How to Buy Reddit Stock
Reddit Inc
Reddit is a internet content & information company located in California, United States, which is part of the Communication Services sector, and is traded under the ticker RDDT on the NYSE exchange.
Reddit stock last closed at $157.03, down 2.33% from the previous day, and has increased 110.64% in one year. It has overperformed other stocks in the Internet Content & Information industry by 1.61 percentage points. Reddit stock is currently +219.62% from its 52-week low of $49.13, and -31.85% from its 52-week high of $230.41.
There are currently 184.52M shares of RDDT outstanding. The market capitalization of RDDT is $28.98B. In the past 24 hours, 4.04M RDDT shares were traded.
How to Buy Reddit Stock
Wondering how to invest in Reddit stock? Here's how.
- Decide where to buy Reddit stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Reddit stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your details.
- Research Reddit stock: The Reddit ticker symbol is RDDT. Is Reddit stock a good investment? Should you buy shares of RDDT? How do RDDT's underlying business fundamentals look? Do top analysts think Reddit is a good buy? Why has RDDT's stock price moved recently? (Hint: Our stock market research tools can help you understand if RDDT is a good stock to buy).
- Place your RDDT buy order: Decide if you will purchase RDDT shares at the current market price or use a limit order to purchase RDDT shares at a specific price.
- Get updates on your investment in RDDT: Create a watchlist to watch your position in Reddit stock.
Step 1: Decide where to buy Reddit stock
You will need a brokerage account to access the NYSE market and buy RDDT stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal details so you are able to invest in RDDT today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on investing apps, you can securely and quickly fund your account:
Check out the video below if you need help transferring money into your new brokerage account.
Step 4: Research Reddit stock
After you have decided on the best place to buy Reddit stock, it's critical to analyze their stock prior to investing, so you actually understand the risk as well as the upside.
Reddit Metrics
RDDT Overview
WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RDDT's stock page.
How is RDDT stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge RDDT's fair value.
Using relative valuations methods:
- RDDT could be overvalued based on its P/E ratio of 149.55x, relative to Internet Content & Information industry P/E ratio of 28.81x
- RDDT could be overvalued based on its P/B ratio of 13.07x, relative to Internet Content & Information industry P/B ratio of 6.88x
- RDDT could be overvalued based on its PEG ratio of 3.38x
You can do more valuation research on RDDT's stock here.
RDDT Financial Health Overview
Signs that RDDT is financially healthy:
- RDDT has a low debt to equity ratio of 0.1.
- RDDT profit margin has gone up from -68.5% to 8.1% in the past year.
- There are more short-term assets than short-term liabilities on the RDDT balance sheet.
- There are more short-term assets than long-term liabilities on the RDDT balance sheet.
- RDDT's operating cash flow of $317.58M allows it to safely service it's debt of $26.55M.
- RDDT earnings of $113.93M is not enough to cover its interest payments.
Is Reddit stock a Buy, Hold, or Sell, according to analysts?
Out of 22 sell side analysts who give ratings on RDDT, the consensus analyst rating on Reddit is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Latest RDDT Analyst Upgrades/Downgrades
Colin Sebastian, a top 3% analyst from Baird maintains RDDT with a hold rating and lowers their RDDT price target from $140.00 to $120.00, on May 21, 2025.
Baird's Colin Sebastian lowered their price target on Reddit (NYSE: RDDT) by 14.3% from $140 to $120 on 2025/05/21. The analyst maintained their Hold rating on the stock.
Sebastian told readers they revised their estimates and price target because Google's "AI Mode" is expected to put downward pressure on Reddit's user growth.
Aaron Kessler, a top 11% analyst from Seaport Global upgrades RDDT to a buy rating and announces their RDDT price target of $165.00, on May 5, 2025.
Rohit Kulkarni, a top 1% analyst from Roth MKM maintains RDDT with a hold rating and raises their RDDT price target from $120.00 to $130.00, on May 2, 2025.
Eric Sheridan, a top 2% analyst from Goldman Sachs maintains RDDT with a hold rating and raises their RDDT price target from $124.00 to $140.00, on May 2, 2025.
Naved Khan, a top 8% analyst from B. Riley Securities reiterates RDDT with a strong buy rating and lowers their RDDT price target from $222.00 to $220.00, on May 2, 2025.
You can dive deeper into what analysts are forecasting on the Reddit stock forecast page.
RDDT Trading Indicators
RDDT Growth Numbers
Last year, RDDT revenue was $1.45B. During the past one years, RDDT's revenue has grown by 64.12% per year. This was faster than the Internet Content & Information industry average of 17.81%.
Find out more about RDDT's earnings and revenue performance here.
Who is buying/selling RDDT?
Over the past year, insiders at RDDT have sold more shares than they have bought.
Steve Ladd Huffman, CEO President of RDDT, was the latest RDDT insider to sell. They sold $88,981.62 worth of RDDT shares on Jun 30, 2025.
Dig into more about who owns RDDT shares here.
Can I rely on RDDT as an income stream?
No, Reddit doesn't provide an income stream by paying out dividends.
What others are saying about RDDT
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your RDDT buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, place a limit order.
Hit the Open button and your broker will place the order.
If you require additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in RDDT
Now that you own some RDDT shares, you'll want to stay up-to-date on your new company.
Put RDDT on a watchlist to track your RDDT stock.
RDDT Feed
How to Buy Stock in Reddit
To reiterate, here are the 6 steps for buying Reddit stock:
- Decide where to buy Reddit stock
- Create your brokerage account
- Put funds into your brokerage account
- Research Reddit stock
- Place your RDDT buy order
- Get updates on your investment in RDDT
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Reddit, hit the button below to create your watchlist.
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