Zacks Research Issues Optimistic Outlook for Snap Earnings

Snap Inc. (NYSE:SNAP) – Analysts at Zacks Research boosted their Q1 2025 earnings estimates for shares of Snap in a report issued on Tuesday, February 25th. Zacks Research analyst R. Department now expects that the company will earn ($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) last issued its earnings results on Tuesday, February 4th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.13). Snap had a negative net margin of 13.02% and a negative return on equity of 25.67%.

A number of other analysts have also recently weighed in on SNAP. Loop Capital increased their price target on shares of Snap from $14.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, November 5th. Citizens Jmp cut shares of Snap from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 5th. Needham & Company LLC reiterated a “buy” rating and set a $640.00 price target on shares of Snap in a research note on Thursday, December 5th. Citigroup increased their price target on shares of Snap from $13.00 to $13.50 and gave the stock a “neutral” rating in a research note on Wednesday, February 5th. Finally, Bank of America increased their price target on shares of Snap from $14.00 to $14.50 and gave the stock a “neutral” rating in a research note on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, twenty-five have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Snap has an average rating of “Hold” and a consensus price target of $36.87.

Snap Trading Up 2.7 %

Shares of Snap stock opened at $10.26 on Friday. The company has a fifty day simple moving average of $11.11 and a 200-day simple moving average of $10.78. Snap has a 12-month low of $8.29 and a 12-month high of $17.33. The company has a current ratio of 3.95, a quick ratio of 3.95 and a debt-to-equity ratio of 1.47. The stock has a market cap of $17.40 billion, a price-to-earnings ratio of -24.42 and a beta of 0.99.

Insider Activity

In other Snap news, General Counsel Michael J. O’sullivan sold 56,961 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $11.44, for a total transaction of $651,633.84. Following the completion of the transaction, the general counsel now directly owns 1,127,655 shares in the company, valued at approximately $12,900,373.20. This trade represents a 4.81 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Rebecca Morrow sold 32,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $12.42, for a total transaction of $397,440.00. Following the transaction, the chief accounting officer now owns 433,064 shares of the company’s stock, valued at $5,378,654.88. This trade represents a 6.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 481,471 shares of company stock worth $5,394,906 in the last 90 days. 22.68% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Snap

Hedge funds and other institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its position in Snap by 62.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 6,211,360 shares of the company’s stock worth $66,462,000 after acquiring an additional 2,386,519 shares during the last quarter. Aigen Investment Management LP acquired a new position in Snap in the 3rd quarter valued at $1,345,000. Invenomic Capital Management LP acquired a new position in Snap in the 3rd quarter valued at $2,349,000. Jacobs Levy Equity Management Inc. raised its holdings in Snap by 49.9% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 2,639,681 shares of the company’s stock valued at $28,245,000 after acquiring an additional 879,212 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in Snap in the 3rd quarter valued at $828,000. 47.52% of the stock is currently owned by hedge funds and other institutional investors.

Snap Company Profile

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.