SANTA MONICA, CA – Shares of social media company Snap Inc. (SNAP) are experiencing a significant rally in today’s trading session, with the stock jumping more than 7% to a price of $9.31. The powerful upward move is fueled by a surge in buying volume, signaling renewed investor confidence in the parent company of the popular Snapchat app.
After closing the previous day at $8.69, SNAP stock gapped up at the market open to 9.42**. This impressive performance demonstrates strong momentum and has captured the attention of the broader market. The trading volume was robust, reaching over 22 million shares before noon, indicating a high level of conviction behind the move.
This rally brings the stock closer to the consensus analyst 1-year target estimate of $9.70. The proximity of the current price to this target suggests that Wall Street sees the company’s value near these levels, with today’s move closing much of that perceived gap.
Despite the strong daily performance, Snap Inc. remains a growth-focused company working towards consistent profitability, as indicated by its negative EPS (TTM) of –
15.6 billion, it remains a major player in the digital advertising and social media landscape. An interesting metric is the stock’s Beta of 0.58, which suggests that over a longer-term five-year period, it has been significantly less volatile than the overall market.
For investors, today’s breakout in SNAP stock is a key development, pushing the share price well off its recent lows and signaling a potential shift in market sentiment.
Frequently Asked Questions (FAQ) about Snap Inc. (SNAP) Stock
Here are detailed answers to the most common questions investors may have about SNAP based on the provided data.
1. What is the current stock price of Snap Inc.?
As of 10:28:09 AM EDT, the price of Snap Inc. (SNAP) stock was $9.31 per share.
2. What is Snap’s stock ticker?
The company trades on the New York Stock Exchange (NYSE) under the ticker symbol SNAP.
3. How much did SNAP stock increase today?
At the time of the image, the stock was up $0.62, which represents a significant gain of +7.10% for the day.
4. Is Snap Inc. a profitable company?
Based on the provided data, Snap is not yet profitable on a trailing-twelve-month (TTM) basis. Its EPS (TTM) is negative at -$0.31, and it does not have a P/E Ratio.
5. What is the analyst price target for SNAP stock?
The 1-year target estimate from analysts for SNAP is $9.70. Today’s surge brings the stock price very close to this target.
6. Does Snap Inc. pay a dividend?
No. The “Forward Dividend & Yield” field is marked with a dash (—), indicating that SNAP does not pay a dividend to shareholders. The company retains earnings to fund growth and operations.
7. What is the 52-week high and low for SNAP stock?
The 52-week trading range for Snap is $7.08 to $17.33. Today’s price of $9.31 is in the lower half of that range, despite the strong daily rally.
8. What is the market capitalization of Snap Inc.?
The intraday market cap for Snap is $15.684 billion.
9. What was the trading range for SNAP today?
The day’s trading range, up to the point of the screenshot, was between $8.91 and $9.42.
10. What does SNAP’s Beta of 0.58 signify?
A Beta of 0.58 suggests that, over the past five years, SNAP stock has been 42% less volatile than the overall market. This is a historical measure and can be counterintuitive on days with large price swings.
11. What was the trading volume for SNAP?
The volume at the time of the image was 22,428,303 shares. The average daily volume for the stock is 38,855,227 shares.
12. When is the next earnings report for Snap?
The data lists an earnings date range of July 30, 2025 – August 4, 2025. Note: This may be a long-range placeholder. Investors should always verify the next upcoming quarterly earnings date from official sources.
