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 9.2239
  • Debt/Equity 0.012
  • CurrentRatio 12.4647
  • ROIC 0.0148

 

  • MktCap 20730889298.0
  • FreeCF/Share 1.7207
  • PFCF 66.1893
  • PE 174.8676
  • 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

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.

Read More
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.

Read More
image for news RDDT, META and SNAP Forecast – Major Stocks a Bit Quiet in Premarket
Reddit Surges 85% in a Year: Is the Stock Still Worth Buying?
RDDT
Published: March 25, 2025 by: Zacks Investment Research
Sentiment: Positive

RDDT benefits from strong AI innovations, enhanced advertising and increased user engagement, positioning the stock for continued upward momentum in 2025.

Read More
image for news Reddit Surges 85% in a Year: Is the Stock Still Worth Buying?
Best Momentum Stocks to Buy for March 25th
EFSC, GBFH, RDDT
Published: March 25, 2025 by: Zacks Investment Research
Sentiment: Positive

RDDT, GBFH and EFSC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 25, 2025.

Read More
image for news Best Momentum Stocks to Buy for March 25th
2 Hypergrowth Tech Stocks to Buy in 2025
CFLT, RDDT
Published: March 25, 2025 by: The Motley Fool
Sentiment: Neutral

2025 is proving to be a volatile year for the stock market, as economic uncertainty and unpredictable policies from the Trump administration throw investors for a loop. While anything can happen in the near term, growth investors should focus on investing in fast-growing companies with no shortage of long-term potential.

Read More
image for news 2 Hypergrowth Tech Stocks to Buy in 2025
Better Tech Stock: Palantir vs. Reddit
PLTR, RDDT
Published: March 24, 2025 by: The Motley Fool
Sentiment: Positive

Many technology stocks enjoyed impressive gains in the last year or so. Two such stocks are Palantir Technologies (PLTR 6.43%) and Reddit (RDDT 8.03%).

Read More
image for news Better Tech Stock: Palantir vs. Reddit
Why Reddit Stock Is Plummeting Today
RDDT
Published: March 18, 2025 by: The Motley Fool
Sentiment: Negative

Shares of Reddit (RDDT -12.35%) are tumbling on Monday. The stock lost 12.3% as of 1:25 p.m.

Read More
image for news Why Reddit Stock Is Plummeting Today
Reddit's stock has soared 170% since the IPO. Here's why the honeymoon may now be over.
RDDT
Published: March 17, 2025 by: Market Watch
Sentiment: Negative

Reddit's growth is vulnerable to the whims of search giant Google, according to Redburn Atlantic, which has slapped a sell rating on the stock.

Read More
image for news Reddit's stock has soared 170% since the IPO. Here's why the honeymoon may now be over.
Google expands Reddit partnership
GOOG, GOOGL, RDDT
Published: March 17, 2025 by: Reuters
Sentiment: Positive

Alphabet's Google on Monday expanded its partnership with Reddit amid concerns that the social media platform's user growth relies heavily on traffic from Google Search.

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image for news Google expands Reddit partnership
Reddit: A Debt-Free Growth Machine In 2025
RDDT
Published: March 17, 2025 by: Seeking Alpha
Sentiment: Positive

I'm excited about Reddit's potential because it's growing revenue at 40% y/y while maintaining a debt-free balance sheet. At 35x forward free cash flow, Reddit looks like a bargain considering its projected 85% free cash flow growth. Despite competition from AI-driven search tools, Reddit's user engagement and community trust remain strong drivers of its success.

Read More
image for news Reddit: A Debt-Free Growth Machine In 2025
Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?
RDDT
Published: March 14, 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?

Read More
image for news Is It Worth Investing in Reddit Inc. (RDDT) Based on Wall Street's Bullish Views?
Down over 30% in a month, this tech stock is ‘extremely attractive' now
RDDT
Published: March 13, 2025 by: Finbold
Sentiment: Positive

Since reporting its fourth-quarter earnings in mid-February, Reddit Inc. (NYSE: RDDT) stock has dropped 36% in less than a month.

