NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free RDDT Stock Alerts 51.40 +2.00 (+4.05%) (As of 05/8/2024 09:06 PM ET) Add Compare Share Share Today's Range49.70▼55.1650-Day Range N/A52-Week Range37.35▼74.90Volume13.51 million shsAverage Volume6.37 million shsMarket Capitalization$8.17 billionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Reddit alerts: Email Address Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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 HeadlinesMay 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderAfter its recent initial public offering (IPO), shares of Reddit Inc. NYSE: RDDT have become a focal point for investors looking to find the next big social media platform. The stock has delivered a relatively flat performance since its IPO in March 2024, but that could mean good news for investors.May 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderReddit stock could be the most aggressive growth story in social media, and still offering one of the steepest price action discounts in the industry.May 9, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 8, 2024 | markets.businessinsider.comReddit's Enhanced Advertising Tools Drive 'Sizable Upside': JPMorganMay 8, 2024 | msn.comReddit Stock Rises After First Post-IPO Earnings ReportMay 8, 2024 | msn.comReddit, Inc. (NYSE:RDDT) Q1 2024 Earnings Call TranscriptMay 8, 2024 | markets.businessinsider.comReddit Users See An 'Inverse Moment' As Shares Pop 14% On Social Media Platform's Financial PerformanceMay 8, 2024 | investopedia.comTech Stocks on the Move Today: Uber Technologies, Reddit, and MoreMay 9, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 8, 2024 | proactiveinvestors.comReddit's strong Q1 execution hard to duplicate with upside already price in, analysts believeMay 8, 2024 | barrons.comReddit Got a Google Boost. More AI Deals Could Lift the Stock.May 8, 2024 | finance.yahoo.comReddit surges on earnings, Uber reports: Yahoo FinanceMay 8, 2024 | markets.businessinsider.comReddit Inc: Strong Q1 Performance and User Growth Prompt Buy Rating and Target Price IncreaseMay 8, 2024 | baystreet.caReddit’s Stock Rises 15% On First Earnings ReportMay 8, 2024 | msn.comMid-Week Hot Stocks: Reddit, Lyft, Peloton and MoreMay 8, 2024 | wsj.comReddit Stock Surges After Bigger-Than-Expected Jump in UsersMay 8, 2024 | markets.businessinsider.comMaintaining Hold on Reddit Inc: Balancing Strong Q1 Performance and User Growth Against Valuation ConcernsMay 8, 2024 | msn.comReddit soars after strong Q1 sees praise from Wall StreetMay 8, 2024 | finance.yahoo.comEarnings, DOJ's Tesla probe, Reddit's guidance: 3 ThingsMay 8, 2024 | finance.yahoo.comReddit pops on earnings report, but can AI fuel future growth?May 8, 2024 | investorplace.comNeedham Just Raised Its Price Target on Reddit (RDDT) StockMay 8, 2024 | proactiveinvestors.comNasdaq and S&P 500 to open lower, Uber tumbles on suprise loss, Reddit rallies on optimistic outlookMay 8, 2024 | reuters.comReddit shares soar as earnings show advertising, AI licensing revenue potentialMay 8, 2024 | wsj.comReddit Stock Surges on 37% Jump in UsersMay 7, 2024 | msn.comReddit Co-Founder Alexis Ohanian Shares Task Management Tips, It's Not A 'Set Of Hard Rules That Can't Be Changed'May 7, 2024 | investopedia.com4 Key Takeaways From Reddit's First Earnings Call After Going PublicMay 7, 2024 | cnbc.comReddit CEO talks advertising, says consumers and companies are attracted to the platformSee 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 Earnings5/07/2024Today5/08/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNYSE:RDDT Previous SymbolNYSE:RDDT CUSIPN/A CIK1713445 Webwww.redditinc.com Phone(415) 494-8016FaxN/AEmployees2,013Year FoundedN/AProfitability 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 RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares158,990,000Free FloatN/AMarket Cap$8.17 billion OptionableOptionable BetaN/A Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 CompetitorsGlobantNYSE:GLOBBilibiliNASDAQ:BILIStoneCoNASDAQ:STNEPegasystemsNASDAQ:PEGAToastNYSE:TOSTView All CompetitorsInsiders & InstitutionsSG Americas Securities LLCBought 5,374 shares on 5/7/2024Ownership: 0.003%ANTIPODES PARTNERS LtdBought 1,276 shares on 5/7/2024Ownership: 0.001%Capstone Investment Advisors LLCBought 2,500 shares on 5/1/2024Ownership: 0.000%BNP Paribas Financial MarketsBought 747 shares on 5/1/2024Ownership: 0.000%Commonwealth Equity Services LLCBought 22,526 shares on 4/30/2024Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions RDDT Stock Analysis - Frequently Asked Questions Should I buy or sell Reddit stock right now? 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reddit in the last twelve months. There are currently 1 sell rating, 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RDDT shares. View RDDT analyst ratings or view top-rated stocks. How have RDDT shares performed in 2024? Reddit's stock was trading at 50.44 at the beginning of the year. Since then, RDDT shares have increased by 1.9% and is now trading at 51.40. View the best growth stocks for 2024 here. When is Reddit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our RDDT earnings forecast. How were Reddit's earnings last quarter? Reddit, Inc. (NYSE:RDDT) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($8.19) EPS for the quarter, missing analysts' consensus estimates of ($2.34) by $5.85. The firm earned $243 million during the quarter, compared to the consensus estimate of $213.99 million. The business's revenue for the quarter was up 48.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.05) earnings per share. What ETFs hold Reddit's stock? ETFs with the largest weight of Reddit (NYSE:RDDT) stock in their portfolio include BNY Mellon Innovators ETF (BKIV), BlackRock Future Tech ETF (BTEK), Global X Social Media Index ETF (SOCL) and ARK Next Generation Internation ETF (ARKW).ARK Fintech Innovation ETF (ARKF). What guidance has Reddit issued on next quarter's earnings? Reddit issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $240.0 million-$255.0 million, compared to the consensus revenue estimate of $223.8 million. 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. When did Reddit's quiet period expire? Reddit's quiet period expired on Tuesday, April 30th. Reddit had issued 22,000,000 shares in its public offering on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. During Reddit's quiet period, insiders and any underwriters involved in the IPO were prevented from issuing any earnings forecasts or research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. Who are Reddit's major shareholders? Reddit's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.03%), Commonwealth Equity Services LLC (0.01%), Seven Grand Managers LLC (0.01%), Congress Park Capital LLC (0.00%), SG Americas Securities LLC (0.00%) and Capstone Investment Advisors LLC (0.00%). Insiders that own company stock include Andrew Vollero, Christopher Brian Slowe, David C Habiger, Jennifer L Wong, Michelle Marie Reynolds and Steve Ladd Huffman. 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. This page (NYSE:RDDT) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe A.I. story nobody is telling you (Read ASAP)TradeSmithGold Set to EXPLODE!Gold Safe ExchangeHow Biden has already won 2024Porter & CompanyExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Reddit, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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