Additionally, the market-implied volatility forecast was 75% (annualized) through the middle of 2022 and 63% to the beginning of 2023.Īccording to our prediction method, the stock’s future price will be 53.249362675262$ (415.982%) after a year. The market-suggested prognosis was negative through early 2023 as of April 14th, indicating that the shares were anticipated to fall further. When analyzing a stock, users also consider the market-implied outlook, which is a probabilistic price return projection that reflects the consensus view among option buyers and sellers. The stock might conclude the year at $14.318, according to Gov Capital’s SNAP stock forecast for 2022. Trading Economics, an economic data source, was less enthusiastic, projecting a SNAP stock price of $9.76 by the end of the fourth quarter and $8.85 in a year. These analysts set a high price objective of $19 and a low-price target of $7. According to, the loss has reduced the company’s market capitalization to $16.53 billion as of November 1st, down from $131.48 billion in September last year, when the stock closed at an all-time high.Īs of November 2 nd, 2022, the stock had a consensus rating of “hold” from 28 Wall Street analysts polled by TipRanks, with 19 analysts recommending “hold,” two recommending “sell,” and seven recommending “buy.”Īnalysts predicted that SNAP stock will average $10.62 in the next 12 months, a 5.88% increase from the previous price. The SNAP stock price closed at $9.93 on November 1, 2022, or around 41.6% less than its IPO price of $17. Following poor second-quarter earnings, the company’s stock dropped 39% on July 23. On May 23, 2022, the stock dropped 43% to $12.79 a share when the firm reduced its revenue and EBITDA targets for 2022. SNAP has lost -$0.69 per share in the last year. The S&P 500 has dropped -14.99% in the last year, while SNAP has dropped -79.78%. SNAP is steady from its previous close of $9.96 on volume of 6,503,863 shares. 22, Snap Inc (SNAP) stock is down 0%, while the S&P 500 is up 0.79%. SNAP stock chart by TradingView SNAP Stock Forecast 2022Īs of 10:52 a.m.
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