At $12.87, Snap stock price benefits from strategic buybacks announced last quarter. Analysts expect EPS accretion from reduced float, likely reinforcing bullish sentiment among institutional investors in the coming weeks. Adding to the positive momentum was the ongoing uncertainty surrounding the U.S. operations of its chief competitor, TikTok. Investors appeared to view Snap as a primary beneficiary of any potential disruption to TikTok's market share. The surge in Snap's stock was also accompanied by some of the highest trading volumes in the company's history, signaling a dramatic increase in investor interest. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Snap. At $12.74, Snap stock price reflects steady investor confidence despite lingering macro uncertainties. New ad tools targeting Gen Z demographics could strengthen revenue outlooks and lift price targets toward $15 in H
