Reddit, Inc. (RDDT)

US — Communication Services Sector
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Key Metrics & Ratings

  • symbol RDDT
  • Rev/Share 7.9638
  • Book/Share 12.1804
  • PB 13.1843
  • Debt/Equity 0.012
  • CurrentRatio 12.4647
  • ROIC 0.0148

 

  • MktCap 29632163796.0
  • FreeCF/Share 1.7207
  • PFCF 94.6092
  • PE 249.951
  • Debt/Assets 0.0109
  • DivYield 0
  • ROE 0.0569

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated RDDT Needham -- Buy $145 $165 July 23, 2025
Reiterated RDDT Wells Fargo -- Equal Weight $115 $118 July 1, 2025
Initiation RDDT Cleveland Research -- Buy -- -- June 25, 2025
Initiation RDDT RBC Capital Mkts -- Sector Perform -- $125 June 3, 2025
Downgrade RDDT Wells Fargo Overweight Equal Weight -- $115 May 19, 2025
Upgrade RDDT Seaport Research Partners Neutral Buy -- $165 May 5, 2025
Upgrade RDDT Bernstein Underperform Market Perform -- $130 May 2, 2025
Initiation RDDT Oppenheimer -- Outperform -- $125 April 16, 2025
Initiation RDDT Truist -- Buy -- $150 April 7, 2025
Initiation RDDT Redburn Atlantic -- Sell -- $75 March 17, 2025

News

Reddit Shifting Towards Search as Company Wants to Become a Search Engine
RDDT
Published: August 01, 2025 by: CNET
Sentiment: Positive

CEO Huffman wants to expand Reddit Answers to capitalize on increasing demand for Reddit results.

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image for news Reddit Shifting Towards Search as Company Wants to Become a Search Engine
Reddit's Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
RDDT
Published: August 01, 2025 by: Zacks Investment Research
Sentiment: Positive

RDDT posts a strong Q2 with EPS of 45 cents and 78% revenue growth, fueled by surging ad sales and global user expansion.

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image for news Reddit's Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise
Top Stock Movers Now: Amazon, Newell Brands, Reddit, and More
AMZN, NWL, RDDT
Published: August 01, 2025 by: Investopedia
Sentiment: Negative

U.S. equities plunged at midday on a weaker-than-expected jobs report and President Donald Trump's announcement of new tariffs. The Nasdaq lost nearly 2%, and the Dow Jones Industrial Average and S&P 500 slid more than 1%.

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image for news Top Stock Movers Now: Amazon, Newell Brands, Reddit, and More
Reddit's stock is soaring, and analysts think it has further to go
RDDT
Published: August 01, 2025 by: Market Watch
Sentiment: Positive

Analysts are raising their Reddit price targets and reiterating their buy ratings after the social-media platform's better-than-expected second-quarter results.

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image for news Reddit's stock is soaring, and analysts think it has further to go
Reddit Stock Extends Recovery Thanks To Surprise Q2 Report
RDDT
Published: August 01, 2025 by: Schaeffers Research
Sentiment: Positive

Shares of Reddit Inc (NYSE:RDDT) have surged this morning, after the social media platform posted adjusted second quarter earnings of $0.45, easily ahead of the $0.19 that was expected.

Read More
image for news Reddit Stock Extends Recovery Thanks To Surprise Q2 Report
Reddit stock is soaring today. CEO Steve Huffman says it's good news for humans in an AI world
RDDT
Published: August 01, 2025 by: Fast Company
Sentiment: Positive

It's an understatement to say that Reddit had an excellent second quarter. On Thursday, July 31, the social media company reported a boost in revenue from $281 million to $500 million—a 78% increase year-over-year (YOY).

Read More
image for news Reddit stock is soaring today. CEO Steve Huffman says it's good news for humans in an AI world
Reddit Q2 Revenue Jumps 78%—Analysts Remain Cautious Despite The Surge
RDDT
Published: August 01, 2025 by: Benzinga
Sentiment: Positive

Reddit Inc.‘s RDDT recent stock surge highlights a broader trend of tech companies outperforming expectations this earnings season, driven by robust user engagement and advertising growth. This momentum sets the stage for a detailed analysis of Reddit's financial performance and the varied reactions from industry analysts.

