Why Snap Stock Dropped 24% Last Month
Shares of (NYSE: SNAP) fell 24.3% in August 2025, according to data from S&P Global Market Intelligence. The company behind the popular social media platform Snapchat posted decent second-quarter results on Aug. 5, but modest management comments and soft next-period guidance left Snap investors underwhelmed. The stock fell 17% the next day.
Image source: Getty Images.
Snap targets 476 million daily active users (DAU) in the third quarter, a 7.4% increase from the year-ago period. That's a healthy increase, but also below the 9% year-over-year increase seen in the second quarter. And the DAU growth rate used to be reported in double-digit percentages, as recently as 2023. So it's a growing user community, but the growth rate is slowing down.
Source Fool.com
Snap Inc Stock
Our community is currently high on Snap Inc with 10 Buy predictions and 3 Sell predictions.
As a result the target price of 11 € shows a very positive potential of 65.56% compared to the current price of 6.64 € for Snap Inc.
