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 11.5891
  • Debt/Equity 0.012
  • CurrentRatio 12.4647
  • ROIC 0.0148

 

  • MktCap 26046928178.0
  • FreeCF/Share 1.7207
  • PFCF 83.1623
  • PE 219.7091
  • 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
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
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

News

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?

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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".

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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.

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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.

Read More
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.

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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 …

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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.

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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.

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image for news Reddit shares fall more than 14% on Q4 earnings despite beat
Reddit Stock Tumbles as User Growth Misses Expectations
RDDT
Published: February 12, 2025 by: Investopedia
Sentiment: Negative

Reddit (RDDT) reported fourth-quarter earnings that topped analysts' estimates, but its user growth fell short, sending shares lower in extended trading Wednesday.

Read More
image for news Reddit Stock Tumbles as User Growth Misses Expectations
Overlooked Stock: RDDT Slips After Earnings
RDDT
Published: February 12, 2025 by: Schwab Network
Sentiment: Negative

Shares of Reddit (RDDT) plummeted after 4Q earnings beat expectations. George Tsilis dissects the social media company's report, it's 2nd quarterly profit since going public.

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image for news Overlooked Stock: RDDT Slips After Earnings
Reddit's Q4 Earnings Test: Soaring Stock Meets Elon Musk-Fueled Chaos
RDDT
Published: February 12, 2025 by: Benzinga
Sentiment: Neutral

Reddit Inc RDDT is set to report its fourth-quarter earnings on Wednesday. Wall Street expects 25 cents in EPS and $405.26 million in revenues as the company reports after market hours.

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image for news Reddit's Q4 Earnings Test: Soaring Stock Meets Elon Musk-Fueled Chaos
RDDT "Low-Cost Entry Point" for Advertisers, GOOGL & META Main Competition
GOOG, GOOGL, META, RDDT
Published: February 12, 2025 by: Schwab Network
Sentiment: Positive

Reddit (RDDT) ran up more than 500% since its IPO last March, and @LikeFolio's Andy Swan points to its advertising platform as the main growth engine. He credits the company's use of A.I.

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image for news RDDT "Low-Cost Entry Point" for Advertisers, GOOGL & META Main Competition
Reddit Stock Is Still Red-Hot With Earnings On Deck. Here Are The Numbers To Watch.
RDDT
Published: February 12, 2025 by: Investors Business Daily
Sentiment: Positive

Reddit stock has soared more than 300% since it went public last March. Its Q4 earnings report is due late Wednesday.

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image for news Reddit Stock Is Still Red-Hot With Earnings On Deck. Here Are The Numbers To Watch.
The Big 3: KC, TDOC, RDDT
RDDT, KC, TDOC
Published: February 12, 2025 by: Schwab Network
Sentiment: Positive

From consolidation to explosive climbs, Aquiles Larrea turns to stocks that he believes are poised for more breakout opportunity. He turns to bullish indicators behind Kingsoft (KC), Teladoc Health (TDOC) and Reddit (RDDT).

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image for news The Big 3: KC, TDOC, RDDT
Reddit Stock Before Q4 Earnings: A Smart Buy or Risky Investment?
RDDT
Published: February 10, 2025 by: Zacks Investment Research
Sentiment: Positive

RDDT's fourth-quarter performance is expected to have benefited from strong ad sales and AI growth despite challenges from election effects and rising competition.

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image for news Reddit Stock Before Q4 Earnings: A Smart Buy or Risky Investment?

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.