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RDDT Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
162.900
Open
162.620
VWAP
157.97
Vol
5.78M
Mkt Cap
29.99B
Low
155.210
Amount
912.90M
EV/EBITDA(TTM)
45.19
Total Shares
192.51M
EV
28.80B
EV/OCF(TTM)
32.89
P/S(TTM)
13.39
Reddit, Inc. operates a social platform, Reddit. Reddit is a community of communities. It is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. It has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
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Events Timeline

(ET)
2026-05-06
16:40:00
Major U.S. Indices Surge, Nasdaq Up 2.02%
select
2026-05-06
12:00:00
U.S. and Iran Near Agreement, Markets Broadly Higher
select
2026-05-01 (ET)
2026-05-01
16:10:00
Apple Raises Quarterly Dividend and Announces $100B Stock Buyback
select
2026-05-01
12:00:00
Apple Reports Strong Earnings, Raises Dividend and Announces $100B Buyback
select
2026-05-01
09:00:00
Apple Stock Rises 3% Driven by Strong Earnings
select

News

Newsfilter
9.5
05-06Newsfilter
Snap Reports Q1 Earnings Below Expectations, Lays Off 16% of Workforce
  • Disappointing Earnings: Snap reported a Q1 loss of 5 cents per share with revenue matching expectations at $1.53 billion, and despite a 5% increase in daily active users to 483 million, the overall performance fell short of market expectations, leading to a 4% drop in after-hours trading.
  • Layoffs and Transformation: The company announced it would lay off about 16% of its workforce and halt hiring for 300 open positions, indicating its commitment to an 'AI-driven transformation' while reflecting the challenges in the current advertising market.
  • Cautious Sales Guidance: Snap expects Q2 revenue to range between $1.52 billion and $1.55 billion, with the midpoint aligning with analyst estimates, but the company has made it clear that it will no longer rely on the partnership with Perplexity, highlighting uncertainties in future growth.
  • Advertising Growth Headwinds: Although Q1 revenue rose 12% year-over-year, Snap noted that large advertisers in North America remain a headwind to advertising growth, and while some signs of improvement are emerging, the overall market environment remains challenging.
stocktwits
9.5
05-04stocktwits
Pinterest Q1 Revenue and Earnings Beat Estimates, Stock Surges 17%
  • Earnings Beat: Pinterest reported adjusted earnings per share of $0.27 for Q1, exceeding analyst expectations of $0.23, with revenue reaching $1.01 billion, surpassing the consensus estimate of $965.44 million and reflecting an 18% year-over-year growth, indicating strong performance in advertising revenue.
  • Strong User Growth: The platform's global monthly active users increased by 11% year-over-year to 631 million, marking the tenth consecutive quarter of double-digit user expansion, suggesting a recovery in competitiveness against Meta, particularly driven by investments in AI.
  • Positive Market Outlook: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, representing a year-over-year growth of 14% to 16%, which exceeds market expectations of $1.12 billion, demonstrating management's confidence in future growth.
  • Increased Investor Support: The company recently secured a $1 billion strategic investment from activist investor Elliot, which backs its AI spending and monetization plans, further bolstering market confidence in its future development.
CNBC
9.5
05-04CNBC
Pinterest Q1 Earnings Beat Expectations, Shares Surge
  • Earnings Surprise: Pinterest reported adjusted earnings per share of 27 cents for Q1, exceeding the expected 23 cents, with revenue hitting $1.01 billion, surpassing the $966 million forecast, indicating robust market performance.
  • Significant User Growth: The global monthly active users increased by 11% year-over-year to 631 million, aligning with analyst estimates, suggesting a growing user base that will support future advertising revenue growth.
  • Strong EBIDTA Performance: The adjusted EBIDTA for Q1 was $207 million, exceeding the $176 million expected by analysts, reflecting improvements in cost control and operational efficiency, which bolstered investor confidence.
  • Strategic Acquisition Execution: Pinterest completed its acquisition of tvScientific for approximately $465.1 million, aimed at enhancing its capabilities in connected TV advertising analytics, thereby improving ad effectiveness and strengthening market competitiveness.
Newsfilter
9.5
05-04Newsfilter
Pinterest Forecasts Q2 Revenue Above Estimates Amid AI Integration
  • Revenue Forecast Boost: Pinterest expects Q2 revenue to range between $1.13 billion and $1.15 billion, surpassing analysts' estimates of $1.11 billion, indicating a positive trend in stable advertising spending and enhancing the company's competitive position in the ad market.
  • Significant Stock Surge: Shares of Pinterest jumped 16% in after-hours trading, reflecting investor confidence in the company's enhanced AI advertising products, which may attract more advertisers and further drive revenue growth.
  • User Growth Notable: As of Q1, Pinterest reported 631 million global monthly active users, a significant increase from 570 million last year, indicating that its core product remains appealing to consumers seeking inspiration across various interests.
  • AI Investment Yielding Results: Pinterest's increased investment in AI, including enhancements to its Performance+ ad suite for automating ad creation and improving personalized targeting, is beginning to show results, helping the company maintain growth in a highly competitive online advertising landscape.
Newsfilter
9.5
05-04Newsfilter
Pinterest Reports Strong Q1 Earnings, Raises Q2 Revenue Guidance
  • Strong Earnings Beat: Pinterest's Q1 adjusted earnings per share reached 27 cents, surpassing the 23 cents expected by analysts, with revenue hitting $1.01 billion, exceeding the $966 million forecast, indicating robust market performance.
  • Significant User Growth: The company reported an 11% year-over-year increase in global monthly active users to 631 million, aligning with analyst estimates, demonstrating ongoing improvements in user engagement and market penetration.
  • Optimistic Future Guidance: Pinterest anticipates Q2 revenue between $1.13 billion and $1.15 billion, higher than Wall Street's $1.11 billion projection, while EBIDTA is expected to range from $256 million to $276 million, reflecting strong profitability prospects.
  • Strategic Transformation: The company plans to cut nearly 15% of its workforce and reduce office space to allocate more resources to artificial intelligence, aiming to enhance operational efficiency and competitive positioning, highlighting its commitment to future technological advancements.
Yahoo Finance
9.5
05-03Yahoo Finance
Jim Cramer Highlights Reddit as a Winner in AI Infrastructure Buildout
  • Strong Earnings Report: Reddit's recent earnings report revealed robust management guidance for the current quarter, despite a 36% year-to-date stock decline, indicating solid fundamentals that may attract investor interest.
  • AI Training Database: Cramer highlighted Reddit's role as a database of human conversations on the internet, which is crucial for training AI models, underscoring its strategic value and market potential in the AI sector.
  • Capital Expenditure Advantage: Unlike other major tech companies, Reddit has not engaged in massive capital spending for AI infrastructure, allowing for greater resource allocation flexibility, which enhances profitability and market competitiveness.
  • Positive Market Reaction: The stock surged significantly in after-hours trading, reflecting market recognition of its future growth potential and further solidifying Cramer's bullish outlook on the company.
Wall Street analysts forecast RDDT stock price to rise
22 Analyst Rating
Wall Street analysts forecast RDDT stock price to rise
14 Buy
8 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
207.00
Averages
260.00
High
325.00
Current: 0.000
sliders
Low
207.00
Averages
260.00
High
325.00
Phillip Securities
Buy
to
Accumulate
downgrade
$240 -> $200
AI Analysis
2026-05-06
New
Reason
Phillip Securities
Price Target
$240 -> $200
AI Analysis
2026-05-06
New
downgrade
Buy
to
Accumulate
Reason
Phillip Securities downgraded Reddit to Accumulate from Buy with a price target of $200, down from $240. The company's Q1 results came in below the firm's expectations. It believes Reddit is transitioning towards a "more normalized" advertising growth trajectory following the initial post-initial public offering surge.
Truist
Youssef Squali
Buy
maintain
$260 -> $265
2026-05-01
Reason
Truist
Youssef Squali
Price Target
$260 -> $265
2026-05-01
maintain
Buy
Reason
Truist analyst Youssef Squali raised the firm's price target on Reddit to $265 from $260 and keeps a Buy rating on the shares. The company reported a strong Q1 earnings beat and a Q2 guide exceeding estimates, with results driven by broad-based strength in ad demand across verticals, geographies, and channels, fueled by accelerating average revenue per user growth, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RDDT
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Valuation Metrics

