Piper Sandler and Truist Lower SNAP Price Targets

This update comes aft the company’s latest net report. Revenue came successful astir 1% supra Piper Sandler’s expectations and EBITDA was 18% higher than the firm’s forecast. Despite these results, Piper Sandler pointed to weaker trends successful regular progressive users (DAUs) and higher projected expenses successful the twelvemonth up arsenic cardinal reasons for cutting the terms target. The probe steadfast lowered its fiscal twelvemonth 2026 EBITDA estimation for Snap Inc. (NYSE:SNAP) by 9%.

On February 6, Truist Securities besides reduced its terms people connected Snap Inc. (NYSE:SNAP) from $11 to $8 and maintained its Hold standing connected the stock. This accommodation came aft the institution reported Q4 2025 results and provided Q1 2026 guidance, which Truist Securities sees arsenic “relatively successful line” with expectations.

The probe steadfast pointed retired that Snap Inc. (NYSE:SNAP) has shown coagulated outgo absorption against advertizing growth, which remains muted astatine 5%.

Snap Inc. (NYSE:SNAP) is an American exertion and societal media institution that develops and maintains technological products and services. The company’s halfway products see Snapchat, Lens Studio, and Spectacles.

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