Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
122.73
+15.44 (14.39%)
At close: Mar 11, 2025, 4:00 PM
124.45
+1.72 (1.40%)
After-hours: Mar 11, 2025, 7:59 PM EST

Reddit Statistics

Total Valuation

Reddit has a market cap or net worth of $22.20 billion. The enterprise value is $20.39 billion.

Market Cap 22.20B
Enterprise Value 20.39B

Important Dates

The last earnings date was Wednesday, February 12, 2025, after market close.

Earnings Date Feb 12, 2025
Ex-Dividend Date n/a

Share Statistics

Reddit has 180.90 million shares outstanding. The number of shares has increased by 145.99% in one year.

Current Share Class 125.53M
Shares Outstanding 180.90M
Shares Change (YoY) +145.99%
Shares Change (QoQ) +3.50%
Owned by Insiders (%) 4.26%
Owned by Institutions (%) 61.45%
Float 85.15M

Valuation Ratios

PE Ratio n/a
Forward PE 107.97
PS Ratio 13.73
Forward PS 12.05
PB Ratio 10.39
P/TBV Ratio 10.76
P/FCF Ratio 102.87
P/OCF Ratio 99.98
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 15.68
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF 94.47

Financial Position

The company has a current ratio of 12.63, with a Debt / Equity ratio of 0.01.

Current Ratio 12.63
Quick Ratio 12.54
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF 0.12
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -27.12% and return on invested capital (ROIC) is -19.34%.

Return on Equity (ROE) -27.12%
Return on Assets (ROA) -17.82%
Return on Invested Capital (ROIC) -19.34%
Return on Capital Employed (ROCE) -25.95%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.66
Inventory Turnover n/a

Taxes

Income Tax -931,000
Effective Tax Rate n/a

Stock Price Statistics

Beta (5Y) n/a
52-Week Price Change n/a
50-Day Moving Average 179.05
200-Day Moving Average 108.36
Relative Strength Index (RSI) 32.12
Average Volume (20 Days) 9,479,159

Short Selling Information

The latest short interest is 15.33 million, so 8.47% of the outstanding shares have been sold short.

Short Interest 15.33M
Short Previous Month 18.55M
Short % of Shares Out 8.47%
Short % of Float 18.00%
Short Ratio (days to cover) 2.60

Income Statement

In the last 12 months, Reddit had revenue of $1.30 billion and -$484.28 million in losses. Loss per share was -$3.33.

Revenue 1.30B
Gross Profit 1.18B
Operating Income -560.57M
Pretax Income n/a
Net Income -484.28M
EBITDA -544.93M
EBIT -560.57M
Loss Per Share -$3.33
Full Income Statement

Balance Sheet

The company has $1.84 billion in cash and $26.70 million in debt, giving a net cash position of $1.81 billion or $10.03 per share.

Cash & Cash Equivalents 1.84B
Total Debt 26.70M
Net Cash 1.81B
Net Cash Per Share $10.03
Equity (Book Value) 2.13B
Book Value Per Share 11.82
Working Capital 2.05B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $222.07 million and capital expenditures -$6.25 million, giving a free cash flow of $215.82 million.

Operating Cash Flow 222.07M
Capital Expenditures -6.25M
Free Cash Flow 215.82M
FCF Per Share $1.19
Full Cash Flow Statement

Margins

Gross margin is 90.49%, with operating and profit margins of -43.11% and -37.25%.

Gross Margin 90.49%
Operating Margin -43.11%
Pretax Margin -37.32%
Profit Margin -37.25%
EBITDA Margin -41.91%
EBIT Margin -43.11%
FCF Margin 16.60%

Dividends & Yields

Reddit does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -145.99%
Shareholder Yield -145.99%
Earnings Yield -2.18%
FCF Yield 0.97%

Analyst Forecast

The average price target for Reddit is $172.41, which is 40.48% higher than the current price. The consensus rating is "Buy".

Price Target $172.41
Price Target Difference 40.48%
Analyst Consensus Buy
Analyst Count 23
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Reddit has an Altman Z-Score of 38.85 and a Piotroski F-Score of 5.

Altman Z-Score 38.85
Piotroski F-Score 5