Snap Inc. (SNAP, Financial) has unveiled a significant advancement in wearable technology with its upcoming release of innovative Specs, expected in 2026. Announced at the Augmented World Expo 2025, these lightweight glasses are designed as powerful wearable computers. They feature see-through lenses that enhance real-world experiences with digital interactions.
The new Specs are crafted to leverage advanced machine learning, enabling augmented reality experiences, including shared games and digital interactions with friends. They also serve as versatile workstations for activities like browsing and streaming. Snap's CEO, Evan Spiegel, emphasized the company's vision for seamlessly integrating digital and physical realms, marking a revolutionary step in computing. This aligns with Snap's belief that these Specs represent the pinnacle of personal computing technology.
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 $9.59 with a high estimate of $15.00 and a low estimate of $6.50. The average target implies an upside of 9.70% from the current price of $8.75. 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 $13.46, suggesting a upside of 53.92% from the current price of $8.745. 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.
