RDDT Stock Overview
Reddit, Inc. operates a website that organizes digital communities.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Reddit, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$45.88 |
| 52 Week High | US$74.90 |
| 52 Week Low | US$37.35 |
| Beta | 0 |
| 1 Month Change | -0.20% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -9.04% |
Recent News & Updates
Shareholder Returns
| RDDT | US Interactive Media and Services | US Market | |
|---|---|---|---|
| 7D | 6.3% | 3.3% | -0.7% |
| 1Y | n/a | 62.9% | 22.8% |
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
| RDDT volatility | |
|---|---|
| RDDT Average Weekly Movement | n/a |
| Interactive Media and Services Industry Average Movement | 8.0% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: RDDT's share price has been volatile over 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
| RDDT fundamental statistics | |
|---|---|
| Market cap | US$7.21b |
| Earnings (TTM) | -US$90.82m |
| Revenue (TTM) | US$804.03m |
9.3x
P/S Ratio-82.0x
P/E RatioIs RDDT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RDDT income statement (TTM) | |
|---|---|
| Revenue | US$804.03m |
| Cost of Revenue | US$111.01m |
| Gross Profit | US$693.02m |
| Other Expenses | US$783.84m |
| Earnings | -US$90.82m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 07, 2024
| Earnings per share (EPS) | -0.56 |
| Gross Margin | 86.19% |
| Net Profit Margin | -11.30% |
| Debt/Equity Ratio | 0% |
How did RDDT perform over the long term?
See historical performance and comparison