Snap's $2,195 AR glasses may have cost an insane amount to develop, analyst estimates - Yahoo Finance

Snap Inc. is facing investor skepticism following the reveal of its $2,195 standalone AR glasses. Analysts estimate the company spent $500 million on development, contributing to a 10% drop in stock price.
Why it matters
The high cost and premium pricing of Snap's hardware highlight the financial risks tech companies face when pivoting toward expensive, unproven wearable AR markets.
Snap's $2,195 AR glasses may have cost an insane amount to develop, analyst estimates Yahoo Finance Thu, June 18, 2026 at 9:49 AM EDT 2 min read SNAP Trade Snap on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
The article reports on financial performance and analyst estimates without taking a political stance.
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