Reddit, Inc.

BIT:1RDDT Stock Report

Market Cap: €33.6b

Reddit Future Growth

Future criteria checks 5/6

Reddit is forecast to grow earnings and revenue by 56.2% and 22.8% per annum respectively. EPS is expected to grow by 62.8% per annum. Return on equity is forecast to be 15.5% in 3 years.

Key information

56.2%

Earnings growth rate

62.8%

EPS growth rate

Interactive Media and Services earnings growth18.1%
Revenue growth rate22.8%
Future return on equity15.5%
Analyst coverage

Good

Last updated30 Jan 2025

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

BIT:1RDDT - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20272,7946981,0111,00110
12/31/20262,27240357974718
12/31/20251,75617740548219
12/31/20241,280-50724721219
9/30/20241,122-537105115N/A
6/30/2024981-5742335N/A
3/31/2024883-605-59-47N/A
12/31/2023804-91-85-75N/A
9/30/2023755-132-100-93N/A
6/30/2023719-170-124-119N/A
3/31/2023684-184-100-95N/A
12/31/2022667-159-100-94N/A
9/30/2022643-130-97-91N/A
6/30/2022593-92-67-63N/A
3/31/2022552-107-95-92N/A
12/31/2021485-128-132-130N/A
9/30/2021401-121-98-96N/A
12/31/2020229-59-65-62N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1RDDT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.5%).

Earnings vs Market: 1RDDT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1RDDT is expected to become profitable in the next 3 years.

Revenue vs Market: 1RDDT's revenue (22.8% per year) is forecast to grow faster than the Italian market (4.1% per year).

High Growth Revenue: 1RDDT's revenue (22.8% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1RDDT's Return on Equity is forecast to be low in 3 years time (15.5%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 15:52
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Reddit, Inc. is covered by 19 analysts. 19 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.