Snap stock price currently trades around $12

Snap stock price currently trades around $12.77, with a 50-day moving average at $12.30 signaling a short-term bullish trend. Analysts anticipate that upcoming product updates in AR features could catalyze another rally toward $13. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link . The Price-to-Sales (P/S) ratio is often used to value companies like Snap, which may not yet be consistently profitable but demonstrate strong revenue growth. This multiple helps investors weigh how much they are paying for each dollar of sales, making it particularly helpful for businesses in high-growth phases where earnings can be volatile or negative. Trading at $12.78, Snap stock price remains on a gradual uptrend supported by strong 20-day average volumes. Chartists predict an eventual test of $13.20, especially if macro sentiment tilts back toward technology equities.