SnapSNAP
About: Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
Employees: 4,911
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
106% more call options, than puts
Call options by funds: $958M | Put options by funds: $466M
24% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 75
3% less capital invested
Capital invested by funds: $9.32B [Q3] → $9.08B (-$238M) [Q4]
10% less repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 173
1% less funds holding
Funds holding: 544 [Q3] → 536 (-8) [Q4]
3.58% less ownership
Funds ownership: 62.8% [Q3] → 59.21% (-3.58%) [Q4]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 7 (-1) [Q4]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Susquehanna Shyam Patil 80% 1-year accuracy 39 / 49 met price target | 26%upside $13 | Neutral Maintained | 5 Feb 2025 |
JP Morgan Doug Anmuth 89% 1-year accuracy 39 / 44 met price target | 3%downside $10 | Underweight Maintained | 5 Feb 2025 |
Citigroup Ronald Josey 83% 1-year accuracy 48 / 58 met price target | 31%upside $13.50 | Neutral Maintained | 5 Feb 2025 |
B of A Securities Justin Post 88% 1-year accuracy 15 / 17 met price target | 40%upside $14.50 | Neutral Maintained | 5 Feb 2025 |
Wells Fargo Ken Gawrelski 67% 1-year accuracy 34 / 51 met price target | 6%upside $11 | Equal-Weight Downgraded | 5 Feb 2025 |
Financial journalist opinion
Based on 40 articles about SNAP published over the past 30 days
