Snap Inc. Class A ($SNAP) Stock Forecast: Down 6.5% Today

What is Snap Inc. Class A?

Snap Inc. (NYSE: SNAP) is a technology company known for its popular social media platform, Snapchat. The stock had a bearish movement today despite reporting better-than-expected Q4 earnings and revenue.

Why is Snap Inc. Class A going down?

SNAP stock is down 6.5% on Feb 5, 2025 18:41

• Despite surpassing Q4 earnings and revenue estimates, Snap's stock faced a bearish movement, indicating a disparity between its performance and the market's reaction.
• Analysts had varying responses, with some raising price targets and others, like JPMorgan and Wells Fargo, decreasing theirs, impacting the stock's decline.
• Analysts' concerns about increased costs and uncertain growth prospects following the earnings report may have caused investor apprehension, contributing to the negative market sentiment towards Snap.
• The market's outlook on Snap appears to be more influenced by analyst projections and future growth possibilities rather than the company's financial results, resulting in the observed bearish movement.

SNAP Price Chart

SNAP Technical Analysis

SNAP News

Snap Stock Drops Following Q4 Results And Analyst Downgrade: What's Going On? - Snap ( NYSE:SNAP )

Snap shares dropped 7.0% Wednesday despite beating Q4 earnings and revenue estimates, as an initial post-earnings surge reversed. Analyst reactions were mixed, with some raising price targets while JPMorgan and Wells Fargo lowered theirs. Brand New Membership Level: Benzinga Trade Alerts Snap ...

https://www.benzinga.com/trading-ideas/movers/25/02/43504666/snap-stock-drops-following-q4-results-and-analyst-downgrade-whats-going-on

Snap Struggles Despite Earnings Beat-Analysts See Higher Costs, Mixed Growth Prospects - Snap ( NYSE:SNAP )

BofA raises target to $14.5, while JPM and Wells Fargo lower targets. Next: Access Our New, Shockingly Simple 'Alert System' Snap Inc. SNAP shares are trading lower following fourth-quarter financial results reported on Tuesday and several analysts revised the price forecast.

https://www.benzinga.com/25/02/43504595/snap-falls-despite-q4-beat-as-analysts-remain-cautious-on-ad-growth-and-higher-expenses

These Analysts Revise Their Forecasts On Snap After Q4 Results - Snap ( NYSE:SNAP )

Snap Inc. SNAP reported better-than-expected fourth-quarter financial results after Tuesday's closing bell. Snap reported quarterly earnings of 16 cents per share, which beat the analyst consensus estimate of 14 cents.

https://www.benzinga.com/25/02/43491978/these-analysts-revise-their-forecasts-on-snap-after-q4-results

This Snap Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Wednesday - Hilton Worldwide Holdings ( NYSE:HLT ) , MGIC Investment ( NYSE:MTG )

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page. Mizuho analyst Ben Chaiken downgraded the rating for Hilton Worldwide Holdings Inc.

https://www.benzinga.com/25/02/43490717/this-snap-analyst-is-no-longer-bullish-here-are-top-5-downgrades-for-wednesday

Snap Stock Soars After Q4 EPS, Revenues Beat: Details - Snap ( NYSE:SNAP )

Snap reports quarterly earnings of 16 cents per share which beat the analyst consensus estimate of 14 cents. The company reports Snapchat had 453 million daily active users , up 9% year-over-year. Brand New Membership Level: Benzinga Trade Alerts Snap Inc.

https://www.benzinga.com/general/social-media/25/02/43480179/snap-stock-soars-after-q4-eps-revenues-beat-details

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Snap Inc. Class A Price History

30.09.2024 - SNAP Stock was up 12.8%

• Strong Q3 earnings results exceeded expectations, boosting confidence in Snap's growth potential among investors.
• A newly unveiled $500 million buyback initiative suggests that Snap perceives its stock as undervalued, prompting increased investor interest.
• Analyst Andrew Boone's optimistic assessment and raised price target have amplified positive market expectations for Snap's future performance.
• Today's bullish trend in Snap's stock can be attributed to its robust earnings, buyback program, and the favorable analyst upgrade.

05.01.2025 - SNAP Stock was down 6.5%

• Despite surpassing Q4 earnings and revenue estimates, Snap's stock faced a bearish movement, indicating a disparity between its performance and the market's reaction.
• Analysts had varying responses, with some raising price targets and others, like JPMorgan and Wells Fargo, decreasing theirs, impacting the stock's decline.
• Analysts' concerns about increased costs and uncertain growth prospects following the earnings report may have caused investor apprehension, contributing to the negative market sentiment towards Snap.
• The market's outlook on Snap appears to be more influenced by analyst projections and future growth possibilities rather than the company's financial results, resulting in the observed bearish movement.

05.01.2025 - SNAP Stock was down 5.5%

• Snap reported better-than-expected fourth-quarter financial results, with earnings of 16 cents per share beating the analyst consensus estimate of 14 cents. This positive earnings report should have initially supported the stock.
• Despite the strong earnings, the bearish movement could be attributed to analyst downgrades, with one analyst no longer being bullish on the stock. This change in outlook might have influenced investor sentiment negatively.
• The market might have reacted to the overall downbeat sentiment towards tech stocks, as seen in the broader market movements. This negative sentiment could have overshadowed Snap's positive earnings report, leading to the bearish movement in the stock price today.

