Is Snap a Value Investment? — Market Mad House

Many will ask is Snap a value investment because the company behind Snapchat was trading at $13.98 on 6 June 2019. Yet, Zephoria estimates Snapchat had 190 million users in 1 stQuarter 2019.

Moreover, Zephoria notes, “as of March 2019, “Snapchat reached 90 percent of all 13–24-year-olds and 75 percent of all 13–34-year-olds in the U.S.” Additionally, Zephoria calculates Snapchat had 60 million active users in Europe and 79 daily active users in North America in 1 stQuarter 2019.