NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis $56.85 -1.86 (-3.17%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$55.80▼$60.4150-Day Range$50.70▼$73.8552-Week Range$37.35▼$78.08Volume3.07 million shsAverage Volume4.44 million shsMarket Capitalization$9.43 billionP/E RatioN/ADividend YieldN/APrice Target$65.56 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Reddit alerts: Email Address Reddit MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.59 Rating ScoreUpside/Downside15.3% Upside$65.56 Price TargetShort InterestHealthy13.77% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.94Based on 8 Articles This WeekInsider TradingSelling Shares$11.10 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($4.17) to ($0.09) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.14 out of 5 starsComputer And Technology Sector426th out of 594 stocksData Processing & Preparation Industry34th out of 56 stocks 3.3 Analyst's Opinion Consensus RatingReddit has received a consensus rating of Moderate Buy. The company's average rating score is 2.59, and is based on 9 buy ratings, 6 hold ratings, and 1 sell rating.Amount of Analyst CoverageReddit has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Reddit's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted13.77% of the float of Reddit has been sold short.Short Interest Ratio / Days to CoverReddit has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Reddit has recently decreased by 9.08%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldReddit does not currently pay a dividend.Dividend GrowthReddit does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RDDT. Previous Next 2.2 News and Social Media Coverage News SentimentReddit has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Reddit this week, compared to 20 articles on an average week.Search InterestOnly 22 people have searched for RDDT on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Reddit to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Reddit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,095,284.00 in company stock.Read more about Reddit's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Reddit are expected to grow in the coming year, from ($4.17) to ($0.09) per share.Read more about Reddit's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss Ratings“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank accounts nationwide. It will give them unprecedented powers to control your bank account.Learn these 4 simple steps and protect your savings before it’s too late. About Reddit Stock (NYSE:RDDT)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.Read More RDDT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDDT Stock News HeadlinesSeptember 5 at 6:51 AM | insidertrades.comSteve Ladd Huffman Sells 6,714 Shares of Reddit, Inc. (NYSE:RDDT) StockAugust 30, 2024 | insidertrades.comReddit, Inc. (NYSE:RDDT) CAO Michelle Marie Reynolds Sells 8,000 SharesSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. August 23, 2024 | insidertrades.comInsider Selling: Reddit, Inc. (NYSE:RDDT) CAO Sells 12,000 Shares of StockAugust 15, 2024 | marketbeat.com3 High-Potential Stocks Analysts Say Could Soar (RDDT)Three stocks were the target for Wall Street analysts to assign target boosts lately despite a broader market selloff. All backed by solid fundamentalsAugust 14, 2024 | insidertrades.comMary Porter Gale Sells 15,000 Shares of Reddit, Inc. (NYSE:RDDT) StockAugust 8, 2024 | marketbeat.comReddit Stock Confirms More Upside Potential for Upcoming QuartersReddit stock is now showing investors why there is still double-digit upside in the company, and even short sellers are running away from the potential rallySeptember 6 at 5:57 AM | americanbankingnews.comInsider Selling: Reddit, Inc. (NYSE:RDDT) CEO Sells 6,714 Shares of StockSeptember 7, 2024 | Porter & Company (Ad)Why billionaires are wiring money to abandoned towns A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution. September 5 at 6:16 PM | benzinga.comReddit Unusual Options Activity For September 05September 1, 2024 | americanbankingnews.comReddit, Inc. (NYSE:RDDT) CAO Sells $480,000.00 in StockAugust 