Snap Inc (SNAP) Stock Forecast & Predictions

Snap Inc - Class A SNAP: $63.17

2772 Donald Douglas Loop North, Santa Monica, California, US. | Sector: Information | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.snap.com

  • Market Cap$94.12B
  • Change (52 Weeks)178.77%
  • Low (52 Weeks)$20.61
  • Snap Inc (SNAP) Forecast Based on Technical Analysis


    Neutral
    Based on 15 Technical Indicators where 20.00% are on Buy, 26.67% on Sell, and 53.33% Neutral.

    According to the market data, Snap Inc (SNAP) stock price is $63.17 and the 52 weeks low is $20.61, which means the Snap Inc stock price is up 178.77% in the last 12 months.

    Snap Inc (SNAP) Stock Price has been Trending Strongly with an ADX reading of 47.95 as per the Weekly Chart.

    A Upward trend indicates that Snap Inc (SNAP) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 15 technical indicators, 20.00% are indicating that SNAP Stock price might rise further, 26.67% indicating that SNAP Stock price might fall, and 53.33% are in a neutral position.

    Based on these technical algorithms, overall SNAP stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Snap Inc (SNAP) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Snap Inc (SNAP) is based on 46 Institutional Analyst Ratings where 52.17% are on Strong Buy, 23.91% on Moderate Buy, 21.74% remains on Hold, 2.17% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 46 Institutional Analysts, majority recommended SNAP stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Snap Inc.

    Snap Inc (SNAP) Stock Price Prediction By Analysts


    HighLowAverage
    $105.00$42.42$78.66
    $78.6624.52% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for SNAP set by the institutional analysts is $78.66 where High Estimate is $105.00, Median $80.3964 and Low $42.42.

    The average price target for SNAP by Institutional Analysts is $78.66, which is 24.52% Upside from the current price. So according to the Institutional Analysts, SNAP Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Snap Inc (SNAP) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with SNAP stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about SNAP and holding their positions hoping for a further rise in the stock price and more profit.

    Snap Inc (SNAP) Stock Forecast Based on News Sentiment


    Bullish
    Based on 8 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about SNAP, it shows that Snap Inc had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that SNAP stock price may surge in the next few weeks.

