Snap Option Alert: Jan, 2027 $15 Calls at the Bid: 3000 vs 1642 OI

Snap Option Alert: Jan, 2027 $15 Calls at the Bid: 3000 @ $2.81 vs 1642 OI; Ref=$11.0701

Snap Option Alert: Jan, 2027 $15 Puts at the Bid: 3000 vs 157 OI

Snap Option Alert: Jan, 2027 $15 Puts at the Bid: 3000 @ $5.8 vs 157 OI; Ref=$11.075

Snap (NYSE:SNAP) Stock

Snap

Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.

TikTok-Installed iPhones Are Being Listed On eBay For Up To $1 Million

News

Markets

Tech

AAPL

GOOG

GOOGL

ORCL

PINS

RDDT

SNAP

TikTok, the Chinese short video platform, has reappeared on the Apple and Google app stores following a month-long hiatus.

TikTok Returns To Apple And Google App Stores After A Month-Long Hiatus

Stone, - ,Uk,-,July,15,2020:,Snapchat,App,Seen

Technicals

Trading Ideas

Shares of Snap have recently formed a series of &#39;lower higher&#39;. This could mean they are on the verge of moving lower.

Stock Of The Day: Does Classic Head &amp; Shoulders Pattern Mean Snap Goes Lower?

Girl,In,The,Park,Holding,A,Smartphone,With,Snapchat,App

Offerings

Movers

Before the market open on Monday, Snap announced that it intends to offer $700 million of senior notes due 2033 in a private offering. 

What&#39;s Going On With Snap Stock Monday?

Snap Inc

SNAP ONE HLDGS CORP COM

Snap-on Inc

APTV

LULU

PONY

TVTX

Viking Global Investors' Latest 13F Filing Reveals 897.3K New Share Stake In American Tower, 671.8K Shares In Travelers Companies, 2.58M Shares In General Motors, 1.02M Shares In Aptiv, 5.30M Shares In Snap, 2.90M Shares In Travere Therapeutics, 322.8K Shares In Qualcomm, 148.97K Shares In AppLovin, 83.1K Shares In Lululemon Athletica, 739.8K Shares In Pony AI

Investors with a lot of money to spend have taken a bearish stance on Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SNAP, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 15 uncommon options trades for Snap.
This isn't normal.
The overall sentiment of these big-money traders is split between 20% bullish and 66%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $1,885,292, and 11 are calls, for a total amount of $1,360,349.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $8.0 to $15.0 for Snap over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snap's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snap's significant trades, within a strike price range of $8.0 to $15.0, over the past month.
<h3>Snap Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739564127_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$5.85</td>
<td>$5.75</td>
<td>$5.8</td>
<td>$15.00</td>
<td>$1.7M</td>
<td>157</td>
<td>3.0K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$2.9</td>
<td>$2.82</td>
<td>$2.81</td>
<td>$15.00</td>
<td>$843.0K</td>
<td>1.6K</td>
<td>3.2K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$3.8</td>
<td>$3.7</td>
<td>$3.7</td>
<td>$10.00</td>
<td>$103.6K</td>
<td>3.5K</td>
<td>301</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$3.75</td>
<td>$3.7</td>
<td>$3.7</td>
<td>$10.00</td>
<td>$92.5K</td>
<td>3.5K</td>
<td>551</td>
</tr>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$2.12</td>
<td>$2.09</td>
<td>$2.12</td>
<td>$10.00</td>
<td>$62.5K</td>
<td>6.9K</td>
<td>463</td>
</tr>
</tbody>
</table>

<h3>About Snap</h3>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
Following our analysis of the options activities associated with Snap, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Snap</h3>
<ul>
<li>Trading volume stands at 12,771,754, with SNAP's price down by -3.47%, positioned at $10.86.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 69 days.</li>
</ul>
<h3>Professional Analyst Ratings for Snap</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $13.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Citigroup has decided to maintain their Neutral rating on Snap, which currently sits at a price target of $13. 
&#x2A; Maintaining their stance, an analyst from JP Morgan continues to hold a Underweight rating for Snap, targeting a price of $10. 
&#x2A; An analyst from B of A Securities has decided to maintain their Neutral rating on Snap, which currently sits at a price target of $14. 
&#x2A; An analyst from JMP Securities downgraded its action to Market Outperform with a price target of $16. 
&#x2A; Reflecting concerns, an analyst from Wells Fargo lowers its rating to Equal-Weight with a new price target of $11.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Snap options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Snap's Options: A Look at What the Big Money is Thinking

