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Reddit Inc Class A (RDDT)
NYSE:RDDT
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RDDT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$37.35 - $180.74
Previous Close$172.65
Volume4.89M
Average Volume (3M)6.51M
Market Cap
$30.31B
Enterprise Value$28.64B
Total Cash (Recent Filing)$1.70B
Total Debt (Recent Filing)$28.13M
Price to Earnings (P/E)―
Beta2.51
Next Earnings
Feb 26, 2025EPS Estimate
$0.23Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.30
Shares Outstanding175,578,265
10 Day Avg. Volume7,068,434
30 Day Avg. Volume6,509,934
Standard Deviation0.29
R-Squared0.00008
Alpha0.16
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)16.00
Price to Sales (P/S)57.83
Price to Cash Flow (P/CF)267.00
P/FCF Ratio278.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue54.65
Enterprise Value/Gross Profit41.33
Enterprise Value/Ebitda-49.82
Forecast
1Y Price Target
$137.24Price Target Upside-20.51% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering17
Reddit Inc Class A News
Bulls Say, Bears Say
Bulls Say
Ad MonetizationThere is a strong belief that Reddit has ample opportunity to enhance ad monetization, which could significantly boost revenue and EBITDA.
Revenue GrowthHigher Reddit search and shopping revenues are key areas driving growth for RDDT in 2025.
User EngagementRDDT's engagement and advertising pipelines are expected to drive industry-leading user, time spent, and ad revenue growth.
Bears Say
Competitive LandscapeThere is a cautious stance due to the need for greater confidence in user growth trajectory over time and traction in the competitive online ad space.
Growth ChallengesTougher revenue comparisons in the first quarter are expected to slow growth and limit further multiple expansion.
ValuationReddit is trading at 11x revs, a significant premium compared to peers, suggesting that it may be overvalued.
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Ownership Overview
Currently, No data available
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RDDT FAQ
What was Reddit Inc Class A’s price range in the past 12 months?
Reddit Inc Class A lowest stock price was $37.35 and its highest was $180.74 in the past 12 months.
What is Reddit Inc Class A’s market cap?
Currently, no data Available
When is Reddit Inc Class A’s upcoming earnings report date?
Reddit Inc Class A’s upcoming earnings report date is Feb 26, 2025 which is in 65 days.
How were Reddit Inc Class A’s earnings last quarter?
Reddit Inc Class A released its earnings results on Oct 29, 2024. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of -$0.073 by $0.233.
Is Reddit Inc Class A overvalued?
According to Wall Street analysts Reddit Inc Class A’s price is currently Overvalued.
Does Reddit Inc Class A pay dividends?
Reddit Inc Class A does not currently pay dividends.
What is Reddit Inc Class A’s EPS estimate?
Reddit Inc Class A’s EPS estimate is $0.23.
How many shares outstanding does Reddit Inc Class A have?
Reddit Inc Class A has 119,734,990 shares outstanding.
What happened to Reddit Inc Class A’s price movement after its last earnings report?
Reddit Inc Class A reported an EPS of $0.16 in its last earnings report, beating expectations of -$0.073. Following the earnings report the stock price went up 41.975%.
Which hedge fund is a major shareholder of Reddit Inc Class A?
Among the largest hedge funds holding Reddit Inc Class A’s share is Blackstone Inc.. It holds Reddit Inc Class A’s shares valued at 49M.
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Reddit Inc Class A Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$137.24 (-20.51% Downside)
$137.24 (-20.51% Downside)
Blogger Sentiment
Bullish
RDDT Sentiment 74%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 75.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $409.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.1%
Last 30 Days ▲ 15.3%
Last 30 Days ▲ 15.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Fundamentals
Return on Equity
-31.80%
Trailing 12-Months
Asset Growth
39.61%
Trailing 12-Months
Company Description
Reddit Inc Class A
Headquartered in San Francisco, California, Reddit Inc. runs an online platform where users can join different communities to share posts, pictures, and videos about various topics. The platform allows people to vote on content, which helps decide what is most visible. Reddit is made up of thousands of different forums, known as subreddits, each focused on specific interests or themes. The site has millions of active users and provides a space for discussions, creativity, and connecting with others around shared interests.
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RDDT Earnings Call
Q3 2024
0:00 / 0:00
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RDDT Stock 12 Month Forecast
Average Price Target
$137.24
▼(-20.51% Downside)
Technical Analysis
Best Analysts Covering RDDT
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+217.53%
reiterated a buy rating 2 months ago
Copying Josh Beck's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +217.53% per trade.
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