NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free RDDT Stock Alerts 56.38 -3.25 (-5.45%) (As of 05/16/2024 09:01 PM ET) Add Compare Share Share Today's Range56.29▼60.4650-Day Range39.17▼65.1152-Week Range37.35▼74.90Volume3.22 million shsAverage Volume6.22 million shsMarket Capitalization$8.96 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 InvestorPlaceCrypto Pioneer Says: “The last crypto bull market has begun.”Right now, there’s over $6 trillion in potential investment money waiting on the sidelines. That means this crypto bull market has a lot more room to run before it comes close to being a bubble.Click here if you’d like to learn more about these five cryptos… 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 14 at 7:01 AM | marketbeat.com5 Meme Stocks With a High Short InterestNo, it's not 2021. But waking up today, you might have been forgiven for thinking so.May 14 at 7:00 AM | marketbeat.com5 Meme Stocks With a High Short Interest (RDDT)Keith Gill, aka RoaringKitty, resurfaces on Twitter, triggering a surge in GameStop and AMC Entertainment shares amid remarkable trading volume.May 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 17 at 5:40 AM | barrons.comReddit Stock Stock Soars. Playing Nice with AI Companies Is Paying Off.May 17 at 1:25 AM | msn.comReddit Co-Founder Alexis Ohanian Highlights Democrats, Including Chuck Schumer, Who Crossed Party Line To Support Pro-Crypto LawMay 16 at 10:35 PM | investopedia.comReddit Stock Soars After Company Inks Partnership With ChatGPT Owner OpenAIMay 16 at 9:19 PM | pymnts.comOpenAI and Reddit Partner on Data Licensing, AI-Powered Features, AdvertisingMay 16 at 8:24 PM | msn.comReddit shares surge on OpenAI deal to add content to ChatGPTMay 16 at 7:34 PM | cnet.comOpenAI's New Reddit Deal Means Real-Time Data for You ChatGPT UsersMay 16 at 7:06 PM | nypost.comOpenAI strikes deal with Reddit to bring content to ChatGPTMay 16 at 6:04 PM | techcrunch.comOpenAI inks deal to train AI on Reddit dataMay 16 at 4:48 PM | reuters.comOpenAI strikes deal to bring Reddit content to ChatGPTMay 16 at 3:24 PM | msn.comReddit Reintroduces Award Program: What It Could Mean For Future Monetization ProspectsMay 15 at 7:37 PM | benzinga.comMarket Whales and Their Recent Bets on RDDT OptionsMay 15 at 6:30 AM | investorplace.com3 Unbeatable Stocks to Ride the AI Wave Long-TermMay 13, 2024 | investorplace.comInfamous User Roaring Kitty Sends Reddit (RDDT) Stock SurgingMay 13, 2024 | cnbc.comGameStop mentions surge on Reddit, surpassing NvidiaMay 13, 2024 | investorplace.comMeme Stock Rebound: 3 Reddit Favorites Primed for a Resurgence May 13, 2024 | fool.comReddit Stock Surged on News of Its Artificial Intelligence Bet, but Does That Make It a Worthwhile AI Buy?May 13, 2024 | americanbankingnews.comReddit (NYSE:RDDT) Price Target Increased to $55.00 by Analysts at The Goldman Sachs GroupMay 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 $63.00See 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 Earnings5/07/2024Today5/16/2024Next 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$8.96 billion OptionableOptionable BetaN/A (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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:BILIToastNYSE:TOSTPegasystemsNASDAQ:PEGAStoneCoNASDAQ:STNEView All CompetitorsInsiders & InstitutionsBlackstone Inc.Bought 750,000 shares on 5/16/2024Ownership: 0.472%Jane Street Group LLCBought 193,200 shares on 5/16/2024Ownership: 0.000%BlueCrest Capital Management LtdBought 30,000 shares on 5/16/2024Ownership: 0.019%Janus Henderson Group PLCBought 15,000 shares on 5/16/2024Ownership: 0.009%Sandia Investment Management LPBought 1,600 shares on 5/15/2024Ownership: 0.001%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 on January 1st, 2024. Since then, RDDT shares have increased by 11.8% and is now trading at 56.38. 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) issued 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 business earned $243 million during the quarter, compared to analysts' expectations of $213.99 million. The business's revenue for the quarter was up 48.4% on a year-over-year basis. During the same period in the prior year, the company earned ($1.05) earnings per share. 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 (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 IPO on Thursday, March 21st 2024. The company issued 22,000,000 shares at a price of $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 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 the company's quiet period, underwriters and any insiders 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 a number of retail and institutional investors. Top institutional shareholders include Inclusive Capital Partners L.P. (1.31%), Vanguard Group Inc. (1.05%), Price T Rowe Associates Inc. MD (0.47%), Blackstone Inc. (0.47%), Bamco Inc. NY (0.19%) and Healthcare of Ontario Pension Plan Trust Fund (0.13%). 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 5/17/2024 by MarketBeat.com Staff From Our Partners348 million Americans lives to END as we know it?The Oxford ClubCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceGold Set to EXPLODE!Gold Safe ExchangeInvest in the "Trojan Horse" of Alzheimer's TreatmentBehind the Markets[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsHow Biden has already won 2024Porter & CompanyA once-in-a-century investment opportunityStansberry ResearchCharles Payne Demystifies OptionsUnstoppable Prosperity 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. 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