Snap stock closed lower than the previous day, underperforming the market, with upcoming positive earnings report.

From Nasdaq: 2025-04-02 18:15:00

Snap (SNAP) closed at $8.88, down -0.56% from the previous day, underperforming the S&P 500. Shares lost 6.98% in the past month, surpassing the sector’s 7.99% drop. Snap’s upcoming earnings report projects an EPS of $0.04 and revenue of $1.35 billion, with a Zacks Rank of #3 (Hold).

The Zacks Rank model foresees a positive outlook for Snap with unchanged EPS estimates in the last 30 days. Snap’s Forward P/E ratio stands at 24.14, below its industry’s average of 26.68. The stock’s PEG ratio of 0.66 is favorable compared to the industry’s average of 2.

Zacks Investment Research highlights Snap as a stock to watch, with potential for significant growth in 2024. This report identifies 5 stocks poised for substantial gains, offering a chance to capitalize on overlooked opportunities in the market. Visit Zacks.com for more detailed information and analysis.



Read more at Nasdaq: Snap (SNAP) Stock Sinks As Market Gains: What You Should Know