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Reddit, Inc.NYSE:RDDT Stock Report

Market Cap US$40.3b
Share Price
US$215.44
My Fair Value
US$38
466.9% overvalued intrinsic discount
1Y310.3%
7D6.8%
Portfolio Value
View

Reddit, Inc.

NYSE:RDDT Stock Report

Market Cap: US$40.3b

Reddit (RDDT) Stock Overview

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

RDDT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for RDDT from our risk checks.

RDDT Community Fair Values

Create Narrative

See what 274 others think this stock is worth. Follow their fair value or set your own to get alerts.

US$38.00
FV
480.9% overvalued intrinsic discount
21.00%
Revenue growth p.a.
6users have liked this narrative
7users have commented on this narrative
26users have followed this narrative
about 1 year ago author updated this narrative

Reddit, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reddit
Historical stock prices
Current Share PriceUS$215.44
52 Week HighUS$230.41
52 Week LowUS$50.80
Beta0
1 Month Change47.98%
3 Month Change90.93%
1 Year Change310.28%
3 Year Changen/a
5 Year Changen/a
Change since IPO327.12%

Recent News & Updates

Reddit, Inc.'s (NYSE:RDDT) 28% Jump Shows Its Popularity With Investors

Aug 05
Reddit, Inc.'s (NYSE:RDDT) 28% Jump Shows Its Popularity With Investors

Rainbows and Unicorns: Reddit, Inc. (NYSE:RDDT) Analysts Just Became A Lot More Optimistic

Aug 03
Rainbows and Unicorns: Reddit, Inc. (NYSE:RDDT) Analysts Just Became A Lot More Optimistic

Reddit: Why Every AI Company Now Bows To The Front Page (Rating Upgrade)

Aug 02

Recent updates

Reddit, Inc.'s (NYSE:RDDT) 28% Jump Shows Its Popularity With Investors

Aug 05
Reddit, Inc.'s (NYSE:RDDT) 28% Jump Shows Its Popularity With Investors

Rainbows and Unicorns: Reddit, Inc. (NYSE:RDDT) Analysts Just Became A Lot More Optimistic

Aug 03
Rainbows and Unicorns: Reddit, Inc. (NYSE:RDDT) Analysts Just Became A Lot More Optimistic

Reddit: Why Every AI Company Now Bows To The Front Page (Rating Upgrade)

Aug 02
author-image

International Expansion And Machine Translation Will Unlock Value

International growth and product localization are driving rapid user and advertiser expansion, especially in key non-U.S. markets.

Shareholders Will Be Pleased With The Quality of Reddit's (NYSE:RDDT) Earnings

May 09
Shareholders Will Be Pleased With The Quality of Reddit's (NYSE:RDDT) Earnings

Reddit: A Good Time To Buy The Sharp Dip (Rating Upgrade)

Apr 14

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
author-image

Narrative update from Goran Damchevski

Reddit beat my estimates by producing $348M in quarterly revenues, up 68% YoY.

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
author-image

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

Reddit’s key segment is advertising with a focus on U.S. male demographics.

Reddit: Too Much Love

Apr 29

Buy Reddit As It Retreats From IPO Hype

Apr 23

Shareholder Returns

RDDTUS Interactive Media and ServicesUS Market
7D6.8%4.6%2.4%
1Y310.3%33.0%20.2%

Return vs Industry: RDDT exceeded the US Interactive Media and Services industry which returned 33% over the past year.

Return vs Market: RDDT exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is RDDT's price volatile compared to industry and market?
RDDT volatility
RDDT Average Weekly Movement9.9%
Interactive Media and Services Industry Average Movement8.5%
Market Average Movement6.5%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.1%

Stable Share Price: RDDT has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: RDDT's weekly volatility (10%) has been stable over the past year.

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$40.32b
Earnings (TTM)US$216.34m
Revenue (TTM)US$1.67b
186.4x
P/E Ratio
24.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDDT income statement (TTM)
RevenueUS$1.67b
Cost of RevenueUS$149.47m
Gross ProfitUS$1.52b
Other ExpensesUS$1.30b
EarningsUS$216.34m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.16
Gross Margin91.04%
Net Profit Margin12.97%
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 Analysis2025/08/11 17:09
End of Day Share Price 2025/08/08 00:00
Earnings2025/06/30
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 29 analysts. 26 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.