If It Were a Stock YouTube Would Be Worth 5 Twitters
Aegis Capital analyst Victor Anthony said Alphabet's (GOOGL) - Get Alphabet Inc. Class A Report YouTube would be worth "at least $75 billion" if it were a stock, CNBC reported.
That's just over five times Twitter's (TWTR) - Get Twitter, Inc. Report $14.52 billion market cap. YouTube's parent company Alphabet has a market cap of $661.8 billion.
Anthony said YouTube is "becoming entrenched in similar ways that Facebook (FB) - Get Meta Platforms Inc. Class A Report is part of our vernacular and daily usage." He said estimates he follows show people using YouTube six minutes a day with monthly active users growing rapidly.
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Anthony spoke following Alphabet's Monday second quarter earnings, which showed revenue growth bolstered largely by YouTube ads and mobile search ads.
Alphabet stock traded down over 2% midday as revenue growth concerns weighed on a second quarter earnings beat.
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