TikTok, the Chinese short video platform, has reappeared on the&nbsp;Apple&nbsp;and&nbsp;Google&nbsp;app stores following a month-long hiatus.
What Happened: TikTok officially announced that the app was restored to the app stores of Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) on Thursday evening. The app was taken down on Jan 18, in response to TikTok&#8217;s decision to temporarily halt its services in the U.S. due to a new national security law.
The Protecting Americans from Foreign Adversary Controlled Applications Act, signed by former President Joe Biden in April, mandated that China-based ByteDance sell its U.S. TikTok operations by Jan 19 or risk a ban. The law also warned about strict penalties on internet service providers such as Apple, Google, and Oracle Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NASDAQ">ORCL</a>).
TikTok shut down its U.S. operations, arguing that the law infringed on the First Amendment rights of its 170 million American users. In January, the Supreme Court ruled in favor of the Biden administration, asserting that divestiture was required due to national security concerns over TikTok&#8217;s data collection practices and its Chinese connections.
The app resumed operations after President Donald Trump postponed the ban&#8217;s enforcement and extended the law&#8217;s deadline by 75 days. 
Apple and Google made the app available in their app store once they received a confirmation letter from US Attorney General&nbsp;Pam Bondi that the ban would not be enforced immediately, reported <a href="https://www.bloomberg.com/news/articles/2025-02-14/apple-to-restore-tiktok-to-us-app-store-following-justice-department-letter">Bloomberg</a>.
SEE ALSO: <a href="https://www.benzinga.com/25/02/43709134/hubspot-posts-solid-q4-ai-driven-language-translations-to-accelerate-dau-growth-analysts-say">Reddit Posts Solid Q4, Analysts Expect AI-Language Translations To Grow Daily Active Users</a>
Why It Matters: Despite its absence from the&nbsp;app stores for almost a&nbsp;month, TikTok had regained about 90% of its pre-law traffic by late January, according to data from Cloudflare Radar.
The return of TikTok to the app stores comes after a series of events that unfolded in the past month. Trump stated his preference for the U.S. to hold a 50% stake in a joint venture to &#8220;save TikTok.&#8221; Vice President J.D. Vance and National Security Adviser&nbsp;Michael Waltz have been appointed to <a href="https://www.benzinga.com/news/global/25/02/43604572/jd-vance-quarterbacking-tiktok-deal-will-his-venture-capital-experience-secure-a-win">oversee a deal to save TikTok</a>. 
Meanwhile, Elon Musk, CEO of SpaceX and Tesla, <a href="https://www.benzinga.com/markets/25/02/43585669/elon-musk-shuts-down-tiktok-buyout-rumors-says-he-prefers-to-build-companies-from-scratch-i-rarely-acquire-companies">publicly dismissed the idea of acquiring TikTok</a>, stating his preference for building companies from scratch. His comments were made in late January, around the same time President Trump signed an executive order to postpone the enforcement of a ban on TikTok.
According to data from the Sensor Tower in January, with a monthly user base of 115 million in the U.S., TikTok surpasses Snapchat (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>), Pinterest (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>), and Reddit (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>). Angelo Zino, Senior Vice President of CFRA Research estimated the valuation of TikTok&#8217;s US operations between $40 billion to $50 billion.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/general/social-media/25/02/43546168/pinterest-q4-earnings-revenue-crosses-1b-maus-up-11-cap-off-banner-year-for-the-company-shares-soar">Pinterest Q4 Earnings: Revenue Crosses $1B, MAUs Up 11% Cap Off &#8216;Banner Year&#8217; For The Company, Shares Soar</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Macro Economic Events

Global

Economics

President Trump Says Will Make It Worthwhile For China To Approve TikTok Sale

President Trump Says TikTok Deadline Could Be Extended; Hopes To Make A Deal On TikTok

