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Snap Inc. (SNAP): A Bull Case Theory

We came across a bullish thesis on Snap Inc. (SNAP) on Substack by LongYield. In this article, we will summarize the bulls’ thesis on SNAP. Snap Inc. (SNAP)'s share was trading at $7.83 as of May 1st. SNAP’s forward P/E was 36.63 according to Yahoo Finance.

[caption id="attachment_971002" align="aligncenter" width="768"] Photo by Thought Catalog on Unsplash[/caption]

Snap Inc.'s Q1 2025 earnings show notable progress, with total revenue reaching $1.363 billion, a 14% year-over-year increase. The bulk of this revenue comes from advertising, totaling $1.211 billion, which grew 9%...