Snap Inc. Class A ($SNAP) Stock Forecast: Down 13.7% Today

What is Snap Inc. Class A?

Snap Inc. (NYSE: SNAP) is a technology company based in Santa Monica, California, known for its popular multimedia messaging app, Snapchat. The stock had a bearish movement today in the market.

Why is Snap Inc. Class A going down?

SNAP stock is down 13.7% on Apr 30, 2025 13:47

• Snap's stock experienced a bearish movement possibly due to lower-than-expected earnings results for the first quarter.
• Analysts had revised their forecasts ahead of the earnings call, anticipating earnings of 4 cents per share, but the actual earnings may have fallen short of these expectations.
• The market's reaction to Snap's earnings report, combined with overall market volatility, likely contributed to the bearish movement in Snap's stock price today.

SNAP Price Chart

SNAP Technical Analysis

SNAP News

Snap Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Snap ( NYSE:SNAP )

Snap Inc. SNAP will release earnings results for the first quarter, after the closing bell on Tuesday, April 29. Analysts expect the Santa Monica, California-based company to report quarterly earnings at 4 cents per share, up from 3 cents per share in the year-ago period.

https://www.benzinga.com/25/04/45071083/snap-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call

What's Going On With Snap Stock Tuesday? - Snap ( NYSE:SNAP )

Snap is expected to reported first-quarter earnings after the market closes Tuesday. Analysts' estimate first-quarter earnings of 3 cents per share and revenue of $1.35 billion. Today's manic market swings are creating the perfect setup for Matt's next volatility trade.

https://www.benzinga.com/25/04/45071047/whats-going-on-with-snap-stock-tuesday

Trending Today

Sonic (prev. FTM) ($S) Crypto Forecast: Down 7.5% Today

Aave ($AAVE) Crypto Forecast: Down 6.1% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.2% Today

XRP ($XRP) Crypto Forecast: Down 5.9% Today

Floki ($FLOKI) Crypto Forecast: Up 5.8% Today

Mondelez International Inc. ($MDLZ) Stock Forecast: Up 5.0% Today

Shoals Technologies Group Inc. ($SHLS) Stock Forecast: Down 5.4% Today

Newell Brands Inc. ($NWL) Stock Forecast: Down 6.4% Today

United Therapeutics Corporation ($UTHR) Stock Forecast: Up 2.1% Today

Western Digital Corporation ($WDC) Stock Forecast: Up 5.2% Today

Snap Inc. Class A Price History

30.09.2024 - SNAP Stock was up 12.8%

• Strong Q3 earnings results exceeded expectations, boosting confidence in Snap's growth potential among investors.
• A newly unveiled $500 million buyback initiative suggests that Snap perceives its stock as undervalued, prompting increased investor interest.
• Analyst Andrew Boone's optimistic assessment and raised price target have amplified positive market expectations for Snap's future performance.
• Today's bullish trend in Snap's stock can be attributed to its robust earnings, buyback program, and the favorable analyst upgrade.

05.01.2025 - SNAP Stock was down 6.5%

• Despite surpassing Q4 earnings and revenue estimates, Snap's stock faced a bearish movement, indicating a disparity between its performance and the market's reaction.
• Analysts had varying responses, with some raising price targets and others, like JPMorgan and Wells Fargo, decreasing theirs, impacting the stock's decline.
• Analysts' concerns about increased costs and uncertain growth prospects following the earnings report may have caused investor apprehension, contributing to the negative market sentiment towards Snap.
• The market's outlook on Snap appears to be more influenced by analyst projections and future growth possibilities rather than the company's financial results, resulting in the observed bearish movement.

05.01.2025 - SNAP Stock was down 5.5%

• Snap reported better-than-expected fourth-quarter financial results, with earnings of 16 cents per share beating the analyst consensus estimate of 14 cents. This positive earnings report should have initially supported the stock.
• Despite the strong earnings, the bearish movement could be attributed to analyst downgrades, with one analyst no longer being bullish on the stock. This change in outlook might have influenced investor sentiment negatively.
• The market might have reacted to the overall downbeat sentiment towards tech stocks, as seen in the broader market movements. This negative sentiment could have overshadowed Snap's positive earnings report, leading to the bearish movement in the stock price today.

