Evercore ISI maintains mixed view on Snap Inc. (SNAP), cuts target to $9 Feb 2026

Feb 6, 2026
evercore-isi-maintains-mixed-view-on-snap-inc.-(snap),-cuts-target-to-$9-feb-2026

Evercore ISI on Feb 05, 2026 at 11:14 AM kept a mixed rating on Snap Inc. (SNAP) and lowered its price target to $9 from $13. The SNAP analyst rating action pairs a downward price-target revision with a maintained sentiment, signaling caution on ad recovery and near-term monetization trends. The firm cited revenue and margin risks that justify the lower target. Investors should note the single-firm move and weigh it with broader coverage before adjusting positions.

SNAP analyst rating: Evercore ISI action and specifics

Evercore ISI maintained a mixed rating on Feb 05, 2026 at 11:14 AM and lowered its Snap price target to $9 from $13. The note flagged slower ad recovery and user monetization as drivers for the cut.

The firm reported a 12.13% price change since its prior note, equal to $0.66 on the reference used by the reporting service. Market capitalization at the time stands at $8,622,126,532.

What the Evercore ISI move means for investors

A maintained, mixed rating with a lower price target signals caution more than conviction to sell. Investors interpreting the SNAP analyst rating should see this as a reassessment of valuation assumptions rather than a blanket downgrade.

For holders, the change raises near-term risk around revenue momentum. For prospective buyers, the lower target tightens the margin of safety unless other analysts offer stronger support.

Evercore’s target cut is correlated with negative short-term sentiment and can pressure price action if other firms echo the view. The report notes a $0.66 move tied to the action, reflecting investor sensitivity to analyst price-target revisions.

However, one maintained mixed rating from Evercore ISI alone historically has limited market impact unless followed by multiple firms changing ratings or targets.

Historical analyst coverage and context for SNAP

Analyst coverage of Snap has shifted between bullish and cautious since its IPO, often driven by ad market cycles and product monetization. Over the last several years, price-target swings have ranged widely as revenue growth and ARPU expectations changed.

Because only Evercore ISI issued this note on Feb 05, 2026, the broader analyst consensus remains the critical comparator for interpreting the SNAP analyst rating.

Meyka grade, model view, and how we factor this note

Meyka AI rates SNAP with a grade of B. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.

Our platform treats the Evercore ISI action as a single data point in real-time coverage. Meyka AI’s market analysis combines this note with other coverage and price signals to help investors weigh risk vs reward.

Final Thoughts

Key takeaway: Evercore ISI on Feb 05, 2026 maintained a mixed view on Snap Inc. (SNAP) but cut its price target to $9 from $13, highlighting concerns about ad recovery and monetization. The SNAP analyst rating change is noteworthy because it lowers valuation assumptions, but it is a single-firm action. Investors should compare this view with broader analyst consensus, company guidance, and near-term results before trading. Meyka AI rates SNAP with a grade of B, which reflects benchmark comparisons, sector trends, growth metrics, and analyst sentiment. This grade and the Evercore ISI note are tools, not investment advice; always cross-check multiple sources and risk tolerances.

FAQs

What exactly did Evercore ISI change for Snap on Feb 05, 2026?

Evercore ISI maintained a mixed rating and cut its Snap price target to $9 from $13 on Feb 05, 2026 at 11:14 AM, citing weaker ad recovery and monetization assumptions.

How should I interpret the SNAP analyst rating for my holdings?

A maintained mixed rating with a lower target suggests caution, not a firm sell signal. Use the SNAP analyst rating as one input and compare it with other analysts and company guidance.

Does the Evercore ISI move change Snap’s valuation materially?

Evercore’s cut tightens valuation expectations and can pressure sentiment, but a single-firm target change only materially shifts valuation if other firms follow or if company results worsen.

Where can I read the Evercore ISI note and broader upgrade/downgrade listings?

The Evercore note was reported by The Fly; see the write-up source. For broader upgrade and downgrade lists, see the WSJ market-data page [source](https://www.wsj.com/market‑/

Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Analyst ratings are opinions and not guarantees of future performance. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.

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