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Snap (SNAP) Stock Falls Amid Market Uptick: What Investors Need to Know
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In the latest trading session, Snap (SNAP - Free Report) closed at $10.07, marking a -2.71% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.78%. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 0.61%.
Heading into today, shares of the company behind Snapchat had gained 24.4% over the past month, outpacing the Computer and Technology sector's gain of 8.76% and the S&P 500's gain of 5.88%.
The investment community will be paying close attention to the earnings performance of Snap in its upcoming release. The company is slated to reveal its earnings on August 5, 2025. On that day, Snap is projected to report earnings of $0 per share, which would represent a year-over-year decline of 100%. Meanwhile, our latest consensus estimate is calling for revenue of $1.34 billion, up 7.96% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.25 per share and revenue of $5.84 billion, which would represent changes of -13.79% and +8.89%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Snap. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Snap is carrying a Zacks Rank of #1 (Strong Buy).
In the context of valuation, Snap is at present trading with a Forward P/E ratio of 42.24. This expresses a premium compared to the average Forward P/E of 29.16 of its industry.
Also, we should mention that SNAP has a PEG ratio of 1.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 2.2 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Snap (SNAP) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, Snap (SNAP - Free Report) closed at $10.07, marking a -2.71% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.78%. Elsewhere, the Dow gained 1.14%, while the tech-heavy Nasdaq added 0.61%.
Heading into today, shares of the company behind Snapchat had gained 24.4% over the past month, outpacing the Computer and Technology sector's gain of 8.76% and the S&P 500's gain of 5.88%.
The investment community will be paying close attention to the earnings performance of Snap in its upcoming release. The company is slated to reveal its earnings on August 5, 2025. On that day, Snap is projected to report earnings of $0 per share, which would represent a year-over-year decline of 100%. Meanwhile, our latest consensus estimate is calling for revenue of $1.34 billion, up 7.96% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.25 per share and revenue of $5.84 billion, which would represent changes of -13.79% and +8.89%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Snap. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Snap is carrying a Zacks Rank of #1 (Strong Buy).
In the context of valuation, Snap is at present trading with a Forward P/E ratio of 42.24. This expresses a premium compared to the average Forward P/E of 29.16 of its industry.
Also, we should mention that SNAP has a PEG ratio of 1.2. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Software industry currently had an average PEG ratio of 2.2 as of yesterday's close.
The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 68, finds itself in the top 28% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.