<a href="https://www.theinformation.com/articles/tiktok-ceo-plans-more-streamlining-as-talks-with-trump-team-continue" title="https://www.theinformation.com/articles/tiktok-ceo-plans-more-streamlining-as-talks-with-trump-team-continue">https://www.theinformation.com/articles/tiktok-ceo-plans-more-streamlining-as-talks-with-trump-team-continue</a>

'TikTok CEO Plans More Streamlining as Talks With Trump Team Continue' - The Information

Snap estimates that the net proceeds from the offering will be approximately $1,475.0 million, after deducting the initial purchasers' discounts and commissions and estimated expenses payable by Snap. Snap intends to use the net proceeds from the offering to repurchase an aggregate principal amount of (i) $45.3 million of its outstanding convertible senior notes due 2026, or the 2026 notes, (ii) $797.4 million of its outstanding convertible senior notes due 2027, or the 2027 notes, and (iii) $800.0 million of its outstanding convertible senior notes due 2028, or the 2028 notes, for an aggregate repurchase price of $1,445.1 million. Snap intends to use the remaining net proceeds from the offering for general corporate purposes, including working capital, operating expenses, capital expenditures, acquisitions of complementary businesses, or other repurchases of Snap's securities.

Reported Earlier, Snap Prices $1.5B Upsized 6.875% Senior Notes Due 2033

Trading in Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) <a href="https://www.benzinga.com/news/offerings/25/02/43593686/whats-going-on-with-snap-stock-monday-2">is quiet Tuesday</a>. The shares have been holding above-important support around $10.40. But there is a good chance the support breaks and the price falls.
The company&#8217;s stock chart shows some characteristics of a classic ‘Head &amp; Shoulders Pattern'. This is why our team of technical analysts has made Snap our <a href="https://www.benzinga.com/topic/stock-of-the-day">Stock of the Day</a>.
Many analysts don't understand the fundamentals and basics of technical analysis. They try to identify patterns on charts without understanding the price action that causes them to form.
It's rare to see a precise or ‘textbook' pattern on a chart. But that isn't important. What is, is that an analyst understands price action and psychology that is occurring.
A Head and Shoulders is a ‘reversal pattern'. This means at has to occur and the end of an uptrend. It shows the bears are taking the leadership from the bulls.
Read Also: <a href="https://www.benzinga.com/news/earnings/25/02/43623639/coca-cola-pops-in-q4-revenue-soars-6-ceo-hails-all-weather-strategy">Coca-Cola Pops In Q4—Revenue Soars 6%, CEO Hails &#8216;All-Weather Strategy&#8217;</a>
One thing that happens when the bears are taking over is that ‘lower highs' form. Markets don't go in straight lines. They go in peaks and valleys. When a peak forms at a lower price level than the previous peak did, traders say it is a lower high.
This means that as time passes, sellers are willing to come into the market at lower levels. This is why the ‘right shoulder' forms at a lower price than the ‘head' does in a Head &amp; Shoulders.
As you can see on the chart below, Snap&#8217;s last two peaks occurred at lower levels than the peak that would be considered the Head did in December. This shows that since then, people who want to sell are getting anxious and are willing to accept less for their shares.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="552" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/11140021/115-1024x552.png" alt="" class="wp-image-777202" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/11140021/115-1024x552.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/11140021/115-300x162.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/11140021/115-768x414.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/11140021/115.png 1522w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Now the stock is testing support around the $10.40 level. Because sellers have become increasingly aggressive while the buyers have been willing to be patient and hang out around the support level mean there is a good chance it breaks.
Aggressive sellers and patient buyers is typically bearish for a market.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/02/43632327/steel-stocks-breakout-analyst-sees-bullish-setup-for-us-steel-nucor-steel-dynamics">Tariffs Drive Steel Stock Gains As Analyst Highlights Catalysts For Nucor, US Steel</a></li>
</ul>
Image: Shutterstock

Stock Of The Day: Does Classic Head & Shoulders Pattern Mean Snap Goes Lower?

