Reddit (RDDT) Stock Price, News & Analysis

Company Overview

Reddit, Inc. (NYSE: RDDT) is a publicly traded social news aggregation, content rating and discussion platform that connects millions of users around the globe. Founded in 2005 by Steve Huffman and Alexis Ohanian, the company hosts user-generated content on a wide array of topics, organized into specialized communities known as “subreddits.” Through a voting system, members promote or demote posts and comments, enabling the most relevant or popular content to rise to the top of each discussion feed.

At the core of Reddit’s offerings is its flagship website and accompanying mobile applications, which provide real-time engagement, community moderation tools and customizable feeds. The platform also supports multimedia content, including images, video clips and live audio discussions. To enhance user experience, Reddit offers a premium subscription service—Reddit Premium—which grants an ad-free browsing environment, access to a dedicated community lounge and periodic in-platform awards that users can bestow on noteworthy posts.

Serving a global audience, Reddit maintains its headquarters in San Francisco, California, with additional offices in cities such as New York, London and Toronto. The platform supports localized communities across North America, Europe, Asia and beyond, offering regional language forums and targeted content feeds. This worldwide footprint enables local discussions on politics, technology, sports and entertainment, while fostering cross-border exchanges of ideas and information.

Since its initial public offering in 2022, Reddit has continued to expand its leadership team under co-founder and Chief Executive Officer Steve Huffman, alongside Chief Financial Officer Drew Vollero and Chief Technology Officer Christopher Slowe. Over time, the company has attracted strategic partnerships and developed advertising solutions that cater to marketers seeking to engage passionate and niche audiences. Reddit’s ongoing investments in community tools, platform security and multimedia experiences aim to reinforce its position as a leading destination for digital discussion and content discovery.

Key Stats

• Today's Range: $141.28 to $148.80
• 50-Day Range: $95.71 to $159.26
• 52-Week Range: $49.13 to $230.41
• Volume: 3.93 million shs
• Average Volume: 6.69 million shs
• Market Capitalization: $26.33 billion
• P/E Ratio: 241.90
• Dividend Yield: N/A
• Price Target: $141.04
• Consensus Rating: Moderate Buy

Reddit Stock Analysis - MarketRank™

Reddit scored higher than 47% of companies evaluated by MarketBeat, and ranked 412th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Reddit has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 12 buy ratings, 9 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Reddit has been the subject of 17 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 94.64%

Earnings Growth

Earnings for Reddit are expected to grow by 94.64% in the coming year, from $1.12 to $2.18 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Reddit is 241.90, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.14.

Price to Earnings Ratio vs. Sector

The P/E ratio of Reddit is 241.90, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 47.00.

Price to Earnings Growth Ratio

Reddit has a PEG Ratio of 3.74. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Reddit has a P/B Ratio of 12.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

17.12% of the float of Reddit has been sold short.

Short Interest Ratio / Days to Cover

Reddit has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reddit has recently increased by 0.41%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Reddit does not currently pay a dividend.

Dividend Growth

Reddit does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

17.12% of the float of Reddit has been sold short.

Short Interest Ratio / Days to Cover

Reddit has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Reddit has recently increased by 0.41%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.63

News Sentiment

Reddit has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 42 news articles for Reddit this week, compared to 28 articles on an average week.

Search Interest

Only 84 people have searched for RDDT on MarketBeat in the last 30 days. This is a decrease of -13% compared to the previous 30 days.

MarketBeat Follows

Only 24 people have added Reddit to their MarketBeat watchlist in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Reddit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $69,599,110.00 in company stock.

Percentage Held by Insiders

34.25% of the stock of Reddit is held by insiders. A high percentage of insider ownership can be a sign of company health.

RDDT Stock Analysis - Frequently Asked Questions

How have RDDT shares performed this year?

Reddit's stock was trading at $163.44 at the start of the year. Since then, RDDT stock has decreased by 12.7% and is now trading at $142.72.

How were Reddit's earnings last quarter?

Reddit Inc. (NYSE:RDDT) issued its quarterly earnings results on Thursday, May, 1st. The company reported $0.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.11. The business's revenue for the quarter was up 61.5% compared to the same quarter last year.
Read the conference call transcript.

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 $34.00 per share.

Who are Reddit's major shareholders?

Reddit's top institutional investors include Focus Financial Network Inc. (0.02%), Sivia Capital Partners LLC (0.02%), Brooklyn FI LLC (0.01%) and Mn Services Vermogensbeheer B.V. (0.01%). Insiders that own company stock include Jennifer L Wong, Steve Ladd Huffman, Andrew Vollero, Christopher Brian Slowe, Benjamin Seong Lee, Michelle Marie Reynolds, David C Habiger and Mary Porter Gale.
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.

What other stocks do shareholders of Reddit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reddit investors own include NVIDIA (NVDA), Lockheed Martin (LMT), Advanced Micro Devices (AMD), Home Depot (HD), Taiwan Semiconductor Manufacturing (TSM), Tesla (TSLA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 5/01/2025
• Today: 7/10/2025
• Next Earnings (Confirmed): 7/31/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Business Services
• Current Symbol: NYSE:RDDT
• Previous Symbol: NYSE:RDDT
• CIK: 1713445
• Web: www.redditinc.com
• Phone: (415) 494-8016
• Fax: N/A
• Employees: 2,233
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Reddit: $141.04
• High Price Target: $220.00
• Low Price Target: $67.00
• Potential Upside/Downside: -1.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 24 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.59
• Trailing P/E Ratio: 241.90
• Forward P/E Ratio: 127.43
• P/E Growth: 3.75
• Net Income: -$484.28 million
• Net Margins: 8.07%
• Pretax Margin: 7.86%
• Return on Equity: 5.69%
• Return on Assets: 5.19%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 12.47
• Quick Ratio: 12.46

Sales & Book Value

• Annual Sales: $1.30 billion
• Price / Sales: 20.25
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $11.82 per share
• Price / Book: 12.07

Miscellaneous

• Outstanding Shares: 184,520,000
• Free Float: 121,323,000
• Market Cap: $26.33 billion
• Optionable: Optionable
• Beta: 2.33