10 Best Stocks Under $10 to Buy Now

3. Snap Inc. (NYSE:SNAP)

Share Price: $9.17

Number of Hedge Fund Holders: 44

Snap Inc. (NYSE:SNAP) is an American technology and social media company that develops and maintains technological products and services. The company’s core products include Snapchat, Lens Studio, and Spectacles. Snap Inc. (NYSE:SNAP) is one of the best stocks under $10 to buy.

On March 28, JMP Securities lowered the price target on Snap Inc. (NYSE:SNAP) from $16 to $14 and maintained a “Market Outperform” rating. This decision follows revised financial projections for the company. JMP analysts based the new $14 price target on a consistent approximately 4x multiple applied to the company’s projected 2026 revenue of $6.8 billion. This represents an 11% increase year-over-year. The valuation also corresponds to about 31 times Snap Inc.’s (NYSE:SNAP) estimated 2026 EBITDA of $819 million, which indicates a 12% profit margin. Despite lowering the price target due to reduced estimates, JMP analysts maintained their positive outlook and remain confident that Snap Inc. (NYSE:SNAP) will outperform the broader market.