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Snap Inc.

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Snapchat Share Price: A Brief Overview

The US stock market closed on June 16 2023, at a share price at $10.68 or ₹874.85. While the previous day’s closing price was $10.66, this shows a volatility of 3.56% in one market cycle. Thus, you can see a +0.02% increase in the share price of Snap when compared to the previous closing day. 

 

The highest Snapchat share price touched $10.84, while the lowest for the day was $10.42. With the market opening at $10.76, the Snap stock price at the end of the day has shown a $0.34 increase. With a total of 28.86M share volume, the market cap for Snap shares is $17.107B. 

Fundamentals of Snap Inc.

PEG Ratio

5.64

Market Capitalisation

$17.9 Billion

Earnings Per Share (EPS)

- 0.93

Book Value

$1.62

Dividend Yield

0.0%

Dividend Share

0.0

**Disclaimer: The data mentioned above is recorded as of June 19, 2023 and are subject to change.

Financial Overview of Snap Inc.

While many factors decide the company's performance in the market, analysing the previous performance and stats of Snap Inc. can help you make the right decision. 

 

The revenue earned by the company in Q1 of 2023 was $989 million, with an operating margin of approximately 37%. In terms of cash flow, the operating cash flow stood at $151 million during the first quarter, while the free cash flow was pegged at $103 million.

 

With new additions like ‘My AI’ chatbot and 3D feature to the Snap Map, the DAU (Daily Active Users) witnessed an increase of over 51 million in Q1 2023. While these details can help you determine the right time to invest in Snap shares, it is crucial to evaluate the market thoroughly. 

 

This helps you gauge the expected changes in the performance of Snap stocks before purchasing them. Compare the Snapchat stock price across a specific timeline to estimate the price trend of this stock in the market.

 

This will help you invest at the right time to get maximum returns. 

1. Historical Data of Snap Inc.

Years

Revenue

Profit

Net Worth

2019

$ 1.18 Billion

- $ 1.25 Billion

$ 2.31 Billion

2020

$ 1.71 Billion

- $ 1.03 Billion

$ 2.26 Billion

2021

$ 2.50 Billion

- $ 945 Million

$ 2.33 Billion

2022

$ 4.11 Billion

- $ 488 Million

$ 3.79 Billion

2023

$ 4.60 Billion

- $ 1.43 Billion

$ 2.58 Billion

2. Income Statement

Years

Revenue

Net Income

FY ‘17

$ 824.95 Million

- $ 3.45 Billion

FY ‘18

$ 1.18 Billion

- $ 1.26 Billion

FY ‘19

$ 1.72 Billion

- $ 1.03 Billion

FY ‘20

$ 2.51 Billion

- $ 945 Million

FY ‘21

$ 4.12 Billion

- $ 488 Million

FY ‘22

$ 4.60 Billion

- $ 1.43 Billion

3. Balance Sheet

Years

Total Assets

Total Liabilities

FY ‘17

$ 3.42 Billion

$ 429.24 Million

FY ‘18

$ 2.71 Billion

$ 403.11 Million

FY ‘19

$ 4.01 Billion

$ 1.75 Billion

FY ‘20

$ 5.02 Billion

$ 2.69 Billion

FY ‘21

$ 7.54 Billion

$ 3.75 Billion

FY ‘22

$ 8.03 Billion

$ 5.45 Billion

4. Cash Flows

Years

Operating Cash Flows

Investing Cash Flow

Financing Cash Flow

FY ‘17

- $ 734.67 Million

- $ 1.36 Billion

$ 2.27 Billion

FY ‘18

- $ 689.92 Million

$ 694.45 Million

$ 47.44 Million

FY ‘19

- $ 304.96 Million

- $ 728.61 Million

$ 1.17 Billion

FY ‘20

- $ 167.64 Million

- $ 729.86 Million

$ 922.79 Million

FY ‘21

$ 292.88 Million

$ 90.23 Million

$ 1.07 Billion

FY ‘22

$ 184.61 Million

- $ 1.06 Billion

$ 306.71 Million

Disclaimer

The information on this page is for educational purposes only, and the data is recorded as of June 19, 2023. 

 

Snap Inc. is a technology company established by Stanford students Evan Spiegel, Bobby Murphy, and Reggie Brown in 2011. Their visual messaging app, called Snapchat, empowered millions to express themselves and live in the moment. 

The brand focuses on augmented reality or AR for its popularity but also offers several other entertainment and communication components within the app. This includes avatar creation, also known as Bitmoji, short-form video content creation, virtual stickers, and so on.

 

According to recent reports, by the first quarter of this year, the Snapchat application supports around 383 million daily active users worldwide. The number of growing audiences is credited to the acquisition of Snapchat+ subscription content and creator engagement on the app. 

 

So, if you are planning to invest in Snap stocks to expand your portfolio, you need to know about its price and a financial overview of the company. Read on to know more about Snapchat share price and a general overview to make an informed decision. 

FAQs on Snap Inc.

How can I buy Snap stocks in India?

You can invest in Snapchat stock by opening an international trading account through Bajaj Markets. To open your account, simply complete the KYC documentation and start investing in any US stock.

What is the bid-ask price for Snap Inc?

While the bid price stands at $10.62, the ask price was pegged at $10.69 as on June 19 2023.

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