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Snap (SNAP) Stock Forecast & Price Target

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$11.40 +0.10 (+0.88%)
(As of 12/20/2024 05:45 PM ET)

Snap - Analysts' Recommendations and Stock Price Forecast (2025)

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

Sell
1
Hold
22
Buy
9

Based on 32 Wall Street analysts who have issued ratings for Snap in the last 12 months, the stock has a consensus rating of "Hold." Out of the 32 analysts, 1 has given a sell rating, 22 have given a hold rating, and 9 have given a buy rating for SNAP.

Consensus Price Target

$37.10
225.41% Upside
According to the 32 analysts' twelve-month price targets for Snap, the average price target is $37.10. The highest price target for SNAP is $640.00, while the lowest price target for SNAP is $9.00. The average price target represents a forecasted upside of 225.41% from the current price of $11.40.
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SNAP Analyst Ratings Over Time

TypeCurrent Forecast
12/24/23 to 12/23/24
1 Month Ago
11/24/23 to 11/23/24
3 Months Ago
9/25/23 to 9/24/24
1 Year Ago
12/24/22 to 12/24/23
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)
7 Buy rating(s)
6 Buy rating(s)
Hold
22 Hold rating(s)
22 Hold rating(s)
24 Hold rating(s)
14 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$37.10$14.31$13.76$11.81
Forecasted Upside225.41% Upside25.35% Upside30.17% Upside-30.72% Downside
Consensus Rating
Hold
Hold
Hold
Hold

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Snap Stock vs. The Competition

TypeSnapComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.25
2.69
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside225.41% Upside265.04% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent SNAP News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/5/2024Needham & Company LLC
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$640.00+4,967.30%
12/3/2024Guggenheim
2 of 5 stars
 Reiterated RatingBuy ➝ Buy$12.11 ➝ $12.11-6.49%
11/29/2024Citigroup
3 of 5 stars
 Boost TargetNeutral ➝ Neutral$11.00 ➝ $13.00+9.06%
11/5/2024Loop Capital
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 Boost TargetBuy ➝ Buy$14.00 ➝ $16.00+31.26%
10/30/2024JMP Securities
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A. Boone
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Lower TargetMarket Outperform ➝ Market Outperform$17.00 ➝ $16.00+25.69%
10/30/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $13.50+8.26%
10/30/2024Cantor Fitzgerald
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D. Mathivanan
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Boost TargetNeutral ➝ Neutral$8.00 ➝ $9.00-27.83%
10/30/2024Canaccord Genuity Group
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 Boost TargetHold ➝ Hold$12.00 ➝ $13.00+4.25%
10/30/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$13.00 ➝ $14.00+12.27%
10/30/2024Royal Bank of Canada
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 Reiterated RatingSector Perform ➝ Sector Perform$16.00 ➝ $16.00+29.03%
10/30/2024B. Riley
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N. Khan
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Boost TargetNeutral ➝ Neutral$11.00 ➝ $12.00-3.23%
10/30/2024Truist Financial
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 Boost TargetHold ➝ Hold$13.00 ➝ $14.00+11.11%
10/30/2024Piper Sandler
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 Reiterated RatingNeutral ➝ Neutral$12.00 ➝ $13.00+3.17%
10/30/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $13.00+5.01%
10/30/2024Evercore ISI
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 Boost TargetIn-Line ➝ In-Line$12.00 ➝ $15.00+21.16%
10/25/2024Benchmark
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 Reiterated RatingHold
10/14/2024Stifel Nicolaus
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 Lower TargetHold ➝ Hold$13.00 ➝ $11.00+0.82%
10/4/2024Wells Fargo & Company
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 Lower TargetOverweight ➝ Overweight$15.00 ➝ $14.00+31.83%
9/18/2024Deutsche Bank Aktiengesellschaft
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 Reiterated RatingBuy ➝ Buy$14.00 ➝ $14.00+45.38%
9/18/2024Roth Mkm
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 Reiterated RatingNeutral ➝ Neutral$14.00 ➝ $14.00+48.54%
8/8/2024Argus
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J. Kelleher
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UpgradeHold
8/2/2024Hsbc Global Res
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M. Khallouf
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DowngradeStrong-Buy ➝ Hold
8/2/2024Barclays
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 Lower TargetOverweight ➝ Overweight$17.00 ➝ $16.00+67.89%
8/2/2024HSBC
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 DowngradeBuy ➝ Hold
8/2/2024JPMorgan Chase & Co.
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 Lower TargetUnderweight ➝ Underweight$13.00 ➝ $11.00-14.06%
8/2/2024Susquehanna
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 Lower TargetNeutral ➝ Neutral$15.00 ➝ $12.00-6.25%
7/23/2024Morgan Stanley
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 UpgradeUnderweight ➝ Equal Weight$12.00 ➝ $16.00+8.33%
7/16/2024Wolfe Research
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S. Khajuria
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Initiated CoveragePeer Perform
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%
4/26/2024Rosenblatt Securities
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 Boost TargetNeutral ➝ Neutral$12.00 ➝ $14.00+22.81%
2/7/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$22.00 ➝ $20.00+67.36%
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%
7/17/2023Credit Suisse Group
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 Boost TargetOutperform$11.00 ➝ $16.00+21.67%
1/4/2023New Street Research
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 Initiated CoverageBuy$12.00+35.59%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 04:59 AM ET.


Should I Buy Snap Stock? SNAP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these Snap pros and cons to contact@marketbeat.com.

Snap
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Snap Inc.:

  • Snap Inc. recently reported a quarterly earnings per share (EPS) of $0.08, exceeding analysts' expectations of $0.05, indicating strong performance and potential for growth.
  • The company's revenue for the quarter was $1.37 billion, surpassing the consensus estimate of $1.36 billion, showcasing its ability to generate significant income.
  • Snap Inc. has seen a year-over-year revenue increase of 15.4%, suggesting a positive growth trajectory and effective business strategies.
  • Institutional investors have shown increased confidence in Snap Inc., with significant holdings and recent purchases, indicating a bullish outlook on the stock.
  • The current stock price is around $13.91, which is close to the average price target set by analysts, suggesting it may be a good entry point for investors looking for potential upside.

Snap
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Snap Inc. for these reasons:

  • Snap Inc. is projected to have an earnings per share (EPS) of -0.4 for the current fiscal year, indicating ongoing challenges in profitability.
  • The company has a negative net margin of 18.49%, which means it is losing money on its sales, raising concerns about its financial health.
  • Snap Inc. has a negative return on equity of 35.60%, suggesting that it is not effectively generating profits from its equity investments.
  • Despite recent upgrades from analysts, there is still a significant number of hold ratings, indicating uncertainty about the stock's future performance.
  • Market volatility and competition in the technology sector could pose risks to Snap Inc.'s growth and market share, making it a potentially risky investment.

SNAP Forecast - Frequently Asked Questions

According to the research reports of 32 Wall Street equities research analysts, the average twelve-month stock price forecast for Snap is $37.10, with a high forecast of $640.00 and a low forecast of $9.00.

32 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Snap in the last twelve months. There is currently 1 sell rating, 22 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SNAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SNAP, but not buy additional shares or sell existing shares.

According to analysts, Snap's stock has a predicted upside of 225.41% based on their 12-month stock forecasts.

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

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.


This page (NYSE:SNAP) was last updated on 12/23/2024 by MarketBeat.com Staff
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