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Snap Inc. (NYSE:SNAP) is one of the 10 best low-priced AI stocks to buy now.

Cautious Wall Street Sentiment on Snap Inc. (SNAP) Amid Advertising Volatility

Notwithstanding the $8.00 median price target that implies a 48.84% upside as of March 4, 2026, the street maintains a cautious stance on Snap Inc. (NYSE:SNAP), with almost 70% of analysts assigning Hold or equivalent ratings. Despite Snap’s steady expansion beyond its core advertising model, the measured outlook reflects the unpredictability of advertising.

On March 2, 2026, Snap Inc. (NYSE:SNAP) became a member of a consortium that Qualcomm Technologies announced in Barcelona. The initiative aims to promote the commercialization of AI-native 6G networks. This change aligns Snap with cutting-edge connectivity infrastructure that may enable AI-driven customer experiences, spatial computing, and immersive AR overlays.

On February 4, 2026, Snap Inc. (NYSE:SNAP) released its fourth-quarter results, reporting improved operational momentum. Snapchat+ subscribers grew 71% to 24 million, while total active advertisers increased 28% year over year, and revenue exceeded expectations to reach $1.72 billion. Net profit rose from $9 million a year earlier to $45 million.

Additionally, the first-quarter adjusted EBITDA forecast of $170–$190 million also exceeded projections.

Amid brand-advertising headwinds, Morgan Stanley maintained an Equal Weight rating due to uncertainties surrounding a possible $400 million Perplexity integration, while Citi maintained a Neutral rating. Both updates came following the quarterly results.

Snap Inc. (NYSE:SNAP) provides Snapchat, a camera-centric social platform that combines advertising, augmented reality, and subscription services. The company is rapidly positioning itself within AI-powered ecosystems and next-generation wireless infrastructure to support future immersive experiences.

While we acknowledge the potential of SNAP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SNAP and that has 100x upside potential, check out our report about this cheapest AI stock.

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