Reddit, Inc.

NYSE:RDDT Stock Report

Market Cap: US$31.1b

Reddit Management

Management criteria checks 2/4

Reddit's CEO is Steve Huffman, appointed in Jan 2005, has a tenure of 19.92 years. total yearly compensation is $193.25M, comprised of 0.2% salary and 99.8% bonuses, including company stock and options. directly owns 2.23% of the company’s shares, worth $693.07M. The average tenure of the management team and the board of directors is 5.3 years and 3.7 years respectively.

Key information

Steve Huffman

Chief executive officer

US$193.2m

Total compensation

CEO salary percentage0.2%
CEO tenure19.9yrs
CEO ownership2.2%
Management average tenure5.3yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

After Leaping 25% Reddit, Inc. (NYSE:RDDT) Shares Are Not Flying Under The Radar

Dec 03
After Leaping 25% Reddit, Inc. (NYSE:RDDT) Shares Are Not Flying Under The Radar

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

CEO Compensation Analysis

How has Steve Huffman's remuneration changed compared to Reddit's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$537m

Jun 30 2024n/an/a

-US$574m

Mar 31 2024n/an/a

-US$605m

Dec 31 2023US$193mUS$341k

-US$91m

Sep 30 2023n/an/a

-US$132m

Jun 30 2023n/an/a

-US$170m

Mar 31 2023n/an/a

-US$184m

Dec 31 2022US$332kUS$200k

-US$159m

Compensation vs Market: Steve's total compensation ($USD193.25M) is above average for companies of similar size in the US market ($USD12.84M).

Compensation vs Earnings: Steve's compensation has increased whilst the company is unprofitable.

CEO

Steve Huffman (39 yo)

19.9yrs

Tenure

US$193,249,486

Compensation

Mr. Steven Ladd Huffman, also known as Steve, serves as Independent Director at Vy Global Growth since October 2020. Mr. Huffman co-founded Reddit, Inc. in 2005 and serves as its Chief Executive Officer, P...

Leadership Team

NamePositionTenureCompensationOwnership
Steven Huffman
Co-Founder19.9yrsUS$193.25m2.23%
$ 693.1m
Andrew Vollero
Chief Financial Officer3.8yrsUS$6.56m0.40%
$ 124.8m
Jennifer Wong
Chief Operating Officer6.7yrsUS$92.53m0.95%
$ 295.4m
Michelle Reynolds
Chief Accounting Officer3.9yrsno data0.035%
$ 10.9m
Christopher Slowe
Chief Technology Officer7.6yrsno data0.20%
$ 62.1m
Fredrick Lee
Chief Information Security Officerno datano datano data
Jesse Rose
Head of Investor Relationsno datano datano data
Benjamin Lee
Chief Legal Officer & Corporate Secretary5.3yrsno data0.079%
$ 24.6m
Roxy Young
Chief Marketing & Consumer Experience Officerno datano datano data
Nellie Peshkov
Chief People Officerno datano datano data
Saad Rehmani
Executive Vice President of Engineeringno datano datano data
Jim Squires
EVP of Business Marketing & Growth and New Orgs1.9yrsno datano data

5.3yrs

Average Tenure

48yo

Average Age

Experienced Management: RDDT's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Steven Huffman
Co-Founder9.4yrsUS$193.25m2.23%
$ 693.1m
Patricia Fili-Krushel
Independent Director2.9yrsUS$229.46k0%
$ 0
Robert Sauerberg
Independent Vice Chairman12.7yrsno data0.015%
$ 4.8m
Steven Newhouse
Independent Directorless than a yearno datano data
David Habiger
Independent Chairman2.1yrsUS$512.60k0.0017%
$ 532.7k
Michael Seibel
Independent Director4.4yrsno data0%
$ 0
Porter Gale
Independent Director5.7yrsno data0.023%
$ 7.3m
Sarah Farrell
Directorless than a yearno datano data

3.7yrs

Average Tenure

56yo

Average Age

Experienced Board: RDDT's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:04
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

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.

AnalystInstitution
Colin SebastianBaird
Justin PostBofA Global Research
Naved KhanB. Riley Securities, Inc.