Snap (SNAP) Projected to Release Quarterly Earnings on Wednesday

Snap (NYSE:SNAP) is expected to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.0048 per share and revenue of $1.73 billion for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 5:00 PM ET.

Snap (NYSE:SNAP) last issued its earnings results on Monday, August 3rd. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.54 billion. Snap had a negative return on equity of 14.61% and a negative net margin of 4.90%. The firm’s revenue was up 18.9% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.16) EPS. On average, analysts expect Snap to post ($0.03) EPS for the current fiscal year and $0.08 EPS for the next fiscal year.

Snap Stock Up 0.3%

Shares of NYSE:SNAP opened at $5.36 on Monday. The business’s 50 day simple moving average is $5.76 and its two-hundred day simple moving average is $5.46. The firm has a market cap of $9.06 billion, a P/E ratio of -29.75 and a beta of 1.23. The company has a debt-to-equity ratio of 1.75, a quick ratio of 2.94 and a current ratio of 2.94. Snap has a 52-week low of $3.81 and a 52-week high of $9.13.

Analysts Set New Price Targets

SNAP has been the topic of a number of research reports. Piper Sandler reaffirmed a “neutral” rating on shares of Snap in a research report on Tuesday, August 4th. BMO Capital Markets restated an “outperform” rating on shares of Snap in a research note on Tuesday, August 4th. Truist Financial decreased their price target on shares of Snap from $8.00 to $7.00 and set a “hold” rating for the company in a research note on Tuesday, August 4th. Rosenblatt Securities lowered their price objective on shares of Snap from $6.40 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $6.50 price objective on shares of Snap in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, twenty-two have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Snap has an average rating of “Hold” and a consensus price target of $7.68.

Insider Activity

In related news, CFO Douglas Hott sold 131,884 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $5.20, for a total value of $685,796.80. Following the transaction, the chief financial officer owned 2,324,563 shares in the company, valued at approximately $12,087,727.60. This represents a 5.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CTO Robert Murphy sold 2,000,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $5.55, for a total value of $11,100,000.00. Following the completion of the sale, the chief technology officer directly owned 41,809,791 shares of the company’s stock, valued at $232,044,340.05. This represents a 4.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 2,445,926 shares of company stock worth $13,426,930.

Snap Company Profile

Snap Inc is a technology and social media company best known for Snapchat, a visual messaging and social networking application. Snapchat enables users to communicate through photos, videos, messages and Stories, while offering creative tools such as augmented reality (AR) Lenses and filters. The platform also includes features such as Snap Map, Spotlight and content from publishers and creators.

Snap generates most of its revenue from digital advertising, including video, augmented reality and other advertising formats delivered across Snapchat.