YouTube’s empire of video content, creator economies, and advertising dominance now carries an estimated value of $550 billion, according to a new analysis from Wall Street research firm MoffettNathanson.
Bigger than most companies: In a note to investors, the firm said YouTube’s standalone valuation would make it the 12th most valuable company in the United States, surpassing titans like JPMorgan Chase and Walmart. The figure underscores how central YouTube has become to both parent company Alphabet’s bottom line and the digital economy at large.
Mega eyeball attractor: MoffettNathanson attributes the bulk of YouTube’s valuation to its advertising business, which generated over $36 billion in revenue in 2024. But the report also notes the platform’s increasingly strong positioning in connected TV, where it now commands the largest share of watch time among streaming services.