NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis → What’s Really Next for America… (From Porter & Company) (Ad) Free RDDT Stock Alerts 58.19 +4.66 (+8.71%) (As of 08:01 PM ET) Add Compare Share Share Today's Range55.59▼61.2150-Day Range N/A52-Week Range37.35▼74.90Volume8.16 million shsAverage Volume6.30 million shsMarket Capitalization$9.25 billionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Reddit alerts: Email Address Ad Porter & CompanyNew York goes dark, then America.Artificial intelligence is about to trigger a shocking new crisis in New York. Experts warn it could be “the next 9/11” and while New York will be ground zero for this looming catastrophe, it will not be the only state impacted. This crisis could affect 233 million Americans starting at any moment from now. Click here for the full story. About Reddit Stock (NYSE:RDDT)Reddit, Inc. operates a website that organizes digital communities. It 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 San Francisco, California.Read More RDDT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDDT Stock News HeadlinesMay 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderAfter its recent initial public offering (IPO), shares of Reddit Inc. NYSE: RDDT have become a focal point for investors looking to find the next big social media platform. The stock has delivered a relatively flat performance since its IPO in March 2024, but that could mean good news for investors.May 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderReddit stock could be the most aggressive growth story in social media, and still offering one of the steepest price action discounts in the industry.May 13 at 5:08 PM | investorplace.comInfamous User Roaring Kitty Sends Reddit (RDDT) Stock SurgingMay 13 at 12:10 PM | cnbc.comGameStop mentions surge on Reddit, surpassing NvidiaMay 13 at 11:38 AM | investorplace.comMeme Stock Rebound: 3 Reddit Favorites Primed for a Resurgence May 13 at 9:22 AM | fool.comReddit Stock Surged on News of Its Artificial Intelligence Bet, but Does That Make It a Worthwhile AI Buy?May 13 at 3:56 AM | americanbankingnews.comReddit (NYSE:RDDT) Price Target Increased to $55.00 by Analysts at The Goldman Sachs GroupMay 12 at 10:53 AM | investorplace.com3 New Stocks That Could Soon Join the Trillion-Dollar ClubMay 12 at 7:00 AM | investorplace.com3 Media Stocks to Buy While AMC Continues FallingMay 12 at 4:16 AM | americanbankingnews.comReddit (NYSE:RDDT) Price Target Raised to $65.00 at Piper SandlerMay 12 at 3:38 AM | americanbankingnews.comReddit (NYSE:RDDT) PT Raised to $63.00May 12 at 3:38 AM | americanbankingnews.comRobert W. Baird Boosts Reddit (NYSE:RDDT) Price Target to $59.00May 12 at 1:36 AM | americanbankingnews.comHead to Head Analysis: Playtika (NASDAQ:PLTK) & Reddit (NYSE:RDDT)May 11 at 6:15 AM | americanbankingnews.comSanford C. Bernstein Raises Reddit (NYSE:RDDT) Price Target to $45.00May 11 at 2:22 AM | americanbankingnews.comReddit (NYSE:RDDT) Shares Up 7.1% on Analyst UpgradeMay 11 at 1:50 AM | americanbankingnews.comRoth Capital Weighs in on Reddit, Inc.'s Q2 2024 Earnings (NYSE:RDDT)May 10 at 5:15 PM | seekingalpha.comReddit: Is It A Buy Following Strong Earnings?May 10 at 6:45 AM | investorplace.comCountdown to Destruction: Brutal Days Are Coming for Reddit StockMay 10 at 6:28 AM | americanbankingnews.comReddit (NYSE:RDDT) PT Raised to $65.00 at CitigroupMay 10 at 5:56 AM | americanbankingnews.comRoth Mkm Increases Reddit (NYSE:RDDT) Price Target to $61.00May 10 at 5:00 AM | americanbankingnews.comReddit, Inc. (NYSE:RDDT) Receives Average Rating of "Moderate Buy" from AnalystsMay 9, 2024 | benzinga.comReddit Unusual Options ActivityMay 9, 2024 | businesswire.comReddit to Participate in Upcoming Investor ConferencesMay 9, 2024 | msn.comReddit stock rises after first quarterly report on higher-than-expected earnings forecast, AI hopesMay 9, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Shares Gap Up After Analyst UpgradeSee More Headlines Receive RDDT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reddit and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/13/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNYSE:RDDT Previous SymbolNYSE:RDDT CUSIPN/A CIK1713445 Webwww.redditinc.com Phone(415) 494-8016FaxN/AEmployees2,013Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares158,990,000Free