Added to YB: 2024-01-25
Pitch date: 2024-01-24
SNAP [bearish]
Snap Inc.
+69.64%
current return
Author Info
No bio for this author
Company Info
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 snaps.
Market Cap
$8.0B
Pitch Price
$16.47
Price Target
N/A
Dividend
N/A
EV/EBITDA
-34.94
P/E
-17.41
EV/Sales
1.55
Sector
Interactive Media and Services
Category
value
Snap: It's A Strong Sell In 2024
SNAP: Appeal questioned due to monetization difficulties, TikTok threat to Gen Z users. Despite past growth, struggles to monetize like FB. Concerning $1 SBC per $3 revenue vs firms like CSU. Inflated valuation, dim prospects, strong sell rating. Overvalued vs biz model & GOOG.
Read full article (6 min)