Reddit Future Growth
Future criteria checks 5/6
Reddit is forecast to grow earnings and revenue by 71.4% and 23.9% per annum respectively. EPS is expected to grow by 78% per annum. Return on equity is forecast to be 10.6% in 3 years.
Key information
71.4%
Earnings growth rate
78.0%
EPS growth rate
| Interactive Media and Services earnings growth | 12.2% |
| Revenue growth rate | 23.9% |
| Future return on equity | 10.6% |
| Analyst coverage | Good |
| Last updated | 20 Dec 2024 |
Recent future growth updates
Recent updates
After Leaping 25% Reddit, Inc. (NYSE:RDDT) Shares Are Not Flying Under The Radar
Dec 03
Reddit Stock: Expensive Valuation, But Growth Will Continue Over The Next Few Years
Nov 303 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 05Reddit: 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 | 2,167 | 376 | 521 | 746 | 18 |
| 12/31/2025 | 1,713 | 161 | 364 | 482 | 19 |
| 12/31/2024 | 1,277 | -509 | 247 | 212 | 19 |
| 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 (23.9% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: RDDT's revenue (23.9% 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 (10.6%).
Discover growth companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:54 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
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Analyst Sources
Reddit, Inc. is covered by 19 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Colin Sebastian | Baird |
| Justin Post | BofA Global Research |
| Naved Khan | B. Riley Securities, Inc. |