Reddit, Inc. (RDDT)
NYSE: RDDT · IEX Real-Time Price · USD
49.50
-1.90 (-3.70%)
May 9, 2024, 1:35 PM EDT - Market open

Reddit Statistics

Total Valuation

Reddit has a market cap or net worth of $7.90 billion. The enterprise value is $6.26 billion.

Market Cap 7.90B
Enterprise Value 6.26B

Important Dates

The last earnings date was Tuesday, May 7, 2024, after market close.

Earnings Date May 7, 2024
Ex-Dividend Date n/a

Share Statistics

Reddit has 159.24 million shares outstanding.

Shares Outstanding 159.24M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) 31.85%
Owned by Institutions (%) 19.77%
Float n/a

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 8.95
Forward PS 17.77
PB Ratio 4.30
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 7.09
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 12.27, with a Debt / Equity ratio of 0.01.

Current Ratio 12.27
Quick Ratio 12.05
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on Equity (ROE) n/a
Return on Assets (ROA) n/a
Return on Capital (ROIC) n/a
Revenue Per Employee $438,774
Profits Per Employee -$300,558
Employee Count 2,013
Asset Turnover n/a
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

Beta (1Y) n/a
52-Week Price Change n/a
50-Day Moving Average n/a
200-Day Moving Average n/a
Relative Strength Index (RSI) 56.11
Average Volume (30 Days) 6,364,248

Short Selling Information

The latest short interest is 3.82 million, so 2.40% of the outstanding shares have been sold short.

Short Interest 3.82M
Short Previous Month n/a
Short % of Shares Out 2.40%
Short % of Float n/a
Short Ratio (days to cover) 0.15

Income Statement

In the last 12 months, Reddit had revenue of $883.25 million and -$605.02 million in losses. Loss per share was -$3.80.

Revenue 883.25M
Gross Profit n/a
Operating Income n/a
Pretax Income n/a
Net Income -605.02M
EBITDA n/a
EBIT n/a
Loss Per Share -$3.80
Full Income Statement

Balance Sheet

The company has $1.67 billion in cash and $25.22 million in debt, giving a net cash position of $1.65 billion or $10.33 per share.

Cash & Cash Equivalents 1.67B
Total Debt 25.22M
Net Cash 1.65B
Net Cash Per Share $10.33
Equity / Book Value 1.84B
Book Value Per Share 11.54
Working Capital 1.76B
Full Balance Sheet

Cash Flow

Operating Cash Flow n/a
Capital Expenditures n/a
Free Cash Flow n/a
FCF Per Share n/a
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin n/a
Pretax Margin n/a
Profit Margin -68.50%
EBITDA Margin n/a
EBIT Margin n/a
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 n/a
Shareholder Yield n/a
Earnings Yield -7.65%
FCF Yield n/a

Analyst Forecast

The average price target for Reddit is $54.87, which is 10.56% higher than the current price. The consensus rating is "Buy".

Price Target $54.87
Price Target Difference 10.56%
Analyst Consensus Buy
Analyst Count 15
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

Altman Z-Score n/a
Piotroski F-Score n/a