Snap Inc Surges to 164th in Trading Volume with $517 Million in Shares Exchanged

Generated by AI AgentAinvest Volume Radar
Friday, Jun 27, 2025 7:55 pm ET1min read

On June 27, 2025, Snap Inc. (SNAP) saw a significant surge in trading volume, with a total of $517 million in shares exchanged, marking a 120.3% increase from the previous day. This surge placed Snap at the 164th position in terms of trading volume for the day. The stock price of Snap also rose by 7.19%, marking the second consecutive day of gains, with a total increase of 8.66% over the past two days.

Snap's stock price jumped ahead of its Q2 2025 earnings report, scheduled for release on Monday. Analysts from Edgewater Research have set a relatively low bar for the company's earnings, suggesting that Snap is likely to surpass analysts' estimates. The firm's revenue estimate for Snap is $1.362 billion, higher than Wall Street's average estimate of $1.343 billion. Despite ongoing macroeconomic concerns, Snap has shown progress in its Direct Response segment.

Investors are optimistic about Snap's earnings report, with the stock price rising by 6.76% in the morning trading session. The heavy trading volume, with 26.94 million shares exchanged, indicates strong investor interest. Despite the recent rally, Snap's stock is still down 19.31% year-to-date and 50.99% over the past 12 months.

Wall Street analysts have a mixed outlook on Snap, with a consensus estimate of Hold. This is based on six Buy ratings, 24 Hold ratings, and one Sell rating over the past three months. The average price target for Snap stock is $9.68, representing a potential 11.07% upside from the current price.

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