Reddit Future Growth
Future criteria checks 5/6
Reddit is forecast to grow earnings and revenue by 72.9% and 21.3% per annum respectively. EPS is expected to grow by 81.3% per annum. Return on equity is forecast to be 6.9% in 3 years.
Key information
72.9%
Earnings growth rate
81.3%
EPS growth rate
Interactive Media and Services earnings growth | 0% |
Revenue growth rate | 21.3% |
Future return on equity | 6.9% |
Analyst coverage | Good |
Last updated | 01 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 1,990 | 292 | 488 | 662 | 16 |
12/31/2025 | 1,640 | 124 | 344 | 435 | 17 |
12/31/2024 | 1,272 | -512 | 254 | 200 | 16 |
9/30/2024 | 1,122 | -537 | 105 | 115 | N/A |
6/30/2024 | 981 | -574 | 23 | 35 | N/A |
3/31/2024 | 883 | -605 | -59 | -47 | N/A |
12/31/2023 | 804 | -91 | -85 | -75 | N/A |
9/30/2023 | 755 | -132 | -100 | -93 | N/A |
6/30/2023 | 719 | -170 | -124 | -119 | N/A |
3/31/2023 | 684 | -184 | -100 | -95 | N/A |
12/31/2022 | 667 | -159 | -100 | -94 | N/A |
9/30/2022 | 643 | -130 | -97 | -91 | N/A |
6/30/2022 | 593 | -92 | -67 | -63 | N/A |
3/31/2022 | 552 | -107 | -95 | -92 | N/A |
12/31/2021 | 485 | -128 | -132 | -130 | N/A |
9/30/2021 | 401 | -121 | -98 | -96 | N/A |
12/31/2020 | 229 | -59 | -65 | -62 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDDT * is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (8.1%).
Earnings vs Market: RDDT * is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RDDT * is expected to become profitable in the next 3 years.
Revenue vs Market: RDDT *'s revenue (21.3% per year) is forecast to grow faster than the MX market (7.1% per year).
High Growth Revenue: RDDT *'s revenue (21.3% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDDT *'s Return on Equity is forecast to be low in 3 years time (6.9%).