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Reddit, Inc.TSX:RDDT Stock Report

Market Cap CA$47.7b
Share Price
CA$15.96
CA$21.63
26.2% undervalued intrinsic discount
1Yn/a
7D-3.8%
1D
Portfolio Value
View

Reddit, Inc.

TSX:RDDT Stock Report

Market Cap: CA$47.7b

Reddit (RDDT) Stock Overview

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

RDDT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance6/6
Financial Health6/6
Dividends0/6

RDDT Community Fair Values

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Reddit, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reddit
Historical stock prices
Current Share PriceUS$15.96
52 Week HighUS$25.55
52 Week LowUS$11.68
Beta1.91
1 Month Change4.66%
3 Month Change19.10%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-18.61%

Recent News & Updates

Seeking Alpha Apr 16

Reddit: Q1 Earnings Should Mark An Inflection Point For Growth Quality

Summary Reddit’s growth is increasingly driven by ARPU expansion rather than user growth, with monetization more than offsetting the ongoing DAU slowdown. Incremental EBITDA margins near 60% suggest strong operating leverage, allowing earnings to scale faster than revenue even in a normalization scenario. Q1 earnings are less about headline growth and more about validating the sustainability of ARPU amid a weaker user mix and external traffic risks. Structural risks around AI disintermediation and Google search remain, the current setup still supports upside if monetization continues to execute. Read the full article on Seeking Alpha

Recent updates

Seeking Alpha Apr 16

Reddit: Q1 Earnings Should Mark An Inflection Point For Growth Quality

Summary Reddit’s growth is increasingly driven by ARPU expansion rather than user growth, with monetization more than offsetting the ongoing DAU slowdown. Incremental EBITDA margins near 60% suggest strong operating leverage, allowing earnings to scale faster than revenue even in a normalization scenario. Q1 earnings are less about headline growth and more about validating the sustainability of ARPU amid a weaker user mix and external traffic risks. Structural risks around AI disintermediation and Google search remain, the current setup still supports upside if monetization continues to execute. Read the full article on Seeking Alpha

Shareholder Returns

RDDTCA Interactive Media and ServicesCA Market
7D-3.8%-2.2%2.8%
1Yn/a-22.2%32.0%

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

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

Price Volatility

Is RDDT's price volatile compared to industry and market?
RDDT volatility
RDDT Average Weekly Movement10.3%
Interactive Media and Services Industry Average Movement8.1%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
20052,555Steve 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 capCA$47.67b
Earnings (TTM)CA$998.88m
Revenue (TTM)CA$3.49b
45.2x
P/E Ratio
12.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDDT income statement (TTM)
RevenueUS$2.47b
Cost of RevenueUS$213.39m
Gross ProfitUS$2.26b
Other ExpensesUS$1.55b
EarningsUS$707.54m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)3.68
Gross Margin91.37%
Net Profit Margin28.60%
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 Analysis2026/06/17 13:41
End of Day Share Price 2026/06/17 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 35 analysts. 31 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
Mark ShmulikBernstein
Justin PostBofA Global Research