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In the latest close session, Snap (SNAP - Free Report) was up +1.51% at $6.07. The stock's change was more than the S&P 500's daily gain of 1.02%. At the same time, the Dow added 1.62%, and the tech-heavy Nasdaq gained 0.89%.
The stock of company behind Snapchat has risen by 22.04% in the past month, leading the Computer and Technology sector's gain of 20.71% and the S&P 500's gain of 12.23%.
The investment community will be paying close attention to the earnings performance of Snap in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company is forecasted to report an EPS of $0.09, showcasing a 125% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.52 billion, up 11.53% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.54 per share and revenue of $6.72 billion, which would represent changes of +63.64% and +13.27%, respectively, from the prior year.
Any recent changes to analyst estimates for Snap should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 24.78% higher. Currently, Snap is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Snap currently has a Forward P/E ratio of 11.15. This denotes a discount relative to the industry average Forward P/E of 18.9.
It is also worth noting that SNAP currently has a PEG ratio of 0.25. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
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Snap (SNAP) Laps the Stock Market: Here's Why
In the latest close session, Snap (SNAP - Free Report) was up +1.51% at $6.07. The stock's change was more than the S&P 500's daily gain of 1.02%. At the same time, the Dow added 1.62%, and the tech-heavy Nasdaq gained 0.89%.
The stock of company behind Snapchat has risen by 22.04% in the past month, leading the Computer and Technology sector's gain of 20.71% and the S&P 500's gain of 12.23%.
The investment community will be paying close attention to the earnings performance of Snap in its upcoming release. The company is slated to reveal its earnings on May 6, 2026. The company is forecasted to report an EPS of $0.09, showcasing a 125% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.52 billion, up 11.53% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $0.54 per share and revenue of $6.72 billion, which would represent changes of +63.64% and +13.27%, respectively, from the prior year.
Any recent changes to analyst estimates for Snap should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 24.78% higher. Currently, Snap is carrying a Zacks Rank of #3 (Hold).
Digging into valuation, Snap currently has a Forward P/E ratio of 11.15. This denotes a discount relative to the industry average Forward P/E of 18.9.
It is also worth noting that SNAP currently has a PEG ratio of 0.25. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 1.07 based on yesterday's closing prices.
The Internet - Software industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 72, which puts it in the top 30% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.