Reddit, Inc. (RDDT)

Market Cap	43.94B
Revenue (ttm)	1.67B
Net Income (ttm)	216.34M
Shares Out	187.16M
EPS (ttm)	1.16
PE Ratio	203.10
Forward PE	100.63
Dividend	n/a
Ex-Dividend Date	n/a

Volume	7,458,854
Open	225.92
Previous Close	224.02
Day's Range	224.30 - 237.35
52-Week Range	52.39 - 237.35
Beta	n/a
Analysts	Buy
Price Target	167.04 (-28.85%)
Earnings Date	Jul 31, 2025

About RDDT

Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also 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 ...

• Industry: Internet Content & Information
• Sector: Communication Services
• IPO Date: Mar 21, 2024
• Employees: 2,233
• Stock Exchange: NYSE
• Ticker Symbol: RDDT
• Website: https://redditinc.com

Financial Performance

In 2024, Reddit's revenue was $1.30 billion, an increase of 61.71% compared to the previous year's $804.03 million. Losses were -$484.28 million, 433.2% more than in 2023.

Analyst Forecast

According to 26 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price target is $167.04, which is a decrease of -28.85% from the latest price.

Price Target

$167.04

(-28.85% downside)

Analyst Consensus: Buy