Reddit Future Growth
Future criteria checks 5/6
Reddit is forecast to grow earnings and revenue by 72.4% and 21.8% per annum respectively. EPS is expected to grow by 80.1% per annum. Return on equity is forecast to be 6.9% in 3 years.
Key information
72.4%
Earnings growth rate
80.1%
EPS growth rate
| Interactive Media and Services earnings growth | 12.2% |
| Revenue growth rate | 21.8% |
| Future return on equity | 6.9% |
| Analyst coverage | Good |
| Last updated | 18 Nov 2024 |
Recent future growth updates
Recent updates
3 Key Catalysts That Should Drive Reddit's Stock Much, Much Higher
Nov 12Reddit: Buying The Underdog For Its Pace Of Growth
Oct 29Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads
Oct 20Reddit, Inc.'s (NYSE:RDDT) 27% Jump Shows Its Popularity With Investors
Oct 05
Reddit: Has Upside As It Grows Its Users And Leverages Its Data
Sep 25Reddit: Primed To Move Higher
Sep 19Reddit: Continued Growth Justifies Additional Upside
Aug 30Reddit: Buy The Dip With Confidence (Rating Upgrade)
Aug 19Reddit: Waiting For A Better Price
Jul 24Top Pick: Reddit Is A Conviction Buy
Jul 17Reddit: OpenAI Partnership Will Spearhead Revenue Growth
Jun 16Reddit: OpenAI Deal Is Big
May 22Reddit: Is It A Buy Following Strong Earnings?
May 10Reddit: Too Much Love
Apr 29Buy Reddit As It Retreats From IPO Hype
Apr 23Reddit: A Robust Growth Prospect With Fuel Behind It
Mar 22Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 2,012 | 300 | 521 | 662 | 16 |
| 12/31/2025 | 1,649 | 130 | 364 | 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 (2.6%).
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 (21.8% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: RDDT's revenue (21.8% 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%).