RatingHoldModerate BuyHold
Predicted Upside-1.54% Downside196.40% Upside9.98% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/29/2024Susquehanna
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $15.00+4.24%
4/26/2024Raymond James
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 Reiterated RatingOutperform ➝ Outperform$15.00 ➝ $16.00+9.81%
4/26/2024TD Cowen
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 Boost TargetHold ➝ Hold$11.00 ➝ $14.00-3.91%
4/26/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$16.00 ➝ $18.00+23.54%
4/26/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$13.50 ➝ $16.00+7.53%
4/26/2024Benchmark
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 Reiterated RatingHold
4/26/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$11.00 ➝ $12.00-19.35%
4/26/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$13.00 ➝ $14.00-5.91%
4/26/2024Stifel Nicolaus
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 Boost TargetHold ➝ Hold$12.00 ➝ $13.00-9.78%
4/26/2024Truist Financial
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 Boost TargetHold ➝ Hold$12.00 ➝ $16.00+11.03%
4/26/2024Royal Bank of Canada
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 Boost TargetSector Perform ➝ Sector Perform$13.00 ➝ $16.00+11.03%
4/26/2024Barclays
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 Boost TargetOverweight ➝ Overweight$15.00 ➝ $17.00+21.17%
4/26/2024Canaccord Genuity Group
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 Boost TargetHold ➝ Hold$14.00 ➝ $15.00+31.58%
4/26/2024Rosenblatt Securities
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $14.00+22.81%
4/26/2024HSBC
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 UpgradeReduce ➝ Buy
4/23/2024Roth Mkm
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 Reiterated RatingNeutral ➝ Neutral$14.00 ➝ $14.00+21.11%
4/16/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$14.00 ➝ $13.00+25.79%
2/7/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$22.00 ➝ $20.00+67.36%
1/26/2024Deutsche Bank Aktiengesellschaft
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 UpgradeHold ➝ Buy$10.00 ➝ $19.00+16.71%
1/17/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $17.00+9.36%
12/18/2023Guggenheim
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 UpgradeNeutral ➝ Buy$9.00 ➝ $23.00+35.93%
11/30/2023Jefferies Financial Group
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 UpgradeHold ➝ Buy$12.00 ➝ $16.00+23.17%
10/26/2023China Renaissance
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 UpgradeSell ➝ Hold$9.00-1.85%
10/25/2023JPMorgan Chase & Co.
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 Boost TargetUnderweight ➝ Underweight$8.00 ➝ $9.00-2.91%
7/27/2023Citigroup
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 Boost TargetNeutral$9.00 ➝ $11.00+6.38%
7/17/2023Credit Suisse Group
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 Boost TargetOutperform$11.00 ➝ $16.00+21.67%
6/7/2023Loop Capital
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 Lower Target$16.00 ➝ $14.00+33.21%
1/17/2023JMP Securities
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 DowngradeOutperform ➝ Market Perform
1/4/2023New Street Research
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 Initiated CoverageBuy$12.00+35.59%
10/27/2022Cowen
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 Lower Target$9.00-5.66%
10/27/2022Atlantic Securities
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 Lower Target$10.00+4.82%
10/21/2022Susquehanna Bancshares
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 Lower TargetNeutral$11.00 ➝ $8.00+8.99%
10/21/2022Bank Of America (Bofa)
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Justin Post
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DowngradeBuy ➝ Neutral$22.00 ➝ $11.00+1.95%
10/21/2022MKM Partners
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Rohit Kulkarni
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DowngradeBuy ➝ Neutral$15.00 ➝ $10.00-7.32%
10/21/2022Bank of America
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 DowngradeBuy ➝ Neutral$22.00 ➝ $11.00+1.95%
10/21/2022Sanford C. Bernstein
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 DowngradeOutperform ➝ Market Perform$15.00 ➝ $9.00-16.59%
7/25/2022Argus
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 DowngradeBuy ➝ Hold
7/25/2022Wolfe Research
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 DowngradeOutperform ➝ Peer Perform
7/22/2022Moffett Nathanson
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 DowngradeBuy ➝ Neutral
7/22/2022KeyCorp
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 DowngradeOverweight ➝ Sector Weight
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7/22/2022Oppenheimer
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 DowngradeOutperform ➝ Market Perform
6/6/2022Huber Research
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 DowngradeOverweight ➝ Underweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:50 AM ET.

SNAP Frequently Asked Questions

What is Snap's stock forecast and purchase recommendation?

According to the research reports of 26 Wall Street equities research analysts, the average twelve-month stock price forecast for Snap is $14.79, with a high forecast of $23.00 and a low forecast of $7.50. The consensus rating for Snap stock is Hold based on the current 2 sell ratings, 15 hold ratings and 9 buy ratings for SNAP. Learn more on SNAP's analyst rating history.

Do Wall Street analysts like Snap more than its competitors?

Analysts like Snap less than other "computer and technology" companies. The consensus rating for Snap is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how SNAP compares to other companies.

Is Snap being upgraded by Wall Street analysts?

Over the previous 90 days, Snap's stock had 1 upgrade by analysts.

Does Snap's stock price have much upside?

According to analysts, Snap's stock has a predicted upside of 12.08% based on their 12-month stock forecasts.


Stock Forecasts and Research Tools

This page (NYSE:SNAP) was last updated on 6/2/2024 by MarketBeat.com Staff

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