Snap stock has dropped 88% from its peak due to Apple's privacy changes, but shows growth potential.
Snap stock has dropped 88% from its 2021 peak due to Apple’s privacy changes. The company is working on new technologies for targeted advertising on Snapchat. Snap’s revenue spiked in 2024 and the first quarter of 2025, driven by 460 million daily active users. Snap’s stock is at a low valuation, but its potential for growth is promising.
Apple’s privacy changes in 2021 impacted Snap’s advertising platform, leading to a decline in revenue growth. Snap’s response with new technologies like machine learning and augmented reality has started to show positive results. Snapchat’s user base continues to grow, making it an attractive platform for advertisers.
Snap’s stock is trading at a low valuation, presenting a potential opportunity for growth if the company can demonstrate improved advertising platform performance. Snap’s recent revenue growth and user base expansion indicate positive momentum for the company. Consider adding Snap stock to a diversified portfolio for potential long-term gains.
Read more at Nasdaq: Down 88% From Its All-Time High, Here’s 1 Big Reason Snap Stock Can Snap Back in 2025