Reddit, Inc. (RDDT)

US — Communication Services Sector
Peers:

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Key Metrics & Ratings

  • symbol RDDT
  • Rev/Share 7.9638
  • Book/Share 12.1804
  • PB 8.9513
  • Debt/Equity 0.012
  • CurrentRatio 12.4647
  • ROIC 0.0148

 

  • MktCap 20118281781.0
  • FreeCF/Share 1.7207
  • PFCF 64.2334
  • PE 169.7002
  • 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
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
Initiation RDDT Seaport Research Partners -- Neutral -- -- Feb. 6, 2025
Downgrade RDDT ROTH MKM Buy Neutral $116 $195 Jan. 22, 2025
Initiation RDDT Guggenheim -- Buy -- $210 Dec. 20, 2024
Initiation RDDT Wells Fargo -- Overweight -- $206 Dec. 11, 2024

News

RDDT ACTIVE INVESTIGATION: Lost Money on Reddit, Inc.? Contact Levi & Korsinsky Now
RDDT
Published: May 30, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 30, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Reddit, Inc. ("Reddit, Inc.") (NYSE:RDDT) concerning possible violations of federal securities laws. On May 21, 2024, before market open, Baird lowered its price target for Reddit to $120 from $140, citing concerns about artificial intelligence (AI) capabilities being utilized by tech powerhouses like Alphabet.

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image for news RDDT ACTIVE INVESTIGATION: Lost Money on Reddit, Inc.? Contact Levi & Korsinsky Now
Levi & Korsinsky Investigating Whether Reddit, Inc. (RDDT) Misled Investors - Securities Law Violations Possible
RDDT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Reddit, Inc. ("Reddit, Inc.") (NYSE:RDDT) concerning possible violations of federal securities laws. On May 21, 2024, before market open, Baird lowered its price target for Reddit to $120 from $140, citing concerns about artificial intelligence (AI) capabilities being utilized by tech powerhouses like Alphabet.

Read More
image for news Levi & Korsinsky Investigating Whether Reddit, Inc. (RDDT) Misled Investors - Securities Law Violations Possible
ATTENTION RDDT Shareholders: Lost Money on Reddit, Inc.? Contact Levi & Korsinsky About Investigation
RDDT
Published: May 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / May 28, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Reddit, Inc. ("Reddit, Inc.") (NYSE:RDDT) concerning possible violations of federal securities laws. On May 21, 2024, before market open, Baird lowered its price target for Reddit to $120 from $140, citing concerns about artificial intelligence (AI) capabilities being utilized by tech powerhouses like Alphabet.

Read More
image for news ATTENTION RDDT Shareholders: Lost Money on Reddit, Inc.? Contact Levi & Korsinsky About Investigation
Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?
RDDT
Published: May 23, 2025 by: Zacks Investment Research
Sentiment: Neutral

Reddit stock benefits from ad business growth, AI initiatives, and new partnerships, but faces stiff competition and valuation concerns.

Read More
image for news Should You Hold on to RDDT Despite the Stock's 39% YTD Decline?
Smartly Adds Reddit to Its AI-Powered Advertising Platform
RDDT
Published: May 22, 2025 by: Business Wire
Sentiment: Neutral

NEW YORK--(BUSINESS WIRE)--Smartly, the AI-powered advertising technology company, today announced the integration of Reddit into its unified platform.

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image for news Smartly Adds Reddit to Its AI-Powered Advertising Platform
Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?
BMBL, RDDT
Published: May 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

RDDT and BMBL are well-known players in the social networking market. Let's find out which one is a better investment option right now.

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image for news Reddit vs. Bumble: Which Social Networking Stock is a Better Buy?
2 Social Media Stocks to Watch Amid Reddit Turmoil
RDDT
Published: May 19, 2025 by: Schaeffers Research
Sentiment: Neutral

Two social media giants, Snap Inc (NYSE:SNAP) and Pinterest Inc (NYSE:PINS), are shifting lower on Wall Street today.

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image for news 2 Social Media Stocks to Watch Amid Reddit Turmoil
Reddit Stock Drops as Analysts Flag Search Disruption Risks
RDDT
Published: May 19, 2025 by: Schaeffers Research
Sentiment: Negative

Reddit Inc (NYSE:RDDT) stock is under pressure this morning, last seen 5% lower at $107.52, after Wells Fargo downgraded the stock to “equal weight” from “overweight” and slashed its price target to $115 from $168.

Read More
image for news Reddit Stock Drops as Analysts Flag Search Disruption Risks
NFLX Valuation Concerns, RDDT A.I. Disruption Woes, DAL & UAL Upgrade
NFLX, RDDT
Published: May 19, 2025 by: Schwab Network
Sentiment: Neutral

Netflix (NFLX) got a downgrade to neutral from overweight by JPMorgan, though the firm still raised its price target. Diane King Hall talks about the firm's valuation view as the key point behind its downgrade.

