Snap Inc. (SNAP)

Learn everything you need to know about Snap Inc. and find links to beginner-friendly guides that show you the best way to invest in it.
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Updated: Feb 28, 2023
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About Snap Inc.

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What is Snap Inc.?

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Snap Inc is social networking messaging app company. Headquartered in Santa Monica, California and founded in 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown, its flagship product, Snapchat, has grown into one of the most popular apps, with over 300 million users.

Snapchat lets users send pictures and short views that can be viewed for a limited amount of time before disappearing. It also has various other features, such as filters, lenses, and AR gaming.

How does Snap Inc. make money?

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It makes money primarily through advertising. Snap Inc lets businesses run their own ad campaigns and sponsor lenses, filters, and stories. Snap Inc also earns money through its hardware products, including its smartglasses known as Spectacles. These glasses let users record videos from a first-person perspective, which can then be shared on Snapchat.

What is Snap Inc.’s best selling product?

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The Snapchat app is the company’s most popular product and has over 350 million daily active users globally, making it one of the most used social media platforms. Almost all of its revenue comes from advertising. In 2021 it made $3.1 billion from advertising, and in 2022, it earned $4.12 billion.

Who are the key executives at Snap Inc.?

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Its co-founder, Evan Spiegel, is its current CEO. Here’s a selection of some other key executives at Snap Inc.

  • Evan T. Spiegel. Co-Founder, CEO & Director
  • Robert Murphy. Co-Founder, CTO & Director
  • Derek Andersen. Chief Financial Officer
  • Jerry James Hunter. Chief Operating Officer
  • Rebecca Morrow. Chief Accounting Officer & Controller
  • Michael O’Sullivan. Gen. Counsel & Sec.
  • David Ometer. Head of Investor Relations
  • Julie Henderson. Chief Communications Officer
  • Kenneth Mitchell Jr. Chief Marketing Officer
  • Scott Withycombe. Chief People Officer

Where can I buy shares in Snap Inc.?

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You can buy Snap Inc. stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Snap Inc.?

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The simplest way to invest in Snap Inc. is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Snap Inc. is part of the NYSE index, so you can invest in an ETF that tracks that index, or choose a technology ETF that lets you own a basket of related stocks from the same industry.

More about the SNAP price

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What is the Snap Inc. stock price today?

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The SNAP stock price today is currently $10.09 as of 28 February, 2023. The price of Snap Inc. is DOWN 74.59% over the last 52 weeks. You can use the live Snap Inc. stock chart to track the NYSE:SNAP price in real time above, or compare the Snap Inc. value today to its past performance using the Snap Inc. financials tab at the top of this page.

What is the 52-week low for Snap Inc. stock?

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The 52-week low for Snap Inc. stock is $7.33. SNAP stock is currently 37.70% above the 52-week low.

What is the 52-week high for Snap Inc. stock?

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The 52-week high for Snap Inc. stock is $39.80. SNAP stock is currently 74.48% below the 52-week high.

What is the stock forecast for Snap Inc.?

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The average Snap Inc. stock forecast has a price target of $11.47 by the end of 2023. Snap Inc.’s latest financial results, the broader economic outlook, and the amount of competition in the industry all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

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FAQs

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Does Snap Inc. pay a dividend?

Latest Snap Inc. news

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Recent Snap Inc analysis

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.