    Snap Inc (SNAP) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyOverweightMaintained
    KeybancOverweightMaintained
    Cowen & Co.OutperformMaintained
    WedbushOutperformUpgraded
    Atlantic EquitiesOverweightUpgraded
    Wolfe ResearchOutperformInitiated
    Morgan StanleyOverweightMaintained
    B of A SecuritiesNeutralDowngraded
    UBSBuyMaintained
    Truist SecuritiesBuyMaintained
    RosenblattBuyMaintained
    Piper SandlerOverweightMaintained
    Morgan StanleyOverweightMaintained
    KeyBancOverweightMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    Morgan StanleyOverweightUpgraded
    Argus ResearchBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Truist SecuritiesBuyMaintained
    StifelBuyMaintained
    RosenblattBuyMaintained
    OppenheimerOutperformMaintained
    KeyBancOverweightMaintained
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.OutperformMaintained
    Canaccord GenuityHoldMaintained
    Credit SuisseOutperformMaintained
    Wells FargoOverweightMaintained
    Piper SandlerOverweightInitiated
    KeyBancOverweightMaintained
    MoffettNathansonBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Goldman SachsBuyMaintained
    B of A SecuritiesBuyMaintained
    Deutsche BankBuyMaintained
    Truist SecuritiesBuyUpgraded
    RosenblattBuyMaintained
    Pivotal ResearchBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    JefferiesBuyMaintained
    KeyBancOverweightMaintained
    Credit SuisseOutperformMaintained
    StifelBuyMaintained
    Deutsche BankBuyMaintained
    GuggenheimBuyUpgraded
    KeyBancOverweightInitiated
    CitigroupSellMaintained
    GuggenheimNeutralDowngraded
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    Credit SuisseOutperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightMaintained
    JP MorganOverweightMaintained
    Deutsche BankBuyMaintained
    CitigroupSellDowngraded
    RosenblattBuyReiterated
    Morgan StanleyEqual-WeightMaintained
    WedbushNeutralMaintained
    UBSBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    RBC CapitalOutperformReiterated
    OppenheimerOutperformUpgraded
    MKM PartnersBuyMaintained
    JP MorganOverweightReiterated
    JMP SecuritiesMarket OutperformMaintained
    JefferiesBuyMaintained
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    Credit SuisseOutperformMaintained
    B of A SecuritiesBuyReiterated
    MKM PartnersBuyMaintained
    Goldman SachsBuyMaintained
    SunTrust Robinson HumphreyHoldMaintained
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Wells FargoOverweightUpgraded
    JP MorganOverweightMaintained
    Deutsche BankBuyUpgraded
    Argus ResearchBuyUpgraded
    MKM PartnersBuyUpgraded
    RosenblattBuyReiterated
    MKM PartnersNeutralReiterated
    Atlantic EquitiesNeutralUpgraded
    Credit SuisseOutperformMaintained
    Stifel NicolausBuyMaintained
    B of A SecuritiesBuyReiterated
    Morgan StanleyEqual-WeightMaintained
    UBSBuyUpgraded
    BernsteinOutperformInitiated
    JefferiesBuyUpgraded
    Cowen & Co.OutperformUpgraded
    JMP SecuritiesMarket OutperformUpgraded
    Loop CapitalBuyUpgraded
    WedbushNeutralMaintained
    NomuraNeutralMaintained
    NeedhamHoldUpgraded
    JP MorganOverweightUpgraded
    Credit SuisseOutperformMaintained
    BarclaysOverweightMaintained
    LightShed PartnersBuyInitiated
    Credit SuisseOutperformMaintained
    MKM PartnersNeutralInitiated
    Bank of AmericaBuyUpgraded
    AreteBuyUpgraded
    Morgan StanleyEqual-WeightUpgraded
    MoffettNathansonNeutralMaintained
    GuggenheimBuyUpgraded
    SusquehannaNeutralUpgraded
    Evercore ISI GroupOutperformUpgraded
    WedbushNeutralMaintained
    UBSNeutralUpgraded
    SunTrust Robinson HumphreyHoldMaintained
    Summit Insights GroupBuyUpgraded
    StifelBuyMaintained
    RosenblattBuyMaintained
    NomuraNeutralMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    Stifel NicolausBuyUpgraded
    RosenblattBuyInitiated
    Morgan StanleyUnderweightMaintained
    Goldman SachsBuyUpgraded
    Bank of AmericaNeutralReiterated
    BTIGBuyMaintained
    Aegis CapitalBuyUpgraded
    Pivotal ResearchHoldInitiated
    China RenaissanceHoldInitiated
    UBSSellMaintained
    Stifel NicolausHoldMaintained
    NomuraNeutralMaintained
    Morgan StanleyUnderweightMaintained
    JP MorganNeutralUpgraded
    Evercore ISI GroupIn-LineUpgraded
    Canaccord GenuityHoldMaintained
    BarclaysOverweightMaintained
    WedbushNeutralDowngraded
