Reddit, Inc. (RDDT)
| Market Cap | 29.49B -27.8% |
| Revenue (ttm) | 2.78B +66.6% |
| Net Income | 871.10M +302.6% |
| EPS | 4.29 +269.5% |
| Shares Out | 192.40M |
| PE Ratio | 35.73 |
| Forward PE | 25.36 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,554,893 |
| Open | 151.79 |
| Previous Close | 150.31 |
| Day's Range | 150.04 - 155.30 |
| 52-Week Range | 119.27 - 282.95 |
| Beta | 2.03 |
| Analysts | Buy |
| Price Target | 214.84 (+40.15%) |
| Earnings Date | Jul 30, 2026 |
About RDDT
Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also 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. Reddit, Inc. was founded in 2005 and is headquartered in... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 33 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price target is $214.84, which is an increase of 40.15% from the latest price.
News
Reddit price target lowered to $210 from $240 at Morgan Stanley
Morgan Stanley analyst Brian Nowak lowered the firm’s price target on Reddit (RDDT) to $210 from $240 and keeps an Overweight rating on the shares. Revenue and EPS continue to…
Reddit Stock (RDDT) Can Grow Earnings Fast Enough to Justify Its Valuation
Reddit ($RDDT) can grow earnings fast enough to justify its valuation, even after the stock’s sharp swings following Q2, in my view. Shares plunged about 21% after Q2, despite a…
Reddit’s (RDDT) Index Inclusion Still Keeps Me Neutral on the Stock
Reddit, Inc. ($RDDT) stock jumped 13% on August 14 as investors cheered the news of its upcoming S&P 500 (SPX) inclusion. Yet this does not alter my neutral stance. While…
Reddit Stock Falls Ahead of Joining the S&P 500
The social-media platform will become a member of the benchmark index before the market opens.
Reddit Stock (RDDT) Declines 8% on Monday – Here’s Why
Reddit ($RDDT) stock dropped about 8% on Monday as investors locked in gains following the stock’s strong 12.6% rally on Friday. The drop comes just ahead of Reddit officially joining…
Reddit begins testing a new audio and video experience, similar to popular TikTok videos
Reddit recently said it would bring most viral stories to life through a new “video Reddit” experience, allowing users to listen to Reddit posts in the background while doing other tasks and activitie...
Reddit price target raised to $205 from $200 at Raymond James
Raymond James raised the firm’s price target on Reddit (RDDT) to $205 from $200 and keeps a Strong Buy rating on the shares. The firm’s outlook for Reddit is mixed,…
Reddit to replace AvalonBay in S&P 500 at open on 8/18
S&P 500 constituent Equity Residential (EQR) is acquiring AvalonBay Communities (AVB) in a deal expected to be completed soon, pending final conditions. Post merger, the combined company will be renam...
Reddit spikes 8% after admission into S&P 500 index
17:18 EDT Reddit (RDDT) spikes 8% after admission into S&P 500 index
Closing Bell Movers: S&P500 swaps a REIT for Reddit
The major averages closed broadly higher as oil prices fell and investors digested softer-than-feared inflation data and another slate of corporate earnings reports. Communication services was the bes...
Reddit to be added to S&P 500 Index on August 18th
Reddit (RDDT) will join the S&P 500 index, effective prior to market open on Tuesday, August 18th. “We’re proud to be added to the S&P 500, recognizing the growth, momentum,…
Reddit is joining the S&P 500. Here's why that matters, and why the stock price is surging on the news
Shares in Reddit, Inc. (NYSE: RDDT) are surging in premarket trading this morning after S&P Dow Jones Indices announced that the social media platform will join its prestigious S&P 500 Index.
Andrew Arons Picks ORCL, MRVL & RDDT for 2H26 Amid Tech Rebound
Andrew Arons sees a strong second half of 2026, pointing to stocks and economic data heading into the right direction despite mixed reaction to some earnings. However, he notes previous selling action...
Reddit Joins The S&P 500 Next Week—Here's What That Means For Shares
Tesla shares surged 60% between the announcement of its S&P 500 inclusion and its addition to the index in December 2020, marking one of the largest inclusion-driven rallies on record, according to Ch...
Social Media Giant Reddit Is Set to Join the S&P 500 Soon. Its Stock Is Soaring
Reddit stock is getting a much-needed boost on its admission into a major index.
As AI Rewrites Search for Marketers, Reddit Fights to Stay the Same
Plus, Flock moves to calm a backlash over its license-plate scanners and Instagram gets a new wordmark.
Reddit Will Be Added to the S&P 500
SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT) will join the S&P 500 index, effective prior to market open on Tuesday, August 18th. Its addition to the S&P 500 underscores Reddit's value, s...
Market "Optimism" Returns, SNDK & RDDT Rally While AMAT Falls on Earnings
"Optimism has returned to markets," says Tom White, though he believes it won't come without volatility. Constant conflicting headlines out of the Strait of Hormuz serve as a lingering headwind for eq...
Brands Suddenly Care About Reddit. Redditors Don't Return the Feeling.
Reddit has moved from marketers' periphery to the core as they try to influence large language models and consumer choices.
Sandisk, Reddit, Applied Materials, and More Stocks That Explain Today's Market
Reddit rallies with the social-media platform set to join the S&P 500, while Applied Materials dips after earnings fail to wow investors.
Reddit surges on S&P 500 inclusion, set to replace AvalonBay
Reddit shares jumped more than 11% on Friday after the S&P Dow Jones Indices said the social media platform would join the benchmark S&P 500 index, replacing AvalonBay Communities.
Reddit stock surges on S&P 500 inclusion, but Google search referral woes remain
Reddit shares climbed nearly 13% in extended trading on Friday after S&P Dow Jones Indices announced that the social media platform will join the S&P 500, marking a significant milestone for the compa...
Reddit is joining the S&P 500 after months of speculation. Analysts have these concerns.
After past snubs, social-media site Reddit has landed a spot on the S&P 500, sending shares on an after-hours rally Thursday.