Reddit, Inc. (RDDT)

US — Communication Services Sector
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Key Metrics & Ratings

  • symbol RDDT
  • Rev/Share 8.9165
  • Book/Share 12.7595
  • PB 15.9591
  • Debt/Equity 0.0106
  • CurrentRatio 11.9998
  • ROIC 0.0549

 

  • MktCap 38109001813.0
  • FreeCF/Share 2.1213
  • PFCF 96.029
  • PE 176.0807
  • Debt/Assets 0.0096
  • DivYield 0
  • ROE 0.0993

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 1
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Reiterated RDDT Piper Sandler -- Overweight $210 $290 Sept. 18, 2025
Reiterated RDDT Needham -- Buy $215 $300 Sept. 15, 2025
Initiation RDDT Argus -- Buy -- $250 Aug. 18, 2025
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

News

RDDT INVESTORS: Reddit, Inc. Shareholders are Reminded to Contact BFA Law about the Pending Securities Fraud Investigation
RDDT
Published: June 06, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / June 6, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE:RDDT) 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.

Read More
image for news RDDT INVESTORS: Reddit, Inc. Shareholders are Reminded to Contact BFA Law about the Pending Securities Fraud Investigation
RDDT INVESTOR NOTICE: Reddit, Inc. Investors with Losses are Notified of the Ongoing Securities Fraud Investigation – BFA Law (NYSE:RDDT)
RDDT
Published: June 06, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE: RDDT) 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.

Read More
image for news RDDT INVESTOR NOTICE: Reddit, Inc. Investors with Losses are Notified of the Ongoing Securities Fraud Investigation – BFA Law (NYSE:RDDT)
The Big 3: UBER, RDDT, CPA
RDDT, UBER
Published: June 05, 2025 by: Schwab Network
Sentiment: Positive

Jason Brown (@brownreport), author of Five-Year Millionaire, turns to tech and transport on today's Big 3. He's impressed with strength behind Uber Technologies (UBER) despite the recent pullback, explains why he's "cautiously bullish" on Reddit (RDDT), and turns to the "pure technical play" behind Copa Holdings (CPA).

Read More
image for news The Big 3: UBER, RDDT, CPA
Reddit sues AI firm Anthropic over alleged unlawful data scraping
RDDT
Published: June 05, 2025 by: Proactive Investors
Sentiment: Negative

Social media platform Reddit (NYSE:RDDT) has filed a lawsuit against artificial intelligence startup Anthropic, accusing the company of unlawfully scraping user-generated content to train its AI assistant, Claude, in violation of Reddit's terms of service. The complaint alleges that Anthropic used automated tools to access Reddit's forums over 100,000 times without authorization, harvesting vast amounts of data in breach of the site's public content policy.

Read More
image for news Reddit sues AI firm Anthropic over alleged unlawful data scraping
Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet
RDDT
Published: June 05, 2025 by: Zacks Investment Research
Sentiment: Neutral

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Read More
image for news Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet
Online Casinos Australia | BitStarz Ranked As The Fan Favorite Real Money Online Casino By Reddit Community
RDDT
Published: June 05, 2025 by: GlobeNewsWire
Sentiment: Neutral

Gambling Communities Across Reddit Consistently Praise BitStarz For Its Fast Performance, Large Selection Of Games, And Reliable Service. Gambling Communities Across Reddit Consistently Praise BitStarz For Its Fast Performance, Large Selection Of Games, And Reliable Service.

Read More
image for news Online Casinos Australia | BitStarz Ranked As The Fan Favorite Real Money Online Casino By Reddit Community
Reddit sues AI giant Anthropic over content use
RDDT
Published: June 05, 2025 by: TechXplore
Sentiment: Negative

Social media outlet Reddit filed a lawsuit Wednesday against artificial intelligence company Anthropic, accusing the startup of illegally scraping millions of user comments to train its Claude chatbot without permission or compensation.

Read More
image for news Reddit sues AI giant Anthropic over content use
RDDT ALERT: Reddit, Inc. is being Investigated for Securities Fraud Violations - Investors Notified to Contact BFA Law
RDDT
Published: June 04, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / June 4, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE:RDDT) 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.

Read More
image for news RDDT ALERT: Reddit, Inc. is being Investigated for Securities Fraud Violations - Investors Notified to Contact BFA Law
Reddit uses AI startup Anthropic for breach of contract, 'unfair competition'
RDDT
Published: June 04, 2025 by: CNBC Television
Sentiment: Negative

Reddit is suing AI startup Anthropic for what it's calling a breach of contract and for engaging in “unlawful and unfair business acts” by using the social media company's platform and data without authority. The lawsuit, filed in San Francisco on Wednesday, claims that Anthropic has been training its models on the personal data of Reddit users without obtaining their consent.

