Snap Option Alert: Jan, 2027 $15 Calls at the Bid: 3000 vs 1642 OI

Snap Option Alert: Jan, 2027 $15 Calls at the Bid: 3000 @ $2.81 vs 1642 OI; Ref=$11.0701

Snap Option Alert: Jan, 2027 $15 Puts at the Bid: 3000 vs 157 OI

Snap Option Alert: Jan, 2027 $15 Puts at the Bid: 3000 @ $5.8 vs 157 OI; Ref=$11.075

Snap (NYSE:SNAP) 株価情報

Snap

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.

News

Price Target

Pre-Market Outlook

Markets

Trading Ideas

LSCC

SNAP

米国株は火曜日、３大株価指数全てが大幅な下落を記録し、ダウ平均株価指数はセッション中に550ポイント以上下がった。４月に入り、５か月連続の上昇を記録していた株価指数が下落し、損失を記録している。ダウは5％下落し、2022年9月以来の最大の月次パフォーマンスを記録、S&amp;P 500も先月約4.2％下落した。

Lattice Semiconductorには24%以上の上昇余地がある｜アナリストが見解

Snap Inc

SNAP ONE HLDGS CORP COM

Snap-on Inc

Snap Inc.'s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) My AI, which faced significant backlash upon its launch, has now experienced a surge in daily active users, growing 55% year-over-year in the U.S.
What Happened: On Tuesday, during<a href="https://www.benzinga.com/general/social-media/25/04/45084721/snap-hits-900-million-users-beats-q1-estimates-but-stock-slides-on-uncertainty"> Snap's first-quarter 2025 earnings</a> call, CEO Evan Spiegel highlighted how the feature's improvements, such as enhanced multimodal capabilities, have fueled its growing popularity.
&#8220;These improvements in My AI responsiveness resulted in an increase of more than 55% year-over-year in the number of My AI daily active users in the U.S,&#8221; he said.
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44831264/microsoft-debuts-computer-use-tool-for-copilot-studio-ceo-satya-nadella-says-anyone-can-build-agents-that-take-action-on-the-ui-across-desktop-and-web-apps" target="_blank" rel="noreferrer noopener">Satya Nadella Says Microsoft&#8217;s New Tool Allows Anyone To Create AI Agents That Click, Type, And Navigate On Your Computer For You</a>
When asked where Snapchat's My AI is headed, the CEO said Snap wants to stand out by focusing on visual communication.
In the long term, Snap is heavily investing in the integration of AI with augmented reality, he said. &#8220;We&#8217;ll have more announcements around that later this year because we really do believe that augmented reality is the ideal interface for AI.&#8221;
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: Snapchat&#8217;s My AI, powered by OpenAI's GPT models, was initially met with criticism, particularly due to its unavoidable presence at the top of chats for paying users.
Some parents also expressed concerns about the difficulty of teaching kids to differentiate between human interactions and AI, especially since the chatbot appears so lifelike, <a href="https://edition.cnn.com/2023/04/27/tech/snapchat-my-ai-concerns-wellness/index.html">reported</a> CNN.
Snap reported first-quarter revenue of $1.36 billion, marking a 14% increase year-over-year and surpassing Wall Street expectations, which had pegged revenue at $1.35 billion.
The company also saw strong user growth, reaching 460 million daily active users by the end of the first quarter, up 9% from the same period last year. It also crossed a key milestone with over 900 million monthly active users, bringing the platform closer to its long-term target of one billion MAUs.
Price Action: Snap shares have fallen 19.13% year-to-date in 2025 and are down 39.6% over the past 12 months. While the stock rose 2.94% during Tuesday's regular trading session, it plunged 14.41% in after-hours trading, dropping to $7.78, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
In Benzinga Edge's Stock Rankings, Snap holds a growth score of 41.30% and a momentum score of 18.48%. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares with competitors</a>.
Photo Courtesy: dennizn on Shutterstock.com
Check out more of Benzinga&#8217;s Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/personal-finance/24/07/39842841/charlie-munger-said-getting-rich-is-harder-than-ever-but-heres-the-beauty-of-it-you-only-have-to" target="_blank" rel="noreferrer noopener">Charlie Munger Said Getting Rich Is Harder Than Ever, But Here's ‘The Beauty Of It' — You Only Have To Do It Once</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with&nbsp;the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was&nbsp;reviewed and published by Benzinga editors.