30, 2024 | seekingalpha.comReddit: Surprisingly Good StartAugust 30, 2024 | morningstar.comHome Depot scraps marijuana drug tests for employees: reportAugust 30, 2024 | nasdaq.comSmart Money Is Betting Big In RDDT OptionsAugust 30, 2024 | seekingalpha.comReddit: Continued Growth Justifies Additional UpsideAugust 30, 2024 | msn.comWhy Is Reddit Stock Surging Today?August 30, 2024 | marketwatch.comWant to make more than $150,000? Job hopping may be your best bet — but it’s harder than it used to be.August 30, 2024 | msn.comJim Cramer on Reddit Inc. (RDDT) CEO Steve Huffman: ‘I Say Keep Up The Good Work, Spez – You’re Going Higher’See More Headlines Receive RDDT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reddit and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/06/2024Today9/07/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNYSE:RDDT Previous SymbolNYSE:RDDT CUSIPN/A CIK1713445 Webwww.redditinc.com Phone(415) 494-8016FaxN/AEmployees2,013Year FoundedN/APrice Target and Rating Average Stock Price Target$65.56 High Stock Price Target$84.00 Low Stock Price Target$50.00 Potential Upside/Downside+15.3%Consensus RatingModerate Buy Rating Score (0-4)2.59 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio12.42 Quick Ratio12.42 Sales & Book Value Annual Sales$804.03 million Price / Sales11.73 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares165,880,000Free FloatN/AMarket Cap$9.43 billion OptionableOptionable BetaN/A The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Steven Ladd Huffman (Age 39)Co-Founder, CEO, President & Director Comp: $1.14MMr. Andrew Vollero (Age 57)Chief Financial Officer Comp: $1.15MMs. Jennifer L. Wong (Age 48)Chief Operating Officer Comp: $1.1MMs. Michelle ReynoldsChief Accounting OfficerDr. Christopher Slowe Ph.D. (Age 45)Chief Technology Officer Mr. Fredrick LeeChief Information Security OfficerMr. Benjamin Lee (Age 56)Chief Legal Officer & Corporate Secretary Ms. Roxy YoungChief Marketing & Consumer Experience OfficerMs. Nellie PeshkovChief People OfficerMr. Justin BassettHead of Rounding-UpMore ExecutivesKey CompetitorsTrip.com GroupNASDAQ:TCOMCGINYSE:GIBICON PublicNASDAQ:ICLRJoint Stock Company Kaspi.kzNASDAQ:KSPICorpayNYSE:CPAYView All CompetitorsInsiders & InstitutionsSteve Ladd HuffmanSold 6,714 sharesTotal: $401,765.76 ($59.84/share)Michelle Marie ReynoldsSold 8,000 sharesTotal: $480,000.00 ($60.00/share)Benjamin Seong LeeSold 18,519 sharesTotal: $1.04 M ($56.32/share)Truist Financial CorpBought 4,163 shares on 8/21/2024Ownership: 0.003%Jennifer L WongSold 33,333 sharesTotal: $1.80 M ($53.99/share)View All Insider TransactionsView All Institutional Transactions RDDT Stock Analysis - Frequently Asked Questions How have RDDT shares performed this year? Reddit's stock was trading at $50.44 at the beginning of the year. Since then, RDDT shares have increased by 12.7% and is now trading at $56.85. View the best growth stocks for 2024 here. How were Reddit's earnings last quarter? Reddit, Inc. (NYSE:RDDT) issued its quarterly earnings results on Tuesday, August, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.25. The company's revenue was up 53.6% compared to the same quarter last year. When did Reddit IPO? Reddit (RDDT) raised $748 million in an IPO on Thursday, March 21st 2024. The company issued 22,000,000 shares at $34.00 per share. When does Reddit's lock-up period expire? Reddit's lock-up period expires on Tuesday, September 17th. Reddit had issued 22,000,000 shares in its IPO on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period. Who are Reddit's major shareholders? Reddit's top institutional shareholders include Bank of New York Mellon Corp (1.02%), Marshall Wace LLP (0.52%), Maverick Capital Ltd. (0.45%) and Sumitomo Mitsui Trust Holdings Inc. (0.19%). Insiders that own company stock include Jennifer L Wong, Steve Ladd Huffman, Andrew Vollero, Christopher Brian Slowe, Benjamin Seong Lee, Mary Porter Gale, Michelle Marie Reynolds and David C Habiger. View institutional ownership trends. How do I buy shares of Reddit? Shares of RDDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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