Snap stock forecast: Will SNAP rebound above IPO price?
Snap (SNAP) was trading at $8.59 as of 11:09am (UTC) on 7 October 2025, within its intraday range of $8.23-$8.83, positioned near the midpoint of recent trading levels after gaining 18.33% over the past month.
Capital.com client sentiment remains strongly weighted towards buyers, with 96.72% long positions and 3.28% short positions on the CFD trading platform.
Recent gains reflect the broader strength in the technology sector, as the Nasdaq reached record highs above 25,000 (Reuters, 7 October 2025). Snap has also benefited from strategic initiatives, including CEO Evan Spiegel’s focus on ‘startup squads’ and the success of Snapchat+, which now generates approximately $700 million in annual recurring revenue (Yahoo Finance, 9 September 2025).
The stock has recovered from early October weakness, when it traded as low as $7.71, supported by active options trading, with 530,000 contracts traded on 3 October and call options representing 77.89% of total volume (Futubull, 3 October 2025).
Snap stock forecast: Analyst price target view
TipRanks (consensus poll)
Aggregated data from TipRanks, covering 28 analysts, indicates a 12-month average price target of $9.30, with a high estimate of $16.00 and a low of $7.00. The consensus suggests a cautious outlook amid ongoing advertising revenue pressures and competitive headwinds (TipRanks, 8 October 2025).
Wells Fargo (sector coverage)
Wells Fargo reduced its target to $8 from $7, maintaining an Equal Weight rating on 7 October 2025 (MarketBeat, 8 October 2025).
Mizuho Securities (initiation)
Mizuho began coverage with a Neutral rating and a $9.00 target on 29 September 2025, citing a mixed outlook for social media firms amid broader macroeconomic uncertainty. The firm aligned with the general consensus that a clearer revenue recovery is required before sentiment improves (MarketBeat, 8 October 2025).
Goldman Sachs (house view)
Goldman Sachs increased its price target to $9.00 from $8.50 while maintaining a Neutral rating. The firm cited volatile month-to-month revenues in Q2 but acknowledged management’s 'modestly more constructive picture' for Q3. It also highlighted growth in Snapchat+ and Sponsored Snaps as key revenue contributors (Investing.com UK, 6 August 2025).
Evercore ISI (analyst update)
Evercore ISI raised its target to $12.00 from $11.00, maintaining an In Line rating despite 'surprisingly soft' quarterly results. The upward revision resulted from a roll-forward of its valuation model, with the firm noting potential in augmented reality (AR) monetisation and subscription revenue (Investing.com UK, 6 August 2025).
Forecasts and market projections are inherently uncertain and subject to change. They do not account for unexpected economic or geopolitical developments. Past performance is not a reliable indicator of future outcomes.
SNAP stock price: Technical overview
Snap (SNAP) was trading at $8.59 as of 11:09am (UTC) on 7 October 2025, holding above its key moving average cluster, with the 20-, 50-, 100- and 200-day SMAs positioned around $8, $8, $8 and $9 respectively. The 20-over-50 alignment remains in place, keeping the near-term structure moderately constructive, as the price continues to trade above the shorter-term moving average band.
Momentum indicators suggest a neutral bias, with the 14-day RSI at 59.49, sitting in the upper-neutral zone, while the ADX reading of 28.15 indicates that a defined trend is still present. The MACD level of 0.18 continues to show a mild bullish crossover, though other oscillators remain broadly neutral, signalling ongoing range-bound consolidation.
The first resistance area lies near the $9.03 pivot (R1); a daily close above this level could bring the $10.34 region into focus and open the way towards higher resistance levels. On the downside, initial support is seen at $7.96, followed by the 100-day SMA around $8.32 – a sustained move below this point could weaken short-term momentum and expose the $6.65 region as the next potential support (TradingView, 7 October 2025).
This analysis is provided for informational purposes only and does not constitute financial advice or a recommendation to buy or sell any instrument.
Snap share price history
Snap shares were trading around $9.59 on 9 October 2023 before drifting lower through early summer 2024, as slower digital advertising growth and rising competition across social media weighed on performance. The stock rebounded towards late 2024, reaching $12.24 on 4 February 2025, supported by steadier user engagement and stronger-than-expected revenue over several quarters.
A broad market pullback followed in spring 2025, sending Snap to a two-year low of $6.97 on 27 August 2025, as persistent macroeconomic uncertainty and softer investor risk appetite pressured technology shares. Since late August, the share price has recovered gradually, closing at $8.59 on 7 October 2025, suggesting potential early signs of stabilisation in sentiment ahead of the third-quarter results.
Past performance is not a reliable indicator of future results.
Capital.com’s client sentiment for Snap CFDs
Capital.com clients are currently positioned 96.7% long and 3.3% short, indicating that the majority of open Snap CFD positions remain on the buy side, with a 93.4 percentage point difference between buyers and sellers (7 October 2025).
This data represents a snapshot of open positions on the Capital.com platform and may change over time.