Snap Inc. (SNAP, Financial) is seeing a relatively low level of options activity, with 53,000 contracts changing hands. The current trend shows more calls being traded than puts, resulting in a put/call ratio of 0.27 compared to the usual 0.51. This indicates a tilt towards bullish sentiment among traders.
In terms of volatility, the 30-day implied volatility (IV30) for SNAP has increased slightly by 1.37 to reach 50.0, placing it in the lower quartile. This suggests traders expect a daily price fluctuation of around $0.28. Additionally, the flattening of the put-call skew indicates a modestly positive outlook for the stock.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 34 analysts, the average target price for Snap Inc (SNAP, Financial) is $9.71 with a high estimate of $16.00 and a low estimate of $6.50. The average target implies an upside of 7.60% from the current price of $9.03. More detailed estimate data can be found on the Snap Inc (SNAP) Forecast page.
Based on the consensus recommendation from 44 brokerage firms, Snap Inc's (SNAP, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Snap Inc (SNAP, Financial) in one year is $13.35, suggesting a upside of 47.92% from the current price of $9.025. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Snap Inc (SNAP) Summary page.