Read More
image for news Down over 30% in a month, this tech stock is ‘extremely attractive' now
Reddit rallies after three-day slump as analyst calls selloff 'excessive'
RDDT
Published: March 11, 2025 by: CNBC
Sentiment: Positive

Reddit shares rose more than 10% on Tuesday, reversing a three-day slump that coincided with a broader decline among technology companies. The company's stock market upswing was likely bolstered by a Loop Capital analyst note published Tuesday that reiterated a buy rating and characterized the company's shares as "extremely attractive.

Read More
image for news Reddit rallies after three-day slump as analyst calls selloff 'excessive'
Reddit co-founder says Meta's end to third-party fact-checking is ‘very pragmatic'
META, RDDT
Published: February 27, 2025 by: CNBC
Sentiment: Neutral

Meta announced in January that it would end third-party fact-checking on its platforms, a program often criticized by Trump and conservatives for what they say unfairly targeted right-wing content. In a series of sweeping policy changes at the media giant, CEO Mark Zuckerberg announced he would install a community-based system instead.

Read More
image for news Reddit co-founder says Meta's end to third-party fact-checking is ‘very pragmatic'
Reddit Stock Plunges 26% From Highs, Yet Call Options Have Surged 575%: Is A Rebound Brewing?
RDDT
Published: February 25, 2025 by: Benzinga
Sentiment: Negative

Reddit Inc RDDT stock has been in free fall, shedding 26% since hitting a 52-week high of $230.41 on Feb. 10. The sell-off, sparked by a post-earnings user growth miss and CEO Steve Huffman‘s hefty $70.5 million share sale, has rattled investors.

Read More
image for news Reddit Stock Plunges 26% From Highs, Yet Call Options Have Surged 575%: Is A Rebound Brewing?
Reddit COO Jen Wong: Followership 'most important part' of being an effective leader
RDDT
Published: February 24, 2025 by: CNBC Television
Sentiment: Positive

Reddit COO Jen Wong talks leadership, success, and Reddit's IPO as the latest member of CNBC's Changemakers 2025 list.

Read More
image for news Reddit COO Jen Wong: Followership 'most important part' of being an effective leader
'Impossible to do fact-checking at scale,' Reddit co-founder says
RDDT
Published: February 24, 2025 by: CNBC International TV
Sentiment: Neutral

Alexis Ohanian, Reddit co-founder, discusses Meta's move to ban third-party fact-checking on its platforms, at the Web Summit in Doha, Qatar.

Read More
image for news 'Impossible to do fact-checking at scale,' Reddit co-founder says
Reddit Extends Its Slide. Why an Analyst Still Says It's a Buy.
RDDT
Published: February 21, 2025 by: Barrons
Sentiment: Neutral

Piper Sandler still sees more upside for the social media platform.

Read More
image for news Reddit Extends Its Slide. Why an Analyst Still Says It's a Buy.
A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
META, RDDT
Published: February 14, 2025 by: CNBC
Sentiment: Positive

The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. "Advertisers feel like consumers are susceptible to advertising and are investing in that," said Gil Luria, head of tech research at investment banking firm D.A.

Read More
image for news A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
Reddit: Buy The Earnings Pullback (Rating Upgrade)
RDDT
Published: February 14, 2025 by: Seeking Alpha
Sentiment: Positive

Reddit shares dropped 15% post-earnings despite strong results, presenting a potential buying opportunity for long-term investors. Q4 2024 saw revenues of $428 million, a 71% increase, crushing street estimates yet again, while reporting strong bottom-line improvement. Current quarter guidance was above expectations, and RDDT's improving financials suggest the potential for S&P 500 inclusion.

Read More
image for news Reddit: Buy The Earnings Pullback (Rating Upgrade)
Google's Symbiotic Relationship with Reddit
GOOG, GOOGL, RDDT
Published: February 13, 2025 by: Bloomberg Technology
Sentiment: Positive

Reddit COO Jen Wong speaks about the benefits of Google's impact on the company as they post fourth quarter earnings that missed analyst estimates. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".

