Snap's stock rose 1.66% but underperformed the market, set to report positive earnings.

From Nasdaq: 2025-04-11 18:15:00

In the latest trading session, Snap (SNAP) closed at $7.96, up 1.66% from the previous day. However, it underperformed the S&P 500, which saw a 1.81% gain. The Dow rose by 1.56% and the Nasdaq, a tech-heavy index, increased by 2.06%.

Snap’s shares have decreased by 6.45% in the last month, compared to the Computer and Technology sector’s loss of 7.27% and the S&P 500’s loss of 6.14%.

Snap is set to report earnings on April 29, 2025, with an estimated EPS of $0.04, up 33.33% from the same quarter last year. The Zacks Consensus Estimate for revenue is $1.35 billion, a 12.77% increase from the previous year.

Analyst estimates for Snap have been revised recently, reflecting short-term business trends. Positive revisions indicate optimism about the company’s performance. Snap currently holds a Zacks Rank of #3 (Hold).

Snap’s Forward P/E ratio is 22.06, lower than the industry’s average of 24.57. The company also has a PEG ratio of 0.72, indicating potential growth. The Internet – Software industry has an average PEG ratio of 1.85.

Global semiconductor manufacturing is projected to grow from $452 billion in 2021 to $803 billion by 2028. A top chip stock recommended by Zacks is positioned to benefit from this growth with strong earnings and an expanding customer base.



Read more at Nasdaq: Snap (SNAP) Rises Yet Lags Behind Market: Some Facts Worth Knowing