Buy price
6.21
6.21
6.2
14.68 B
Information regarding past performance is not a reliable indicator of future performance.
The company’s stock has under-performed the broader market so far in 2024, while the company managed to meet EPS consensus estimates during the last quarter results. The move by Facebook to acquire the company did not go through, something that could have pushed Snaps stock to higher levels, thus leaving Snap exposed to a fierce competitor, while lawsuits continue to dent its performance. Meanwhile, the company is pursuing various growth initiatives like a platform redesign and new product launches, while the company's user growth remains the most important growth driver. Going forward, strong competition and lawsuits remain the company’s most significant headwinds.
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Snap
SNAP
6.205
+0.08%
FAQ