This Tech Company Is Growing Faster Than Facebook and YoutubeMar 02, 2022
For the last ten years, Facebook has enjoyed one of the most lucrative business models on earth — targeted advertising.
But since Apple announced new privacy measures that basically shut the door on a huge slice of their revenue, Facebook & other social media platforms have been struggling.
Facebook lost $250 billion in value and is showing no signs of rebounding anytime soon.
However, there are winners in this space -- surprising ones even. Which is why we were so excited to see SNAP stock up 22% in the last month.
After posting huge numbers during their earnings report last week, we think there are some huge things for them ahead.
In this analysis we'll cover:
- Snap's price target
- When Snap will hit that price target
- Key upcoming data points you have to be aware of
- How snap compares to Facebook, TikTok and other social platforms