Previous Close | 9.96 |
Open | 12.85 |
Bid | 13.55 x 0 |
Ask | 13.59 x 0 |
Day's Range | 12.85 - 13.71 |
52 Week Range | 7.20 - 16.26 |
Volume | |
Avg. Volume | 981 |
Market Cap | 22.388B |
Beta (5Y Monthly) | 1.13 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.75 |
Earnings Date | Jul 23, 2024 - Jul 29, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 86.05 |
Insightful Analysis of Snap Inc's Financials and Strategic Position
Adult U.S. TikTok users spend an average of 54 minutes on the app on any given day, more than Instagram, Snapchat or YouTube, according to research firm eMarketer. If TikTok were to disappear, those platforms — along with younger, smaller emerging rivals — would be scrambling for those valuable minutes of people's attention. Meta, which owns Facebook and Instagram, may see more advertisers amid uncertainty for its biggest rival, according to analysts who follow the company.
Snap stock surged Friday, after the Snapchat parent company reported Q1 earnings and sales that exceeded views.