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image for news Reddit Q2 Revenue Jumps 78%—Analysts Remain Cautious Despite The Surge
Reddit Turns a Profit as User Gains Boost Revenue
RDDT
Published: August 01, 2025 by: Investopedia
Sentiment: Positive

Shares of Reddit (RDDT) soared more than 15% Friday, a day after the social media platform turned a profit and beat revenue forecasts as it added more users.

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image for news Reddit Turns a Profit as User Gains Boost Revenue
Reddit crushes second quarter estimates, shares surge
RDDT
Published: August 01, 2025 by: Proactive Investors
Sentiment: Positive

Reddit (NYSE:RDDT) shares popped more than 17% premarket as the social media platform's second quarter earnings crushed Wall Street estimates. Revenue surged 78% year-over-year to $500 million, ahead of estimates of $426.5 million.

Read More
image for news Reddit crushes second quarter estimates, shares surge
Reddit surges as AI-driven ad strategy wins praise from Wall Street
RDDT
Published: August 01, 2025 by: Reuters
Sentiment: Positive

Reddit's shares jumped 15% before the bell on Friday after it reported quarterly results that exceeded Street expectations, boosting investor confidence in the platform's AI-based advertising tools and strong user engagement.

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image for news Reddit surges as AI-driven ad strategy wins praise from Wall Street
Deadline Alert: Reddit, Inc. (RDDT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
RDDT
Published: July 31, 2025 by: GlobeNewsWire
Sentiment: Neutral

LOS ANGELES, July 31, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 18, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Reddit, Inc. (“Reddit” or the “Company”) (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025, inclusive (the “Class Period”).

Read More
image for news Deadline Alert: Reddit, Inc. (RDDT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
RDDT
Published: July 31, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , July 31, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Reddit, Inc. ("Reddit" or the "Company") (NYSE: RDDT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RDDT
Published: July 30, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , July 30, 2025 /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Reddit, Inc. ("Reddit" or the "Company") (NYSE: RDDT). IF YOU SUFFERED A LOSS ON YOUR REDDIT INVESTMENTS, CLICK HERE BEFORE AUGUST 18, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT What Is The Lawsuit About?

Read More
image for news Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RDDT INVESTORS: Reddit, Inc. (NYSE:RDDT) Investors may have been Affected by Fraud – Contact BFA Law by August 18 about Potentially Recovering Losses
RDDT
Published: July 30, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Reddit, Inc. (NYSE: RDDT) and certain of the Company's senior executives for potential violations of the federal securities laws. If you invested in Reddit, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases-investigations/reddit-inc-securities-fraud-class-action.

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image for news RDDT INVESTORS: Reddit, Inc. (NYSE:RDDT) Investors may have been Affected by Fraud – Contact BFA Law by August 18 about Potentially Recovering Losses
ROSEN, A LEADING LAW FIRM, Encourages Reddit, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RDDT
RDDT
Published: July 29, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Reddit, Inc. (NYSE: RDDT) between October 29, 2024 and May 20, 2025, both dates inclusive (the “Class Period”), of the important August 18, 2025 lead plaintiff deadline.

Read More
image for news ROSEN, A LEADING LAW FIRM, Encourages Reddit, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RDDT
Reddit Stock Before Q2 Earnings: Hold or Fold the Stock?
RDDT
Published: July 29, 2025 by: Zacks Investment Research
Sentiment: Negative

RDDT's Q2 earnings may reflect continued advertising momentum, though stretched valuation and macroeconomic uncertainty are challenges.

Read More
image for news Reddit Stock Before Q2 Earnings: Hold or Fold the Stock?
DEADLINE ALERT for RCKT, DDD, TEM, RDDT: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
RDDT
Published: July 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

BENSALEM, Pa., July 28, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G.

Read More
image for news DEADLINE ALERT for RCKT, DDD, TEM, RDDT: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
RDDT
Published: July 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Reddit, Inc. (“Reddit” or the “Company”) (NYSE: RDDT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
RDDT Shareholders Have the Right to Lead the Reddit, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - RDDT
RDDT
Published: July 28, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , July 28, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Reddit, Inc. ("Reddit" or "the Company") (NYSE: RDDT) for violations of the federal securities laws. Shareholders who purchased the Company's securities between October 29, 2024 and May 20, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before August 18, 2025.