Tech

Snapchat's My AI, Once Controversial, Sees 55% Year-Over-Year Growth In Daily Active Users: CEO Evan Spiegel Says, 'Augmented Reality Is The Ideal Interface'

On Tuesday, major U.S. indexes closed higher, with the Dow Jones Industrial Average climbing 0.75% to 40,527.62, the S&amp;P 500 rising 0.6% to 5,560.83, and the Nasdaq adding 0.55% to finish at 17,461.32.
These are the top stocks that gained the attention of retail traders and investors throughout the day.
Super Micro Computer Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)
Super Micro Computer&#8217;s stock declined by 3.41%, closing at $36. The stock reached an intraday high of $37.29 and a low of $35.94. Its 52-week high and low are $101.40 and $17.25, respectively. The company reported weak preliminary third-quarter results, attributing the decline to <a href="https://www.benzinga.com/news/earnings/25/04/45086254/super-micro-computer-stock-is-tanking-after-hours-whats-fueling-the-sell-off">delayed customer platform decisions</a> that shifted sales to the fourth quarter. The company expects third-quarter revenue of $5.4 billion to $4.6 billion, which is lower than the previous guidance of $5 billion to $6 billion.
Starbucks Corp.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>)
Starbucks shares rose by 1.13%, closing at $84.85. The stock&#8217;s intraday high was $85.07, with a low of $83.20. Its 52-week high and low are $117.46 and $71.55, respectively. Despite missing second-quarter earnings estimates, the CEO expressed optimism, stating, &#8220;<a href="https://www.benzinga.com/news/earnings/25/04/45084597/starbucks-misses-q2-earnings-estimates-ceo-says-optimism-has-turned-into-confidence-i-see-more-opportunity-than-i-imagined">I see more opportunity than I imagined</a>.&#8221; Second-quarter revenue came in at $8.76 billion, missing the analyst estimates of $8.56 billion. In the after-hours trading, Starbucks shares declined by 6.5% to $79.33.
Snap Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>)
Snap&#8217;s stock increased by 2.94%, closing at $9.09. The stock hit an intraday high of $9.23 and a low of $8.82. Its 52-week high and low are $17.33 and $7.08, respectively. The company reported first-quarter results, surpassing estimates, but the stock slid due to <a href="https://www.benzinga.com/general/social-media/25/04/45084721/snap-hits-900-million-users-beats-q1-estimates-but-stock-slides-on-uncertainty">uncertainty</a> despite reaching 900 million users. In the after-hours trading, shares fell sharply by over 14.4% to $7.78. Revenue for the first quarter was reported at $1.36 billion, beating the Street consensus of $1.35 billion.
Visa Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>)
Visa&#8217;s stock rose by 1.19%, closing at $341.52. The stock&#8217;s intraday high was $342.27, with a low of $336.46. Its 52-week high and low are $366.54 and $252.70, respectively. The company&#8217;s second-quarter earnings exceeded expectations, reporting <a href="https://www.benzinga.com/news/earnings/25/04/45083885/visa-shares-move-higher-after-better-than-expected-q2-results-details">earnings of $2.76 per share</a>, which beat the consensus estimate of $2.68.
Tesla Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock climbed by 2.15%, closing at $292.03. The stock reached an intraday high of $293.32 and a low of $279.47. Its 52-week high and low are $488.54 and $157.40, respectively. Despite a challenging year for shareholders, short sellers have <a href="https://www.benzinga.com/news/25/04/45084978/teslas-slump-has-been-a-goldmine-for-short-sellers-this-year-theyve-made-11-5-billion-beating-out-nvidias-9-4-billion">profited significantly</a> from Tesla&#8217;s slump, earning $11.5 billion.
Visa or MasterCard. Get <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">the full picture</a> on both stocks with Benzinga Edge Stock Rankings.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="443" height="281" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03.png" alt="" class="wp-image-893988" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03.png 443w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29234725/Screenshot-2025-04-30-at-12.47.03-300x190.png 300w" sizes="(max-width: 443px) 100vw, 443px" /></a></figure>
Photo Courtesy: smshoot on Shutterstock.com
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/45089384/cathie-wood-bets-against-mark-zuckerbergs-meta-ahead-of-crucial-earnings-report-loads-up-on-this-amazon-rival">Cathie Wood Bets Against Mark Zuckerberg&#8217;s Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

Equities

SBUX

SMCI

TSLA

Super Micro Computer, Starbucks, Snap, Visa, Tesla: Why These 5 Stocks Are On Investors' Radars Today