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image for news NFLX Valuation Concerns, RDDT A.I. Disruption Woes, DAL & UAL Upgrade
The Big 3: ROKU, RDDT, AMD
AMD, RDDT, ROKU
Published: May 15, 2025 by: Schwab Network
Sentiment: Neutral

Charles Moon (@ProsperTradingAcademy) returns to Trading 360 with levels he's watching on a trio of stocks. He calls Roku Inc. (ROKU) a possible strangle play.

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image for news The Big 3: ROKU, RDDT, AMD
Reddit Is Printing Money And No One's Noticed
RDDT
Published: May 15, 2025 by: Seeking Alpha
Sentiment: Positive

Reddit (RDDT) presents a compelling investment thesis based on its unique platform, with engaged user base. Reddit's financials—no debt, a huge cash pile, and strong free cash flow growth make it attractive. At 39x forward free cash flow, I see Reddit as a rare mix of value and high growth.

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image for news Reddit Is Printing Money And No One's Noticed
3 Jim Cramer Stock Picks to Avoid in May
AFRM, LULU, RDDT
Published: May 13, 2025 by: 24/7 Wall Street
Sentiment: Negative

The charismatic host of CNBC's Mad Money Jim Cramer has long been a polarizing figure in the investment world.

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image for news 3 Jim Cramer Stock Picks to Avoid in May
3 Undervalued Stocks Wall Street Is Getting Wrong
CLF, RDDT, W
Published: May 12, 2025 by: MarketBeat
Sentiment: Positive

The stock market is usually a pretty efficient mechanism for pricing in an economy's future expectations. In the case of the S&P 500, its mere size and liquidity usually give investors a pretty good gauge of where the future of the United States economy might be headed.

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image for news 3 Undervalued Stocks Wall Street Is Getting Wrong
Is Trending Stock Reddit Inc. (RDDT) a Buy Now?
RDDT
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Recently, Zacks.com users have been paying close attention to Reddit Inc. (RDDT). This makes it worthwhile to examine what the stock has in store.

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image for news Is Trending Stock Reddit Inc. (RDDT) a Buy Now?
Trade Tracker: Josh Brown sells Reddit
RDDT
Published: May 07, 2025 by: CNBC Television
Sentiment: Negative

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's getting out of Reddit.

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image for news Trade Tracker: Josh Brown sells Reddit
Reddit's Post-Earnings Dip Is A Rare Buying Opportunity
RDDT
Published: May 07, 2025 by: Seeking Alpha
Sentiment: Positive

Reddit's Q1 FY25 earnings beat expectations, but a post-earnings dip due to search algorithm changes presents a buying opportunity. Impressive 61% YoY revenue growth, GAAP profitability, and strong international expansion highlight Reddit's robust financial performance and growth potential. Reddit's ARPU is significantly lower than competitors, indicating substantial untapped monetization potential as they refine their advertising capabilities.

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image for news Reddit's Post-Earnings Dip Is A Rare Buying Opportunity
I Update My Buy Recommendation for Reddit Stock
RDDT
Published: May 06, 2025 by: The Motley Fool
Sentiment: Positive

Reddit (RDDT 2.27%) reported fantastic results when it provided investors with a quarterly update.

Read More
image for news I Update My Buy Recommendation for Reddit Stock
Reddit Q1: An Excellent Time To Load Up The Truck (Rating Upgrade)
RDDT
Published: May 05, 2025 by: Seeking Alpha
Sentiment: Positive

Reddit, Inc.'s Q1 2025 earnings showcased a 61% YoY revenue growth alongside expanding DAUs and margins, beating analyst expectations. Better-than-expected results led to upward revisions in revenue and profit expectations through 2027, with 2025 revenue projections at $1.82 billion and 2027 estimates nearing $3 billion. Despite a -4% post-earnings RDDT stock dip, Reddit's cultural relevance and operational strength present a compelling buying opportunity, with shares expected to rise over the coming months.

Read More
image for news Reddit Q1: An Excellent Time To Load Up The Truck (Rating Upgrade)
Reddit Sees Surge in Revenue, Expands Access Globally
RDDT
Published: May 02, 2025 by: Bloomberg Technology
Sentiment: Positive

Reddit Inc. shares jumped after it said revenue in the current quarter will be better than estimates, a sign that a broader dip in the economy hasn't yet dented the digital advertising industry. The web forum company says its adding more advertisers and expanding access.

Read More
image for news Reddit Sees Surge in Revenue, Expands Access Globally
Cramer's Stop Trading: Reddit
RDDT
Published: May 02, 2025 by: CNBC Television
Sentiment: Neutral

Jim Cramer breaks down why he's keeping an eye on shares of Reddit.

