---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000551597.md"
description: "Are we not using social media anymore?$Snap(SNAP.US) down -50.6% YTD$Reddit(RDDT.US) down -44.6% YTD$Pinterest(PINS.US) down -32.2% YTD$Meta Platforms(META.US) down -26.35% 6MCompanies like Snapchat with excessive SBC makes sense… Yeah there’s bear cases around Meta capex but it’s growing forward revs 30-33% Y/Y round ~17 fwd p/e so that spend is definitely delivering ROI.But at this point the selloff looks way overblown especially with Reddit with fwd ev/fcf: ~24x; 91% gross margins, 52% growth?Everyone’s hyper focusing around “AI” disruption but if anything, it makes these social media companies more lean/profitable.I’m a buyer here. But a confused one.Source: Serenity"
datetime: "2026-03-27T00:17:28.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000551597.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000551597.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000551597.md)
author: "[Serenity](https://longbridge.com/en/profiles/26792196.md)"
generator: "portal-rs"
---

# Are we not using social media anymore?$Snap(SNAP.U…


### Related Stocks

- [META.US](https://longbridge.com/en/quote/META.US.md)
- [PINS.US](https://longbridge.com/en/quote/PINS.US.md)
- [SNAP.US](https://longbridge.com/en/quote/SNAP.US.md)
- [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**