Snap Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares are trading slightly lower Monday after the company announced <a href="https://www.benzinga.com/quote/SNAP">a private offering</a>.
What Happened: Before the market open on Monday, Snap announced that it intends to offer $700 million of senior notes due 2033 in a private offering. 
Snap expects to use the net proceeds to repurchase some of its outstanding convertible senior notes due 2025,&nbsp;due 2026, due 2027 and due 2028. Any remaining proceeds will be used for general corporate purposes. 
The offering comes after Snap shares surged last week on <a href="https://www.benzinga.com/general/social-media/25/02/43480179/snap-stock-soars-after-q4-eps-revenues-beat-details">strong results for the fourth quarter</a>. The company beat analyst estimates on the top and bottom lines as daily active users increased 9% on a year-over-year basis. Snap also said it expects first-quarter revenue to be in the range of $1.325 billion to $1.36 billion
"As we look ahead to 2025, we see additional opportunities to invest productively in scaling our business given the foundational improvements we have made to our ad platform and the momentum we have established in our go to market initiatives,&#8221; the company said in a letter to shareholders.
Check This Out: <a href="https://www.benzinga.com/25/02/43583058/super-bowl-ads-go-all-in-on-ai-stars-and-8m-price-tags-elon-musk-shared-this-advert-with-his-followers#google_vignette">Super Bowl Ads Go All-In on AI, Stars, and $8M Price Tags: Elon Musk Shared This Advert With His Followers</a>
<h3 class="wp-block-heading">Is SNAP A Good Stock To Buy?</h3>
Wall Street analysts view Snap on the whole as a Neutral, given the history of coverage over the past three months. Ken Gawrelski from Wells Fargo in Snap is the most bearish, expecting a 26.67% fall in the stock in the coming year.
But looking at how the market as a whole thinks of the stock, you can reference historical price action for views on whether investors feel strongly about the stock one way or another. In the past three months, Snap fell 3.19%, which indicates that opinion soured on the business and how attractive it is to own based on either its stock price, or underlying fundamentals, like revenue, which rose 14.4% over the past year.
A complete overview of how Wall Street views individual stocks is available <a href="https://www.benzinga.com/analyst-stock-ratings">here</a>, while real time updates on the latest analyst actions will be delivered via <a href="https://pro.benzinga.com">Benzinga PRO</a>. Try it for free.
SNAP Price Action: <a href="http://benzinga.com/quote/snap">Snap shares</a> were down 0.73% at $10.84 at the time of publication Monday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Shutterstock.

What's Going On With Snap Stock Monday?

WIIM

Snap shares are trading lower after the company announced plans to offer $700 million in senior notes due 2033 in a private offering.

Snap Intends To Offer $700M Of Senior Notes Due 2033 In Private Offering

Whales with a lot of money to spend have taken a noticeably bullish stance on Snap.
Looking at options history for Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $229,544 and 12, calls, for a total amount of $630,396.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $7.0 and $14.0 for Snap, spanning the last three months.
<h3>Volume &amp; Open Interest Trends</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Snap's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Snap's significant trades, within a strike price range of $7.0 to $14.0, over the past month.
<h3>Snap 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738943138_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SNAP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/07/25</td>
<td>$0.73</td>
<td>$0.71</td>
<td>$0.71</td>
<td>$11.50</td>
<td>$96.5K</td>
<td>10.3K</td>
<td>2.2K</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$3.6</td>
<td>$3.5</td>
<td>$3.5</td>
<td>$10.00</td>
<td>$76.3K</td>
<td>1.7K</td>
<td>415</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$3.35</td>
<td>$3.25</td>
<td>$3.33</td>
<td>$7.50</td>
<td>$67.0K</td>
<td>1</td>
<td>200</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$3.25</td>
<td>$3.2</td>
<td>$3.25</td>
<td>$7.50</td>
<td>$65.0K</td>
<td>1</td>
<td>600</td>
</tr>
<tr>
<td>SNAP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$3.25</td>
<td>$3.15</td>
<td>$3.25</td>
<td>$7.50</td>
<td>$64.9K</td>
<td>1</td>
<td>400</td>
</tr>
</tbody>
</table>