    Vertical GroupNegativeDowngraded
    Morgan StanleyUnderweightMaintained
    RBC CapitalOutperformUpgraded
    Summit Insights GroupHoldUpgraded
    Bank of AmericaNeutralMaintained
    BTIG ResearchBuyUpgraded
    Raymond JamesMarket PerformUpgraded
    Credit SuisseOutperformMaintained
    RBC CapitalSector PerformDowngraded
    CitigroupNeutralUpgraded
    Cowen & Co.Market PerformUpgraded
    Pivotal ResearchHoldDowngraded
    Goldman SachsNeutralDowngraded
    GuggenheimNeutralInitiated
    JP MorganUnderweightDowngraded
    JefferiesHoldMaintained
    Canaccord GenuityHoldMaintained
    Pivotal ResearchBuyUpgraded
    CitigroupSellMaintained
    Pivotal ResearchHoldUpgraded
    BTIG ResearchSellDowngraded
    WedbushOutperformUpgraded
    Stifel NicolausHoldMaintained
    Credit SuisseOutperformMaintained
    Cowen & Co.UnderperformMaintained
    NomuraNeutralInitiated
    Moffett NathansonNeutralUpgraded
    Summit Insights GroupSellDowngraded
    OppenheimerPerformDowngraded
    Morgan StanleyUnderweightMaintained
    Evercore ISI GroupUnderperformDowngraded
    Credit SuisseOutperformMaintained
    Morgan StanleyUnderweightMaintained
    CitigroupSellMaintained
    CitigroupSellDowngraded
    SusquehannaNegativeDowngraded
    SunTrust Robinson HumphreyHoldUpgraded
    Stifel NicolausHoldMaintained
    RBC CapitalOutperformUpgraded
    Morgan StanleyUnderweightMaintained
    JP MorganNeutralUpgraded
    Bank of AmericaBuyUpgraded
    Raymond JamesUnderperformDowngraded
    JefferiesHoldDowngraded
    Cowen & Co.UnderperformDowngraded
    Evercore ISI GroupUnderperformInitiated
    BarclaysOverweightUpgraded
    JMP SecuritiesMarket PerformDowngraded
    Morgan StanleyUnderweightDowngraded
    UBSSellDowngraded
    Stifel NicolausHoldDowngraded
    RBC CapitalSector PerformDowngraded
    OppenheimerOutperformMaintained
    JP MorganUnderweightDowngraded
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralMaintained
    Credit SuisseOutperformMaintained
    Deutsche BankHoldDowngraded
    WedbushNeutralInitiated
    SunTrust Robinson HumphreySellInitiated
    Cantor FitzgeraldOverweightUpgraded
    CitigroupNeutralMaintained
    Canaccord GenuityHoldMaintained
    BarclaysEqual-WeightMaintained
    OTR GlobalMixedDowngraded
    Cowen & Co.Market PerformDowngraded
    Stifel NicolausBuyUpgraded
    Morgan StanleyEqual-WeightDowngraded
    CitigroupNeutralDowngraded
    OppenheimerOutperformUpgraded
    JP MorganNeutralMaintained
    CitigroupBuyMaintained
    Cantor FitzgeraldNeutralUpgraded
    Cleveland ResearchBuyInitiated
    Canaccord GenuityHoldInitiated
    Raymond JamesMarket PerformInitiated
    BTIG ResearchNeutralInitiated
    ArgusHoldInitiated
    Wells FargoMarket PerformInitiated
    Loop CapitalHoldInitiated
    BarclaysEqual-WeightInitiated
    William BlairOutperformInitiated
    Summit Redstone PartnersSellInitiated
    Stifel NicolausHoldInitiated
    RBC CapitalOutperformInitiated
    Morgan StanleyOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    JefferiesBuyInitiated
    Goldman SachsBuyInitiated
    Credit SuisseOutperformInitiated
    Cowen & Co.OutperformInitiated
    CitigroupBuyInitiated
    Bank of AmericaNeutralInitiated
    Drexel HamiltonBuyInitiated
    Monness Crespi HardtBuyInitiated
    MizuhoNeutralInitiated
    Moffett NathansonSellInitiated
    Cantor FitzgeraldUnderweightInitiated
    FBN SecuritiesSector PerformInitiated
    NeedhamUnderperformInitiated
    SusquehannaNeutralInitiated

    Snap Inc (SNAP) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.064
    The average consensus EPS for SNAP is $0.064 with a high estimate of $0.147 and Low of $-0.004 for the period 2021-09-30 and based on 37 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0$-0.05891522021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$2021-06-30
    $0$-0.05891522021-03-31
    $0.09$0.071512200000000012020-12-31
    $0.01$-0.0509591999999999962020-09-30
    $-0.09$-0.09277922020-06-30
    $-0.08$-0.0763982020-03-31
    $0.03$0.00737462019-12-31
    $-0.04$-0.05430482019-09-30
    $-0.06$-0.1015412019-06-30
    $-0.1$-0.11999282019-03-31
    $-0.04$-0.075867600000000012018-12-31
    $-0.12$-0.14186162018-09-30
    $-0.14$-0.17363462018-06-30
    $-0.17$-0.17063582018-03-31
    $-0.13$-0.1625372017-12-31
    $-0.14$-0.15428522017-09-30
    $-0.16$-0.147410400000000022017-06-30
    $-0.2$-0.1915052017-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).