Reddit (BIT:1RDDT) - Stock Price, News & Analysis

1RDDT Stock Overview

Operates a website that organizes digital communities. More details

1RDDT fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 34.1% below our estimate of its fair value

Earnings are forecast to grow 72.42% per year

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Reddit, Inc. Competitors

Adventure

BIT:ADV

€128.1m

NAVER

KOSE:A035420

₩28.6t

Kuaishou Technology

SEHK:1024

HK$200.0b

REA Group

ASX:REA

AU$32.6b

Price History & Performance

Summary of all time highs, changes and price drops for Reddit
Historical stock prices
Current Share Price	US$142.72
52 Week High	US$131.36
52 Week Low	US$100.90
Beta	0
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	44.16%

Recent updates

Shareholder Returns

	1RDDT	IT Interactive Media and Services	IT Market
7D	12.9%	5.3%	-0.7%
1Y	n/a	10.3%	12.7%

Return vs Industry: Insufficient data to determine how 1RDDT performed against the Italian Interactive Media and Services industry.

Return vs Market: Insufficient data to determine how 1RDDT performed against the Italian Market.

Price Volatility

Is 1RDDT's price volatile compared to industry and market?
1RDDT volatility
1RDDT Average Weekly Movement	n/a
Interactive Media and Services Industry Average Movement	5.3%
Market Average Movement	4.2%
10% most volatile stocks in IT Market	7.5%
10% least volatile stocks in IT Market	2.4%

Stable Share Price: 1RDDT's share price has been volatile over the past 3 months compared to the Italian market.

Volatility Over Time: Insufficient data to determine 1RDDT's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2005	1,991	Steve Huffman	www.redditinc.com

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.

Reddit, Inc. Fundamentals Summary

How do Reddit's earnings and revenue compare to its market cap?
1RDDT fundamental statistics
Market cap	€22.75b
Earnings (TTM)	-€510.37m
Revenue (TTM)	€1.07b

21.3x

P/S Ratio

-44.6x

P/E Ratio

Is 1RDDT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1RDDT income statement (TTM)
Revenue	US$1.12b
Cost of Revenue	US$120.67m
Gross Profit	US$1.00b
Other Expenses	US$1.54b
Earnings	-US$536.78m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-3.06
Gross Margin	89.25%
Net Profit Margin	-47.83%
Debt/Equity Ratio	0%

How did 1RDDT perform over the long term?

See historical performance and comparison

Reddit BIT:1RDDT Stock Report