<h3>About Snap</h3>
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.
Following our analysis of the options activities associated with Snap, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Snap</h3>
<ul>
<li>Trading volume stands at 5,270,501, with SNAP's price up by 0.7%, positioned at $10.77.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 76 days.</li>
</ul>
<h3>Professional Analyst Ratings for Snap</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $12.7.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wells Fargo downgraded its action to Equal-Weight with a price target of $11. 
&#x2A; An analyst from Susquehanna has decided to maintain their Neutral rating on Snap, which currently sits at a price target of $13. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Underweight rating on Snap with a target price of $10. 
&#x2A; In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $16. 
&#x2A; Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Snap with a target price of $13. 
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Spotlight on Snap: Analyzing the Surge in Options Activity

Snap Inc&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) CEO, Evan Spiegel, has taken a playful jab at Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) for its history of mimicking Snapchat&#8217;s features in a way that seems to mock the social media giant.
What Happened: Spiegel updated his LinkedIn profile that now read, &#8220;Loving husband, father of four boys, VP Product @ Meta,&#8221; indicates a Fortune <a href="https://fortune.com/2025/02/06/snap-ceo-evan-spiegel-mocks-mark-zuckerberg-meta-copycat-features/">report</a>. This update is widely interpreted as a swipe at Meta&#8217;s penchant for copying Snapchat&#8217;s features.
Despite Mark Zuckerberg&#8216;s&nbsp;$3 billion acquisition offer in&nbsp;2013, Spiegel has staunchly upheld Snap&#8217;s independence. Meta, in turn, has launched features remarkably similar to Snapchat&#8217;s, including Instagram Stories, disappearing direct messages, and face-distorting filters.
Spiegel, in a 2018 conference, shared mixed feelings about Meta&#8217;s imitation, stating, &#8220;It was the best feeling to design something that is so simple and so elegant that the only thing competitors can do is copy it exactly.&#8221; 
He also humorously suggested that Meta should replicate Snapchat&#8217;s data protection practices.
SEE ALSO: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43527542/meta-stock-soars-but-zuckerbergs-cashing-in-should-investors-worry">Meta Stock Soars, But Zuckerberg&#8217;s Cashing In &#8211; Should Investors Worry?</a>
Why It Matters: A CNBC report in Jan indicated that Meta is providing incentives to creators to advertise Instagram on competing short-form video platforms like TikTok, Snapchat, and YouTube to gain a larger share. This move highlights the intense competition in the social media space, as platforms battle for the attention of millions of users while TikTok&#8217;s future remains uncertain.
Meanwhile, Snap has been grappling with its own challenges. Despite reporting a fourth-quarter <a href="https://www.benzinga.com/25/02/43504595/snap-falls-despite-q4-beat-as-analysts-remain-cautious-on-ad-growth-and-higher-expenses">earnings beat</a>, Snap&#8217;s shares fell as analysts expressed concerns over ad growth and higher expenses.
Last week, Meta announced its fourth-quarter results, surpassing expectations for both revenue and earnings, while reaffirming its commitment to significant AI-related investments.
Snap has a much smaller user base when compared to Meta, but it has posted impressive growth for the fourth quarter. Meta&#8217;s Family Daily Active People (DAP)&nbsp;grew 5.5% year-on-year to 3.35 billion, while Snap&#8217;s Daily Active Users increased 9% year-over-year to 453 million. 
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<li>READ ALSO: <a href="https://www.benzinga.com/markets/25/02/43552448/pinterests-gen-z-boom-engagement-hits-62-all-time-high-as-advertiser-clicks-surge-90heres-whats-driving-the-growth-for-this-meta-rival">Pinterest&#8217;s Gen Z Boom: Engagement Hits All-Time High As Advertiser Clicks Surge 90%—What&#8217;s Working For The Meta Rival</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Evan Spiegel Takes A Shot At Mark Zuckerberg Over Meta Copying Snapchat's Features On Instagram And Facebook

<a href="https://x.com/bresreports/status/1887804585625940326" title="https://x.com/bresreports/status/1887804585625940326">https://x.com/bresreports/status/1887804585625940326</a>

Punchbowl News Reported President Trump Tasked VP Vance And National Security Adviser Waltz With Overseeing A Potential Sale Of TikTok

Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from <a href="https://www.benzinga.com/25/02/43494246/private-employment-rises-by-183000-beats-estimates-in-january-consumer-facing-industries-drove-hiring">positive labor market data.</a>
The S&amp;P 500 gained 0.3% to 6,045 points, while the Dow Jones Industrial Average rose 0.6%, now trading less than 1% below its all-time high.
Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) missed quarterly earnings expectations on its cloud business, triggering a 7% drop, its worst single-day decline in a year. On the upside, Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) surged 6% after beating estimates, fueling a rally in chip stocks. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) also gained 3.4%.
The Russell 2000 outperformed with a 0.9% gain, reflecting strength in smaller-cap stocks.
Fresh labor market data signaled resilience. Private sector employment rose by 183,000 in January according to the ADP report, surpassing expectations of 150,000. The services sector continued expanding,<a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43499292/us-services-growth-slows-in-january-as-tariff-concerns-mount"> as per ISM survey</a>, though at a slightly slower-than-anticipated pace.
Investors piled into Treasuries, sending yields tumbling across the curve. The 30-year yield fell to its lowest level since Dec. 18, 2024, while the iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) rallied 1.9%.
Gold extended its bull run, surging over 1% to a record $2,870 per ounce, driven by continued central bank buying. Copper jumped 2%. 
In crypto markets, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) edged down 1.2% to $97,000. 
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>• Russell 2000</td>
<td>2,310.94</td>
<td>0.9%</td>
</tr>
<tr>
<td>• Dow Jones</td>
<td>44,801.97</td>
<td>0.6%</td>
</tr>
<tr>
<td>• S&amp;P 500</td>
<td>6,054.99</td>
<td>0.3%</td>
</tr>
<tr>
<td>• Nasdaq 100</td>
<td>21,621.68</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 2:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.3% to $602.97.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.5% to $447.60.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;inched 0.2% up to $525.63.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1% to $229.09.</li>
<li>The&nbsp;Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, up 1.6%; the&nbsp;Communication Services Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) lagged, down 1.2%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
Stocks reacting on earnings reports included: 
<ul>
<li>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>): up 5.9%</li>
<li>Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): down 2.4%</li>
<li>Mondelez International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDLZ#NASDAQ">MDLZ</a>): up 0.62%</li>
<li>Simon Property Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPG#NYSE">SPG</a>): 3.55%</li>
<li>Electronic Arts Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EA#NASDAQ">EA</a>): up 5.7%</li>
<li>Snap Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NASDAQ">SNAP</a>): down 6.55%</li>
<li>IDEX Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IEX#NYSE">IEX</a>): down 9.61%</li>
<li>Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>): down 1.77%</li>
<li>Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>): down 7.31%</li>
<li>Fiserv Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): up 7.48%</li>
<li>Boston Scientific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BSX#NYSE">BSX</a>): up 1.87%</li>
<li>Illinois Tool Works Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITW#NYSE">ITW</a>): down 0.62%</li>
<li>Emerson Electric Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>): down 2.61%</li>
<li>T. Rowe Price Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TROW#NASDAQ">TROW</a>): down 3.91%</li>
<li>Cencora Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COR#NYSE">COR</a>): up 0.83%</li>
<li>CDW Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDW#NASDAQ">CDW</a>): up 4.54%</li>
<li>Ares Management Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARES#NYSE">ARES</a>): down 2.51%</li>
<li>Bunge Global SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BG#NYSE">BG</a>): down 5.05%</li>
<li>Johnson Controls International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JCI#NYSE">JCI</a>): up 12.49%</li>
<li>Old Dominion Freight Line Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>): up 5.60%</li>
<li>Stanley Black &amp; Decker Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SWK#NYSE">SWK</a>): down 1.43%</li>
<li>Ares Capital Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCC#NASDAQ">ARCC</a>): down 3.26%</li>
<li>Criteo SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRTO#NASDAQ">CRTO</a>): up 17.73%</li>
<li>Timken Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TKR#NYSE">TKR</a>): up 2.86%</li>
<li>Performance Food Group Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFGC#NYSE">PFGC</a>): down 1.91%</li>
<li>New York Times Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYT#NYSE">NYT</a>): down 11.56%</li>
<li>Griffon Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFF#NYSE">GFF</a>): up 9.00%</li>
<li>Harley-Davidson Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOG#NYSE">HOG</a>): down 0.63%</li>
<li>Capri Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPRI#NYSE">CPRI</a>): down 13.94%</li>
<li>Azenta Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZTA#NASDAQ">AZTA</a>): up 1.04%</li>
<li>Vishay Intertechnology Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VSH#NYSE">VSH</a>): up 8.65%</li>
<li>Spire Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SR#NYSE">SR</a>): up 0.82%</li>
</ul>
Large-cap stocks slated to report earnings after the close are Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), McKesson Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCK#NYSE">MCK</a>) Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Molina Healthcare Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>), O&#8217;Reilly Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>), MetLife Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>), Cognizant Technology Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CTSH#NASDAQ">CTSH</a>), Corteva Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTVA#NYSE">CTVA</a>), Allstate Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALL#NYSE">ALL</a>), Skyworks Solutions Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWKS#NASDAQ">SWKS</a>), Aflac Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AFL#NYSE">AFL</a>), Align Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGN#NASDAQ">ALGN</a>). 
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Stocks Rebound, Google Eyes Worst Drop In A Year, Gold Shatters Fresh Records: What's Driving Markets Wednesday?

Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares are moving lower Wednesday after the company reported its <a href="https://www.benzinga.com/general/social-media/25/02/43480179/snap-stock-soars-after-q4-eps-revenues-beat-details">fourth-quarter financial results</a>. The stock initially rose after the report but reversed course following a downgrade from Wells Fargo.
What To Know: Snap reported earnings of 16 cents per share, beating the analyst consensus estimate of 14 cents. Revenue came in at $1.55 billion, slightly above the $1.54 billion estimate and up from $1.36 billion in the same quarter last year. Snapchat&#8217;s daily active users grew 9% year-over-year to 453 million, with over one billion Snaps shared publicly each month. CEO Evan Spiegel highlighted the company's progress in growing its user base and improving advertiser performance, with active advertisers more than doubling in the quarter.
Despite the earnings beat, Wells Fargo downgraded Snap from Overweight to Equal-Weight and cut its price target from $15 to $11. Other analysts issued mixed reactions. BofA Securities and Citigroup raised their price targets slightly to $14.50 and $13.50, respectively, while JPMorgan lowered its target from $11 to $10. Susquehanna maintained a Neutral rating but raised its target to $13.
Following the earnings release, Snap shares initially surged 12.16% after hours to $13.01. However, by Wednesday, the stock was down as the market reacted to the downgrade and analyst revisions.
SNAP Price Action: Snap shares were down 7.00% at $10.77 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard?new_user=False&amp;backend=google-oauth2">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020525&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="532" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05125312/Screenshot-2025-02-05-at-12.52.51-1024x532.png" alt="" class="wp-image-767717" style="width:459px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05125312/Screenshot-2025-02-05-at-12.52.51-1024x532.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05125312/Screenshot-2025-02-05-at-12.52.51-300x156.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05125312/Screenshot-2025-02-05-at-12.52.51-768x399.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05125312/Screenshot-2025-02-05-at-12.52.51.png 1537w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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</ul>
Image Via Shutterstock.

Snap Stock Drops Following Q4 Results And Analyst Downgrade: What's Going On?

Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares are trading lower following fourth-quarter financial results reported on Tuesday and several analysts <a target="_blank" href="https://www.benzinga.com/quote/snap/analyst-ratings" rel="noreferrer noopener">revised the price forecast</a>.
Snap reported quarterly earnings of&nbsp;16&nbsp;cents per share, which beat the analyst consensus estimate of&nbsp;14 cents. Quarterly revenue came in at $1.55 billion,&nbsp;which beat the analyst <a target="_blank" href="https://www.benzinga.com/general/social-media/25/02/43480179/snap-stock-soars-after-q4-eps-revenues-beat-details" rel="noreferrer noopener">consensus estimate of&nbsp;$1.54 billion</a>.
BofA Securities analyst Justin Post maintained the stock with a Neutral and raised the price forecast from $14 to $14.5.
The analyst remains cautious on first-quarter comps but raised revenue estimates due to stronger ad growth and Snapchat+ traction. Expense estimates, including SBC, increased for higher headcount and legal costs.
For 2025, Post raised revenue estimates by 3% to $6.1 billion, operating expenses by 1% and EBITDA by 13% to $789 million.
For 2026, the analyst raised revenue estimates by 5% to $7.0 billion, operating expenses by 4% and EBITDA by 7% to $1.081 billion.
The analyst now projects 11% YoY ad revenue growth over three years, with Snapchat+ helping drive total growth toward the sector average of 14%.
JP Morgan analyst Doug Anmuth maintained an Underweight rating and lowered the price forecast from&nbsp;$11&nbsp;to&nbsp;$10.
The analyst remains encouraged by SNAP&#8217;s efforts to boost engagement, expand DR spending, grow its SMB advertiser base, and diversify revenue.
However, brand spending (~30% of ad revenue) remains under pressure in certain sectors, adds the analyst.
Anmuth writes he looks for better execution under new Chief Business Officer Ajit Mohan, increased contributions from ad initiatives, and improved profitability.
While the analyst raised 2025/2026 revenue estimates by ~1%, he trims adjusted EBITDA estimates by ~20% due to higher investments.
Apart from this, Wells Fargo analyst Ken Gawrelski downgraded Snap from Overweight to Equal-Weight and lowered the <a target="_blank" href="https://www.benzinga.com/25/02/43491978/these-analysts-revise-their-forecasts-on-snap-after-q4-results" rel="noreferrer noopener">price forecast from $15 to $11</a>.
Investors can gain exposure to the stock via&nbsp;Advisor Managed Portfolios Trenchless Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RVER#NYSE">RVER</a>) and Global X Social Media ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOCL#NASDAQ">SOCL</a>).
Price Action: SNAP shares are down 6.85% at $10.81 at the last check Wednesday.
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Photo by Sergei Elagin on Shutterstock.

Analyst Color

Earnings

Downgrades

Price Target

Reiteration

Analyst Ratings

RVER

SOCL

Snap Struggles Despite Earnings Beat—Analysts See Higher Costs, Mixed Growth Prospects

Top Wall Street analysts initiated coverage on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>TD Cowen analyst Ritu Baral initiated coverage on Palvella Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PVLA#NASDAQ">PVLA</a>) with a Buy rating and announced a price target of $44. Palvella Therapeutics shares closed at $13.89 on Tuesday. <a href="https://www.benzinga.com/quote/PVLA/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>B of A Securities analyst Ronald Epstein initiated coverage on Intuitive Machines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) with an Underperform rating and announced a price target of $16. Intuitive Machines shares closed at $21.58 on Tuesday. <a href="https://www.benzinga.com/quote/LUNR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wells Fargo initiated coverage on CoStar Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>) with an Underweight rating and announced a price target of $65. CoStar shares closed at $77.47 on Tuesday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Piper Sandler analyst James Callahan initiated coverage on Opera Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRA#NASDAQ">OPRA</a>) with an Overweight rating and announced a price target of $25. Opera shares closed at $18.00 on Tuesday. <a href="https://www.benzinga.com/quote/AFRM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Raymond James analyst Patrick O&#8217;Shaughnessy initiated coverage on Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) with a Market Perform rating. Robinhood shares closed at $52.58 on Tuesday. <a href="https://www.benzinga.com/quote/MSFT/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying LUNR stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="636" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05083336/image-46-1024x636.png" alt="" class="wp-image-767189" style="width:639px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05083336/image-46-1024x636.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05083336/image-46-300x186.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05083336/image-46-768x477.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/05083336/image-46.png 1067w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Initiation

CSGP

HOOD

LUNR

OPRA

PVLA

RACE

WRBY

This Intuitive Machines Analyst Begins Coverage On A Bearish Note; Here Are Top 5 Initiations For Wednesday

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Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
11:30 AMFeb 14, 2025	CALL	$15.00	Jan 15, 2027	691	3230	3000	197	1642	TRADE	BEARISH
11:30 AMFeb 14, 2025	PUT	$15.00	Jan 15, 2027	691	3001	3000	1911	157	TRADE	NEUTRAL