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Overview
Financials News Ideas Minds Technicals Forecast
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
Market capitalization
9.12 BUSD
—
—
−3.70USD
−90.82 MUSD
804.03 MUSD
28.69 M
Beta (1Y)
4.38
About Reddit
Sector
Industry
CEO
Steven Ladd Huffman
Website
Headquarters
San Francisco
Employees (FY)
2.01 K
FIGI
BBG005K1D4S0
Reddit is an American social network with news aggregation, content rating, and forum activity. Founded in 2005 by Steve Huffman and Alexis Ohanian, it is operated by Reddit Inc. Headquartered in San Francisco, Reddit has grown to become one of the most influential online platforms, facilitating discussions on a wide range of topics through its network of communities, known as "subreddits." As of February 2024, Reddit features over 16 billion posts and comments created by millions of daily active users. Reddit generates revenue primarily through the sale of advertising space on its platform and optional premium membership plans.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:—
0.00
Reddit Stock Jumps in PreMarket Trading After OpenAI PartnershipReddit shares rose 14% on Friday following a partnership with artificial intelligence firm OpenAI, which is expected to attract more users and increase advertising revenue. The partnership allows Reddit to leverage OpenAI's technology to build tools and features, and integrate Reddit's content in re
Reddit Shares Jumped 7% on Tuesday Following Memestocks CrazeReddit shares ( NYSE:RDDT ) closed at $62.34, marking its second-highest close since its IPO in March. The rally began on Monday when Keith Gill, the man who inspired the meme stock mania of 2021, resurfaced online, sending shares of GameStop and AMC soaring. Gill shared a picture on X that showed a
Long
RDDT in a rising wedge pattern with bearish move coming?Strong resistance at $50, with what looks like a rising wedge pattern. Possible bearish movement in store?
33
Reddit Shares jump 10% After Revenue Pops in First-ever EarningsReddit shares ( NYSE:RDDT ) rose 10% after the social media platform posted strong revenue growth and improved profitability in its first earnings report since its market debut. The company surprised Wall Street with a forecast that it could post an adjusted profit in the second quarter, and its rev
Long
5/7/24 - $rddt - dump it5/7/24 - vrockstar - 8 bn + on a complicated capital stack - an obviously "distributed" IPO (you still hold the bag? why?) and 8x sales on lofty 20-25% cagr revenue numbers (we all know these will get revised downward - banks need to shine up the pump to sell the deal fam). frankly, burning one of m
Short
55
Reddit to $26?Excellent buying opportunity at $26 for RDDT*This is not financial advice*
Long
RDDT shortLooking at reddit for lower prices. Distribution model in progress. would be invalidated above 44$
Short
REDDIT $RDDT - Apr. 3rd, 2024REDDIT NYSE:RDDT - Apr. 3rd, 2024BUY/LONG ZONE (GREEN): $50.50 - $56.75DO NOT TRADE/DNT ZONE (WHITE): $46.00 - $50.50SELL/SHORT ZONE (RED): $40.00 - $46.00Not enough data to list 4H, Daily, or Weekly trend directions.ATH: 74.90ATL: 44.00Wanted to chart up NYSE:RDDT after the IPO and ra
Is ReDDiT Ready to Launch? Decoding the WavesReddit has deceived the IPO buyers but the chart might be hinting at a turnaround.Elliott Wave theory suggests a possible 5-wave downtrend is ending. The current rise could be a wave 1 up before the real rise. Keep an eye on $47.50! If price breaks above this resistance level, things could get
(RDTT) Intraday Analysis: A Tug of War Between Bulls and bearsAs the trading session unfolds, Reddit, Inc. (RDTT) presents a battlefield where bulls and bears are locked in a tenuous struggle for dominance, as evidenced by the hourly chart indicators. The stock price, currently at $47.56, teeters at the precipice of a potential breakout or breakdown.The Ichi
Keep reading
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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Frequently Asked Questions
The current price of
RDDT
is
54.42
USD
— it has decreased by
2.47
% in the past 24 hours. Watch
stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on
NYSE
exchange
stocks are traded under the ticker
RDDT
.
RDDT
stock has fallen by
1.27
% compared to the previous week, the month change is a
12.35
% rise, over the last year
has showed a
15.79
% increase.
We've gathered analysts' opinions on
future price: according to them,
RDDT
price has a max estimate of
70.00
USD
and a min estimate of
45.00
USD
. Watch
RDDT chartand read a more detailed
Reddit stock forecast: see what analysts think of
and suggest that you do with its stocks.
RDDT
reached its all-time high on
Mar 26, 2024
with the price of
74.90
USD
, and its all-time low was
37.35
USD
and was reached on
Apr 18, 2024
. View more price dynamics on
RDDT chart.
See other stocks reaching their highest and lowest prices.
RDDT
stock is
3.42
% volatile and has beta coefficient of
4.38
. Track
stock price on the chart and check out the list of the most volatile stocks — is
there?
Yes, you can track
Reddit financialsin yearly and quarterly reports right on TradingView.
is going to release the next earnings report on
Aug 28, 2024
. Keep track of upcoming events with our Earnings Calendar.
RDDT
earnings for the last quarter are
−8.19
USD
per share, whereas the estimation was
−8.75
USD
resulting in a
6.44
% surprise. The estimated earnings for the next quarter are
−0.33
USD
per share. See more details about
Reddit earnings.
for the last quarter amounts to
242.96 M
USD
despite the estimated figure of
213.99 M
USD
. In the next quarter revenue is expected to reach
251.79 M
USD
.
RDDT
net income for the last quarter is
−575.07 M
USD
, while the quarter before that showed
18.53 M
USD
of net income which accounts for
−3.20 K
% change. Track more
Reddit financial statsto get the full picture.
No,
RDDT
doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of
Jun 4, 2024
, the company has
2.01 K
employees. See our rating of the largest employees — is
on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company.
EBITDA is
−644.71 M
USD
, and current EBITDA margin is
−15.73
%. See more stats in
Reddit financial statements.
Like other stocks,
RDDT
shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade
stock right from TradingView charts — choose your broker and connect to your account.
