Snap Inc. (NYSE:SNAP), the company behind the popular social media app Snapchat, competes with giants like Facebook and Instagram. On July 16, 2025, UBS maintained its Neutral rating for Snap, suggesting investors hold their positions. At that time, Snap's stock was priced at $9.25, and UBS raised its price target from $9 to $10, as highlighted by TheFly.
In the latest trading session, Snap's stock closed at $9.11, marking a 2.46% decline from the previous day. This drop was more pronounced than the S&P 500's loss of 0.33%, the Dow Jones Industrial Average's fall of 0.63%, and the Nasdaq Composite's slight decrease of 0.22%. Despite this recent dip, Snap's shares have risen by 12.53% over the past month, outperforming the Computer and Technology sector's gain of 5.24% and the S&P 500's gain of 4.07%.
Investors are eagerly anticipating Snap's upcoming earnings report, set for release on August 5, 2025. Revenue is projected to increase by 7.96% from the previous year, reaching $1.34 billion. This revenue growth could be a positive sign for the company's future prospects.
Currently, Snap's stock price is $9.26, reflecting a decrease of 2.37% with a change of $0.23. Today, the stock has fluctuated between a low of $9.23 and a high of $9.59. Over the past year, Snap has experienced a high of $16.47 and a low of $7.08. The company's market capitalization is approximately $15.47 billion, with a trading volume of 5.99 million shares on the NYSE.
