Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, October 11, 2020

Snapchat Stock Forecast



Dear Reader,

Snap Inc., the maker of the Snapchat application, is currently valued at 39.7 billion USD by public markets with a stock price of 27.00 USD.

I forecast in 3-4 years Snap Inc.'s stock price could quadruple to 108 USD. Snapchat and Pinterest are basically the most viable competitors to Facebook and a real threat to Facebook's dominance in social networking. It is no coincidence that Facebook keeps copying Snapchats' features, not only for Facebook, but for its Instagram property.

Yes, the user growth of Snapchat has stalled lately, but its revenue keeps growing quickly. And as Pinterest latest user numbers show, user growth can explode suddenly. Snapchat is an excellent product, which has gained a lot of traction with Millennials and Generation Z.

Of course, if the  US stock market crashes due to a new coronavirus lockdown for example, Snap's stock price could fall a lot and it could take longer for it to reach 108 USD. But, nonetheless, Snap Inc.'s, the owner of Snapchat application, prospects look bright. And yes, it does have a moat around its product. Snapchat's moat is its young demographic user base and ability to produce new and innovative features.


Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".

Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.

Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!


Respectfully yours,

Petar Posledovich

No comments: