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RDDT logo

Reddit NYSE:RDDT Stock Report

Last Price

US$121.53

Market Cap

US$23.6b

7D

-19.4%

1Y

n/a

Updated

13 Mar, 2025

Data

Company Financials +

Reddit, Inc.

NYSE:RDDT Stock Report

Market Cap: US$23.6b

RDDT Stock Overview

Operates a digital community in the United States and internationally. More details

RDDT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 53.3% below our estimate of its fair value

Earnings are forecast to grow 50.42% per year

Analysts in good agreement that stock price will rise by 66.3%

Risk Analysis

Significant insider selling over the past 3 months

Volatile share price over the past 3 months compared to the US market


Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

RDDT logo
Reddit
GO
Goran_Damchevski
Equity Analyst

Advertising, Data Licensing and User Economy Could Be Enough to Drive Revenue Growth, If Successful

Key Takeaways Reddit’s key segment is advertising with a focus on U.S. male demographics. The target audience tends to be ad-resistant with low monetization potential.
View narrative
US$38.00
FV
219.8% overvalued intrinsic discount
21.00%
Revenue growth p.a.
4users have liked this narrative
0users have commented on this narrative
17users have followed this narrative
9 months ago author updated this narrative
View Reddit Community

Reddit, Inc. Competitors

Pinterest

NYSE:PINS

US$22.6b

Baidu

NasdaqGS:BIDU

US$32.4b

Snap

NYSE:SNAP

US$15.1b

Bilibili

NasdaqGS:BILI

US$8.8b

Price History & Performance

Summary of share price highs, lows and changes for Reddit
Historical stock prices
Current Share PriceUS$121.53
52 Week HighUS$230.41
52 Week LowUS$37.35
Beta0
1 Month Change-43.15%
3 Month Change-29.61%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO140.94%

Recent News & Updates

Reddit: The Hype Is Over, Is It A Good Investment Now?

Mar 11

Recent updates

Reddit: The Hype Is Over, Is It A Good Investment Now?

Mar 11

Reddit: A Chance To Load Up On The Dramatic Nosedive

Feb 13

Reddit, Inc.'s (NYSE:RDDT) P/S Is Still On The Mark Following 31% Share Price Bounce

Feb 13
Reddit, Inc.'s (NYSE:RDDT) P/S Is Still On The Mark Following 31% Share Price Bounce

Reddit: Update On My Top Conviction Pick Amidst Tech Bubble (Rating Downgrade)

Feb 04

Reddit: It's Time To Sell, Animal Spirits Have Taken Over (Rating Downgrade)

Jan 29

Reddit Has Outperformed My Expectations And Now I Want More Shares

Jan 01

After Leaping 25% Reddit, Inc. (NYSE:RDDT) Shares Are Not Flying Under The Radar

Dec 03
After Leaping 25% Reddit, Inc. (NYSE:RDDT) Shares Are Not Flying Under The Radar

Reddit Stock: Expensive Valuation, But Growth Will Continue Over The Next Few Years

Nov 30

3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher

Nov 12

Reddit: Buying The Underdog For Its Pace Of Growth

Oct 29

Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads

Oct 20

Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors

Oct 05
Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors

Reddit: Has Upside As It Grows Its Users And Leverages Its Data

Sep 25

Reddit: Primed To Move Higher

Sep 19

Reddit: Continued Growth Justifies Additional Upside

Aug 30

Reddit: Buy The Dip With Confidence (Rating Upgrade)

Aug 19

Reddit: Waiting For A Better Price

Jul 24

Top Pick: Reddit Is A Conviction Buy

Jul 17

Reddit: OpenAI Partnership Will Spearhead Revenue Growth

Jun 16

Reddit: OpenAI Deal Is Big

May 22

Reddit: Is It A Buy Following Strong Earnings?

May 10

Reddit: Too Much Love

Apr 29

Buy Reddit As It Retreats From IPO Hype

Apr 23

Reddit: A Robust Growth Prospect With Fuel Behind It

Mar 22

Shareholder Returns

RDDTUS Interactive Media and ServicesUS Market
7D-19.4%-5.8%-4.1%
1Yn/a15.0%6.6%

Return vs Industry: Insufficient data to determine how RDDT performed against the US Interactive Media and Services industry.

Return vs Market: Insufficient data to determine how RDDT performed against the US Market.

Price Volatility

Is RDDT's price volatile compared to industry and market?
RDDT volatility
RDDT Average Weekly Movement11.9%
Interactive Media and Services Industry Average Movement8.7%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.4%

Stable Share Price: RDDT's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RDDT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20052,233Steve Huffmanredditinc.com

Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also 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.

Reddit, Inc. Fundamentals Summary

How do Reddit's earnings and revenue compare to its market cap?
RDDT fundamental statistics
Market capUS$23.64b
Earnings (TTM)-US$484.28m
Revenue (TTM)US$1.30b

16.9x

P/S Ratio

-45.4x

P/E Ratio

Is RDDT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDDT income statement (TTM)
RevenueUS$1.30b
Cost of RevenueUS$123.60m
Gross ProfitUS$1.18b
Other ExpensesUS$1.66b
Earnings-US$484.28m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-2.68
Gross Margin90.49%
Net Profit Margin-37.25%
Debt/Equity Ratio0%

How did RDDT perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/13 04:09
End of Day Share Price 2025/03/13 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Reddit, Inc. is covered by 22 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Colin SebastianBaird
Justin PostBofA Global Research
Naved KhanB. Riley Securities, Inc.