Tech company and Snapchat parent Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) reported first-quarter financial results after<a href="https://www.benzinga.com/earnings"> market close Tuesday.</a>
Here are the key highlights.
What Happened: Snap reported first-quarter revenue of $1.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $1.35 billion according to data<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0429"> from Benzinga Pro.</a>
The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of a loss of 13 cents per share.
Snap had 460 million daily active users at the end of the first quarter, up 9% year-over-year. The company also passed the milestone figure of 900 million monthly active users, on its way to a goal of one billion MAU. &nbsp;
The company's adjusted EBITDA was $108 million in the quarter, an improvement of 137% year-over-year.
"We surpassed an important milestone in Q1, with our community growing to over 900 million monthly active users," Snap CEO Evan Spiegel said.
Spiegel said progress was made in advertising solutions and Snapchat+ subscriptions in the quarter.
Active advertisers in the quarter were up 60% year-over-year.
Read Also: <a href="https://www.benzinga.com/25/04/44832468/snapchat-rejection-resurfaces-as-mark-zuckerberg-defends-meta-in-ftc-trial-and-the-tech-mogul-still-thinks-he-couldve-done-it-better-we-would-have-accelerated-their-growth">Mark Zuckerberg Defends Meta In FTC Trial Over $6 Billion Offer To Acquire Snapchat: &#8216;We Would Have Accelerated Their Growth&#8217;</a>
 What's Next: Snap is not providing formal guidance for the second quarter.
"Given the uncertainty with respect to how macro economic conditions may evolve in the months ahead, and how this may impact advertising demand more broadly, we do not intend to share formal financial guidance for Q2," the company said.
Snap said its revenue has continued to grow, but there are headwinds at the start of the second quarter.
The company is guiding for daily active users to be 468 million in the second quarter.
"While there is uncertainty regarding the macro operating environment, we remain optimistic about the long term prospects for our business."
The company said it is optimistic about the progress it made with its ad platform, the growth of Snapchat+, and because of its strong balance sheet.
"We will remain focused on executing against our strategic priorities of growing our community and improving depth of engagement, driving top line revenue growth and diversifying our revenue sources, and building toward our long term vision for augmented reality (AR)."
SNAP Price Action: Snap stock is down 12% to $8.00 in after-hours trading versus a 52-week trading range of $7.08 to $17.33. Snap shares were up 2.9% to $9.09 in the intraday trading session.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/social-media/25/03/44527218/snap-ceo-says-a-perfect-snapchat-employee-has-these-3-qualities">Snap CEO Says A &#8216;Perfect&#8217; Snapchat Employee Has These 3 Qualities</a></li>
</ul>
Photo: Shutterstock

Earnings

Social Media

Movers

Snap Hits 900 Million Users, Beats Q1 Estimates, But Stock Slides On 'Uncertainty'

Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) reported quarterly losses of $(0.08) per share which beat the analyst consensus estimate of $(0.13) by 38.46 percent. This is a 57.89 percent increase over losses of $(0.19) per share from the same period last year. The company reported quarterly sales of $1.36 billion which beat the analyst consensus estimate of $1.35 billion by 1.29 percent. This is a 14.06 percent increase over sales of $1.20 billion the same period last year.

Earnings Beats

Snap Q1 EPS $(0.08) Beats $(0.13) Estimate, Sales $1.36B Beat $1.35B Estimate

WIIM

Snap shares are trading lower. The company reported Q1 financial results and announced it will not provide Q2 guidance.

Guidance

Snap Announces It Doesn't Intend to Share Formal Financial Guidance for 2Q, Cites Uncertainty Of Macro Economic Conditions

Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) will release earnings results for the first quarter, after the closing <a href="https://www.benzinga.com/quote/snap/earnings">bell on Tuesday, April 29</a>.
Analysts expect the Santa Monica, California-based company to report quarterly earnings at 4 cents per share, up from 3 cents per share in the year-ago period. Snap projects to report quarterly revenue at $1.35 billion, compared to $1.19 billion a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On Feb. 4, Snap reported quarterly earnings of 16 cents per share, which beat the analyst consensus estimate of 14 cents. Quarterly revenue came in at $1.55 billion, which beat the analyst consensus estimate of $1.54 billion and is an increase over revenue of $1.36 billion from the same period last year.
Snap shares rose 3.4% to close at $8.83 on Monday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/WBA/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Stifel analyst Mark Kelley maintained a Hold rating and cut the price target from $11 to $8 on April 23, 2025. This analyst has an accuracy rate of 83%.</li>
<li>Morgan Stanley analyst Brian Nowak maintained an Equal-Weight rating and slashed the price target from $10 to $8 on April 17, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Canaccord Genuity analyst Maria Ripps maintained a Hold rating and slashed the price target from $13 to $10 on April 17, 2025. This analyst has an accuracy rate of 70%.</li>
<li>Citigroup analyst Ronald Josey maintained a Neutral rating and cut the price target from $13.5 to $9 on April 14, 2025. This analyst has an accuracy rate of 70%.</li>
<li>Goldman Sachs analyst Eric Sheridan maintained a Neutral rating and cut the price target from $13.5 to $9.5 on April 14, 2025. This analyst has an accuracy rate of 78%.</li>
</ul>
Considering buying SNAP stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="584" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29033106/image-204-1024x584.png" alt="" class="wp-image-892210" style="width:551px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29033106/image-204-1024x584.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29033106/image-204-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29033106/image-204-768x438.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/29033106/image-204.png 1101w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/45038052/top-2-industrials-stocks-that-may-fall-off-a-cliff-this-quarter">Top 2 Industrials Stocks That May Fall Off A Cliff This Quarter</a></li>
</ul>
Photo via Shutterstock

