Snap Inc (NYSE:SNAP) has a beta value of 0.59 and has seen 6.08 million shares traded in the recent trading session. The company, currently valued at $13.67B, closed the recent trade at $8.18 per share which meant it lost -$0.07 on the day or -0.85% during that session. The SNAP stock price is -111.86% off its 52-week high price of $17.33 and 13.45% above the 52-week low of $7.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 24.9 million shares traded. The 3-month trading volume is 36.53 million shares.
The consensus among analysts is that Snap Inc (SNAP) is Buy stock at the moment, with a recommendation rating of 2.82. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 13 out of 28 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight.
Snap Inc (NYSE:SNAP) trade information
Over the past 30 days, the shares of Snap Inc (NYSE:SNAP) have changed 4.47%. Short interest in the company has seen 91.4 million shares shorted with days to cover at 1.93.
Wall Street analysts have a consensus price target for the stock at $10.5, which means that the shares’ value could jump 22.1% from the levels at last check today.. The projected low price target is $7.0 while the price target rests at a high of $15.0. In that case, then, we find that the latest price level in today’s session is -83.37% off the targeted high while a plunge would see the stock lose 14.43% from the levels at last check today..
Snap Inc (SNAP) estimates and forecasts
The company’s shares have lost -29.48% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 10.96% over the past 5 years. Earnings growth for 2025 is a modest 3.76% while over the next 5 years, the company’s earnings are expected to increase by 32.36%.
SNAP Dividends
Snap Inc is expected to release its next earnings report on 2025-Apr-28 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Snap Inc (NYSE:SNAP)’s Major holders
Insiders own 24.37% of the company shares, while shares held by institutions stand at 63.87% with a share float percentage of 84.45%. Investors are also buoyed by the number of investors in a company, with Snap Inc having a total of 787.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 206.76 million shares worth more than $3.43 billion. As of 2024-06-30, FMR LLC held 12.5713% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 98.86 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.64 billion and represent 6.0104% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are GROWTH FUND OF AMERICA and Fidelity Securities Fund-Fidelity Blue Chip Growth Fund . As of Mar 31, 2025 , the former fund manager holds about 6.26% shares in the company for having 88.65 shares of worth $723.41 million while later fund manager owns 83.97 shares of worth $685.18 million as of Mar 31, 2025 , which makes it owner of about 5.93% of company’s outstanding stock.