The current forward P/E ratio for Reddit Inc (RDDT.N) is 38.91, compared to its 5-year average forward P/E of 51.68. For a more detailed relative valuation and DCF analysis to assess Reddit Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
51.68
Current PE
38.91
Overvalued PE
207.73
Undervalued PE
-104.36

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
42.00
Current EV/EBITDA
26.39
Overvalued EV/EBITDA
55.96
Undervalued EV/EBITDA
28.04

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
11.68
Current PS
7.59
Overvalued PS
16.17
Undervalued PS
7.19

Financials

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Whales Holding RDDT

W
Wt Asset Management Ltd
Holding
RDDT
+38.83%
3M Return
S
Summit Partners Public Asset Management, LLC
Holding
RDDT
+29.34%
3M Return
S
Scopus Asset Management, L.P.
Holding
RDDT
+21.88%
3M Return
C
Capula Management Ltd
Holding
RDDT
+20.27%
3M Return
B
BIT Capital GmbH
Holding
RDDT
+20.15%
3M Return
C
Cookson Peirce & Co Inc
Holding
RDDT
+16.45%
3M Return

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Frequently Asked Questions

What is Reddit Inc (RDDT) stock price today?

The current price of RDDT is 155.8 USD — it has decreased -4.97

What is Reddit Inc (RDDT)'s business?

Reddit, Inc. operates a social platform, Reddit. Reddit is a community of communities. It is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. It has approximately 100,000+ active communities and approximately 101+ million daily active visitors.

What is the price predicton of RDDT Stock?

Wall Street analysts forecast RDDT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RDDT is260.00 USD with a low forecast of 207.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Reddit Inc (RDDT)'s revenue for the last quarter?

Reddit Inc revenue for the last quarter amounts to 663.41M USD, increased 69.08

What is Reddit Inc (RDDT)'s earnings per share (EPS) for the last quarter?

Reddit Inc. EPS for the last quarter amounts to 1.01 USD, increased 676.92

How many employees does Reddit Inc (RDDT). have?

Reddit Inc (RDDT) has 2555 emplpoyees as of May 09 2026.

What is Reddit Inc (RDDT) market cap?

Today RDDT has the market capitalization of 29.99B USD.