RDDT Stock Overview
Operates a website that organizes digital communities. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Reddit, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$136.27 |
| 52 Week High | US$139.04 |
| 52 Week Low | US$37.35 |
| Beta | 0 |
| 11 Month Change | 73.48% |
| 3 Month Change | 141.48% |
| 1 Year Change | n/a |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 170.16% |
Recent News & 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 22Shareholder Returns
| RDDT | US Interactive Media and Services | US Market | |
|---|---|---|---|
| 7D | 3.2% | -1.9% | -1.0% |
| 1Y | n/a | 36.9% | 30.3% |
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 | 13.7% |
| Interactive Media and Services Industry Average Movement | 8.7% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.7% |
| 10% least volatile stocks in US Market | 3.1% |
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 (14%) has been stable over the past year, but is still higher than 75% of US stocks.
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$24.08b |
| Earnings (TTM) | -US$536.78m |
| Revenue (TTM) | US$1.12b |
21.3x
P/S Ratio-44.6x
P/E RatioIs RDDT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RDDT income statement (TTM) | |
|---|---|
| Revenue | US$1.12b |
| Cost of Revenue | US$120.67m |
| Gross Profit | US$1.00b |
| Other Expenses | US$1.54b |
| Earnings | -US$536.78m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -3.06 |
| Gross Margin | 89.25% |
| Net Profit Margin | -47.83% |
| Debt/Equity Ratio | 0% |
How did RDDT perform over the long term?
See historical performance and comparison