27.00.2025 - SNAP Stock was up 5.2%

• SNAP exhibited strong bullish momentum.
• The decline in DJT stock could have prompted investors to explore more stable investment options, such as SNAP.
• Following a notable rally and subsequent decline in DJT stock, investors may have redirected their attention to tech stocks like SNAP, bolstering buying activity and driving a bullish trend.
• Investors may perceive SNAP as a dependable and established entity in the tech industry, contrasting with the volatility of DJT stock, influencing SNAP's positive market performance today.

30.09.2024 - SNAP Stock was up 15.0%

• Snap Inc. (SNAP) demonstrated robust bullish movement today due to the following reasons:
• Surpassing expectations, the company presented strong financial results for the third quarter, exceeding revenue and earnings per share estimates, showcasing strong performance and growth.
• Snap's unveiling of a $500 million buyback program and advancements in artificial intelligence initiatives bolstered investor confidence in the company's future prospects.
• Moreover, an upgrade from an analyst, who elevated Snap's rating from Market Perform to Market Outperform with a price target of $17, further enhanced investor sentiment and propelled the stock price upwards.

30.03.2025 - SNAP Stock was down 13.7%

• Snap's stock experienced a bearish movement possibly due to lower-than-expected earnings results for the first quarter.
• Analysts had revised their forecasts ahead of the earnings call, anticipating earnings of 4 cents per share, but the actual earnings may have fallen short of these expectations.
• The market's reaction to Snap's earnings report, combined with overall market volatility, likely contributed to the bearish movement in Snap's stock price today.

12.10.2024 - SNAP Stock was down 6.5%

• SNAP stock experienced a bearish movement due to concerns surrounding the future of TikTok in the United States.
• The potential delay in the TikTok ban enforcement by Trump may have influenced investor sentiment towards SNAP.
• Investors could be concerned about heightened competition in the social media sector if TikTok remains operational in the US.
• The ambiguous regulatory outlook for social media firms like SNAP might be contributing to the stock's decline.

19.02.2025 - SNAP Stock was up 5.1%

• SNAP showed a strong bullish movement today, despite a 22% decline over the past year.
• The uptrend could be linked to Snap's progress in augmented reality and the rise in advertising revenue.
• Investors seem hopeful about Snap's future potential, despite existing challenges like competition and regional pressures.
• Observers recommend watching for better entry points in 2025, but today's bullish movement might indicate a short-term positive sentiment towards the stock.

16.00.2025 - SNAP Stock was down 5.1%

• SNAP shares declined after reports surfaced about President-elect Donald Trump considering an executive order to prevent TikTok from being banned in the U.S.
• The possibility of TikTok continuing its operations in the U.S. may have contributed to a pessimistic outlook among investors regarding Snapchat, leading to the drop in SNAP shares.
• These developments indicate investor apprehension about heightened competition in the social media sector, potentially affecting Snapchat's user engagement and revenue growth.

08.07.2024 - SNAP Stock was up 5.2%

• SNAP stock experienced a strong bullish movement today, despite recent market volatility.
• The acquisition of Amelia AI by SoundHound, a company that provides technology to Snap, could have positively impacted investor sentiment towards SNAP.
• The news about MultiversX bringing enhanced security to MetaMask with on-chain 2FA integration may have also contributed to the bullish movement, highlighting potential advancements in technology and security within the industry.
• The negative sentiment towards augmented reality stocks in general, as highlighted in discussions about potential declines in the sector, did not seem to affect SNAP specifically, indicating resilience in the face of broader market trends.

03.02.2025 - SNAP Stock was down 5.2%

• Snap unveiled a collaboration with Later to upgrade creator tools on Snapchat.
• The enhanced tools seek to automate content scheduling and enhance creator discovery on the platform.
• While this is a positive development, market reaction may be influenced by broader market conditions or other factors affecting Snap's stock price.
• Investors could be wary of the partnership's impact on Snap's revenue and user growth, possibly contributing to the bearish trend in the stock price.

10.03.2025 - SNAP Stock was up 6.1%

• SNAP's bullish movement today could be attributed to the positive investor sentiment following the company's launch of an AI ad format, signaling potential growth opportunities.
• The introduction of innovative advertising strategies like the AI ad format could attract more advertisers to the platform, potentially increasing revenue streams for Snap Inc.
• Investors may view Snap's focus on technological advancements in advertising as a positive sign of the company's ability to stay competitive in the ever-evolving digital advertising landscape, hence driving the bullish movement in the stock price.