Investment Analysts’ Weekly Ratings Updates for Snap (SNAP)

A number of firms have modified their ratings and price targets on shares of Snap (NYSE: SNAP) recently:

• 6/17/2026 – Snap was given a new $8.00 price target by Truist Financial Corporation.
• 6/17/2026 – Snap had its “hold” rating reaffirmed by Benchmark Co..
• 6/17/2026 – Snap had its “neutral” rating reaffirmed by Piper Sandler.
• 6/17/2026 – Snap had its “market perform” rating reaffirmed by Citigroup Inc..
• 5/18/2026 – Snap had its “neutral” rating reaffirmed by Citigroup Inc..
• 5/17/2026 – Snap was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/12/2026 – Snap was downgraded by Freedom Capital from “strong-buy” to “hold”.
• 5/9/2026 – Snap was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/7/2026 – Snap had its price target lowered by The Goldman Sachs Group, Inc. from $8.00 to $7.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – Snap was given a new $8.00 price target by UBS Group AG.
• 5/7/2026 – Snap had its price target lowered by JPMorgan Chase & Co. from $7.00 to $6.00. They now have an “underweight” rating on the stock.
• 5/7/2026 – Snap had its price target lowered by Royal Bank Of Canada from $10.00 to $8.00. They now have a “sector perform” rating on the stock.
• 5/7/2026 – Snap had its price target raised by Wells Fargo & Company from $6.00 to $7.00. They now have an “equal weight” rating on the stock.

Insider Buying and Selling

In related news, insider Ajit Mohan sold 44,785 shares of Snap stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $5.60, for a total transaction of $250,796.00. Following the completion of the transaction, the insider directly owned 5,057,891 shares of the company’s stock, valued at $28,324,189.60. This trade represents a 0.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, General Counsel Zachary M. Briers sold 129,493 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $5.60, for a total transaction of $725,160.80. Following the sale, the general counsel directly owned 2,644,538 shares in the company, valued at $14,809,412.80. The trade was a 4.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 2,907,554 shares of company stock worth $16,093,619 over the last 90 days.

Snap Inc is a camera and social media company best known for developing and operating Snapchat, a multimedia messaging application that allows users to send photos, videos and messages that disappear after being viewed. In addition to its core messaging service, Snap offers a suite of augmented reality (AR) tools, including custom Lenses and Filters, that enable users and third-party developers to create interactive and immersive experiences. The company also provides advertising solutions that allow brands to engage audiences through Snap Ads, Sponsored Lenses and Discover content on the platform.

Founded in 2011 by Evan Spiegel and Bobby Murphy, Snap has continually focused on innovation in camera technology and AR.