Snap Inc [SNAP] stock prices are down -1.29% to $10.73 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SNAP shares have gain 0.94% over the last week, with a monthly amount drifted -11.69%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Snap Inc [NYSE: SNAP] stock has seen the most recent analyst activity on February 11, 2025, when Guggenheim downgraded its rating to a Neutral. Previously, Barclays reaffirmed its Overweight rating on February 05, 2025. On February 05, 2025, downgrade downgraded it’s rating to Equal Weight and revised its price target to $11 on the stock. JMP Securities upgraded its rating to a Mkt Outperform but stick to its price target of $17 on October 23, 2024. B. Riley Securities initiated its recommendation with a Neutral and recommended $11 as its price target on September 20, 2024. Cantor Fitzgerald started tracking with a Neutral rating for this stock on September 05, 2024, and assigned it a price target of $8. In a note dated August 02, 2024, HSBC Securities downgraded an Hold rating on this stock.
The stock price of Snap Inc [SNAP] has been fluctuating between $8.29 and $17.33 over the past year. Currently, Wall Street analysts expect the stock to reach $13.21 within the next 12 months. Snap Inc [NYSE: SNAP] shares were valued at $10.73 at the most recent close of the market. An investor can expect a potential return of 23.11% based on the average SNAP price forecast.
Analyzing the SNAP fundamentals
The Snap Inc [NYSE:SNAP] reported sales of 5.36B for trailing twelve months, representing a surge of 14.40%. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.32 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.73.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.63 points at the first support level, and at 10.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.88, and for the 2nd resistance point, it is at 11.02.
Ratios To Look Out For
It’s worth pointing out that Snap Inc [NYSE:SNAP]’s Current Ratio is 3.95. As well, the Quick Ratio is 3.95, while the Cash Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 3.39, the price to book ratio is 7.40.
Transactions by insiders
Recent insider trading involved Spiegel Evan, Chief Executive Officer, that happened on Feb 06 ’25 when 0.15 million shares were sold. Officer, Spiegel Evan completed a deal on Feb 06 ’25 to buy 0.15 million shares. Meanwhile, General Counsel O’Sullivan Michael J. sold 18000.0 shares on Jan 31 ’25.
