Snap Inc. with ticker code (SNAP) have now 35 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 42 and 10 calculating the average target price we see 15.65. Now with the previous closing price of 10.18 this now indicates there is a potential upside of 53.7%. The day 50 moving average is 11.26 and the 200 day moving average is 25.59. The market cap for the company is $17,232m. Company Website: https://www.snap.com
The potential market cap would be $26,491m based on the market concensus.
Snap Inc. operates as a camera company in North America, Europe, and internationally. The company offers Snapchat, a camera application with various functionalities, such as Camera, Communication, Snap Map, Stories, and Spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, story ads, collection ads, dynamic ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
