Is Snap Stock a Buy Now?
After shares of social media company Meta Platforms, owner of Facebook and Instagram, surged more than 90% over the past 12 months, could the stock of rival social media company (NYSE: SNAP) see similar success?
Over the same time period, Snap stock is up 30%, but it's been a roller coaster for investors. Shares reached a 52-week low of $8.28 last September, then zoomed to a high of $17.90 in December. Now, they've dropped to around $10 at the time of this writing.
Despite its current downturn, Snap stock could see another upswing. With shares not far from their 52-week low, now could be the time to invest in the company. But to know if it's a good investment for the long haul, let's dig into Snap to understand where it's at today.
Source Fool.com
Snap Inc Stock
Our community is currently high on Snap Inc with 11 Buy predictions and 4 Sell predictions.
As a result the target price of 11 € shows a very positive potential of 64.18% compared to the current price of 6.7 € for Snap Inc.
