Snap (SNAP) to Release Earnings on Thursday

Snap (NYSE:SNAP) will likely be releasing its Q1 2026 resultson Thursday, April 16th. Analysts expect Snap to post earnings of ($0.0825) per share and revenue of $1.5244 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, April 28, 2026 at 5:00 PM ET.

Snap (NYSE:SNAP) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.12). The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.70 billion. Snap had a negative return on equity of 20.72% and a negative net margin of 7.76%.Snap’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.01 EPS. On average, analysts expect Snap to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Snap Price Performance

Shares of NYSE:SNAP opened at $5.14 on Tuesday. The company has a market cap of $8.67 billion, a P/E ratio of -19.02 and a beta of 0.91. The company has a quick ratio of 3.56, a current ratio of 3.56 and a debt-to-equity ratio of 1.53. Snap has a 52 week low of $3.81 and a 52 week high of $10.41. The business has a fifty day simple moving average of $4.88 and a 200-day simple moving average of $6.82.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Citigroup lowered their price objective on Snap from $10.00 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, February 12th. Canaccord Genuity Group set a $7.00 price objective on Snap in a research report on Thursday, February 5th. UBS Group reaffirmed a “buy” rating on shares of Snap in a research report on Monday, February 23rd. B. Riley Financial raised Snap from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Thursday, February 5th. Finally, Piper Sandler reaffirmed a “neutral” rating on shares of Snap in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, twenty have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $8.09.

Insider Activity at Snap

In other news, CTO Robert C. Murphy sold 1,000,000 shares of the business’s stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $5.36, for a total transaction of $5,360,000.00. Following the completion of the sale, the chief technology officer directly owned 49,313,775 shares of the company’s stock, valued at $264,321,834. The trade was a 1.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ajit Mohan sold 27,743 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $4.59, for a total transaction of $127,340.37. Following the sale, the insider directly owned 5,130,734 shares of the company’s stock, valued at $23,550,069.06. This represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 2,570,641 shares of company stock worth $13,436,343.

Hedge Funds Weigh In On Snap

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LLC lifted its holdings in shares of Snap by 14.2% during the 4th quarter. Corient Private Wealth LLC now owns 56,092 shares of the company’s stock valued at $451,000 after acquiring an additional 6,956 shares in the last quarter. Alberta Investment Management Corp acquired a new position in shares of Snap during the 4th quarter valued at $1,434,000. Vident Advisory LLC lifted its holdings in shares of Snap by 2.8% during the 4th quarter. Vident Advisory LLC now owns 180,761 shares of the company’s stock valued at $1,459,000 after acquiring an additional 4,947 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Snap during the 4th quarter valued at $458,000. Finally, Mackenzie Financial Corp lifted its holdings in shares of Snap by 178.4% during the 4th quarter. Mackenzie Financial Corp now owns 76,945 shares of the company’s stock valued at $620,000 after acquiring an additional 49,307 shares in the last quarter. Institutional investors and hedge funds own 47.52% of the company’s stock.

Snap Company Profile

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.