Read More
image for news Google's Symbiotic Relationship with Reddit
Reddit stock falls despite strong Q4 earnings report
RDDT
Published: February 13, 2025 by: Yahoo Finance
Sentiment: Neutral

Reddit (RDDT) shares slip lower Thursday morning after the social media platform beat fourth quarter revenue and earnings estimates, while daily active users fell below expectations (101.7 million vs. analyst consensus forecasts for 103.8 million).

Read More
image for news Reddit stock falls despite strong Q4 earnings report
Reddit Q4 Earnings & Revenues Top Estimates: Buy, Sell or Hold Stock?
RDDT
Published: February 13, 2025 by: Zacks Investment Research
Sentiment: Positive

RDDT's fourth-quarter 2024 results benefit from strong top and bottom-line growth, rising user numbers, and international expansion.

Read More
image for news Reddit Q4 Earnings & Revenues Top Estimates: Buy, Sell or Hold Stock?
Reddit Analysts Increase Their Forecasts After Strong Earnings
RDDT
Published: February 13, 2025 by: Benzinga
Sentiment: Positive

Reddit Inc RDDT reported better-than-expected fourth-quarter financial results after the market close on Wednesday.

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image for news Reddit Analysts Increase Their Forecasts After Strong Earnings
Reddit shares plummet as investors fret over miss in daily active unique visitors
RDDT
Published: February 13, 2025 by: Reuters
Sentiment: Negative

Reddit shares tumbled 13% in premarket trading on Thursday after the social media firm missed expectations for daily active unique visitors, hit by a change in Google's search algorithm.

Read More
image for news Reddit shares plummet as investors fret over miss in daily active unique visitors
Reddit's takes $6bn hit after Q4 earnings miss
RDDT
Published: February 13, 2025 by: Proactive Investors
Sentiment: Negative

Reddit's (NYSE:RDDT) stock tumbled 13% in after-hours trading, wiping nearly $6 billion from its valuation following a mixed fourth-quarter earnings report that fell short of investor expectations. Revenue surged 70% year-over-year to $427.7 million, beating analyst forecasts of $405.5 million.

Read More
image for news Reddit's takes $6bn hit after Q4 earnings miss
Reddit, Inc. (RDDT) Q4 2024 Earnings Call Transcript
RDDT
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Neutral

Reddit, Inc. (NYSE:RDDT ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants Jesse Rose - Head of Investor Relations Steven Huffman - Co-Founder & Chief Executive Officer Jennifer Wong - Chief Operating Officer Andrew Vollero - Chief Financial Officer Conference Call Participants Ronald Josey - Citigroup Justin Post - Bank of America Benjamin Black - Deutsche Bank Brian Nowak - Morgan Stanley Richard Greenfield - LightShed Ken Gawrelski - Wells Fargo Eric Sheridan - Goldman Sachs Laura Martin - Needham & Company Operator Good afternoon. My name is Krista [ph] and I will be your …

Read More
image for news Reddit, Inc. (RDDT) Q4 2024 Earnings Call Transcript
Reddit's stock drops 15% after the CEO said a Google algorithm tweak hurt traffic
RDDT
Published: February 12, 2025 by: Business Insider
Sentiment: Negative

Reddit CEO Steve Huffman said the site saw "volatility" in traffic in Q4 due to Google's algorithm change. The impact shows how some users still rely on an external search engine to get answers from Reddit.

Read More
image for news Reddit's stock drops 15% after the CEO said a Google algorithm tweak hurt traffic
Reddit shares fall more than 14% on Q4 earnings despite beat
RDDT
Published: February 12, 2025 by: CNBC Television
Sentiment: Negative

Andrew Boone, Citizens JPM analyst, joins 'Closing Bell Overtime' to talk Reddit earnings.

Read More
image for news Reddit shares fall more than 14% on Q4 earnings despite beat

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.