SNAP

SNAP Earnings Preview

Snap Inc. · Communication Services · $10B

14d until earnings

SNAP Earnings

Wednesday, May 06 2026
EPS Estimate
$0.09
$0.06 – $0.14
Revenue Estimate
$1.5B
Current Price
$6.00

Our Position

bearish

Snap cuts 1,000 jobs, eyes $500M savings

structured data est. revisions rising (+9.7pp / 30d)

The heavy layoffs and cost cuts mark an urgent shift to improve Snap's profitability amid ongoing revenue growth but mixed analyst sentiment and substantial insider selling.

Watch: Watch Snap's Q2 results for execution on cost savings and profitability growth amid restructuring.

Data Signal Summary

2 bullish
2 bearish
Estimates up +9% Insider selling cluster Put/call 0.1 (bullish skew) Price downtrend

Key Context

Analyst Consensus
mixed
Insider Activity
selling
Price Trend
downtrend
From 52w High
-0.7%
Est. Revisions (30d)
+9.1% 0up/4dn
Analyst Target (mean)
$8 $4–$15 +32%
Options P/C Ratio
0.12
Est. Dispersion
79% 27 analysts
Insider Cluster
strong sell
Fund Convergence
strong Citadel, Two Sigma, Renaissance, D.E. Shaw, Soros

