Reddit Statistics

Total Valuation

Reddit has a market cap or net worth of $27.00 billion. The enterprise value is $22.21 billion.

Market Cap	27.00B
Enterprise Value	22.21B

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date	Oct 29, 2024
Ex-Dividend Date	n/a

Share Statistics

Reddit has 175.58 million shares outstanding. The number of shares has increased by 86.53% in one year.

Current Share Class	119.73M
Shares Outstanding	175.58M
Shares Change (YoY)	+86.53%
Shares Change (QoQ)	+17.00%
Owned by Insiders (%)	4.56%
Owned by Institutions (%)	48.69%
Float	78.87M

Valuation Ratios

PE Ratio	n/a
Forward PE	327.29
PS Ratio	14.12
Forward PS	19.79
PB Ratio	12.00
P/TBV Ratio	13.87
P/FCF Ratio	252.86
P/OCF Ratio	230.79
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	19.79
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	212.25

Financial Position

The company has a current ratio of 11.96, with a Debt / Equity ratio of 0.01.

Current Ratio	11.96
Quick Ratio	11.83
Debt / Equity	0.01
Debt / EBITDA	n/a
Debt / FCF	0.26
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is -31.80% and return on invested capital (ROIC) is -22.25%.

Return on Equity (ROE)	-31.80%
Return on Assets (ROA)	-20.47%
Return on Capital (ROIC)	-22.25%
Revenue Per Employee	$557,500
Profits Per Employee	-$266,656
Employee Count	2,013
Asset Turnover	0.60
Inventory Turnover	n/a

Taxes

In the past 12 months, Reddit has paid $1.06 million in taxes.

Income Tax	1.06M
Effective Tax Rate	n/a

Stock Price Statistics

Beta (5Y)	n/a
52-Week Price Change	n/a
50-Day Moving Average	90.20
200-Day Moving Average	n/a
Relative Strength Index (RSI)	77.43
Average Volume (20 Days)	8,711,277

Short Selling Information

The latest short interest is 7.11 million, so 4.05% of the outstanding shares have been sold short.

Short Interest	7.11M
Short Previous Month	5.23M
Short % of Shares Out	4.05%
Short % of Float	9.02%
Short Ratio (days to cover)	1.61

Income Statement

In the last 12 months, Reddit had revenue of $1.12 billion and -$536.78 million in losses. Loss per share was -$4.62.

Revenue	1.12B
Gross Profit	1.00B
Operating Income	-610.43M
Pretax Income	n/a
Net Income	-536.78M
EBITDA	-595.19M
EBIT	-610.43M
Loss Per Share	-$4.62

Full Income Statement

Balance Sheet

The company has $1.74 billion in cash and $26.97 million in debt, giving a net cash position of $1.72 billion or $9.78 per share.

Cash & Cash Equivalents	1.74B
Total Debt	26.97M
Net Cash	1.72B
Net Cash Per Share	$9.78
Equity (Book Value)	1.98B
Book Value Per Share	11.36
Working Capital	1.89B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $114.64 million and capital expenditures -$10.01 million, giving a free cash flow of $104.63 million.

Operating Cash Flow	114.64M
Capital Expenditures	-10.01M
Free Cash Flow	104.63M
FCF Per Share	$0.60

Full Cash Flow Statement

Margins

Gross margin is 89.25%, with operating and profit margins of -54.39% and -47.83%.

Gross Margin	89.25%
Operating Margin	-54.39%
Pretax Margin	-47.74%
Profit Margin	-47.83%
EBITDA Margin	-53.04%
EBIT Margin	-54.39%
FCF Margin	n/a

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	-86.53%
Shareholder Yield	-86.53%
Earnings Yield	-2.03%
FCF Yield	0.40%

Analyst Forecast

The average price target for Reddit is $92.84, which is -39.62% lower than the current price. The consensus rating is "Buy".

Price Target	$92.84
Price Target Difference	-39.62%
Analyst Consensus	Buy
Analyst Count	19
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 28.79 and a Piotroski F-Score of 5.

Altman Z-Score	28.79
Piotroski F-Score	5