
Snap (SNAP) Stock Forecast & Price Target
Snap (SNAP) Analyst Ratings
Bulls say
Snap is facing some challenges with their user growth and advertising sales. However, the company has a solid track record of meeting or exceeding revenue and earnings expectations and has potential for growth with their augmented reality lenses and expanding subscription business. While there may be some near-term headwinds, there is potential for improvement in sentiment and revenue growth. Overall, the analyst maintains a positive outlook for the company's stock based on its innovative products and strong financial performance.
Bears say
Snap is facing multiple challenges including the failure of the Perplexity deal and concerns about potential competition from other AR devices. Additionally, the company's heavy spending on software engineers and plans for high ad sales could potentially lead to a shift in market share and risk a macro issue with high gas prices. The recent mass layoffs and pre-announced upside in EBITDA along with the potential for a new fundraise suggest potential struggles for the company in the near future. An upside could come from the growth of the non-advertising business, potential for $400 million in revenue from the Perplexity deal, and ongoing progress towards reaching ~60% gross margins.
This aggregate rating is based on analysts' research of Snap and is not a guaranteed prediction by Public.com or investment advice.
Snap (SNAP) Analyst Forecast & Price Prediction
Start investing in Snap (SNAP)
Order type
Buy in
Order amount
Est. shares
0 shares