+Compare
SNAP
Stock ticker:
NYSE
AS OF
Sep 23 closing price
Price
$10.31
Change
-$0.16 (-1.53%)
Capitalization
17.02B

SNAP Price Prediction, Snap AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar
GET INTRADAY SIGNALS
SNAP Trading results, last 6 months
AI Robots NameP/L
AI
A.I.Advisor
a Summary for AAPL with price predictions
12:00 AM EDT Sep 23, 2022

SNAP in downward trend: 10-day moving average broke below 50-day moving average on September 23, 2022

The 10-day moving average for SNAP crossed bearishly below the 50-day moving average on September 23, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 21, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on SNAP as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for SNAP turned negative on September 20, 2022. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 40 similar instances when the indicator turned negative. In of the 40 cases the stock turned lower in the days that followed. This puts the odds of success at .

SNAP moved below its 50-day moving average on September 16, 2022 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SNAP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SNAP broke above its upper Bollinger Band on September 08, 2022. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SNAP advanced for three days, in of 298 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.941) is normal, around the industry mean (16.857). P/E Ratio (0.000) is within average values for comparable stocks, (45.816). Projected Growth (PEG Ratio) (5.636) is also within normal values, averaging (4.394). Dividend Yield (0.000) settles around the average of (0.023) among similar stocks. P/S Ratio (3.659) is also within normal values, averaging (9.993).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. SNAP’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. SNAP’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.

AI
A.I.Advisor
published price charts
AI
A.I. Advisor
published Earnings

SNAP is expected to report earnings to fall 12.69% to -22 cents per share on October 25

Snap SNAP Stock Earnings Reports
Q3'22
Est.
$-0.23
Q2'22
Missed
by $0.05
Q1'22
Missed
by $0.05
Q4'21
Beat
by $0.10
Q3'21
Beat
by $0.05
The last earnings report on July 21 showed earnings per share of -25 cents, missing the estimate of -20 cents. With 23.83M shares outstanding, the current market capitalization sits at 17.02B.
AI
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Baidu (NASDAQ:BIDU), Twitter (NYSE:TWTR), Spotify Technology SA (NYSE:SPOT), Snap (NYSE:SNAP), Pinterest (NYSE:PINS), Twilio (NYSE:TWLO), Tencent Music Entertainment Group (NYSE:TME).

Industry description

Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.

Market Cap

The average market capitalization across the Internet Software/Services Industry is 34.33B. The market cap for tickers in the group ranges from 1.11K to 1.29T. GOOGL holds the highest valuation in this group at 1.29T. The lowest valued company is MSEZ at 1.11K.

High and low price notable news

The average weekly price growth across all stocks in the Internet Software/Services Industry was -5%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was -12%. QQQFF experienced the highest price growth at 78%, while OOOOF experienced the biggest fall at -47%.

Volume

The average weekly volume growth across all stocks in the Internet Software/Services Industry was -36%. For the same stocks of the Industry, the average monthly volume growth was 7% and the average quarterly volume growth was 8%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 46
P/E Growth Rating: 70
Price Growth Rating: 73
SMR Rating: 51
Profit Risk Rating: 91
Seasonality Score: -8 (-100 ... +100)
AI
View a ticker or compare two or three
SNAP
Buy/Sell Ratings
 
 
Technical Analysis# Of IndicatorsAvg. Odds
   
   
 
AI
A.I. Advisor
published General Information

General Information

a developer of a text and photo based messaging application for mobile phones

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
3000 31st Street
Phone
+1 310 399-3339
Employees
5661
Web
http://www.snap.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
CMAX7.25N/A
N/A
CareMax
MGM30.05-0.56
-1.83%
MGM Resorts International
AGTI16.33-0.39
-2.33%
Agiliti
HCTI0.40-0.07
-14.26%
Healthcare Triangle
ANIX5.13-0.97
-15.90%
Anixa Biosciences

SNAP and

Correlation & Price change

A.I.dvisor indicates that over the last year, SNAP has been closely correlated with PINS. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNAP jumps, then PINS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SNAP
1D Price
Change %
SNAP100%
-1.34%
PINS - SNAP
71%
Closely correlated
-2.67%
META - SNAP
58%
Loosely correlated
-1.69%
SPOT - SNAP
55%
Loosely correlated
-3.36%
PERI - SNAP
55%
Loosely correlated
-4.26%
TWLO - SNAP
53%
Loosely correlated
-2.35%
More