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Reddit (RDDT) Competitors

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$168.98 -9.12 (-5.12%)
(As of 12/17/2024 ET)

RDDT vs. MELI, PYPL, RELX, FISV, TCOM, WCN, IQV, GIB, CPAY, and KSPI

Should you be buying Reddit stock or one of its competitors? The main competitors of Reddit include MercadoLibre (MELI), PayPal (PYPL), Relx (RELX), Fiserv (FISV), Trip.com Group (TCOM), Waste Connections (WCN), IQVIA (IQV), CGI (GIB), Corpay (CPAY), and Joint Stock Company Kaspi.kz (KSPI). These companies are all part of the "business services" industry.

Reddit vs.

Reddit (NYSE:RDDT) and MercadoLibre (NASDAQ:MELI) are both large-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, media sentiment, dividends, valuation, risk, community ranking, profitability, earnings and analyst recommendations.

MercadoLibre has a net margin of 7.57% compared to Reddit's net margin of -47.83%. MercadoLibre's return on equity of 40.71% beat Reddit's return on equity.

Company Net Margins Return on Equity Return on Assets
Reddit-47.83% -40.54% -27.32%
MercadoLibre 7.57%40.71%7.24%

In the previous week, Reddit had 5 more articles in the media than MercadoLibre. MarketBeat recorded 26 mentions for Reddit and 21 mentions for MercadoLibre. MercadoLibre's average media sentiment score of 0.93 beat Reddit's score of 0.73 indicating that MercadoLibre is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Reddit
12 Very Positive mention(s)
4 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
MercadoLibre
17 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

87.6% of MercadoLibre shares are owned by institutional investors. 0.1% of MercadoLibre shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Reddit currently has a consensus target price of $124.42, suggesting a potential downside of 26.37%. MercadoLibre has a consensus target price of $2,267.67, suggesting a potential upside of 25.35%. Given MercadoLibre's stronger consensus rating and higher probable upside, analysts plainly believe MercadoLibre is more favorable than Reddit.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Reddit
1 Sell rating(s)
5 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.70
MercadoLibre
0 Sell rating(s)
2 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.94

MercadoLibre received 621 more outperform votes than Reddit when rated by MarketBeat users. However, 71.23% of users gave Reddit an outperform vote while only 65.85% of users gave MercadoLibre an outperform vote.

CompanyUnderperformOutperform
RedditOutperform Votes
52
71.23%
Underperform Votes
21
28.77%
MercadoLibreOutperform Votes
673
65.85%
Underperform Votes
349
34.15%

MercadoLibre has higher revenue and earnings than Reddit.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Reddit$1.12B26.44-$90.82MN/AN/A
MercadoLibre$18.49B4.96$987M$28.3463.84

Summary

MercadoLibre beats Reddit on 12 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RDDT vs. The Competition

MetricRedditData processing & preparation IndustryComputer SectorNYSE Exchange
Market Cap$29.67B$4.32B$25.33B$19.67B
Dividend YieldN/A2.75%2.72%3.51%
P/E RatioN/A33.70254.2243.80
Price / Sales26.442,017.752,943.3217.45
Price / CashN/A33.4734.5721.73
Price / BookN/A6.198.135.46
Net Income-$90.82M$40.30M$669.89M$987.68M
7 Day Performance1.86%1.61%-0.21%-2.32%
1 Month Performance30.67%16.36%10.10%0.63%
1 Year PerformanceN/A24.07%25.60%16.39%

Reddit Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RDDT
Reddit
1.2614 of 5 stars
$168.98
-5.1%
$124.42
-26.4%
N/A$29.67B$1.12B0.002,013
MELI
MercadoLibre
4.9439 of 5 stars
$1,803.28
-1.1%
$2,267.67
+25.8%
+12.6%$91.42B$18.49B64.3615,638
PYPL
PayPal
4.1483 of 5 stars
$91.09
+0.1%
$86.74
-4.8%
+48.3%$91.32B$29.77B21.6627,200Analyst Forecast
RELX
Relx
2.1422 of 5 stars
$47.14
+0.2%
N/A+23.1%$87.75B$9.91B0.0036,500
FISV
Fiserv
0.7377 of 5 stars
$114.23
+1.8%
N/AN/A$71.75B$18.15B30.1441,000Analyst Forecast
News Coverage
High Trading Volume
TCOM
Trip.com Group
4.0723 of 5 stars
$72.36
-0.3%
$74.18
+2.5%
+121.0%$46.61B$48.74B21.7236,249
WCN
Waste Connections
4.6396 of 5 stars
$179.45
-0.3%
$199.88
+11.4%
+21.2%$46.31B$8.69B49.4422,539
IQV
IQVIA
4.9237 of 5 stars
$197.71
-0.7%
$256.19
+29.6%
-13.3%$35.88B$14.98B26.1287,000Short Interest ↓
Analyst Revision
GIB
CGI
3.1853 of 5 stars
$110.20
-2.1%
$137.00
+24.3%
+2.7%$25.12B$14.52B20.9391,500Short Interest ↑
News Coverage
CPAY
Corpay
3.5279 of 5 stars
$357.43
+0.1%
$369.29
+3.3%
N/A$24.92B$3.88B25.5910,500Short Interest ↑
Positive News
KSPI
Joint Stock Company Kaspi.kz
3.9241 of 5 stars
$105.00
-0.9%
$147.20
+40.2%
N/A$20.95B$2.36T0.008,772

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This page (NYSE:RDDT) was last updated on 12/18/2024 by MarketBeat.com Staff
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