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Reddit NYSE:RDDT Stock Report

Last Price

US$141.64

Market Cap

US$24.7b

7D

-0.2%

1Y

n/a

Updated

02 Dec, 2024

Data

Company Financials +

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US$38.00
FV
272.7% overvalued intrinsic discount
21.00%
Revenue growth p.a.
4users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
5 months ago author updated this narrative

Reddit, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reddit
Historical stock prices
Current Share PriceUS$141.64
52 Week HighUS$158.49
52 Week LowUS$37.35
Beta0
11 Month Change25.37%
3 Month Change146.20%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO180.81%

Recent News & Updates

Reddit Stock: Expensive Valuation, But Growth Will Continue Over The Next Few Years

Nov 30

3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher

Nov 12

Recent updates

Reddit Stock: Expensive Valuation, But Growth Will Continue Over The Next Few Years

Nov 30

3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher

Nov 12

Reddit: Buying The Underdog For Its Pace Of Growth

Oct 29

Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads

Oct 20

Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors

Oct 05
Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors

Reddit: Has Upside As It Grows Its Users And Leverages Its Data

Sep 25

Reddit: Primed To Move Higher

Sep 19

Reddit: Continued Growth Justifies Additional Upside

Aug 30

Reddit: Buy The Dip With Confidence (Rating Upgrade)

Aug 19

Reddit: Waiting For A Better Price

Jul 24

Top Pick: Reddit Is A Conviction Buy

Jul 17

Reddit: OpenAI Partnership Will Spearhead Revenue Growth

Jun 16

Reddit: OpenAI Deal Is Big

May 22

Reddit: Is It A Buy Following Strong Earnings?

May 10

Reddit: Too Much Love

Apr 29

Buy Reddit As It Retreats From IPO Hype

Apr 23

Reddit: A Robust Growth Prospect With Fuel Behind It

Mar 22

Shareholder Returns

RDDTUS Interactive Media and ServicesUS Market
7D-0.2%3.3%0.7%
1Yn/a46.8%32.2%

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

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

Price Volatility

Is RDDT's price volatile compared to industry and market?
RDDT volatility
RDDT Average Weekly Movement14.5%
Interactive Media and Services Industry Average Movement8.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

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

Volatility Over Time: RDDT's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20051,991Steve Huffmanwww.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 capUS$24.70b
Earnings (TTM)-US$536.78m
Revenue (TTM)US$1.12b

22.2x

P/S Ratio

-46.3x

P/E Ratio

Earnings & Revenue

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

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.06
Gross Margin89.25%
Net Profit Margin-47.83%
Debt/Equity Ratio0%

How did RDDT perform over the long term?

See historical performance and comparison