50% Downside For SNAP Stock?

News Source : Forbes

News Summary

Snap (NYSE: SNAP) stock has fallen more than 20% this year
The stock has decreased over 50% from its peak in July of last year
It is valued at nearly 35 times its cash flow over the last twelve months
If Snap were valued at a comparable 17x cash flow multiple, its share price would drop to around $4

This photograph shows macaron pastries with the Snapchat logo during the inauguration of Snapchat ... More France headquarters in Paris on May 19, 2025. (Photo by JOEL SAGET / AFP) (Photo by JOEL SAG [+5653 chars]

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