Reddit, Inc. RDDT

$148.18 -0.90% at last close
Market Cap$28.77 billion
P/E Ratio34.46
Div Yield—
Volume2.41M
52-Week Range $119.27$282.95

Analyst Ratings

Consensus
Moderate Buy — 16 Buy · 7 Hold · 0 Sell (23 analysts)
Avg. Price Target
$225.13 (+51.9% upside)

Full RDDT forecast & analyst actions →

Key Stats

Today's Range
$144.80 – $151.50
50-Day Range
$135.22 – $185.91
52-Week Range
$119.27 – $282.95
Volume
2.41 million shs
Average Volume
4.49 million shs
Market Cap
$28.77 billion
P/E Ratio
34.46
Dividend Yield
—

Valuation

P/E Ratio
34.46
Price / Book
8.76
Price / Sales
10.35

Short Interest

Short Interest
2.61%
Days to Cover
1.00

Financials (TTM)

Revenue
$2.78 billion
Net Income
$871.10 million
Net Margin
31.35%
Return on Equity
26.51%
Debt-to-Equity
—

About Reddit, Inc.

Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.

Sector
SERVICES-COMPUTER PROCESSING & DATA PREPARATION
Employees
2,555
Exchange
XNYS
Listed
2024-03-21

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Price and fundamental data are delayed and provided for informational purposes only. Not investment advice. See our disclaimer.