Snap Inc. shares faced downward pressure after Q4 2025 results revealed mixed financial performance. The company reported higher revenue alongside slowing advertising growth and a decline in daily active users. In response, Barclays lowered its price target to $15, while TD Cowen reduced its target to $8. UBS cut its valuation to $7, Evercore set a new target of $9, and Guggenheim issued a price target of $6.50.
Regulatory pressures intensified as Spain moved to ban the platform for minors. New regional age restrictions are complicating user growth and advertising revenue. Roth Capital maintained a Neutral rating with a $7 price target, citing a delayed partnership with Perplexity. The firm also highlighted ongoing advertising softness across North America.
Snap stock closed at $4.83 on February 13, 2026, representing a 0.21% daily increase. Shares rose 0.83% to $4.87 in after-hours trading. The stock's performance occurred within a largely flat broader market.