RDDT logo

Reddit (RDDT)

Profile

Full Name

Reddit, Inc.

Ticker Symbol

RDDT

Exchange

NYSE

Sector

Communication Services

Industry

Internet Content & Information

Country

United States

IPO

March 21, 2024

Indexes

Not included

Website

http://redditinc.com

Employees

2233

Key Details

Price

$116.12(+3.45%)

Market cap

Last Dividend

-

TTM Dividend yield

-

Annual revenue

$1.30B(+61.71% YoY)

Annual EPS

-$3.33(-482.98% YoY)

PE ratio

-

Next earnings date

May 1, 2025

Next ex-dividend date

N/A

Next split date

N/A

Price

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Current Price

$116.12
RDDT price is $116.12

30-Day Relative Volume

1.25
RDDT 30-day relative volume is 1.25

Price Performance

Price Today change

+3.45%
RDDT price is up +3.45% today

Price YTD change

-28.95%
RDDT price is down -28.95% since January 1st

Price 1-year change

+173.55%
RDDT price is up +173.55% year-on-year

Price 3-year change

-
RDDT price 3-year change is unknown

Price Range

Price All-time high

$230.41
RDDT price is currently -49.60% below its historical high of $230.41

Price 3-year low

$37.35
RDDT price is currently +210.90% above its 3-year low

Capitalization

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Market cap

Market cap

$21.01B
RDDT market capitalization is $21.01 billion

Market cap 3-year change

-
RDDT market capitalization 3-year change is unknown

Market cap All-time high

$40.97B
RDDT market capitalization is currently -48.72% below its historical high of $40.97 billion

Market cap sector rank

90.19%
RDDT market capitalization is higher than 90.19% of companies in Communication Services sector

Shares Outstanding

Shares Outstanding 1-Year Change

+10.75%
RDDT shares outstanding is up +10.75% year-on-year

Shares Outstanding 3-Year Change

-
RDDT shares outstanding 3-year change is unknown

Technical Indicators

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Beta

2.16
RDDT beta is 2.16

200-day SMA

$115.58
RDDT price is currently +0.47% above its 200-day simple moving average

50-day SMA

$130.02
RDDT price is currently -10.69% below its 50-day simple moving average

RSI

51.57
RDDT 14-day relative strength index is 51.57

Volume

1.25
RDDT 30-day relative volume is 1.25

ATR

$8.49
RDDT average true range is $8.49

10-day Historical Volatility

74.31%
RDDT 10-day historical volatility is 74.31%

Dividend

Income Statement

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Revenue

Revenue

$1.30B
RDDT annual revenue is $1.30 billion

Revenue Analysts estimate

$1.77B
RDDT annual revenue is currently -26.68% lower than the consensus analysts' forecast

Revenue 1-year change

+61.71%
RDDT annual revenue is up +61.71% year-on-year

Revenue Sector rank

60.45%
RDDT annual revenue is higher than 60.45% of companies in Communication Services sector

EPS

EPS

-$3.33
RDDT annual earnings per share is -$3.33

EPS Analysts estimate

$1.08
RDDT annual earnings per share is currently -409.19% lower than the consensus analysts' forecast

EPS 1-year change

-482.98%
RDDT annual earnings per share is down -482.98% year-on-year

EPS Sector rank

16.17%
RDDT annual earnings per share is higher than 16.17% of companies in Communication Services sector

