Reddit, Inc.

BST:6VO Stock Report

Market Cap: €33.8b

Reddit Valuation

Is 6VO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6VO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

€289.87
Fair Value
43.8% undervalued intrinsic discount
26
Number of Analysts

Below Fair Value: 6VO (€163) is trading below our estimate of fair value (€289.87)

Significantly Below Fair Value: 6VO is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6VO?

Key metric: As 6VO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 6VO. This is calculated by dividing 6VO's market cap by their current earnings.
What is 6VO's PE Ratio?
PE Ratio101.9x
EarningsUS$349.15m
Market CapUS$38.84b

Price to Earnings Ratio vs Peers

How does 6VO's PE Ratio compare to its peers?

The above table shows the PE ratio for 6VO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
G24 Scout24
31.1x11.59%€7.1b
EVD CTS Eventim KGaA
25.9x14.23%€7.3b
1024 Kuaishou Technology
17.4x16.41%HK$308.9b
BIDU Baidu
11.2x-5.74%US$41.7b
6VO Reddit
101.9x36.15%€38.8b

Price-To-Earnings vs Peers: 6VO is expensive based on its Price-To-Earnings Ratio (101.9x) compared to the peer average (21.5x).


Price to Earnings Ratio vs Industry

How does 6VO's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
6VO 101.9xIndustry Avg. 22.9xNo. of Companies6PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 6VO is expensive based on its Price-To-Earnings Ratio (101.9x) compared to the Global Interactive Media and Services industry average (22.9x).


Price to Earnings Ratio vs Fair Ratio

What is 6VO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6VO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio101.9x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6VO's Price-To-Earnings Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 6VO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€163.00
€208.77
+28.08%
18.12%€260.46€99.84n/a26
Oct ’26€172.00
€187.91
+9.25%
22.32%€255.66€93.74n/a26
Sep ’26n/a
€168.36
0%
17.26%€200.53€93.86n/a26
Aug ’26n/a
€167.41
0%
19.36%€202.95€64.77n/a26
Jul ’26n/a
€125.63
0%
19.50%€186.78€63.68n/a27
Jun ’26n/a
€132.34
0%
21.21%€193.78€66.06n/a25
May ’26n/a
€128.95
0%
24.29%€196.63€66.43n/a24
Apr ’26n/a
€175.45
0%
18.43%€217.82€69.52n/a21
Mar ’26n/a
€195.58
0%
10.96%€238.98€143.39n/a20
Feb ’26n/a
€176.67
0%
14.96%€221.03€100.91n/a19
Jan ’26n/a
€144.26
0%
26.32%€201.26€81.46n/a19
Dec ’25n/a
€112.77
0%
22.07%€166.74€66.70n/a17
Nov ’25n/a
€100.15
0%
12.32%€110.74€64.60€181.0017
Oct ’25n/a
€60.47
0%
13.01%€75.26€44.80€172.0016
Sep ’25n/a
€61.39
0%
13.20%€76.96€45.81n/a15
Aug ’25n/a
€61.32
0%
13.18%€77.57€46.18n/a15
Jul ’25n/a
€57.18
0%
11.79%€69.85€41.91n/a15
Jun ’25n/a
€55.30
0%
9.68%€64.38€41.39n/a15
May ’25n/a
€46.32
0%
9.45%€51.78€37.66n/a15
€208.74
Fair Value
21.9% undervalued intrinsic discount
26
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/04 11:11
End of Day Share Price 2025/11/04 00:00
Earnings2025/09/30
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. 27 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.