27.00.2025 - SNAP Stock was up 5.2%

• SNAP exhibited strong bullish momentum.
• The decline in DJT stock could have prompted investors to explore more stable investment options, such as SNAP.
• Following a notable rally and subsequent decline in DJT stock, investors may have redirected their attention to tech stocks like SNAP, bolstering buying activity and driving a bullish trend.
• Investors may perceive SNAP as a dependable and established entity in the tech industry, contrasting with the volatility of DJT stock, influencing SNAP's positive market performance today.

30.09.2024 - SNAP Stock was up 15.0%

• Snap Inc. (SNAP) demonstrated robust bullish movement today due to the following reasons:
• Surpassing expectations, the company presented strong financial results for the third quarter, exceeding revenue and earnings per share estimates, showcasing strong performance and growth.
• Snap's unveiling of a $500 million buyback program and advancements in artificial intelligence initiatives bolstered investor confidence in the company's future prospects.
• Moreover, an upgrade from an analyst, who elevated Snap's rating from Market Perform to Market Outperform with a price target of $17, further enhanced investor sentiment and propelled the stock price upwards.

12.10.2024 - SNAP Stock was down 6.5%

• SNAP stock experienced a bearish movement due to concerns surrounding the future of TikTok in the United States.
• The potential delay in the TikTok ban enforcement by Trump may have influenced investor sentiment towards SNAP.
• Investors could be concerned about heightened competition in the social media sector if TikTok remains operational in the US.
• The ambiguous regulatory outlook for social media firms like SNAP might be contributing to the stock's decline.

16.00.2025 - SNAP Stock was down 5.1%

• SNAP shares declined after reports surfaced about President-elect Donald Trump considering an executive order to prevent TikTok from being banned in the U.S.
• The possibility of TikTok continuing its operations in the U.S. may have contributed to a pessimistic outlook among investors regarding Snapchat, leading to the drop in SNAP shares.
• These developments indicate investor apprehension about heightened competition in the social media sector, potentially affecting Snapchat's user engagement and revenue growth.

01.07.2024 - SNAP Stock was down 5.8%

• Snap Inc. (SNAP) experienced a bearish movement today despite the overall positive sentiment in the social media sector.
• The stock initially moved higher in after-hours trading, possibly in sympathy with another company following better-than-expected earnings results.
• The bearish movement could be attributed to profit-taking by investors after the initial positive reaction to the earnings, leading to a shift in sentiment towards Snap Inc.
• The passing of certain acts in the U.S. Senate may have also contributed to the bearish movement, as investors may be concerned about potential regulatory impacts on social media companies like Snap Inc.

02.07.2024 - SNAP Stock was down 27.2%

• Snap stock saw a sharp decline today, falling by 22%.
• The market response to Snap's second-quarter earnings was negative due to a revenue miss and a cautious outlook for the future.
• Investor worries about Snap's ability to compete in advertising amid strong competition raised concerns about losing market share to bigger rivals.
• Analysts adjusted their projections for Snap downward after the disappointing revenue figures, adding to the stock's downward momentum.

02.07.2024 - SNAP Stock was down 27.2%

• Snap's stock witnessed a significant decline of approximately 22-26% following disappointing Q2 2024 results and a cautious outlook for the next quarter.
• Despite surpassing 850 million monthly users, Snap's financial performance overshadowed this achievement, as investors reacted to the subdued revenue growth projection.
• The company's struggles in the advertising revenue landscape against larger competitors heightened market worries, contributing to a notable drop in Snap's stock value.
• Snap's failure to meet revenue expectations and concerns regarding the competitiveness of its advertising platform amplified negative market sentiment, leading to the bearish trend in its stock price.

05.07.2024 - SNAP Stock was up 6.0%

• Snap stock showed strong bullish momentum recently:
• Quarterly reports revealed positive growth in revenue, daily active users, and average revenue per user, potentially boosting investor confidence.
• Despite revenue challenges from competitors, Snap's favorable user metrics may have reassured investors about its future growth.
• Snap's stock performance remained resilient amidst general market bearishness and economic concerns.
• Notable events like insider selling in NVIDIA and overall market negativity did not hinder Snap's upward trend, suggesting specific positive factors influencing its stock performance.

08.07.2024 - SNAP Stock was up 5.2%

• SNAP stock experienced a strong bullish movement today, despite recent market volatility.
• The acquisition of Amelia AI by SoundHound, a company that provides technology to Snap, could have positively impacted investor sentiment towards SNAP.
• The news about MultiversX bringing enhanced security to MetaMask with on-chain 2FA integration may have also contributed to the bullish movement, highlighting potential advancements in technology and security within the industry.
• The negative sentiment towards augmented reality stocks in general, as highlighted in discussions about potential declines in the sector, did not seem to affect SNAP specifically, indicating resilience in the face of broader market trends.