Read More
image for news RDDT Shareholders Have the Right to Lead the Reddit, Inc. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - RDDT
RDDT Investors Have Opportunity to Lead Reddit, Inc. Securities Fraud Lawsuit with the Schall Law Firm
RDDT
Published: July 28, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , July 28, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Reddit, Inc. ("Reddit" or "the Company") (NYSE: RDDT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between October 29, 2024 and May 20, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before August 18, 2025.

Read More
image for news RDDT Investors Have Opportunity to Lead Reddit, Inc. Securities Fraud Lawsuit with the Schall Law Firm
Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RDDT
Published: July 25, 2025 by: PRNewsWire
Sentiment: Neutral

BENSALEM, Pa., July 25, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Reddit, Inc. ("Reddit" or the "Company") (NYSE: RDDT).

Read More
image for news Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Deadline Alert: Reddit, Inc. (RDDT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
RDDT
Published: July 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

LOS ANGELES, July 24, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming August 18, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Reddit, Inc. (“Reddit” or the “Company”) (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025, inclusive (the “Class Period”).

Read More
image for news Deadline Alert: Reddit, Inc. (RDDT) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?
RDDT
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

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image for news Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?
Reddit: Expecting A Revenge Rally In H2
RDDT
Published: July 24, 2025 by: Seeking Alpha
Sentiment: Positive

Reddit's Q1 FY25 results far exceeded expectations, with 61% YoY revenue growth and strong margin expansion, driving upward revisions in consensus estimates. Ongoing product innovation in search and machine translation is boosting user engagement and advertising revenue, positioning Reddit for continued outperformance. Despite ambitious growth, Reddit maintains low capex and growing free cash flow, reflecting improving operational efficiency and financial health.

Read More
image for news Reddit: Expecting A Revenge Rally In H2
Meet the new meme stocks: Krispy Kreme, GoPro, and Kohl's shares soar as Reddit traders drive hype cycle
DNUT, GPRO, KSS, RDDT
Published: July 23, 2025 by: Fast Company
Sentiment: Positive

Over the past several days, the share prices of three companies have surged 25% or more in a single trading session. Those companies are Krispy Kreme, GoPro, and Kohl's.

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image for news Meet the new meme stocks: Krispy Kreme, GoPro, and Kohl's shares soar as Reddit traders drive hype cycle
August 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RDDT
RDDT
Published: July 22, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, July 22, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Reddit, Inc. ("Reddit, Inc." or the "Company") (NYSE: RDDT) of a class action securities lawsuit.

Read More
image for news August 18, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against RDDT
Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
RDDT
Published: July 22, 2025 by: PRNewsWire
Sentiment: Neutral

LOS ANGELES , July 22, 2025 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to Reddit, Inc. ("Reddit" or the "Company") (NYSE: RDDT) have opportunity to lead the securities fraud class action lawsuit.

Read More
image for news Reddit, Inc. (RDDT) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
RDDT
Published: July 22, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , July 22, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Reddit, Inc. ("Reddit" or the "Company") (NYSE: RDDT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Reddit, Inc. of Class Action Lawsuit and Upcoming Deadlines - RDDT
DEADLINE ALERT for RCKT, DDD, TEM, RDDT: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
RDDT
Published: July 21, 2025 by: GlobeNewsWire
Sentiment: Neutral

BENSALEM, Pa., July 21, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Read More
image for news DEADLINE ALERT for RCKT, DDD, TEM, RDDT: Law Offices of Howard G. Smith Reminds Investors of Opportunity to Lead Securities Fraud Class Actions
Reddit, Inc. Class Action: The Gross Law Firm Reminds Reddit, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 18, 2025 - RDDT
RDDT
Published: July 21, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , July 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Reddit, Inc. (NYSE: RDDT). Shareholders who purchased shares of RDDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

Read More
image for news Reddit, Inc. Class Action: The Gross Law Firm Reminds Reddit, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 18, 2025 - RDDT

About Reddit, Inc. (RDDT)

  • IPO Date 2024-03-21
  • Website https://www.redditinc.com
  • Industry Internet Content & Information
  • CEO Steven Ladd Huffman
  • Employees 2233

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. operates as a subsidiary of Advance Publications, Inc.