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Snap Inc. (SNAP)

Communication Services | Internet Content & Information | Santa Monica, United States | NYSE
5.43 USD +0.10 (1.876%) ⇧ (Aug. 28, 2026, 4:02 p.m. EDT)
After hours: 5.44 +0.01 (0.092%) ⇧ (Aug. 28, 2026, 7:56 p.m. EDT)

Short-term:★★☆☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 4:18 a.m. EDT

The investment case for Snap is currently fractured between a compelling valuation and deteriorating operational reality. Fundamentally, the company is trading at a distressed multiple with a forward P/E of roughly 6.7x, yet it is generating negative earnings and negative operating margins. While revenue growth of nearly 19% provides some hope, the multi-year price trajectory tells a different story: the stock has lost over half its value since the IPO, and the most recent annual return was negative. This suggests the market has already priced in the risks associated with the new AR glasses launch and the broader ad market slowdown. Short-term, the technical setup is mixed. The stock is hovering near its 50-day moving average but remains significantly below its 200-day line, indicating a lack of sustained institutional accumulation. The recent news cycle highlights a disconnect between management's optimism and analyst skepticism regarding the demand for their hardware products. Options activity reveals a speculative crowd waiting for a catalyst, with heavy call buying at strikes well above the current price, but this is balanced by significant put volume acting as a safety net. Without a confirmed turnaround in profitability or a clear path to monetizing the AR hardware, the risk-reward profile remains skewed against the buyer. The stock appears to be in a value trap phase where the low price masks the fundamental inability to generate consistent profits.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.100032
MSTL0.101579
AutoETS0.102582
AutoARIMA0.152317

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 0.20
Ljung-Box p 0.000
Jarque-Bera p 0.101
Excess Kurtosis -0.55
Attribute Value
Sector Communication Services
Debt to Equity Ratio 219.281
Revenue per Share 3.759
Market Cap 9,183,203,328
Forward P/E 7.00
Beta 1.02
Profit Margins -4.90%
Website https://www.snap.com

As of Aug. 22, 2026, 4:18 a.m. EDT: Speculators are positioning for continued volatility rather than a clear directional breakout. Call open interest is heavily skewed toward out-of-the-money strikes (above $6.00 and $10.00), suggesting bets on a significant rally, yet put open interest remains substantial at lower strikes ($4.00-$5.00), indicating a strong floor or hedging demand. The implied volatility surface shows elevated premiums for longer-dated contracts, reflecting uncertainty about whether the recent cost-cutting measures will translate into sustained revenue recovery or if the business faces deeper structural issues.


Info Dump

Attribute Value
52 Week Change -0.2728513
Address1 3,000 31st Street
All Time High 83.34
All Time Low 3.81
Ask 5.45
Ask Size 19,400
Audit Risk 9
Average Analyst Rating 2.7 - Hold
Average Daily Volume10 Day 40,851,430
Average Daily Volume3 Month 41,738,835
Average Volume 41,738,835
Average Volume10Days 40,851,430
Beta 1.024
Bid 5.43
Bid Size 71,500
Board Risk 3
Book Value 1.146
City Santa Monica
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 8
Country United States
Crypto Tradeable 0
Currency USD
Current Price 5.43
Current Ratio 2.936
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 5.59
Day Low 5.33
Debt To Equity 219.281
Display Name Snap
Earnings Call Timestamp End 1,785,790,800
Earnings Call Timestamp Start 1,785,790,800
Earnings Timestamp 1,785,787,200
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda -146,279,008
Ebitda Margins -0.02303
Enterprise To Ebitda -73.484
Enterprise To Revenue 1.692
Enterprise Value 10,749,192,192
Eps Current Year 0.61316
Eps Forward 0.77546
Eps Trailing Twelve Months -0.18
Esg Populated 0
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.8872
Fifty Day Average Change 0.54279995
Fifty Day Average Change Percent 0.11106563
Fifty Two Week Change Percent -27.28513
Fifty Two Week High 9.28
Fifty Two Week High Change -3.85
Fifty Two Week High Change Percent -0.41487068
Fifty Two Week Low 3.81
Fifty Two Week Low Change 1.6199999
Fifty Two Week Low Change Percent 0.42519683
Fifty Two Week Range 3.81 - 9.28
Financial Currency USD
First Trade Date Milliseconds 1,488,465,000,000
Float Shares 1,117,408,152
Forward Eps 0.77546
Forward P E 7.002295
Free Cashflow 714,257,984
Full Exchange Name NYSE
Full Time Employees 5,261
Fullday Change 0.0999999
Fullday Change Percent 1.87617
Fullday Price 5.435
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.57333
Gross Profits 3,641,295,104
Has Pre Post Market Data 1
Held Percent Insiders 0.22102
Held Percent Institutions 0.44674
Implied Shares Outstanding 1,691,197,712
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and snaps. It also provides Snapchat+, Lens+, and Snapchat Platinum, a subscription service that provides subscribers access to exclusive, experimental, and pre-release features; Spectacles, an augmented reality (AR) glasses; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, commercials, sponsored snaps, and promoted places. In addition, the company offers campaign management and delivery, an advertising platform that provides automated, sophisticated, and scalable ad buying and campaign management; and measuring advertising effectiveness solutions. 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.
Long Name Snap Inc.
Market us_market
Market Cap 9,183,203,328
Market State CLOSED
Max Age 86,400
Message Board Id finmb_224055283
Most Recent Quarter 1,782,777,600
Net Income To Common -311,243,008
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 9,014,083,804
Number Of Analyst Opinions 36
Open 5.35
Operating Cashflow 919,059,008
Operating Margins -0.026400002
Overall Risk 8
Payout Ratio 0.0
Peg Ratio 508.87
Phone 310 399 3339
Post Market Change 0.0050001144
Post Market Change Percent 0.09208314
Post Market Price 5.435
Post Market Time 1,787,961,419
Previous Close 5.33
Price Eps Current Year 8.855763
Price Hint 2
Price To Book 4.7382197
Price To Sales Trailing12 Months 1.4459269
Profit Margins -0.04901
Quick Ratio 2.72
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.65116
Region US
Regular Market Change 0.0999999
Regular Market Change Percent 1.87617
Regular Market Day High 5.59
Regular Market Day Low 5.33
Regular Market Day Range 5.33 - 5.59
Regular Market Open 5.35
Regular Market Previous Close 5.33
Regular Market Price 5.43
Regular Market Time 1,787,947,368
Regular Market Volume 27,222,049
Return On Assets -0.02722
Return On Equity -0.15576
Revenue Growth 0.189
Revenue Per Share 3.759
Sand P52 Week Change 0.20504117
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 10
Shares Outstanding 1,437,047,479
Shares Percent Shares Out 0.057600003
Shares Short 97,408,824
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 91,270,073
Short Name Snap Inc.
Short Percent Of Float 0.0879
Short Ratio 2.47
Source Interval 15
State CA
Symbol SNAP
Target High Price 16.0
Target Low Price 5.0
Target Mean Price 7.38333
Target Median Price 6.875
Total Cash 2,659,758,080
Total Cash Per Share 1.573
Total Debt 4,225,746,944
Total Revenue 6,351,084,032
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.18
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 5.9327
Two Hundred Day Average Change -0.5027003
Two Hundred Day Average Change Percent -0.084733814
Type Disp Equity
Volume 27,222,049
Website https://www.snap.com
Zip 90,405