NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis → How Biden has already won 2024 (From Porter & Company) (Ad) Free rddt Stock Alerts 53.53 +3.42 (+6.82%) (As of 05/10/2024 08:55 PM ET) Add Compare Share Share Today's Range50.38▼54.7550-Day Range N/A52-Week Range37.35▼74.90Volume4.45 million shsAverage Volume6.24 million shsMarket Capitalization$8.51 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 Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here 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, 2024 | Porter & Company (Ad)How Biden has already won 2024Obama’s Forever Term [Exposed] or Obama Biden has already won 2024 Exposed: the shocking election plot that will forever enshrine Obama’s destructive, Marxist vision for America… A plot that could hand him and his allies near-total control over the government, your way of life, and your future.May 12, 2024 | investorplace.com3 New Stocks That Could Soon Join the Trillion-Dollar ClubMay 12, 2024 | investorplace.com3 Media Stocks to Buy While AMC Continues FallingMay 12, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Price Target Raised to $65.00 at Piper SandlerMay 12, 2024 | americanbankingnews.comReddit (NYSE:RDDT) PT Raised to $63.00May 12, 2024 | americanbankingnews.comRobert W. Baird Boosts Reddit (NYSE:RDDT) Price Target to $59.00May 13, 2024 | Porter & Company (Ad)How Biden has already won 2024Obama’s Forever Term [Exposed] or Obama Biden has already won 2024 Exposed: the shocking election plot that will forever enshrine Obama’s destructive, Marxist vision for America… A plot that could hand him and his allies near-total control over the government, your way of life, and your future.May 12, 2024 | americanbankingnews.comHead to Head Analysis: Playtika (NASDAQ:PLTK) & Reddit (NYSE:RDDT)May 11, 2024 | americanbankingnews.comSanford C. Bernstein Raises Reddit (NYSE:RDDT) Price Target to $45.00May 11, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Shares Up 7.1% on Analyst UpgradeMay 11, 2024 | americanbankingnews.comRoth Capital Weighs in on Reddit, Inc.'s Q2 2024 Earnings (NYSE:RDDT)May 10, 2024 | seekingalpha.comReddit: Is It A Buy Following Strong Earnings?May 10, 2024 | investorplace.comCountdown to Destruction: Brutal Days Are Coming for Reddit StockMay 10, 2024 | americanbankingnews.comReddit (NYSE:RDDT) PT Raised to $65.00 at CitigroupMay 10, 2024 | americanbankingnews.comRoth Mkm Increases Reddit (NYSE:RDDT) Price Target to $61.00May 10, 2024 | 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 UpgradeMay 8, 2024 | markets.businessinsider.comReddit's Enhanced Advertising Tools Drive 'Sizable Upside': JPMorganMay 8, 2024 | msn.comReddit Stock Rises After First Post-IPO Earnings ReportMay 8, 2024 | msn.comReddit, Inc. (NYSE:RDDT) Q1 2024 Earnings Call TranscriptMay 8, 2024 | markets.businessinsider.comReddit Users See An 'Inverse Moment' As Shares Pop 14% On Social Media Platform's Financial PerformanceMay 8, 2024 | investopedia.comTech Stocks on the Move Today: Uber Technologies, Reddit, and MoreSee 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 Earnings5/07/2024Today5/12/2024Next 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$8.51 billion OptionableOptionable BetaN/A The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.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 twelve months. 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 beginning of 2024. Since then, RDDT shares have increased by 6.1% and is now trading at 53.53. 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) posted its quarterly earnings results on Tuesday, May, 7th. The company reported ($8.19) earnings per share for the quarter, missing the consensus estimate of ($2.34) by $5.85. The business had revenue of $243 million for the quarter, compared to analysts' expectations of $213.99 million. Reddit's revenue was up 48.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($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 issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share 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 IPO on Thursday, March 21st 2024. The company issued 22,000,000 shares at a price of $34.00 per share. When did Reddit's quiet period expire? Reddit's quiet period expired on Tuesday, April 30th. Reddit had issued 22,000,000 shares in its initial public offering on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. During Reddit's quiet period, underwriters and any insiders that worked on the IPO were restricted from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. 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 a variety of 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 PartnersBill Clinton Backing Biden Replacement???The Freeport SocietyThe Department of Defense Has a New Drone ContractorThe Tomorrow InvestorDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe Crypto 9-5 Escape PlanCrypto 101 MediaThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsProtect Your Bank Account Before It’s Too LateWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Reddit, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
