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How to buy Snapchat (SNAP) shares in Australia

Learn how to easily invest in Snapchat shares.

Snap Inc is an internet content & information business with stocks listed in the US. Snapchat shares (SNAP) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$11.16 – an increase of 2.86% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Snapchat

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Snapchat. Find the share by name or ticker symbol: SNAP. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Snapchat reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$11.63, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Snapchat, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Snapchat. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Snapchat stock price (NYSE:SNAP)

Use our graph to track the performance of SNAP stocks over time.

Snapchat shares at a glance

Information last updated 2024-04-17.
52-week rangeUS$7.86 - US$17.9
50-day moving average US$11.4382
200-day moving average US$11.9605
Target priceUS$12.53
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) US$-0.82

Snapchat share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Snapchat price performance over time

Historical closes compared with the last close of $11.16

1 week (2024-04-15) 7.93%
1 month (2024-03-22) -2.11%
3 months (2024-01-22) -32.81%
6 months (2023-10-20) 18.22%
1 year (2023-04-21) 11.49%
2 years (2022-04-21) -62.07%
3 years (2021-04-21) -80.86%
5 years (2019-04-18) -4.37%

Compare trading platforms to buy Snapchat shares

Name Product Standard brokerage for US shares Currency conversion fee Asset class
eToro
Finder AwardExclusive
eToro
US$0
50-150 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account (T&Cs apply).
CFD service. Capital at risk.
Join the world's biggest social trading network when you trade stocks, commodities and currencies from the one account.
Moomoo Share Trading
US$0.99
55 pips or 0.0055 AUD/USD
ASX shares, Global shares, US shares, ETFs
Finder exclusive: Get an additional 30 days on top of the regular brokerage-free period for new accounts. T&Cs apply.
Trade shares on the ASX, the US markets and buy ETFs with Moomoo. Plus join a community over 20 million investors.
Spaceship US Investing
US$0
0.70%
US shares, ETFs
Dive into US markets with $0 brokerage, starting with just a $10 investment.
Unlock US stocks and ETFs with minimal entry barriers, offering straightforward, low-cost options for new and seasoned investors.
Tiger Brokers
Exclusive
Tiger Brokers
US$2
37 pips
ASX shares, Global shares, US shares, ETFs
Finder exclusive: 10 no-brokerage US or ASX market trades in the first 180 days + 7% p.a. on uninvested cash with first deposit of any amount, plus US$30 TSLA + US$30 NVDA shares with deposits up to AU$2000. T&Cs apply.
Trade Australian, US and Asian stocks with no minimum deposit on Tiger Broker’s feature-packed platform.
CMC Invest
Finder Award
CMC Invest
US$0
0.60%
ASX shares, Global shares, Options trading, US shares, ETFs
$0 brokerage on US, UK, Canadian and Japanese markets (FX spreads apply).
Trade over 45,000 shares and ETFs from Australia and 15 major global markets. Plus, buy Aussie shares or ETFs for $0 brokerage up to $1,000 (First buy order of each security, each day - excludes margin loan settled trades).
Webull
US$0.25
0.50% (50 pips)
ASX shares, Global shares, Options trading, US shares, ETFs
Sign up & deposit $200 to get $100 of rewards value, or deposit $1,000 to get $200 worth. Up to $5,450 value available. T&Cs apply.
Trade ASX and US stocks and US options, plus gain access to inbuilt news platforms and educational resources. You can also start trading for less with fractional shares.
Saxo Invested
Saxo Invested
US$1
0.25%
ASX shares, Global shares, Options trading, US shares, ETFs
Access 22,000+ stocks on 50+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Snapchat stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Snapchat under- or over-valued?

Valuing Snapchat stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Snapchat's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Snapchat's PEG ratio

Snapchat's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.6362. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Snapchat's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Snapchat share price volatility

Over the last 12 months, Snapchat's shares have ranged in value from as little as US$7.86 up to US$17.9. A popular way to gauge a stock's volatility is its "beta".

SNAP.US volatility(beta: 1.14)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Snapchat's is 1.135. This would suggest that Snapchat's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Snapchat financials

Revenue TTM US$4.6 billion
Gross profit TTM US$2.8 billion
Return on assets TTM -10.93%
Return on equity TTM -52.95%
Profit margin -28.71%
Book value 1.467
Market capitalisation US$17.2 billion

TTM: trailing 12 months

Snapchat share dividends

We're not expecting Snapchat to pay a dividend over the next 12 months.

Snapchat overview

Snap Inc. operates as a technology company in North America, Europe, and internationally. The company offers Snapchat, a visual messaging application with various tabs, such as camera, visual messaging, snap map, stories, and spotlight that enable people to communicate visually through short videos and images. It also provides Spectacles, an eyewear product that connects with Snapchat and captures photos and video from a human perspective; and advertising products, including AR ads and Snap ads comprises a single image or video ads, collection ads, dynamic ads, story ads, and commercials. The company was formerly known as Snapchat, Inc. and changed its name to Snap Inc. in September 2016. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.

Stocks similar to Snapchat

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