Rosenblatt Securities Lowers Snap (NYSE:SNAP) Price Target to $6.40

Snap (NYSE:SNAP) had its target price decreased by stock analysts at Rosenblatt Securities from $9.50 to $6.40 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Rosenblatt Securities’ price target would indicate a potential upside of 22.14% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. BNP Paribas Exane initiated coverage on Snap in a report on Wednesday, January 14th. They issued a “strong sell” rating for the company. Truist Financial upped their target price on Snap from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Friday, November 7th. Roth Mkm raised their price target on shares of Snap from $9.00 to $10.00 and gave the stock a “neutral” rating in a research report on Friday, January 30th. Morgan Stanley lifted their price target on shares of Snap from $8.50 to $9.50 and gave the stock an “equal weight” rating in a research note on Tuesday, January 13th. Finally, Arete Research upgraded shares of Snap from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 18th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twenty-three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $8.66.

Snap Price Performance

SNAP opened at $5.24 on Thursday. The company has a fifty day simple moving average of $7.58 and a 200 day simple moving average of $7.84. The firm has a market cap of $9.01 billion, a price-to-earnings ratio of -19.41 and a beta of 0.83. Snap has a twelve month low of $5.10 and a twelve month high of $11.26. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 1.57.

Snap (NYSE:SNAP) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.12). The firm had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.70 billion. Snap had a negative return on equity of 20.91% and a negative net margin of 7.76%.The business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.01 EPS. Equities research analysts expect that Snap will post -0.3 EPS for the current fiscal year.

Insider Buying and Selling at Snap

In other news, insider Ajit Mohan sold 20,848 shares of Snap stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $7.62, for a total value of $158,861.76. Following the completion of the transaction, the insider directly owned 5,277,816 shares of the company’s stock, valued at approximately $40,216,957.92. The trade was a 0.39% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Derek Andersen sold 23,715 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $7.83, for a total transaction of $185,688.45. Following the sale, the chief financial officer owned 2,972,051 shares in the company, valued at approximately $23,271,159.33. This trade represents a 0.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 393,341 shares of company stock worth $3,169,210 in the last ninety days. 22.68% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Snap

Several institutional investors have recently made changes to their positions in SNAP. Alyeska Investment Group L.P. acquired a new position in Snap during the 3rd quarter valued at about $176,697,000. Junto Capital Management LP bought a new stake in shares of Snap during the third quarter valued at approximately $29,071,000. Voloridge Investment Management LLC raised its holdings in shares of Snap by 53.3% during the third quarter. Voloridge Investment Management LLC now owns 10,300,911 shares of the company’s stock valued at $79,420,000 after buying an additional 3,582,223 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in shares of Snap by 537.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 4,150,134 shares of the company’s stock worth $33,492,000 after buying an additional 3,499,578 shares during the period. Finally, Holocene Advisors LP grew its holdings in Snap by 895.9% in the 3rd quarter. Holocene Advisors LP now owns 3,560,234 shares of the company’s stock worth $27,449,000 after buying an additional 3,202,737 shares in the last quarter. 47.52% of the stock is owned by institutional investors.

Key Snap News

Here are the key news stories impacting Snap this week:

• Positive Sentiment: B. Riley upgraded SNAP to Buy with a $10 price target, signaling a bullish view that could attract buyers and help lift the stock. B. Riley upgrade
• Positive Sentiment: Bank of America also upgraded SNAP to Buy with a $10 target, another high-profile bullish call that supports the rally. BofA upgrade
• Positive Sentiment: Q4 results showed revenue growth (~+10% y/y), earnings beats in some reports and a sizeable jump in net income — evidence management’s profitability focus is working and giving bulls ammunition. Q4 earnings beat (Zacks)
• Positive Sentiment: Unusually large purchases of SNAP call options indicate speculative or directional bullish positioning that can amplify intraday upside and volume. Call option activity
• Neutral Sentiment: Snap filed its 2025 Form 10‑K (routine but provides audited detail and disclosure for investors). 10‑K filing
• Neutral Sentiment: Citizens Jmp reaffirmed a Market Perform rating — a hold view that is neither a large buy signal nor a sell endorsement. Citizens Jmp reaffirmation
• Negative Sentiment: Numerous analysts cut price targets or moved to cautious stances this week (Wells Fargo to $8, Cantor Fitzgerald to $7, JPMorgan to $7 with an underweight, Evercore to $9, TD Cowen to $8, etc.), creating downward pressure on consensus expectations. Analyst price target cuts
• Negative Sentiment: Despite profitability improvements, daily active users fell and management gave softer near‑term revenue cues — factors that cap valuation upside and explain why many analysts remain cautious. User decline and strategy (TechCrunch)
• Negative Sentiment: Market consensus remains skewed toward reduce/hold: many analysts rate the stock lower overall, and some coverage noted the shares touched a new low after results — increasing short-term volatility risk. Consensus reduce

About Snap

Snap Inc is a camera and social media company best known for developing and operating Snapchat, a multimedia messaging application that allows users to send photos, videos and messages that disappear after being viewed. In addition to its core messaging service, Snap offers a suite of augmented reality (AR) tools, including custom Lenses and Filters, that enable users and third-party developers to create interactive and immersive experiences. The company also provides advertising solutions that allow brands to engage audiences through Snap Ads, Sponsored Lenses and Discover content on the platform.

Founded in 2011 by Evan Spiegel and Bobby Murphy, Snap has continually focused on innovation in camera technology and AR.