Reddit (RDDT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $93.08 to $96.87
• 50-Day Range: $86.72 to $216.96
• 52-Week Range: $40.51 to $230.41
• Volume: 2.85 million shs
• Average Volume: 5.51 million shs
• Market Capitalization: $17.37 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $142.22
• Consensus Rating: Moderate Buy

Reddit Stock Analysis - MarketRank™

Reddit scored higher than 68% of companies evaluated by MarketBeat, and ranked 293rd out of 654 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Reddit has received a consensus rating of Moderate Buy. The company's average rating score is 2.58, and is based on 14 buy ratings, 7 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Reddit has been the subject of 19 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 94.64%

Earnings Growth

Earnings for Reddit are expected to grow by 94.64% in the coming year, from $1.12 to $2.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Reddit is -12.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Reddit is -12.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Reddit has a PEG Ratio of 4.72. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Reddit has a P/B Ratio of 8.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.84% of the float of Reddit has been sold short.

Short Interest Ratio / Days to Cover

Reddit has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reddit has recently increased by 16.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Reddit does not currently pay a dividend.

Dividend Growth

Reddit does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.84% of the float of Reddit has been sold short.

Short Interest Ratio / Days to Cover

Reddit has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reddit has recently increased by 16.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Reddit has a news sentiment score of 0.48. 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 lower news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 36 news articles for Reddit this week, compared to 22 articles on an average week.

Search Interest

Only 44 people have searched for RDDT on MarketBeat in the last 30 days. This is a decrease of -51% compared to the previous 30 days.

MarketBeat Follows

43 people have added Reddit to their MarketBeat watchlist in the last 30 days. This is an increase of 30% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Reddit insiders have sold 95,368.69% more of their company's stock than they have bought. Specifically, they have bought $100,899.00 in company stock and sold $96,326,958.00 in company stock.

RDDT Stock Analysis - Frequently Asked Questions

How have RDDT shares performed this year?

Reddit's stock was trading at $163.44 on January 1st, 2025. Since then, RDDT stock has decreased by 41.2% and is now trading at $96.0430.
View the best growth stocks for 2025 here.

How were Reddit's earnings last quarter?

Reddit, Inc. (NYSE:RDDT) announced its earnings results on Wednesday, February, 12th. The company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.24 by $0.12. Reddit had a negative trailing twelve-month return on equity of 24.71% and a negative net margin of 37.25%.
Read the conference call transcript.

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 a price of $34.00 per share.

Who are Reddit's major shareholders?

Reddit's top institutional investors include Sivia Capital Partners LLC (0.10%), Nepsis Inc. (0.05%), Capital CS Group LLC and Brighton Jones LLC (0.02%). Insiders that own company stock include Jennifer L Wong, Steve Ladd Huffman, Andrew Vollero, Christopher Brian Slowe, Benjamin Seong Lee, Michelle Marie Reynolds, David C Habiger and Mary Porter Gale.
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.

What other stocks do shareholders of Reddit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reddit investors own include NVIDIA (NVDA), Lockheed Martin (LMT), Advanced Micro Devices (AMD), Home Depot (HD), Taiwan Semiconductor Manufacturing (TSM), Tesla (TSLA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 2/12/2025
• Today: 4/21/2025
• Next Earnings (Estimated): 5/01/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NYSE:RDDT
• Previous Symbol: NYSE:RDDT
• CIK: 1713445
• Web: www.redditinc.com
• Phone: (415) 494-8016
• Fax: N/A
• Employees: 2,013
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $142.22
• High Stock Price Target: $220.00
• Low Stock Price Target: $65.00
• Potential Upside/Downside: +48.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.58
• Research Coverage: 24 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($7.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 85.75
• P/E Growth: 4.72
• Net Income: $-484,280,000.00
• Net Margins: -37.25%
• Pretax Margin: -37.32%
• Return on Equity: -24.71%
• Return on Assets: -22.52%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 12.63
• Quick Ratio: 12.63

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 13.36
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.78 per share
• Price / Book: 8.15

Miscellaneous

• Outstanding Shares: 180,904,000
• Free Float: N/A
• Market Cap: $17.37 billion
• Optionable: Optionable
• Beta: N/A