Profit

Gross profit

$1.18B
RDDT annual gross profit is $1.18 billion

Gross margin

90.49%
RDDT annual gross profit margin is 90.49%

Operating profit

-$560.57M
RDDT annual operating income is -$560.57 million

Operating margin

-43.11%
RDDT annual operating profit margin is -43.11%

Net income

-$484.28M
RDDT annual net profit is -$484.28 million

Net margin

-37.25%
RDDT annual net profit margin is -37.25%

Expenses

Total expenses

$1.86B
RDDT annual total expenses is $1.86 billion

Operating expenses

$1.74B
RDDT annual total operating expenses is $1.74 billion

Cost of goods sold

$123.59M
RDDT annual cost of goods sold is $123.59 million

Selling, general & administrative expenses

$802.03M
RDDT annual SGA is $802.03 million

Depreciation and amortization

$15.64M
RDDT annual depreciation & amortization is $15.64 million

Interest expense

-
RDDT annual interest expense value is unknown

Income tax

-$931.00K
RDDT annual income tax is -$931.00 thousand

EBIT & EBITDA

EBIT

-$560.57M
RDDT annual earnings before interest & taxes is -$560.57 million

EBITDA

-$544.92M
RDDT annual EBITDA is -$544.92 million

Balance Sheet

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Assets

Total assets

$2.34B
RDDT annual total assets is $2.34 billion

Non current assets

$113.18M
RDDT annual long term assets is $113.18 million

Current assets

$2.22B
RDDT annual total current assets is $2.22 billion

Cash and cash equivalents

$562.09M
RDDT annual cash & cash equivalents is $562.09 million

Accounts receivable

$349.53M
RDDT annual accounts receivable is $349.53 million

Inventory

-
RDDT annual inventory value is unknown

Liabilities

Total liabilities

$205.85M
RDDT annual total liabilities is $205.85 million

Long term liabilities

$29.82M
RDDT annual total long term liabilities is $29.82 million

Current liabilities

$176.02M
RDDT annual total current liabilities is $176.02 million

Accounts payable

$45.42M
RDDT annual accounts payable is $45.42 million

Debt

Total debt

$26.70M
RDDT annual total debt is $26.70 million

Total debt 1-year change

+3.71%
RDDT annual total debt is up +3.71% year-on-year

Long term debt

$20.57M
RDDT annual long term debt is $20.57 million

Short term debt

$6.14M
RDDT annual short term debt is $6.14 million

Equity & Capital

Shareholders equity

$2.13B
RDDT annual stockholders equity is $2.13 billion

Book value

$2.13B
RDDT annual book value is $2.13 billion

Retained earnings

-$1.20B
RDDT annual retained earnings is -$1.20 billion

Working capital

$2.05B
RDDT annual working capital is $2.05 billion

Cash Flow Statement

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Cashflow Activities

Cash from operations

$222.07M
RDDT annual cash flow from operations is $222.07 million

Cash from operations 1-year change

+395.64%
RDDT annual cash flow from operations is up +395.64% year-on-year

Cash from investing

-$440.69M
RDDT annual cash flow from investing activities is -$440.69 million

Cash from investing 1-year change

-1167.27%
RDDT annual cash flow from investing activities is down -1167.27% year-on-year

Cash from financing

$379.54M
RDDT annual cash flow from financing activities is $379.54 million

Cash from financing 1-year change

+46898.4%
RDDT annual cash flow from financing activities is up +46898.4% year-on-year

CAPEX

CAPEX

$6.25M
RDDT annual capital expenditures is $6.25 million

CAPEX 1-year change

-35.75%
RDDT annual capital expenditures is down -35.75% year-on-year

Free Cash Flow

Free cash flow

$215.82M
RDDT annual free cash flow is $215.82 million

Free cash flow 1-year change

+354.39%
RDDT annual free cash flow is up +354.39% year-on-year

Profitability Ratios

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Margins

Gross margin

90.49%
RDDT annual gross profit margin is 90.49%

Operating margin

-43.11%
RDDT annual operating profit margin is -43.11%

Net margin

-37.25%
RDDT annual net profit margin is -37.25%

ROA & ROE

ROA

-24.63%
RDDT annual return on assets is -24.63%

ROE

-56.38%
RDDT annual return on equity is -56.38%

Valuation

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PE Ratio

PE ratio

-
RDDT price to earnings ratio value is unknown

PE ratio Sector rank

-
RDDT price to earnings ratio is unknown

PB Ratio

PB ratio

9.86
RDDT price to book ratio is 9.86

PB ratio Sector rank

93.92%
RDDT price to book ratio is higher than 93.92% of companies in Communication Services sector

PS Ratio

PS ratio

16.16
RDDT price to sales ratio is 16.16

PS ratio Sector rank

97.03%
RDDT price to sales ratio is higher than 97.03% of companies in Communication Services sector

Enterprise value

Enterprise value

$20.47B
RDDT enterprise value is $20.47 billion

Enterprise value Sector rank

88.12%
RDDT enterprise value is higher than 88.12% of companies in Communication Services sector

EV/EBITDA

EV/EBITDA

-37.57
RDDT EV/EBITDA is -37.57

EV/EBITDA Sector rank

1.7%
RDDT EV/EBITDA is higher than 1.7% of companies in Communication Services sector

Financial Health

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Liquidity

Current ratio

12.63
RDDT annual current ratio is 12.63

Quick ratio

-
RDDT annual quick ratio value is unknown

Leverage

Debt to equity

0.00
RDDT annual debt to equity ratio is 0.00

Interest coverage ratio

-
RDDT annual interest coverage ratio value is unknown

Risk & Stability

Piotroski F-Score

6
RDDT piotroski f-score is 6

Altman Z-Score

61.33
RDDT altman z-score is 61.33

Analyst ratings

Recent major analysts updates

Apr 17, 25 Morgan Stanley
Overweight
Apr 14, 25 Goldman Sachs
Neutral
Apr 14, 25 Citigroup
Buy
Apr 10, 25 Piper Sandler
Overweight
Apr 9, 25 B of A Securities
Neutral
Apr 8, 25 JP Morgan
Neutral
Apr 7, 25 Truist Securities
Buy
Mar 31, 25 Wells Fargo
Overweight
Mar 28, 25 JMP Securities
Market Outperform
Mar 28, 25 Citizens Capital Markets
Market Outperform

Institutional Ownership

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  • What is the ticker symbol for Reddit?
  • Does Reddit pay dividends?
  • What sector is Reddit in?
  • What industry is Reddit in?
  • What country is Reddit based in?
  • When did Reddit go public?
  • Is Reddit in the S&P 500?
  • Is Reddit in the NASDAQ 100?
  • Is Reddit in the Dow Jones?
  • When was Reddit's last earnings report?
  • When does Reddit report earnings?
  • Should I buy Reddit stock now?

What is the ticker symbol for Reddit?

The ticker symbol for Reddit is NYSE:RDDT

Does Reddit pay dividends?

No, Reddit does not pay dividends

What sector is Reddit in?

Reddit is in the Communication Services sector

What industry is Reddit in?

Reddit is in the Internet Content & Information industry

What country is Reddit based in?

Reddit is headquartered in United States

When did Reddit go public?

Reddit's initial public offering (IPO) was on March 21, 2024

Is Reddit in the S&P 500?

No, Reddit is not included in the S&P 500 index

Is Reddit in the NASDAQ 100?

No, Reddit is not included in the NASDAQ 100 index

Is Reddit in the Dow Jones?

No, Reddit is not included in the Dow Jones index

When was Reddit's last earnings report?

Reddit's most recent earnings report was on Feb 12, 2025

When does Reddit report earnings?

The next expected earnings date for Reddit is May 1, 2025

Should I buy Reddit stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions
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