Equities Analysts Set Expectations for Snap Q2 Earnings

Snap Inc. (NYSE:SNAP) – Analysts at B. Riley cut their Q2 2025 earnings per share estimates for Snap in a note issued to investors on Wednesday, April 30th. B. Riley analyst N. Khan now anticipates that the company will post earnings of ($0.15) per share for the quarter, down from their previous estimate of ($0.07). B. Riley currently has a “Neutral” rating and a $10.00 price target on the stock. The consensus estimate for Snap’s current full-year earnings is ($0.30) per share. B. Riley also issued estimates for Snap’s Q3 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.30) EPS, FY2026 earnings at ($0.04) EPS, FY2027 earnings at $0.15 EPS, FY2028 earnings at $0.34 EPS and FY2029 earnings at $0.53 EPS.

Snap (NYSE:SNAP) last released its earnings results on Tuesday, April 29th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.12). The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.35 billion. Snap had a negative return on equity of 25.67% and a negative net margin of 13.02%. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period last year, the company posted $0.03 earnings per share.

SNAP has been the topic of several other reports. Truist Financial reduced their price objective on Snap from $14.00 to $11.00 and set a “hold” rating on the stock in a research note on Wednesday, April 30th. Canaccord Genuity Group reduced their price target on shares of Snap from $10.00 to $9.00 and set a “hold” rating on the stock in a research note on Wednesday, April 30th. Susquehanna lowered their price objective on shares of Snap from $13.00 to $8.00 and set a “neutral” rating for the company in a research report on Wednesday, April 30th. Barclays restated an “overweight” rating on shares of Snap in a research report on Wednesday, February 5th. Finally, Citigroup lowered their price target on shares of Snap from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Wednesday, April 30th. One research analyst has rated the stock with a sell rating, twenty-three have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Snap currently has a consensus rating of “Hold” and a consensus price target of $35.50.

Snap Trading Down 2.1 %

Shares of SNAP stock opened at $8.37 on Monday. The company has a debt-to-equity ratio of 1.47, a quick ratio of 3.95 and a current ratio of 3.95. Snap has a fifty-two week low of $7.08 and a fifty-two week high of $17.33. The company has a market cap of $14.20 billion, a PE ratio of -19.93 and a beta of 0.61. The stock’s fifty day moving average price is $8.63 and its two-hundred day moving average price is $10.36.

Insider Buying and Selling

In other Snap news, General Counsel Michael J. O’sullivan sold 24,000 shares of the company’s stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $7.74, for a total transaction of $185,760.00. Following the transaction, the general counsel now owns 483,660 shares in the company, valued at approximately $3,743,528.40. This represents a 4.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CTO Robert C. Murphy sold 1,000,000 shares of the firm’s stock in a transaction on Thursday, May 1st. The shares were sold at an average price of $8.03, for a total transaction of $8,030,000.00. Following the completion of the transaction, the chief technology officer now directly owns 54,517,308 shares in the company, valued at $437,773,983.24. This trade represents a 1.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,362,523 shares of company stock valued at $20,719,017 over the last 90 days. Company insiders own 22.68% of the company’s stock.

Institutional Investors Weigh In On Snap

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Everence Capital Management Inc. purchased a new stake in shares of Snap in the fourth quarter worth approximately $437,000. FNY Investment Advisers LLC grew its holdings in Snap by 1,756.8% during the fourth quarter. FNY Investment Advisers LLC now owns 13,740 shares of the company’s stock worth $147,000 after buying an additional 13,000 shares in the last quarter. Assenagon Asset Management S.A. raised its position in Snap by 51.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 3,086,741 shares of the company’s stock valued at $33,244,000 after buying an additional 1,050,501 shares during the last quarter. HCR Wealth Advisors lifted its stake in Snap by 3.9% during the 4th quarter. HCR Wealth Advisors now owns 25,016 shares of the company’s stock valued at $269,000 after acquiring an additional 934 shares in the last quarter. Finally, RDA Financial Network purchased a new position in Snap during the 4th quarter worth $123,000. Institutional investors and hedge funds own 47.52% of the company’s stock.

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.