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Reddit Inc (RDDT)

NYSE
Currency in USD
140.69
+0.65(+0.46%)
Closed
After Hours
141.12+0.43(+0.31%)
RDDT Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
140.26143.93
52 wk Range
37.35158.49
Key Statistics
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Prev. Close
140.69
Open
143.43
Day's Range
140.26-143.93
52 wk Range
37.35-158.49
Volume
2.11M
Average Volume (3m)
5.95M
1-Year Change
-
Book Value / Share
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Fair Value
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Fair Value Upside
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RDDT Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
118.35
Downside
-15.88%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year
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Reddit Inc Company Profile

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.

Employees
0

Reddit Inc SWOT Analysis


Financial Momentum
Reddit's Q3 2024 results showcase impressive growth, with revenue up 55% YoY to $310 million and positive GAAP net income, signaling strong monetization potential
User Engagement Surge
Explore Reddit's thriving user base, with 91.2 million Daily Active Users in Q3 2024, a 51% YoY increase, driven by enhanced user experience and content relevance
Data Licensing Goldmine
Delve into Reddit's lucrative data licensing deals with tech giants, potentially adding $54 million in annual EBITDA and opening doors for further partnerships
Global Expansion Strategy
Learn about Reddit's international growth acceleration through machine translation initiatives, targeting key markets like France, Spain, and Germany
Read full SWOT analysis

Compare RDDT to Peers and Sector

Metrics to compare
RDDT
Peers
Sector
Relationship
P/E Ratio
−46.0x−2.0x4.8x
PEG Ratio
0.39−0.570.01
Price/Book
12.5x5.8x1.8x
Price / LTM Sales
22.0x1.8x1.4x
Upside (Analyst Target)
−18.3%23.8%24.4%
Fair Value Upside
Unlock19.8%13.5%Unlock

Analysts' Recommendations

10 Buy
6 Hold
1 Sell
Ratings:
17 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 118.35

(-15.88% Downside)

FAQ

What Is the Reddit (RDDT) Stock Price Today?

The Reddit stock price today is 140.69

What Stock Exchange Does Reddit Trade On?

Reddit is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Reddit?

The stock symbol for Reddit is "RDDT."

What Is the Reddit Market Cap?

As of today, Reddit market cap is 24.70B.

What is Reddit Earnings Per Share?

The Reddit EPS is -4.62.

What Is the Next Reddit Earnings Date?

Reddit will release its next earnings report on 25 Feb 2025.
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