Logo image of RDDT

REDDIT INC-CL A (RDDT) Stock Price, Quote, News and Overview

NYSE:RDDT - New York Stock Exchange, Inc. - US75734B1008 - Common Stock - Currency: USD

167.45  +5.67 (+3.5%)

RDDT Quote, Performance and Key Statistics

REDDIT INC-CL A

NYSE:RDDT (3/3/2025, 2:21:06 PM)

167.45

+5.67 (+3.5%)

Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
GICS IndustryGroupMedia & Entertainment
GICS SubIndustryInteractive Media & Services
Statistics
52 Week HighN/A
52 Week LowN/A
Market Cap29.40B
Shares175.58M
Float96.69M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PE148.53
Earnings (Next)05-05 2025-05-05
IPO03-21 2024-03-21


RDDT short term performance overview.The bars show the price performance of RDDT in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 50 100 150

RDDT long term performance overview.The bars show the price performance of RDDT in the last 1, 2 and 3 years. 1 year 2 years 3 years

The current stock price of RDDT is 167.45 USD. In the past month the price decreased by -18.67%.

REDDIT INC-CL A / RDDT Daily stock chart

RDDT Competitors/Peers

The largest stocks on the US markets in the "Interactive Media & Services" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
GOOG ALPHABET INC-CL C 21.19 2082.56B
GOOGL ALPHABET INC-CL A 20.97 2060.89B
META META PLATFORMS INC-CLASS A 27.73 1680.78B
BIDU BAIDU INC - SPON ADR 8.13 30.02B
PINS PINTEREST INC- CLASS A 25.16 24.74B
SNAP SNAP INC - A 34.64 17.04B
BILI BILIBILI INC-SPONSORED ADR 69.64 8.41B
MTCH MATCH GROUP INC 15.22 7.72B
BZ KANZHUN LTD - ADR 20.23 6.92B
NBIS NEBIUS GROUP NV N/A 6.75B
DJT TRUMP MEDIA & TECHNOLOGY GRO N/A 5.19B
IAC IAC INC N/A 4.00B

About RDDT

Company Profile

RDDT logo image Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest. The company is headquartered in San Francisco, California and currently employs 2,013 full-time employees. The company went IPO on 2024-03-21. The firm operates mobile applications and a Website that allows users to form communities and create and share content. Reddit is focused on bringing community, belonging, and empowerment to everyone in the world. Reddit is a global, digital city where anyone can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversation, and authentic human connections. The company offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. The company offers Memorable AI, that uses generative artificial intelligence to help marketers create better advertisements. Memorable AI technology help advertisers to find the effective text, images and videos to use in their sponsored messages.

Company Info

REDDIT INC-CL A

303 2Nd Street, South Tower, 5Th Floor

San Francisco CALIFORNIA US

Employees: 2013

Company Website: https://www.redditinc.com/

Phone: 14154948016

REDDIT INC-CL A / RDDT FAQ

What is the stock price of REDDIT INC-CL A today?

The current stock price of RDDT is 167.45 USD. The price increased by 3.5% in the last trading session.


What is the ticker symbol for REDDIT INC-CL A stock?

The exchange symbol of REDDIT INC-CL A is RDDT and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is RDDT stock listed?

RDDT stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for REDDIT INC-CL A stock?

25 analysts have analysed RDDT and the average price target is 213.97 USD. This implies a price increase of 27.78% is expected in the next year compared to the current price of 167.45. Check the REDDIT INC-CL A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is REDDIT INC-CL A worth?

REDDIT INC-CL A (RDDT) has a market capitalization of 29.40B USD. This makes RDDT a Large Cap stock.


How many employees does REDDIT INC-CL A have?

REDDIT INC-CL A (RDDT) currently has 2013 employees.


What are the support and resistance levels for REDDIT INC-CL A (RDDT) stock?

REDDIT INC-CL A (RDDT) has a support level at 161.77. Check the full technical report for a detailed analysis of RDDT support and resistance levels.


Is REDDIT INC-CL A (RDDT) expected to grow?

The Revenue of REDDIT INC-CL A (RDDT) is expected to grow by 41.35% in the next year. Check the estimates tab for more information on the RDDT EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy REDDIT INC-CL A (RDDT) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does REDDIT INC-CL A (RDDT) stock pay dividends?

RDDT does not pay a dividend.


When does REDDIT INC-CL A (RDDT) report earnings?

REDDIT INC-CL A (RDDT) will report earnings on 2025-05-05.


What is the Price/Earnings (PE) ratio of REDDIT INC-CL A (RDDT)?

REDDIT INC-CL A (RDDT) does not have a PE ratio as the earnings reported over the last twelve months were negative (-7.73).


What is the Short Interest ratio of REDDIT INC-CL A (RDDT) stock?

The outstanding short interest for REDDIT INC-CL A (RDDT) is 17.21% of its float. Check the ownership tab for more information on the RDDT short interest.


RDDT Technical Analysis

ChartMill assigns a technical rating of 2 / 10 to RDDT.


Chartmill TA Rating
Chartmill Setup Rating

RDDT Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to RDDT. RDDT has a great financial health rating, but its profitability evaluates not so good.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

RDDT Financial Highlights

Over the last trailing twelve months RDDT reported a non-GAAP Earnings per Share(EPS) of -7.73. The EPS decreased by -431.05% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -20.73%
ROE -22.73%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%233.08%
Sales Q2Q%71.25%
EPS 1Y (TTM)-431.05%
Revenue 1Y (TTM)61.71%

RDDT Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 78% to RDDT. The Buy consensus is the average rating of analysts ratings from 25 analysts.

For the next year, analysts expect an EPS growth of 114.58% and a revenue growth 41.35% for RDDT


Ownership
Inst Owners83.45%
Ins Owners9.73%
Short Float %17.21%
Short Ratio2.81
Analysts
Analysts77.6
Price Target213.97 (27.78%)
EPS Next Y114.58%
Revenue Next Year41.35%