Read More
image for news Reddit uses AI startup Anthropic for breach of contract, 'unfair competition'
Reddit sues Anthropic for allegedly not paying for training data
RDDT
Published: June 04, 2025 by: TechCrunch
Sentiment: Negative

Reddit is suing Anthropic for allegedly using the site's data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic's unauthorized use of the site's data for commercial purposes was unlawful, and alleges the AI startup violated Reddit's user agreement.

Read More
image for news Reddit sues Anthropic for allegedly not paying for training data
Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site
RDDT
Published: June 04, 2025 by: NYTimes
Sentiment: Negative

In its lawsuit, Reddit said Anthropic also declined to enter into a licensing agreement for data and had unjustly enriched itself at Reddit's expense.

Read More
image for news Reddit Sues Anthropic, Accusing It of Illegally Using Data From Its Site
Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'
RDDT
Published: June 04, 2025 by: CNBC
Sentiment: Negative

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Read More
image for news Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'
Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data
RDDT
Published: June 04, 2025 by: WSJ
Sentiment: Negative

Reddit is suing AI startup Anthropic for using the online-discussion site's data without a licensing agreement.

Read More
image for news Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data
Levi & Korsinsky Investigating Whether Reddit, Inc. (RDDT) Misled Investors - Securities Law Violations Possible
RDDT
Published: June 04, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / June 4, 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
RDDT NOTIFICATION: Lose Money on Reddit, Inc.? BFA Law Alerts Investors that its Investigation Could Allow Investors to Recover Losses (NYSE:RDDT)
RDDT
Published: June 04, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE: RDDT) 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.

Read More
image for news RDDT NOTIFICATION: Lose Money on Reddit, Inc.? BFA Law Alerts Investors that its Investigation Could Allow Investors to Recover Losses (NYSE:RDDT)
RDDT STOCK NOTICE: Reddit, Inc. is Being Investigated for Fraud; Investors Are Notified to Contact BFA Law
RDDT
Published: June 03, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / June 3, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE:RDDT) 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.

Read More
image for news RDDT STOCK NOTICE: Reddit, Inc. is Being Investigated for Fraud; Investors Are Notified to Contact BFA Law
Reddit down for thousands of users globally
RDDT
Published: June 03, 2025 by: Reuters
Sentiment: Negative

Social media platform Reddit was down for over 26,000 users on Tuesday, according to outage tracking website Downdetector.com.

Read More
image for news Reddit down for thousands of users globally
Crypto Casino Reddit Recommends According to Real Player Experiences: JACKBIT
RDDT
Published: June 03, 2025 by: GlobeNewsWire
Sentiment: Neutral

Users On Leading Gambling And Crypto Communities Across Reddit Consistently Praise Crypto Casinos For Its Fast Performance, Fairness, And Reliability. Here's What Make Crypto Casino Favorite Among Real Players. Users On Leading Gambling And Crypto Communities Across Reddit Consistently Praise Crypto Casinos For Its Fast Performance, Fairness, And Reliability. Here's What Make Crypto Casino Favorite Among Real Players.

Read More
image for news Crypto Casino Reddit Recommends According to Real Player Experiences: JACKBIT
Investigation Underway: Reddit, Inc. (RDDT) - Contact Levi & Korsinsky Over Securities Law Violations
RDDT
Published: June 03, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / June 3, 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 Investigation Underway: Reddit, Inc. (RDDT) - Contact Levi & Korsinsky Over Securities Law Violations
RDDT STOCK ALERT: Reddit, Inc. Shareholders with Losses may have been Affected by Fraud - Contact BFA Law
RDDT
Published: June 02, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / June 2, 2025 / Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE:RDDT) 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.

Read More
image for news RDDT STOCK ALERT: Reddit, Inc. Shareholders with Losses may have been Affected by Fraud - Contact BFA Law
Lost Money on Reddit, Inc. (RDDT)? Contact Levi & Korsinsky to Protect Your Rights
RDDT
Published: June 02, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / June 2, 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 Lost Money on Reddit, Inc. (RDDT)? Contact Levi & Korsinsky to Protect Your Rights
RDDT STOCK: Suffer Losses on Reddit, Inc.? BFA Law Notifies Investors of Pending Securities Fraud Investigation (NYSE:RDDT)
RDDT
Published: June 02, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. (NYSE: RDDT) 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.

Read More
image for news RDDT STOCK: Suffer Losses on Reddit, Inc.? BFA Law Notifies Investors of Pending Securities Fraud Investigation (NYSE:RDDT)
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.

Read More
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.

Read More
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.

Read More
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.

Read More
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

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.