Ads on this platform could be valuable considering Snap’s young demographic which is quite difficult to reach with linear TV or commercial-supported streaming. The head office is currently located at: 2772 DONALD DOUGLAS, LOOP NORTH, SANTA MONICA, CA, US. are traded on the stock exchange under the ticker SNAP and belong to the 'Communication services' sector. Snap has risen higher in 3 of those 5 years over the subsequent 52-week. Last trading day: Analyst forecast price: 17.94 52-week high/low: 83.34 / 9.34 Shares of Snap Inc. Analyst rating Based on 42 analysts giving stock ratings to SNAP in the past 3 months. OCGN stock forecast Our latest prediction for Ocugen Incs stock price was made. The Discover section of its app, which offers curated content, reached an audience of over 100 million people on Snapchat this year. Forecast Price target 9.15 0.00 0.00 The 31 analysts offering 1 year price forecasts for SNAP have a max estimate of and a min estimate of. Separately, the company is also gaining traction in the content space. The growing user base, coupled with improving technology – such as Dynamic Ads which creates ads in real-time - could enable the company to boost ARPUs and overall revenues. Match Group (NASDAQ: MTCH ): 26 So while you can blame the downturn overall in tech stocks for some of Snap’s problems, that doesn’t tell the whole story. Sure, part of this was due to Covid-19 and the related lockdowns, which forced people to stay home and socialize online, but Snap has actually seen growth in daily active users pick up over the last few quarters as well (it added a total of 52 million subscribers since Jan 2019). ET You’re reading a free article with opinions that may differ from The Motley Fool’s Premium. Firstly, Snap’s daily active user base has been expanding sharply, rising by about 17% y-o-y to 238 million during Q2 2020. Market Cap 17B Today's Change (1.53) 0.16 Current Price Price as of June 23, 2023, 3:43 p.m. There are multiple trends that support this continued growth. Snap’s Revenues could grow by over 3x from estimated levels of a little over $2 billion in 2020 to close to $5 billion by 2025, representing a growth rate of roughly 31% per year (for context annual growth was about 60% between 20).
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