SNAP Summer Outlook Snap, Inc. Class ABATS:SNAPLtCmdrDataHello Everyone, Thought it would be a good time to update here on $SNAP. We initially thought it had potential to be higher earlier this summer, but given the movement over the past week or so, Snap is indicating more movement lower However we do not see this movement lower as being movement below the Lows of 2026 (approximately $3.80). ----- Where do we expect SNAP to be at the end of Summer in mid-late September?? We expect it to be higher than it is right now ($5.26 at writing) in September 2026, but we expect it to be lower before then. Our range for expected lows in the coming month or so is $4.20-$4.80. ----- SNAP needs institutional interest to go higher. There are some good catalysts coming this Fall, the most important in my opinion being the end of the memory grace period (and hence new revenue). It is a shame as this company should not be so lowly valued, but the management is a disaster. We stop this analysis after about September 2026 (will update you then), but do not see SNAP surpassing its 2026 high of $8.80s this summer. That would have to wait until later fall, winter, or next year. Let me know your thoughts if you wish to share any. Obviously I hope I am wrong, but everything indicates to me that SNAP must go a bit lower (10-20% in the next month or so) before crawling back in the 6's and possibly 7's this September.