Analyst Ratings

Snap Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) is in the spotlight ahead earnings Tuesday. Here&#8217;s what you <a href="https://www.benzinga.com//node/45046664">need to know.</a>
What To Know: Analysts&#8217; estimate first-quarter earnings of 3 cents per share and revenue of $1.35 billion, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
The company previously guided for revenue between $1.23 billion and $1.36 billion and adjusted EBITDA between $40 million and $75 million for the first-quarter.
Snap also expects infrastructure costs per daily active user to be between 82 cents and 87 cents. Content, developer, advertising partner and other costs are expected to represent 19% to 20% of revenue.
In its last letter to shareholders, the company said, &#8220;As we look ahead to 2025, we see additional opportunities to invest productively in scaling our business given the foundational improvements we have made to our ad platform and the momentum we have established in our go to market initiatives, particularly the SMB segment. Our investment plans for 2025 reflect this optimism, alongside a strong commitment to make further financial progress towards profitability as we scale.&#8221;
See Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/04/45067585/amazon-stock-tumbles-as-white-house-calls-tariff-visibility-plans-a-hostile-act">Amazon Stock Tumbles As White House Calls Tariff Visibility Plans A &#8216;Hostile&#8217; Act</a>
SNAP Price Action: At the time of writing, Snap stock is trading 1.0.8% higher at $8.92, per data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Image: via Shutterstock

What's Going On With Snap Stock Tuesday?

ACGL

AEYE

AMSF

APAM

ARCB

ARCC

ASTE

ASTL

ATRC

BBIO

BBVA

BGFV

BKNG

BRSP

CECO

CHCT

CLVT

CSGP

CVLT

DHIL

ENSG

ENVA

ESRT

ETWO

EXLS

FELE

FFIC

FIBK

FICO

FOUR

FRSH

FRST

FSLR

FYBR

HLMN

HOUS

HRZN

HSBC

HURN

ILPT

INCY

INTZ

JAKK

JBGS

JBLU

KNSA

LFUS

LGIH

Laboratory Corporation Of America Holdings

LOGI

LXFR

Earnings Scheduled For April 29, 2025

High-rolling investors have positioned themselves bullish on Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in SNAP often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Snap. This is not a typical pattern.
The sentiment among these major traders is split, with 66% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $29,160, and 8 calls, totaling $469,700.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.0 to $11.0 for Snap during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Snap's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Snap's substantial trades, within a strike price spectrum from $5.0 to $11.0 over the preceding 30 days.
<h3>Snap 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745863249_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.9</td>
<td>$4.8</td>
<td>$4.9</td>
<td>$5.00</td>
<td>$98.0K</td>
<td>1.6K</td>
<td>0</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$1.69</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$7.50</td>
<td>$82.5K</td>
<td>1.5K</td>
<td>620</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$4.95</td>
<td>$4.7</td>
<td>$4.95</td>
<td>$5.00</td>
<td>$74.2K</td>
<td>1.6K</td>
<td>351</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.66</td>
<td>$1.61</td>
<td>$1.66</td>
<td>$10.00</td>
<td>$66.4K</td>
<td>10.0K</td>
<td>422</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/02/25</td>
<td>$0.74</td>
<td>$0.73</td>
<td>$0.73</td>
<td>$9.00</td>
<td>$54.7K</td>
<td>9.3K</td>
<td>3.6K</td>
</tr>
</tbody>
</table>

<h3>About Snap</h3>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
<h3>Present Market Standing of Snap</h3>
<ul>
<li>With a volume of 27,791,618, the price of SNAP is up 3.34% at $8.82. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 1 days.</li>
</ul>
<h3>Professional Analyst Ratings for Snap</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $9.3.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Snap, which currently sits at a price target of $9. 
&#x2A; An analyst from Goldman Sachs has decided to maintain their Neutral rating on Snap, which currently sits at a price target of $9. 
&#x2A; An analyst from Morgan Stanley persists with their Equal-Weight rating on Snap, maintaining a target price of $8. 
&#x2A; Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Snap, targeting a price of $10. 
&#x2A; An analyst from Canaccord Genuity has decided to maintain their Hold rating on Snap, which currently sits at a price target of $10. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Snap options trades with real-time alerts from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.

