The same valuation concerns you raise about Palantir apply even more to SNAP right now. Trading at high multiples with slowing user growth and increased compettition from TikTok, the market seems to be pricing in perfection that may not materialize. When sentiment shifts on these stretched valuations, social media stocks like SNAP could see a sharp correction.
The same valuation concerns you raise about Palantir apply even more to SNAP right now. Trading at high multiples with slowing user growth and increased compettition from TikTok, the market seems to be pricing in perfection that may not materialize. When sentiment shifts on these stretched valuations, social media stocks like SNAP could see a sharp correction.
I think snap valuation is rather sane compare to palantir.