Most-Upgraded StocksMost-UpgradedNYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis 62.36 +0.30 (+0.48%) (As of 07/26/2024 08:55 PM ET) Add Compare Share Share Today's Range61.23▼64.3250-Day Range54.16▼73.8552-Week Range37.35▼78.08Volume2.04 million shsAverage Volume2.81 million shsMarket Capitalization$10.20 billionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Reddit alerts: Email Address Reddit MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish23.04% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.45Based on 30 Articles This WeekInsider TradingSelling Shares$11.36 M Sold Last QuarterProj. Earnings GrowthGrowingFrom -4.62 to -0.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.21 out of 5 starsComputer And Technology Sector600th out of 612 stocksData Processing & Preparation Industry57th out of 58 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Reddit.Read more about Reddit's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted23.04% of the float of Reddit has been sold short.Short Interest Ratio / Days to CoverReddit has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 0.0 Dividend Strength Dividend YieldReddit does not currently pay a dividend.Dividend GrowthReddit does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RDDT. Previous Next 2.5 News and Social Media Coverage News SentimentReddit has a news sentiment score of 0.45. 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 WeekMarketBeat has tracked 30 news articles for Reddit this week, compared to 21 articles on an average week.Search Interest39 people have searched for RDDT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Reddit to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn 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 11,357,090.00 in company stock.Read more about Reddit's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Reddit are expected to grow in the coming year, from -4.62 to -0.49 per share.Read more about Reddit's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE 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 HeadlinesJuly 12, 2024 | marketbeat.comSocial Platform Stock Hits New Highs: Is More Growth Ahead?Reddit, Inc. NYSE: RDDT has been on an impressive run, recently achieving a new all-time high and up almost 40% YTD. The question now is whether this momentum and sector outperformance can continue after the stock pulled back nearly 10% from its recent highs and has a growing short interest.July 12, 2024 | marketbeat.comSocial Platform Stock Hits New Highs: Is More Growth Ahead?Reddit's stock has surged nearly 40% YTD and recently made a new ATH, with technical analysis indicating a bullish setup and potential for continued momentum.July 27, 2024 | True Market Insiders (Ad)The #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…July 26 at 4:12 PM | benzinga.comUnpacking the Latest Options Trading Trends in RedditJuly 24 at 2:13 PM | benzinga.comSpotlight on Reddit: Analyzing the Surge in Options ActivityJuly 24 at 2:13 PM | seekingalpha.comReddit: Waiting For A Better PriceJuly 24 at 12:54 PM | gurufocus.comIPO Window Cracks Open, Scouting Potential 2nd-Half Go-Public StoriesJuly 24 at 10:21 AM | americanbankingnews.comReddit (NYSE:RDDT) Given New $70.00 Price Target at Morgan StanleyJuly 27, 2024 | True Market Insiders (Ad)The #1 Crypto for 2024 (3 Cent Coin)Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…July 24 at 3:51 AM | americanbankingnews.comReddit, Inc. (NYSE:RDDT) Receives Average Rating of "Moderate Buy" from AnalystsJuly 23, 2024 | msn.comWhy Reddit Stock Looks Too Risky for One Analyst Ahead of August 9July 23, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Given New $50.00 Price Target at Sanford C. BernsteinJuly 23, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Stock Price Up 4.5% on Analyst UpgradeJuly 23, 2024 | msn.comReddit’s stock rises on new partnership with NFL, NBA, MLB, PGA Tour and NASCARJuly 22, 2024 | markets.businessinsider.comUnveiling 18 Analyst Insights On RedditJuly 22, 2024 | msn.comReddit (NYSE:RDDT) Surges amid New Deals with Sports LeaguesJuly 22, 2024 | ca.investing.comReddit stock jumps on NFL, NBA partnershipJuly 22, 2024 | theglobeandmail.comReddit strikes deals with sports leagues to attract more ad dollarsSee 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 Earnings5/07/2024Today7/26/2024Next Earnings (Confirmed)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 Ratio12.27 Quick Ratio12.27 Sales & Book Value Annual Sales$804.03 million Price / Sales12.68 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares163,510,000Free FloatN/AMarket Cap$10.20 billion OptionableOptionable BetaN/A 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsVerisk AnalyticsNASDAQ:VRSKToastNYSE:TOSTGlobantNYSE:GLOBBilibiliNASDAQ:BILIPegasystemsNASDAQ:PEGAView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 153,282 shares on 7/26/2024Ownership: 1.017%ARK Investment Management LLCBought 149,885 shares on 7/26/2024Ownership: 0.098%Cambridge Investment Research Advisors Inc.Bought 18,791 shares on 7/26/2024Ownership: 0.011%Calamos Wealth Management LLCBought 5,000 shares on 7/25/2024Ownership: 0.000%Carnegie Investment CounselBought 126,285 shares on 7/22/2024Ownership: 0.077%View All Insider TransactionsView All Institutional Transactions RDDT Stock Analysis - Frequently Asked Questions How have RDDT shares performed this year? Reddit's stock was trading at 50.44 at the beginning of 2024. Since then, RDDT stock has increased by 23.6% and is now trading at 62.36. View the best growth stocks for 2024 here. How were Reddit's earnings last quarter? Reddit, Inc. (NYSE:RDDT) issued its earnings results on Tuesday, May, 7th. The company reported ($8.19) EPS for the quarter, missing the consensus estimate of ($2.34) by $5.85. Reddit's revenue for the quarter was up 48.4% on a year-over-year basis. 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 does the company's lock-up period expire? Reddit's lock-up period expires on Tuesday, September 17th. Reddit had issued 22,000,000 shares in its public offering on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. After the expiration of the company's lock-up period, company insiders and major shareholders will be able to sell their shares of the company. Who are Reddit's major shareholders? Reddit's top institutional investors include Bank of New York Mellon Corp (1.02%), Sumitomo Mitsui Trust Holdings Inc. (0.19%), ARK Investment Management LLC (0.10%) and Carnegie Investment Counsel (0.08%). Insiders that own company stock include Jennifer L Wong, Steve Ladd Huffman, Andrew Vollero, Christopher Brian Slowe, Benjamin Seong Lee, Michelle Marie Reynolds and David C Habiger. 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. 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