Options

Snap Unusual Options Activity

Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) is gearing up to announce its quarterly earnings on Tuesday, 2025-04-29. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Snap will report an earnings per share (EPS) of $0.04.
Snap bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings Track Record</h3>
The company's EPS beat by $0.02 in the last quarter, leading to a 8.36% drop in the share price on the following day.
Here's a look at Snap's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.14</td>
<td>0.05</td>
<td>0.02</td>
<td>-0.05</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.16</td>
<td>0.08</td>
<td>0.02</td>
<td>0.03</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-8.0%</td>
<td>16.0%</td>
<td>-27.0%</td>
<td>28.000000000000004%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745859658_0.png" alt="eps graph" />
<h3>Performance of Snap Shares</h3>
Shares of Snap were trading at $8.54 as of April 25. Over the last 52-week period, shares are down 41.4%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Insights Shared by Analysts on Snap</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Snap.
The consensus rating for Snap is Neutral, based on 17 analyst ratings. With an average one-year price target of $10.76, there's a potential 26.0% upside.
<h3>Analyzing Ratings Among Peers</h3>
In this analysis, we delve into the analyst ratings and average 1-year price targets of Pinterest, Reddit and ZoomInfo Technologies, three key industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Pinterest, with an average 1-year price target of $42.18, suggesting a potential 393.91% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Reddit, with an average 1-year price target of $177.19, suggesting a potential 1974.82% upside.</li>
<li>Analysts currently favor an Neutral trajectory for ZoomInfo Technologies, with an average 1-year price target of $11.0, suggesting a potential 28.81% upside.</li>
</ul>
<h3>Peer Analysis Summary</h3>
The peer analysis summary provides a snapshot of key metrics for Pinterest, Reddit and ZoomInfo Technologies, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Snap</td>
<td>Neutral</td>
<td>14.40%</td>
<td>$885.62M</td>
<td>0.39%</td>
</tr>
<tr>
<td>Pinterest</td>
<td>Buy</td>
<td>17.62%</td>
<td>$957.17M</td>
<td>48.33%</td>
</tr>
<tr>
<td>Reddit</td>
<td>Outperform</td>
<td>71.25%</td>
<td>$395.86M</td>
<td>3.46%</td>
</tr>
<tr>
<td>ZoomInfo Technologies</td>
<td>Neutral</td>
<td>-2.31%</td>
<td>$255.90M</td>
<td>0.87%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Snap is positioned in the middle among its peers for revenue growth, with one peer showing the highest growth rate. Snap ranks at the bottom for gross profit, with one peer having the highest gross profit. In terms of return on equity, Snap is at the bottom, with one peer having the highest return. Overall, Snap's performance is relatively moderate compared to its peers in these key metrics.
<h3>Unveiling the Story Behind Snap</h3>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
<h3>Snap's Economic Impact: An Analysis</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Snap's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2024, the company achieved a revenue growth rate of approximately 14.4%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Snap's net margin is impressive, surpassing industry averages. With a net margin of 0.58%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Snap's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 0.39%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.12%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a high debt-to-equity ratio of 1.73, Snap faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/SNAP/earnings">To track all earnings releases for Snap visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preview: Snap's Earnings

Stifel analyst Mark Kelley maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Hold and lowers the price target from $11 to $8.

Stifel Maintains Hold on Snap, Lowers Price Target to $8

Snap's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) short percent of float has risen 22.24% since its last report. The company recently reported that it has 74.94 million shares sold short, which is 8.41% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.61 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Snap Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745344821_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Snap has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Snap's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Snap's peer group average for short interest as a percentage of float is 6.86%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

What Does the Market Think About Snap?

Morgan Stanley analyst Brian Nowak maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Equal-Weight and lowers the price target from $10 to $8.

