Reddit (RDDT)

$56.87

-0.59

(-1.03%)

Market is closed - opens 7 PM, 11 Sep 2024

Performance

  • $55.52
    $57.66
    $56.87
    downward going graph

    2.37%

    Downside

    Day's Volatility :3.71%

    Upside

    1.37%

    downward going graph
  • $37.35
    $78.08
    $56.87
    downward going graph

    34.32%

    Downside

    52 Weeks Volatility :52.16%

    Upside

    27.16%

    downward going graph

Returns

PeriodRedditIndex (Russel 2000)
3 Months
-4.66%
0.0%
6 Months
12.71%
0.0%
1 Year
12.71%
0.0%
3 Years
12.71%
-20.6%

Highlights

Market Capitalization
9.8B
Book Value
$11.25
Wall Street Target Price
60.46
Profit Margin
-68.5%
Operating Margin TTM
-242.53%
Return On Assets TTM
-5.48%
Return On Equity TTM
-36.53%
Revenue TTM
883.3M
Revenue Per Share TTM
14.21
Quarterly Revenue Growth YOY
48.4%
Gross Profit TTM
0.0
EBITDA
-644.7M
Diluted Eps TTM
0.0
Quarterly Earnings Growth YOY
0.0
EPS Estimate Current Year
-6.09
EPS Estimate Next Year
-0.66
EPS Estimate Current Quarter
-8.71
EPS Estimate Next Quarter
-0.51

Analyst Recommendation

Buy
    65%Buy
    30%Hold
    5%Sell
Based on 20 Wall street analysts offering stock ratings for Reddit(by analysts ranked 0 to 5 stars)

Analyst Forecast

What analysts predicted

Upside of 6.31%

Current $56.87
Target $60.46

Technicals Summary

Sell

Neutral

Buy

Reddit is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Reddit
Reddit
8.27%
12.71%
12.71%
12.71%
12.71%
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
-7.21%
9.49%
10.45%
7.19%
152.29%
Meta Platforms Inc
Meta Platforms Inc
-3.04%
3.45%
62.66%
32.11%
168.72%
Doordash
Doordash
-0.39%
-4.05%
48.35%
-41.27%
-34.8%
Spotify Technology Sa
Spotify Technology Sa
-5.17%
26.85%
104.73%
30.28%
148.28%
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
-7.01%
9.62%
10.22%
7.13%
150.34%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Reddit
Reddit
NA
NA
NA
-6.09
-0.37
-0.05
NA
11.25
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
21.83
21.83
1.03
7.66
0.31
0.16
0.01
24.41
Meta Platforms Inc
Meta Platforms Inc
25.56
25.56
0.88
21.21
0.35
0.18
0.0
61.89
Doordash
Doordash
NA
NA
NA
0.01
-0.06
-0.02
NA
17.34
Spotify Technology Sa
Spotify Technology Sa
129.88
129.88
NA
6.47
0.15
0.05
NA
21.21
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
22.45
22.45
1.06
7.66
0.31
0.16
0.01
24.41
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Reddit
Reddit
Buy
$9.8B
12.71%
NA
-68.5%
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
Buy
$1.9T
152.29%
21.83
26.7%
Meta Platforms Inc
Meta Platforms Inc
Buy
$1.3T
168.72%
25.56
34.34%
Doordash
Doordash
Buy
$50.9B
-34.8%
NA
-4.24%
Spotify Technology Sa
Spotify Technology Sa
Buy
$66.0B
148.28%
129.88
3.22%
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
Buy
$1.9T
150.34%
22.45
26.7%

Insights on Reddit

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 242.96M → 281.18M (in $), with an average increase of 13.6% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -575.06M → -10.09M (in $), with an average increase of 5594.3% per quarter

Corporate Announcements

  • Reddit Earnings

    Reddit’s price-to-earnings ratio stands at None

    Read More

Company Information

Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest.

Organization
Reddit
Employees
0
CEO
Mr. Steven Ladd Huffman
Industry
Miscellaneous

FAQs