FloatN/AMarket Cap$9.25 billion OptionableOptionable BetaN/A 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Steven Ladd Huffman (Age 39)Co-Founder, CEO, President & Director Comp: $1.14MMr. Andrew Vollero (Age 57)Chief Financial Officer Comp: $1.15MMs. Jennifer L. Wong (Age 48)Chief Operating Officer Comp: $1.1MMs. Michelle ReynoldsChief Accounting OfficerDr. Christopher Slowe Ph.D. (Age 45)Chief Technology Officer Mr. Fredrick LeeChief Information Security OfficerMr. Benjamin Lee (Age 56)Chief Legal Officer & Corporate Secretary Ms. Roxy YoungChief Marketing & Consumer Experience OfficerMs. Nellie PeshkovChief People OfficerMr. Justin BassettHead of Rounding-UpMore ExecutivesKey CompetitorsGlobantNYSE:GLOBBilibiliNASDAQ:BILIStoneCoNASDAQ:STNEPegasystemsNASDAQ:PEGAToastNYSE:TOSTView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 1,665,998 shares on 5/10/2024Ownership: 1.048%SG Americas Securities LLCBought 5,374 shares on 5/7/2024Ownership: 0.003%ANTIPODES PARTNERS LtdBought 1,276 shares on 5/7/2024Ownership: 0.001%Capstone Investment Advisors LLCBought 2,500 shares on 5/1/2024Ownership: 0.000%BNP Paribas Financial MarketsBought 747 shares on 5/1/2024Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions RDDT Stock Analysis - Frequently Asked Questions Should I buy or sell Reddit stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reddit in the last year. There are currently 1 sell rating, 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RDDT shares. View RDDT analyst ratings or view top-rated stocks. How have RDDT shares performed in 2024? Reddit's stock was trading at 50.44 at the start of the year. Since then, RDDT stock has increased by 15.4% and is now trading at 58.19. View the best growth stocks for 2024 here. When is Reddit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our RDDT earnings forecast. How were Reddit's earnings last quarter? Reddit, Inc. (NYSE:RDDT) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($8.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($2.34) by $5.85. The company earned $243 million during the quarter, compared to the consensus estimate of $213.99 million. Reddit's revenue was up 48.4% on a year-over-year basis. During the same quarter last year, the company posted ($1.05) EPS. What ETFs hold Reddit's stock? ETFs with the largest weight of Reddit (NYSE:RDDT) stock in their portfolio include BNY Mellon Innovators ETF (BKIV), BlackRock Future Tech ETF (BTEK), Global X Social Media Index ETF (SOCL) and ARK Next Generation Internation ETF (ARKW).ARK Fintech Innovation ETF (ARKF). What guidance has Reddit issued on next quarter's earnings? Reddit updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $240.0 million-$255.0 million, compared to the consensus revenue estimate of $223.8 million. When did Reddit IPO? Reddit (RDDT) raised $748 million in an initial public offering on Thursday, March 21st 2024. The company issued 22,000,000 shares at $34.00 per share. When did the company's quiet period expire? Reddit's quiet period expired on Tuesday, April 30th. Reddit had issued 22,000,000 shares in its IPO on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. During the company's quiet period, insiders and any underwriters that worked on the IPO were prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. Who are Reddit's major shareholders? Reddit's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (1.05%), Raymond James Financial Services Advisors Inc. (0.03%), Commonwealth Equity Services LLC (0.01%), Seven Grand Managers LLC (0.01%), Congress Park Capital LLC (0.00%) and SG Americas Securities LLC (0.00%). Insiders that own company stock include Andrew Vollero, Christopher Brian Slowe, David C Habiger, Jennifer L Wong, Michelle Marie Reynolds and Steve Ladd Huffman. View institutional ownership trends. How do I buy shares of Reddit? Shares of RDDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:RDDT) was last updated on 5/13/2024 by MarketBeat.com Staff From Our PartnersHe Is Giving Away BitcoinCrypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldElon to Transform U.S. Economy? Porter & CompanyThe A.I. story nobody is telling you (Read ASAP)TradeSmithConflict In Israel Sends Gold Soaring ???? 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