Reddit, Inc. RDDT
Analyst Ratings
- Consensus
- Moderate Buy — 17 Buy · 9 Hold · 0 Sell (26 analysts)
- Avg. Price Target
- $230.69 (+40.2% upside)
Key Stats
- Today's Range
- $164.18 – $178.34
- 50-Day Range
- $135.22 – $208.05
- 52-Week Range
- $119.27 – $282.95
- Volume
- 37.85 million shs
- Average Volume
- 6.97 million shs
- Market Cap
- $34.26 billion
- P/E Ratio
- 38.26
- Dividend Yield
- —
Valuation
- P/E Ratio
- 38.26
- Price / Book
- 10.43
- Price / Sales
- 12.33
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.
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