Snap Inc. (NYSE:SNAP) will release earnings for its first quarter after the closing bell on Wednesday, May 6.
Analysts expect the Santa Monica, California-based company to report a quarterly loss of 7 cents per share, versus a loss of 8 cents per share in the year-ago period. The consensus estimate for Snap's quarterly revenue is $1.53 billion (it reported $1.36 billion last year), according to Benzinga Pro.
As per the recent news, Snap CEO Evan Spiegel announced the departure of Chief Financial Officer Derek Andersen after nearly eight years with the company.
Shares of Snap fell 1% to close at $6.11 on Tuesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Stifel analyst Mark Kelley maintained a Hold rating and raised the price target from $4.5 to $5.25 on April 21, 2026. This analyst has an accuracy rate of 82%.
- BMO Capital analyst Brian Pitz maintained an Outperform rating and raised the price target from $13 to $15 on April 16, 2026. This analyst has an accuracy rate of 68%.
- Guggenheim analyst Michael Morris maintained a Neutral rating with a price target of $6.5 on April 16, 2026. This analyst has an accuracy rate of 70%.
- Rosenblatt analyst Barton Crockett maintained a Neutral rating with a price target of $6.4 on April 16, 2026. This analyst has an accuracy rate of 68%.
- Citigroup analyst Ronald Josey maintained a Neutral rating and increased the price target from $6 to $7 on April 15, 2026. This analyst has an accuracy rate of 74%
Considering buying SNAP stock? Here’s what analysts think:
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