Zacks Research Analysts Increase Earnings Estimates for Snap

Snap Inc. (NYSE:SNAP - Free Report) - Stock analysts at Zacks Research boosted their Q1 2025 EPS estimates for shares of Snap in a report released on Tuesday, February 25th. Zacks Research analyst R. Department now anticipates that the company will post earnings of ($0.12) per share for the quarter, up from their previous estimate of ($0.13). The consensus estimate for Snap's current full-year earnings is ($0.30) per share. Zacks Research also issued estimates for Snap's Q2 2025 earnings at ($0.10) EPS, Q3 2025 earnings at ($0.05) EPS, Q4 2025 earnings at ($0.02) EPS, FY2025 earnings at ($0.27) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.01) EPS, Q4 2026 earnings at ($0.01) EPS, FY2026 earnings at ($0.11) EPS and FY2027 earnings at ($0.07) EPS.

Snap (NYSE:SNAP - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by ($0.13). Snap had a negative return on equity of 25.67% and a negative net margin of 13.02%.

SNAP has been the topic of a number of other reports. Citizens Jmp lowered shares of Snap from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 5th. Wells Fargo & Company lowered Snap from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $15.00 to $11.00 in a research report on Wednesday, February 5th. JMP Securities restated a "market outperform" rating and issued a $16.00 price objective on shares of Snap in a research report on Monday, January 27th. Loop Capital upped their price target on Snap from $14.00 to $16.00 and gave the company a "buy" rating in a research note on Tuesday, November 5th. Finally, BMO Capital Markets restated an "outperform" rating and issued a $16.00 price objective (down from $18.00) on shares of Snap in a report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, twenty-five have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $36.87.

Snap Price Performance

Shares of SNAP traded down $0.09 during trading hours on Friday, hitting $10.17. The stock had a trading volume of 4,027,184 shares, compared to its average volume of 28,993,914. The stock has a market capitalization of $17.24 billion, a price-to-earnings ratio of -24.22 and a beta of 0.99. The company has a debt-to-equity ratio of 1.47, a current ratio of 3.95 and a quick ratio of 3.95. The company's fifty day moving average is $11.09 and its two-hundred day moving average is $10.81. Snap has a 52 week low of $8.29 and a 52 week high of $17.33.

Insider Transactions at Snap

In other news, CAO Rebecca Morrow sold 32,000 shares of the firm's stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $12.42, for a total value of $397,440.00. Following the completion of the transaction, the chief accounting officer now owns 433,064 shares in the company, valued at $5,378,654.88. This trade represents a 6.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Derek Andersen sold 17,789 shares of Snap stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of $12.00, for a total value of $213,468.00. Following the completion of the sale, the chief financial officer now directly owns 2,176,017 shares in the company, valued at approximately $26,112,204. This represents a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 481,471 shares of company stock valued at $5,394,906 in the last ninety days. 22.68% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Snap

Several large investors have recently made changes to their positions in SNAP. Capital International Investors bought a new stake in Snap during the fourth quarter worth $422,049,000. Capital World Investors increased its stake in shares of Snap by 38.9% during the 4th quarter. Capital World Investors now owns 84,137,317 shares of the company's stock worth $906,161,000 after purchasing an additional 23,569,522 shares during the last quarter. Norges Bank bought a new stake in shares of Snap in the 4th quarter valued at about $30,162,000. Renaissance Technologies LLC acquired a new stake in Snap in the 4th quarter valued at about $27,713,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Snap by 62.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 6,211,360 shares of the company's stock valued at $66,462,000 after purchasing an additional 2,386,519 shares during the last quarter. Institutional investors and hedge funds own 47.52% of the company's stock.

About Snap

Snap Inc operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images.