Snap Inc. (NYSE:SNAP) is considered one of the best beaten down stocks to invest in, according to analysts at Guggenheim. They reiterated a Neutral rating and $8 price target on December 2. Guggenheim predicts Snap will reach 1 billion monthly active users.

Guggenheim’s Neutral stance on Snap is based on Ads Manager audience reach and Apptopia download data showing soft growth in November. Global downloads are down in 2025 due to international slowdowns and domestic usage declines. Despite this, Snap is expected to reach 1 billion global monthly active users soon.

On December 11, Jefferies reiterated a Buy rating and $10 price target for Snap. RBC Capital analyst Brad Erickson maintained a Hold rating and $10 price target on December 18. Snap is a social media and camera company best known for its Snapchat app.

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Disclosure: None. Source: Insider Monkey.

Read more at Yahoo Finance: Guggenheim Confident of Snap Inc. (SNAP) Reaching 1B Monthly Active Users