Critical Insights From Snap Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Snap (NYSE:SNAP) has been analyzed by 19 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target has decreased by 13.96% to $12.26. Analysts have adjusted their ratings and price targets, reflecting their views on Snap's current market position. Despite a positive revenue growth rate of 15.84%, Snap faces challenges with a high debt-to-equity ratio and negative ROE and ROA.
October 23, 2024 | 1:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Snap's average 12-month price target has decreased by 13.96% to $12.26, with analysts showing mixed ratings. Despite a positive revenue growth rate of 15.84%, Snap faces challenges with a high debt-to-equity ratio and negative ROE and ROA.
The decrease in the average price target and the mixed analyst ratings suggest a negative short-term outlook for Snap. The company's financial challenges, such as high debt and negative ROE/ROA, further contribute to this negative sentiment despite positive revenue growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100