Reddit (BMV:RDDT *) - Stock Price, News & Analysis

RDDT * Stock Overview

Operates a website that organizes digital communities.

RDDT * fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	4/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 48.5% below our estimate of its fair value

Earnings are forecast to grow 103.68% per year

Risk Analysis

Shares are highly illiquid

Significant insider selling over the past 3 months

Reddit, Inc. Competitors

Auto Trader Group

LSE:AUTO

UK£7.5b

CAR Group

ASX:CAR

AU$14.1b

Info Edge (India)

NSEI:NAUKRI

₹954.6b

Megacable Holdings S. A. B. de C. V

BMV:MEGA CPO

Mex$36.8b

Price History & Performance

Summary of all time highs, changes and price drops for Reddit
Historical stock prices
Current Share Price	US$1,065.00
52 Week High	US$1,065.00
52 Week Low	US$997.00
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	3.40%

Recent updates

Shareholder Returns

	RDDT *	MX Interactive Media and Services	MX Market
7D	3.4%	0%	0%
1Y	n/a	0%	0%

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

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

Price Volatility

Is RDDT *'s price volatile compared to industry and market?
RDDT * volatility
RDDT * Average Weekly Movement	n/a
Interactive Media and Services Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in MX Market	0%
10% least volatile stocks in MX Market	0%

Stable Share Price: RDDT * has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine RDDT *'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?
RDDT * fundamental statistics
Market cap	Mex$178.78b
Earnings (TTM)	-Mex$10.96b
Revenue (TTM)	Mex$18.74b

10.0x

P/S Ratio

-17.1x

P/E Ratio

Is RDDT * overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RDDT * income statement (TTM)
Revenue	US$981.41m
Cost of Revenue	US$112.43m
Gross Profit	US$868.98m
Other Expenses	US$1.44b
Earnings	-US$574.01m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-3.46
Gross Margin	88.54%
Net Profit Margin	-58.49%
Debt/Equity Ratio	0%

How did RDDT * perform over the long term?

See historical performance and comparison

Reddit BMV:RDDT * Stock Report