Recent Activity

insider trades 152 transactions
Sell · MORROW REBECCA (Officer) ·8,923 shares ·$81,235
Sell · SPIEGEL EVAN (Chief Executive Officer) ·1,000,000 shares ·$5,041,200
Sell · ANDERSEN DEREK (Chief Financial Officer) ·92,956 shares ·$427,058
Sell · MOHAN AJIT (Officer) ·27,743 shares ·$127,474
Award · MORROW REBECCA (Officer) ·66,033 shares
147 more
Sell · MORROW REBECCA ·19,674 shr ·$92,939
Sell · BRIERS ZACHARY M ·203,325 shr ·$958,120
Sell · ANDERSEN DEREK ·63,041 shr ·$296,331
Sell · MOHAN AJIT ·119,339 shr ·$561,060
Other · MURPHY ROBERT C. ·601,453 shr
Sell · MURPHY ROBERT C. ·2,000,000 shr ·$10,625,800
Award · ANDERSEN DEREK ·983,607 shr
Sell · MOHAN AJIT ·20,848 shr ·$158,953
Sell · ANDERSEN DEREK ·23,715 shr ·$185,594
Other · SPIEGEL EVAN ·364,078 shr
Sell · SPIEGEL EVAN ·1,220,165 shr ·$10,066,361
Other · SPIEGEL EVAN ·752,823 shr
Sell · SPIEGEL EVAN ·1,258,850 shr ·$10,072,059
Award · MCRAE MATTHEW BLAKE ·20,653 shr
Sell · MORROW REBECCA ·13,873 shr ·$101,381
Sell · ANDERSEN DEREK ·34,535 shr ·$249,122
Sell · MOHAN AJIT ·28,137 shr ·$202,952
Sell · SPIEGEL EVAN ·1,259,900 shr ·$10,086,752
Award · MORROW REBECCA ·30,451 shr
Award · BRIERS ZACHARY M ·2,988,793 shr
Sell · O'SULLIVAN MICHAEL J ·70,882 shr ·$591,021
Sell · MORROW REBECCA ·12,699 shr ·$105,936
Sell · ANDERSEN DEREK ·79,280 shr ·$662,218
Sell · MOHAN AJIT ·109,372 shr ·$912,250
Other · MURPHY ROBERT C. ·297,349 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$8,003,700
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$185,623
Sell · MOHAN AJIT ·28,238 shr ·$221,118
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$188,544
Sell · O'SULLIVAN MICHAEL J ·14,290 shr ·$108,281
Sell · MORROW REBECCA ·2,501 shr ·$18,901
Sell · ANDERSEN DEREK ·33,871 shr ·$255,973
Sell · MOHAN AJIT ·27,595 shr ·$208,538
Award · MORROW REBECCA ·45,716 shr
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$171,857
Sell · JENKINS ELIZABETH ·7,900 shr ·$55,853
Sell · O'SULLIVAN MICHAEL J ·68,705 shr ·$493,082
Sell · MORROW REBECCA ·10,216 shr ·$73,267
Sell · ANDERSEN DEREK ·60,966 shr ·$437,431
Sell · MOHAN AJIT ·184,287 shr ·$1,322,315
Other · SPIEGEL EVAN ·1,394,701 shr
Sell · SPIEGEL EVAN ·1,410,755 shr ·$10,259,981
Sell · SPIEGEL EVAN ·2,737,150 shr ·$19,995,137
Award · COLES JOANNA ·33,157 shr
Other · MURPHY ROBERT C. ·304,098 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$7,800,100
Award · LYNTON MICHAEL M ·33,157 shr
Award · MILLER SCOTT D ·33,157 shr
Award · THORPE POPPY ·33,157 shr
Award · SPENCE PATRICK ·33,157 shr
Award · LANZONE JAMES ·33,157 shr
Award · COFFEY KELLY ·33,157 shr
Award · JENKINS ELIZABETH ·33,157 shr
Award · VARGAS FIDEL ·33,157 shr
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$229,591
Sell · MOHAN AJIT ·28,201 shr ·$265,002
Award · MOHAN AJIT ·3,177,639 shr
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$208,978
Sell · O'SULLIVAN MICHAEL J ·14,297 shr ·$114,951
Sell · MORROW REBECCA ·2,578 shr ·$20,721
Sell · ANDERSEN DEREK ·33,886 shr ·$272,454
Sell · MOHAN AJIT ·27,608 shr ·$221,957
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$195,540
Sell · O'SULLIVAN MICHAEL J ·68,845 shr ·$591,695
Sell · MORROW REBECCA ·9,202 shr ·$79,065
Sell · ANDERSEN DEREK ·269,593 shr ·$2,407,584
Sell · YOUNG ERIC ·117,592 shr ·$1,010,609
Award · MORROW REBECCA ·30,751 shr
Other · MURPHY ROBERT C. ·302,084 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$8,025,400
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$185,875
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$206,386
Sell · O'SULLIVAN MICHAEL J ·14,183 shr ·$125,216
Sell · MORROW REBECCA ·2,560 shr ·$22,593
Sell · ANDERSEN DEREK ·56,338 shr ·$491,862
Other · MURPHY ROBERT C. ·301,240 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$9,037,200
Award · YOUNG ERIC ·154,321 shr
Sell · O'SULLIVAN MICHAEL J ·24,000 shr ·$243,828
Sell · O'SULLIVAN MICHAEL J ·69,119 shr ·$749,450
Sell · MORROW REBECCA ·8,837 shr ·$95,828
Sell · ANDERSEN DEREK ·61,334 shr ·$665,020
Sell · YOUNG ERIC ·159,652 shr ·$1,728,244
Sell · SPIEGEL EVAN ·150,000 shr ·$1,571,715
Other · MURPHY ROBERT C. ·44,608 shr
Award · O'SULLIVAN MICHAEL J ·1,326,093 shr
Award · MORROW REBECCA ·8,477 shr
Award · ANDERSEN DEREK ·1,449,552 shr
Award · YOUNG ERIC ·895,256 shr
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$206,903
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$195,104
Sell · ANDERSEN DEREK ·111,953 shr ·$1,290,944
Sell · O'SULLIVAN MICHAEL J ·56,961 shr ·$651,816
Sell · MORROW REBECCA ·2,812 shr ·$32,182
Sell · MORROW REBECCA ·32,000 shr ·$397,482
Sell · COLES JOANNA ·303 shr ·$3,788
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$213,932
Sell · YOUNG ERIC ·50,000 shr ·$526,765
Sell · O'SULLIVAN MICHAEL J ·12,315 shr ·$129,857
Sell · MORROW REBECCA ·11,154 shr ·$117,635
Sell · YOUNG ERIC ·112,020 shr ·$1,181,285
Sell · COLES JOANNA ·1,666 shr ·$20,209
Sell · SPIEGEL EVAN ·150,000 shr ·$1,878,525
Other · MURPHY ROBERT C. ·347,833 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$12,504,800
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$221,670
Sell · COLES JOANNA ·6,434 shr ·$77,208
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$194,623
Award · LANZONE JAMES ·22,315 shr
Sell · O'SULLIVAN MICHAEL J ·59,053 shr ·$548,638
Sell · MORROW REBECCA ·2,459 shr ·$22,842
Sell · ANDERSEN DEREK ·97,608 shr ·$906,905
Award · MORROW REBECCA ·6,272 shr
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$167,476
Sell · O'SULLIVAN MICHAEL J ·12,512 shr ·$113,933
Sell · YOUNG ERIC ·115,915 shr ·$1,844,184
Sell · ANDERSEN DEREK ·26,682 shr ·$419,350
Award · O'SULLIVAN MICHAEL J ·255,926 shr
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$271,802
Sell · SPIEGEL EVAN ·150,000 shr ·$2,153,025
Sell · MOHAN AJIT ·28,058 shr ·$168,850
Sell · BRIERS ZACHARY M ·11,437 shr ·$69,079
Sell · JENKINS ELIZABETH ·9,965 shr ·$91,578
Sell · YOUNG ERIC ·114,097 shr ·$1,039,047
Sell · SPIEGEL EVAN ·150,000 shr ·$1,327,380
Other · MURPHY ROBERT C. ·342,824 shr
Sell · MURPHY ROBERT C. ·1,000,000 shr ·$8,688,800
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$239,065
Sell · JENKINS ELIZABETH ·1,735 shr ·$23,422
Sell · LYNTON MICHAEL M ·11,700 shr ·$160,757
Award · COLES JOANNA ·15,891 shr
Award · LYNTON MICHAEL M ·15,891 shr
Award · MILLER SCOTT D ·15,891 shr
Award · THORPE POPPY ·15,891 shr
Award · SPENCE PATRICK ·15,891 shr
Award · COFFEY KELLY ·15,891 shr
Award · JENKINS ELIZABETH ·15,891 shr
Award · VARGAS FIDEL ·15,891 shr
Sell · COLES JOANNA ·1,188 shr ·$20,053
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$298,100
Sell · O'SULLIVAN MICHAEL J ·58,924 shr ·$913,811
Sell · MORROW REBECCA ·2,415 shr ·$37,444
Sell · ANDERSEN DEREK ·122,429 shr ·$1,896,164
Sell · COLES JOANNA ·3,950 shr ·$59,922
Sell · O'SULLIVAN MICHAEL J ·18,000 shr ·$270,241
Sell · O'SULLIVAN MICHAEL J ·12,695 shr ·$201,965
Sell · MORROW REBECCA ·8,913 shr ·$141,800
analyst ratings 7 ratings
Stifel Hold 14h ago
BMO Capital Outperform 5d ago
Guggenheim Neutral 5d ago
Rosenblatt Neutral 5d ago
Citigroup Neutral 6d ago
2 more
BMO Capital Outperform
Canaccord Genuity Hold