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 $118.18, up 1.7% from the previous day, and has increased 84.77% in one year. It has overperformed other stocks in the Internet Content & Information industry by 1.49 percentage points. Reddit stock is currently +140.55% from its 52-week low of $49.13, and -48.71% from its 52-week high of $230.41.
There are currently 184.52M shares of RDDT outstanding. The market capitalization of RDDT is $21.81B. In the past 24 hours, 6.5M RDDT shares were traded.
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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.
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.
You can use a variety of different financial metrics, analyses, models, and charts to gauge RDDT's fair value.
Using relative valuations methods:
You can do more valuation research on RDDT's stock here.
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.
Ronald Josey, a top 3% analyst from Citigroup maintains RDDT with a strong buy rating and raises their RDDT price target from $150.00 to $158.00, on May 2, 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 1% 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.
Michael Morris, a top 4% analyst from Guggenheim maintains RDDT with a strong buy rating and lowers their RDDT price target from $170.00 to $165.00, 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.
B. Riley Securities's Naved Khan lowered their price target on Reddit (NYSE: RDDT) by 0.9% from $222 to $220 on 2025/05/02. The analyst reiterated their Strong Buy rating on the stock.
Reddit reported its Q1 2025 earnings.
Khan summarized the quarter as "solid, consensus-beating results supported by management offering Q2 guidance well above expectations.
The print showed Reddit's continued strong momentum in its core advertising business in spite of "bumpy" Search referral traffic, the analyst continued.
Looking ahead, Khan told readers that B. Riley Securities believes Reddit is still in the early innings of revenue growth and margin expansion.
For Q1 2025, Reddit reported:
For Q2 2025, management guided:
CEO Steve Huffman commented: “Over 400 million people now come to Reddit each week—because when you want real opinions, you turn to real people
“20 years in, I have never been more excited about Reddit’s future than I am now.
"We’re growing and building a more valuable platform for community and human perspective.”
You can dive deeper into what analysts are forecasting on the Reddit stock forecast page.
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 17.72%.
Find out more about RDDT's earnings and revenue performance here.
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 $167,671.96 worth of RDDT shares on May 30, 2025.
Dig into more about who owns RDDT shares here.
No, Reddit doesn't provide an income stream by paying out dividends.
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