Snap (SNAP) to Post Earnings on Monday

Snap (NYSE:SNAP) is projected to post its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect Snap to announce earnings of ($0.1203) per share and revenue of $1.5377 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Monday, August 3, 2026 at 5:00 PM ET.

Snap (NYSE:SNAP) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.14). The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.53 billion. Snap had a negative net margin of 6.72% and a negative return on equity of 18.92%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.08) earnings per share. On average, analysts expect Snap to post $-0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Snap Trading Down 0.1%

Shares of SNAP opened at $4.34 on Monday. The stock has a market capitalization of $7.34 billion, a P/E ratio of -18.10 and a beta of 1.05. Snap has a twelve month low of $3.81 and a twelve month high of $9.90. The company has a quick ratio of 3.53, a current ratio of 3.53 and a debt-to-equity ratio of 1.67. The firm has a fifty day simple moving average of $5.07 and a two-hundred day simple moving average of $5.50.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Piper Sandler reaffirmed a “neutral” rating on shares of Snap in a research note on Wednesday, June 17th. Sanford C. Bernstein reissued a “market perform” rating and issued a $5.00 target price on shares of Snap in a research note on Tuesday, July 21st. Mizuho lowered their price target on Snap from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Wednesday. UBS Group dropped their price objective on Snap from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, Guggenheim reiterated a “neutral” rating and issued a $6.50 price objective on shares of Snap in a research report on Thursday, April 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twenty-five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, Snap currently has an average rating of “Hold” and an average target price of $7.23.

Insider Transactions at Snap

In other news, CTO Robert C. Murphy sold 343,945 shares of the firm’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $5.88, for a total value of $2,022,396.60. Following the completion of the sale, the chief technology officer directly owned 4,963,581 shares of the company’s stock, valued at approximately $29,185,856.28. This trade represents a 6.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Douglas Hott sold 114,702 shares of Snap stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $5.67, for a total transaction of $650,360.34. Following the sale, the chief financial officer directly owned 2,456,447 shares in the company, valued at $13,928,054.49. The trade was a 4.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 2,868,059 shares of company stock worth $15,855,631.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SNAP. Allworth Financial LP lifted its stake in shares of Snap by 92.3% in the 3rd quarter. Allworth Financial LP now owns 3,293 shares of the company’s stock valued at $25,000 after purchasing an additional 1,581 shares during the period. Arax Advisory Partners boosted its position in shares of Snap by 220.0% during the fourth quarter. Arax Advisory Partners now owns 3,309 shares of the company’s stock valued at $27,000 after purchasing an additional 2,275 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Snap in the third quarter worth $39,000. Los Angeles Capital Management LLC purchased a new stake in Snap in the fourth quarter worth $41,000. Finally, Itau Unibanco Holding S.A. raised its holdings in Snap by 67.2% in the fourth quarter. Itau Unibanco Holding S.A. now owns 7,103 shares of the company’s stock worth $57,000 after purchasing an additional 2,854 shares in the last quarter. Hedge funds and other institutional investors own 47.52% of the company’s stock.

Snap Company Profile

Snap Inc is a camera and social media company best known for developing and operating Snapchat, a multimedia messaging application that allows users to send photos, videos and messages that disappear after being viewed. In addition to its core messaging service, Snap offers a suite of augmented reality (AR) tools, including custom Lenses and Filters, that enable users and third-party developers to create interactive and immersive experiences. The company also provides advertising solutions that allow brands to engage audiences through Snap Ads, Sponsored Lenses and Discover content on the platform.

Founded in 2011 by Evan Spiegel and Bobby Murphy, Snap has continually focused on innovation in camera technology and AR.