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image for news Cramer's Stop Trading: Reddit
Reddit rides ad boom to surprise Q1 profit
RDDT
Published: May 02, 2025 by: Proactive Investors
Sentiment: Positive

Shares of Reddit (NYSE:RDDT) jumped as much as 19% in after-hours trading on Thursday after the social media company posted better-than-expected first-quarter results and issued an upbeat outlook. The company said daily active uniques (DAUq), its key user metric, grew 31% year-over-year to 108.1 million.

Read More
image for news Reddit rides ad boom to surprise Q1 profit
Best Bitcoin Casino Reddit 2025: JACKBIT Rated Top Bitcoin Casino By Reddit Experts
RDDT
Published: April 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

Reddit Community And Experts Rank JACKBIT As The Best Bitcoin Casino For 2025, Praising No KYC, Fast Payouts, And Extensive Game Variety Reddit Community And Experts Rank JACKBIT As The Best Bitcoin Casino For 2025, Praising No KYC, Fast Payouts, And Extensive Game Variety

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image for news Best Bitcoin Casino Reddit 2025: JACKBIT Rated Top Bitcoin Casino By Reddit Experts
Wall Street Bulls Look Optimistic About Reddit Inc. (RDDT): Should You Buy?
RDDT
Published: April 23, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

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image for news Wall Street Bulls Look Optimistic About Reddit Inc. (RDDT): Should You Buy?
Reddit briefly down for users worldwide
RDDT
Published: April 21, 2025 by: TechCrunch
Sentiment: Negative

Popular social network and forum site Reddit reported significant outages on Monday morning.

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image for news Reddit briefly down for users worldwide
Meta, Snap, Reddit And Pinterest Slide As Tariffs Add To 'Digital Ads Volatility'
META, PINS, RDDT, SNAP
Published: April 03, 2025 by: Investors Business Daily
Sentiment: Negative

Meta stock and other social media players tumbled Thursday on concerns that tariffs will slow spending in digital advertising. The post Meta, Snap, Reddit And Pinterest Slide As Tariffs Add To 'Digital Ads Volatility' appeared first on Investor's Business Daily.

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image for news Meta, Snap, Reddit And Pinterest Slide As Tariffs Add To 'Digital Ads Volatility'
IAS Expands Partnership With Reddit to Provide Additional Third-Party Measurement for Advertisers
IAS, RDDT
Published: April 03, 2025 by: PRNewsWire
Sentiment: Neutral

With Total Media Quality for Reddit, IAS Delivers Global Advertisers Independent Analysis on Viewability and Invalid Traffic for End-to-End Measurement Coverage and Industry-Aligned Insights NEW YORK , April 3, 2025 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced the expansion of its partnership with Reddit (NYSE: RDDT), a community platform powered by conversation and authentic human connection. Global advertisers can now access expanded measurement capabilities across Reddit, including Viewability and Invalid Traffic Measurement, as part of IAS's Total Media Quality for Reddit.

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image for news IAS Expands Partnership With Reddit to Provide Additional Third-Party Measurement for Advertisers
2 Growth Stocks Down 22% to 53% to Buy in 2025
META, RDDT
Published: April 03, 2025 by: The Motley Fool
Sentiment: Positive

The recent market correction is raising anxiety for some investors, but the stock market historically rises for longer stretches than it falls. These dips are an opportunity to boost your returns by getting more value for your shares relative to the company's revenue and earnings.

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image for news 2 Growth Stocks Down 22% to 53% to Buy in 2025
5 Must-Buy Growth Stocks for April With Tremendous Short-Term Upside
AFRM, APP, EME, MRVL, RDDT
Published: April 02, 2025 by: Zacks Investment Research
Sentiment: Positive

Five growth stocks have terrific short-term price upside potential. These are APP, MRVL, RDDT, AFRM, EME.

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image for news 5 Must-Buy Growth Stocks for April With Tremendous Short-Term Upside
5 Momentum Stocks to Buy for April Despite a Disappointing March
APP, DOCS, MRVL, RDDT, VEEV
Published: April 01, 2025 by: Zacks Investment Research
Sentiment: Positive

Five stocks have strong momentum for April. These are: APP, MRVL, DOCS, RDDT, VEEV.

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image for news 5 Momentum Stocks to Buy for April Despite a Disappointing March
RDDT, META and SNAP Forecast – Major Stocks a Bit Quiet in Premarket
META, RDDT
Published: April 01, 2025 by: FXEmpire
Sentiment: Neutral

The three markets that I am reviewing in this article all look like they are going to open a bit on the quiet side. However, there are a couple of levels I am watching closely.

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image for news RDDT, META and SNAP Forecast – Major Stocks a Bit Quiet in Premarket

About Reddit, Inc. (RDDT)

  • IPO Date 2024-03-21
  • Website https://www.redditinc.com
  • Industry Internet Content & Information
  • CEO Mr. 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.