UBS raises Snap target to USD 7 for Snap stock

Published on 10/29/2026 at 13:35 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Snap's second-quarter revenue reached USD 1.60 billion, up 19.00 percent. Snap stock trades at EUR 5.23 on October 29, 2026.

Results date and operating scale

Snap scheduled its third-quarter results conference call for November 4, 2026.
Snap reported 971 million monthly active users for the second quarter of 2026.
Other revenue grew 85.00 percent year over year in the second quarter of 2026.

SNAP, US83304A1060, Illustration mit AI erstellt.

Snap Inc. (ISIN US83304A1060) saw UBS raise its price target to USD 7.00 from USD 5.70 on October 14, 2026, according to Markets Insider. Snap has also set November 4, 2026, for its third-quarter results call, according to Nasdaq.

Snap enters results season with growth

Snap's second-quarter revenue reached USD 1.60 billion, a 19.00 percent year-over-year increase. The company reported a GAAP net loss of USD 163.96 million and a gross margin of 58.00 percent for the period.

Snap's investor-relations materials also show 971 million monthly active users and 85.00 percent year-over-year growth in other revenue for the second quarter of 2026, giving the upcoming report two distinct measures of progress: audience scale and subscription-led monetization. These figures come from Snap Inc..

What does the target change mean?

The UBS move puts the upcoming report against a higher valuation reference, but the target remains an analyst view rather than company guidance. Snap's third-quarter revenue outlook was USD 1.70 billion to USD 1.74 billion, while adjusted EBITDA guidance was USD 300 million to USD 350 million, according to TIKR.

Three recent milestones

On October 6, 2026, Blue Duck Capital urged Snap's board to raise USD 1.00 billion for its Specs business, according to TIKR. On October 8, 2026, Snap announced the November 4 results call. On October 14, 2026, UBS lifted its target to USD 7.00.