Morgan Stanley Maintains Equal-Weight on Snap, Lowers Price Target to $8

On Wednesday, in the <a href="https://www.benzinga.com/tech/25/04/44780047/mark-zuckerbergs-empire-in-jeopardy-as-meta-faces-antitrust-battle-in-court">ongoing antitrust trial</a> against Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), former COO Sheryl Sandberg testified about the company's efforts to block advertisements from potential competitors like Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Plus, KakaoTalk, and LINE.
What Happened: During the trial, Sandberg addressed internal communications from 2011 and 2012 that the Federal Trade Commission (FTC) claims show Meta's efforts to block competitors from advertising on its platform, <a href="https://www.washingtonpost.com/technology/2025/04/16/meta-sheryl-sandberg-ftc/">reported</a> the Washington Post.
The FTC's lawyer, Susan Musser, questioned Sandberg about an email she sent to staff after Google launched Google Plus, in which she acknowledged that the new platform was Meta&#8217;s &#8220;real competition.&#8221;
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44778760/netflix-debuts-openai-backed-search-engine-that-lets-you-discover-movies-and-tv-shows-based-on-emotions-not-just-titles" target="_blank" rel="noreferrer noopener">Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just Titles</a>
Sandberg explained that her comments were intended to "rally the troops" in response to a much larger tech company launching a product strikingly similar to Facebook.
When questioned by Meta's lawyers, she added that she believed Meta faced other competitors both then and now, naming platforms like YouTube, Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), and eventually TikTok.
Earlier in the day, Zuckerberg <a href="https://www.benzinga.com/25/04/44807557/mark-zuckerberg-proposed-wiping-all-friends-connections-and-make-users-start-again-to-keep-facebook-culturally-relevant-antitrust-trial-reveals">returned to the witness stand</a> for the third time in as many days. He admitted that Meta's short-form video feature, Reels, is "pretty good," but quickly pointed out that TikTok still outpaces both Facebook and Instagram combined.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It&#8217;s Important: The trial also revealed confidential conversations between Sandberg and Zuckerberg during their deliberations over the <a href="https://www.benzinga.com/markets/equities/24/04/38163559/if-you-invested-1000-in-meta-platforms-when-mark-zuckerberg-acquired-instagram-for-1b-in-2012-he">$1 billion purchase of Instagram</a>.
In a text message from spring 2012, Zuckerberg asked Sandberg if she believed the price was excessive, to which she replied, &#8220;Yes.&#8221;
When questioned by a Meta attorney about whether she still held that view, Sandberg said, "I think I was wrong. I think I was very wrong."
The FTC&#8217;s case against Meta is rooted in <a href="https://www.benzinga.com/25/04/44821791/meta-platforms-used-buy-or-bury-strategy-to-monopolize-social-media-ftc-says">allegations of a &#8220;buy or bury&#8221; strategy</a>.&nbsp;
The trial also revisited Meta&#8217;s past acquisition attempts, such as the $6 billion offer to acquire Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), <a href="https://www.benzinga.com/25/04/44832468/snapchat-rejection-resurfaces-as-mark-zuckerberg-defends-meta-in-ftc-trial-and-the-tech-mogul-still-thinks-he-couldve-done-it-better-we-would-have-accelerated-their-growth">which Zuckerberg defended</a>.
Price Action: On Wednesday, Meta shares dropped 3.68%, ending the trading day at $502.31, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
The company currently holds a momentum score of 55.37% and a growth score of 74.89%, based on <a href="https://www.benzinga.com/quote/META">Benzinga's exclusive Edge Rankings</a>.
<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how Meta stacks up against</a> Snapchat, Alphabet, and other leading tech firms.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/quote/META"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17012650/Screenshot-2025-04-17-at-10.56.44%E2%80%AFAM.png" alt="" class="wp-image-875668" /></a></figure>
Read More:
<ul>
<li><a href="https://benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-f" target="_blank" rel="noreferrer noopener">‘Most People Don't Have The Balls To Do It,' Says Mark Cuban, Praising Musk For Going ‘All In' With His Own Money For His Startups</a></li>
</ul>
Photo Courtesy: Markus Wissmann on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Legal

Media

GOOG

GOOGL

PINS

Sheryl Sandberg Testimony In Meta Antitrust Trial Touches On Efforts To Stifle Ads From Google Plus, KakaoTalk — Mark Zuckerberg Says TikTok Bigger Than Facebook, Instagram Combined

