Reddit, Inc. (RDDT)
Market Cap | 30.78B |
Revenue (ttm) | 1.12B |
Net Income (ttm) | -536.78M |
Shares Out | 175.58M |
EPS (ttm) | -4.62 |
PE Ratio | n/a |
Forward PE | 63.24 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 3,244,052 |
Open | 178.28 |
Previous Close | 174.87 |
Day's Range | 172.15 - 179.87 |
52-Week Range | 37.35 - 187.69 |
Beta | n/a |
Analysts | Buy |
Price Target | 145.19 (-17.19%) |
Earnings Date | Feb 12, 2025 |
About 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]
Financial Performance
In 2023, Reddit's revenue was $804.03 million, an increase of 20.60% compared to the previous year's $666.70 million. Losses were -$90.82 million, -42.72% less than in 2022.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price forecast is $145.19, which is a decrease of -17.19% from the latest price.
News
Reddit to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 12, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, Febr...
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