REDDIT INC-CL A (RDDT) Stock Price, Forecast & Analysis
USA - NYSE:RDDT - US75734B1008 - Common Stock
RDDT Key Statistics, Chart & Performance
The current stock price of RDDT is 194.49 USD. In the past month the price decreased by -2.98%. In the past year, price increased by 45.6%.
RDDT Latest News, Press Relases and Analysis
RDDT Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| GOOG | ALPHABET INC-CL C | 29.22 | 3473.94B | ||
| GOOGL | ALPHABET INC-CL A | 29.16 | 3467.23B | ||
| META | META PLATFORMS INC-CLASS A | 21.74 | 1575.16B | ||
| BIDU | BAIDU INC - SPON ADR | 13.56 | 45.36B | ||
| PINS | PINTEREST INC- CLASS A | 18.11 | 18.47B | ||
| SNAP | SNAP INC - A | 28.34 | 13.89B | ||
| BILI | BILIBILI INC-SPONSORED ADR | 54.79 | 12.01B | ||
| MTCH | MATCH GROUP INC | 14.04 | 7.91B | ||
| DJT | TRUMP MEDIA & TECHNOLOGY GRO | N/A | 3.91B | ||
| GTM | ZOOMINFO TECHNOLOGIES INC | 10.67 | 3.47B | ||
| CARG | CARGURUS INC | 16.71 | 3.37B | ||
| JOYY | JOYY INC-ADR | 11.01 | 3.11B |
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About RDDT
Company Profile
Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. The company is headquartered in San Francisco, California and currently employs 2,233 full-time employees. The company went IPO on 2024-03-21. Reddit is a community of communities. The company is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world 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 conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. The company has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
Company Info
REDDIT INC-CL A
303 2nd Street, Suite 500S
San Francisco CALIFORNIA US
Employees: 2233
Phone: 14154948016
REDDIT INC-CL A / RDDT FAQ
What does REDDIT INC-CL A do?
Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. The company is headquartered in San Francisco, California and currently employs 2,233 full-time employees. The company went IPO on 2024-03-21. Reddit is a community of communities. The company is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world 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 conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. The company has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
What is the stock price of REDDIT INC-CL A today?
The current stock price of RDDT is 194.49 USD. The price decreased by -0.91% in the last trading session.
Does REDDIT INC-CL A pay dividends?
RDDT does not pay a dividend.
How is the ChartMill rating for REDDIT INC-CL A?
RDDT has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 6 out of 10.
On which exchange is RDDT stock listed?
RDDT stock is listed on the New York Stock Exchange, Inc. exchange.
Can you provide the sector and industry classification for REDDIT INC-CL A?
REDDIT INC-CL A (RDDT) operates in the Communication Services sector and the Interactive Media & Services industry.
What is REDDIT INC-CL A worth?
REDDIT INC-CL A (RDDT) has a market capitalization of 36.40B USD. This makes RDDT a Large Cap stock.
RDDT Technical Analysis
ChartMill assigns a technical rating of 3 / 10 to RDDT. When comparing the yearly performance of all stocks, RDDT is one of the better performing stocks in the market, outperforming 82.38% of all stocks.
RDDT Fundamental Analysis
ChartMill assigns a fundamental rating of 6 / 10 to RDDT. While RDDT has a great health rating, its profitability is only average at the moment.
RDDT Financial Highlights
Over the last trailing twelve months RDDT reported a non-GAAP Earnings per Share(EPS) of 1.74. The EPS increased by 153.82% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 18.33% | ||
| ROA | 12.14% | ||
| ROE | 13.37% | ||
| Debt/Equity | 0 |
RDDT Forecast & Estimates
34 analysts have analysed RDDT and the average price target is 238.64 USD. This implies a price increase of 22.7% is expected in the next year compared to the current price of 194.49.
For the next year, analysts expect an EPS growth of 127.93% and a revenue growth 66.16% for RDDT