More than a decade after Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) turned down a multibillion-dollar buyout from Facebook, the failed deal is back in the spotlight as Mark Zuckerberg testifies in Meta Platforms Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) <a href="https://www.benzinga.com/25/04/44805013/mark-zuckerberg-takes-the-stand-as-landmark-antitrust-trial-threatens-to-break-up-metas-137-trillion-empire-trial-will-show-what-every-17-year-old-in-the-world-knows-says-spokesperson">high-stakes antitrust trial</a>.
What Happened: On Tuesday, during his second day on the witness stand, Zuckerberg addressed a 2013 email in which he offered $6 billion to acquire Snapchat—double the <a href="https://www.benzinga.com/news/13/11/4077625/facebooks-3-billion-offer-rejected-by-snapchat">$3 billion previously reported</a>, according to <a href="https://www.businessinsider.com/mark-zuckerberg-meta-antitrust-trial-snapchat-buyout-bid-2025-4">a</a> report by Business Insider.
"I delivered the offer to Evan and he seemed to take it well," Zuckerberg wrote in the email, referencing Snap CEO Evan Spiegel. "He told me he thought he could get it done and that he'd call me back quickly."
The <a href="https://www.benzinga.com/markets/25/02/43557821/evan-spiegel-takes-a-shot-at-mark-zuckerberg-over-meta-copying-snapchats-features-on-instagram-and-facebook">deal never materialized</a>. Zuckerberg told the court he believed Snapchat "wasn't growing at the potential that it could" and added, "If we would have bought them, we would have accelerated their growth, but that's just speculation."
See Also:&nbsp;<a href="https://www.benzinga.com/25/04/44778760/netflix-debuts-openai-backed-search-engine-that-lets-you-discover-movies-and-tv-shows-based-on-emotions-not-just-titles" target="_blank" rel="noreferrer noopener">Netflix Debuts OpenAI-Backed Search Engine That Lets You Discover Movies And TV Shows Based On Emotions, Not Just Titles</a>
The Federal Trade Commission introduced the email as part of its argument that Meta pursued acquisitions like Instagram and WhatsApp to eliminate competition and maintain dominance in the social media space.
Snap spokesperson Monique Bellamy told the publication, "Anticompetitive behavior can often slow and thwart growth for smaller companies… Meta's attempt to buy Snap, and then egregiously copy its features, was an attempt to do just that."
While testifying, Zuckerberg acknowledged that Snapchat was and continues to be a significant competitor.
Why It's Important: The FTC's lawsuit could reshape the tech landscape. It accuses Meta of <a href="https://www.benzinga.com/25/04/44821791/meta-platforms-used-buy-or-bury-strategy-to-monopolize-social-media-ftc-says">using a "buy or bury"</a> strategy to suppress rivals, potentially forcing the company to divest Instagram and WhatsApp.
Meta denies wrongdoing, arguing it faces strong competition from platforms like TikTok and YouTube, the platform owned by Alphabet Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google.
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
The trial is <a href="https://www.benzinga.com/news/legal/25/04/44781970/star-trek-quoting-judge-boasberg-once-targeted-by-trump-could-decide-if-mark-zuckerbergs-meta-gets-to-keep-instagram">expected to last eight weeks</a>.
On Monday, the trial revealed internal strategies, such as Zuckerberg&#8217;s unexecuted plan to reset all Facebook users&#8217; connections in 2022, aimed at keeping the platform culturally relevant.
Price Action: On Tuesday, Meta's stock fell by 1.87%, closing at $521.51, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
META holds a momentum rating of 60.72% and a growth rating of 74.91%, based on <a href="https://www.benzinga.com/quote/META">Benzinga's proprietary Edge Rankings</a>.
The Benzinga Growth score measures a stock's past earnings and revenue growth over various timeframes, emphasizing both consistent long-term performance and recent trends.
<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Click here to see how it compares</a> to Snapchat, Alphabet, and other major companies.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/quote/META"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/16040327/Screenshot-2025-04-16-at-1.33.22%E2%80%AFPM.png" alt="" class="wp-image-873643" style="width:378px;height:auto" /></a></figure>
Read More:
<ul>
<li><a href="https://benzinga.com/news/25/04/44735140/most-people-dont-have-the-balls-to-do-it-says-mark-cuban-praising-musk-for-going-all-in-with-his-own-money-f" target="_blank" rel="noreferrer noopener">‘Most People Don&#8217;t Have The Balls To Do It,&#8217; Says Mark Cuban, Praising Musk For Going ‘All In&#8217; With His Own Money For His Startups</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Poetra.RH / Shutterstock.com

Mark Zuckerberg Defends Meta In FTC Trial Over $6 Billion Offer To Acquire Snapchat: 'We Would Have Accelerated Their Growth'

Citigroup analyst Ronald Josey maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Neutral and lowers the price target from $13.5 to $9.

Citigroup Maintains Neutral on Snap, Lowers Price Target to $9

15 analysts have expressed a variety of opinions on Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">9</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $12.0, a high estimate of $16.00, and a low estimate of $8.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 13.04%. 
<img src="https://www.benzinga.com/files/images/story/2025/1744664452_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
A clear picture of Snap's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;-----------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Eric Sheridan &#x7C;Goldman Sachs &#x7C;Lowers &#x7C;Neutral &#x7C; $9.50&#x7C;$13.50 &#x7C; 
&#x7C;Lloyd Walmsley &#x7C;UBS &#x7C;Lowers &#x7C;Neutral &#x7C; $9.00&#x7C;$14.00 &#x7C; 
&#x7C;Thomas Champion &#x7C;Piper Sandler &#x7C;Lowers &#x7C;Neutral &#x7C; $10.00&#x7C;$13.00 &#x7C; 
&#x7C;Justin Post &#x7C;B of A Securities &#x7C;Lowers &#x7C;Neutral &#x7C; $10.50&#x7C;$14.50 &#x7C; 
&#x7C;Doug Anmuth &#x7C;JP Morgan &#x7C;Lowers &#x7C;Underweight &#x7C; $8.00&#x7C;$10.00 &#x7C; 
&#x7C;Ken Gawrelski &#x7C;Wells Fargo &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $9.00&#x7C;$11.00 &#x7C; 
&#x7C;Devin Ryan &#x7C;JMP Securities &#x7C;Lowers &#x7C;Market Outperform&#x7C; $14.00&#x7C;$16.00 &#x7C; 
&#x7C;Shyam Patil &#x7C;Susquehanna &#x7C;Raises &#x7C;Neutral &#x7C; $13.00&#x7C;$12.00 &#x7C; 
&#x7C;Doug Anmuth &#x7C;JP Morgan &#x7C;Lowers &#x7C;Underweight &#x7C; $10.00&#x7C;$11.00 &#x7C; 
&#x7C;Ronald Josey &#x7C;Citigroup &#x7C;Raises &#x7C;Neutral &#x7C; $13.50&#x7C;$13.00 &#x7C; 
&#x7C;Justin Post &#x7C;B of A Securities &#x7C;Raises &#x7C;Neutral &#x7C; $14.50&#x7C;$14.00 &#x7C; 
&#x7C;Ken Gawrelski &#x7C;Wells Fargo &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $11.00&#x7C;$15.00 &#x7C; 
&#x7C;David Turkaly &#x7C;JMP Securities &#x7C;Maintains &#x7C;Market Outperform&#x7C; $16.00&#x7C;$16.00 &#x7C; 
&#x7C;Greg Miller &#x7C;JMP Securities &#x7C;Maintains &#x7C;Market Outperform&#x7C; $16.00&#x7C;$16.00 &#x7C; 
&#x7C;Brian Pitz &#x7C;BMO Capital &#x7C;Lowers &#x7C;Outperform &#x7C; $16.00&#x7C;$18.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Snap. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Snap compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Snap's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Snap's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SNAP/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Snap analyst ratings.</a>
<h2>Discovering Snap: A Closer Look</h2>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
<h3>Understanding the Numbers: Snap's Finances</h3>
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Snap's remarkable performance in 3M is evident. As of 31 December, 2024, the company achieved an impressive revenue growth rate of 14.4%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Communication Services sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Snap's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.58%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Snap's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 0.39%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Snap's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.12%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Snap's debt-to-equity ratio surpasses industry norms, standing at 1.73. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
<h2>Analyst Ratings: Simplified</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantag">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

15 Analysts Assess Snap: What You Need To Know

Goldman Sachs analyst Eric Sheridan maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Neutral and lowers the price target from $13.5 to $9.5.

Goldman Sachs Maintains Neutral on Snap, Lowers Price Target to $9.5

UBS analyst Lloyd Walmsley maintains Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Neutral and lowers the price target from $14 to $9.

UBS Maintains Neutral on Snap, Lowers Price Target to $9

Press Releases

General

Zefr Partners with Snap to Launch Brand Safety and Suitability Measurement Solution

Snap Inc. Announces Third Quarter 2024 Financial Results

Snap Inc. Announces Date of Fourth Quarter and Full Year 2024 Results Conference Call

Snap Inc. Announces Fourth Quarter and Full Year 2024 Financial Results

Snap Inc. Files Annual Report on Form 10-K

Snap Announces Proposed Private Offering of $700 Million of Senior Notes Due 2033

Snap Announces Pricing of Upsized Offering of $1.5 Billion of Senior Notes Due 2033

Later Announces Partnership with Snap Inc. Delivering the Industry's Most Comprehensive Integration for Social and Influencer Marketing

Snap Inc. Announces Date of First Quarter 2025 Results Conference Call

Snap Inc. Announces First Quarter 2025 Financial Results

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

Autohome

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share

Baidu

Bilibili Inc. - American Depositary Shares

Bilibili

KANZHUN LIMITED - American Depository Shares

Kanzhun

CarGurus

Trump Media & Technology Group Corp. - Common Stock

Trump Media & Tech Gr

Trump Media & Technology Group Corp. - Warrants

FuboTV

Alphabet

Grindr

JOYY

Match Group

Pinterest

Reddit

Rumble

Tripadvisor

Weibo Corporation - American Depositary Shares

Weibo

WEBTOON Entertainment Inc. - Common stock

Webtoon Entertainment

Yalla Group Limited American Depositary Shares, each representing one Class A Ordinary Share

Comments

Snap

Unusual Options Activity for

ニュース

パートナーシップ

ベンジンガ・グローバル

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:30 AMFeb 14, 2025	CALL	$15.00	Jan 15, 2027	624	3230	3000	197	1642	TRADE	BEARISH
11:30 AMFeb 14, 2025	PUT	$15.00	Jan 15, 2027	624	3001	3000	1911	157	TRADE	NEUTRAL