RDDT 📈 Reddit - Overview
Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US75734B1008
RDDT: Social Media, Online Forums, Discussion Platforms, Content Sharing
Reddit, Inc., a company listed on the New York Stock Exchange under the ticker symbol RDDT, is a platform that facilitates the creation and management of digital communities centered around specific topics and interests. These communities, known as subreddits, allow users to interact with one another by sharing personal anecdotes, submitting relevant links, uploading multimedia content such as images and videos, and engaging in discussions through a commenting system. This setup enables users to connect with others who share similar passions, hobbies, or concerns, thereby fostering a sense of belonging and community.
The company, founded in 2005, has its headquarters in San Francisco, California, a hub for technology and innovation. Over the years, Reddit has grown to become one of the most popular websites globally, known for its diverse range of content and discussions. Users can access the platform through its website, available at https://www.redditinc.com, and engage with the vast array of communities it hosts. With its international securities identification number (ISIN) being US75734B1008, Reddit, Inc. issues common stock, categorizing it under the GICS Sub Industry of Interactive Media & Services, reflecting its role in providing a dynamic, user-driven media platform.
As a key player in the interactive media and services sector, Reddit, Inc. continues to evolve, incorporating new features and technologies to enhance user experience and expand its community reach. The platform's ability to adapt to changing user preferences and technological advancements has been crucial to its success, making it a significant entity in the digital media landscape. With its foundation in community building and content sharing, Reddit, Inc. remains a vital outlet for discussion, information exchange, and social interaction, catering to a wide range of interests and demographics.
Additional Sources for RDDT Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
RDDT Stock Overview
Market Cap in USD | 19,250m |
Sector | Communication Services |
Industry | Internet Content & Information |
GiC Sub-Industry | Interactive Media & Services |
IPO / Inception | 2024-03-21 |
RDDT Stock Ratings
Growth 5y | 71.9% |
Fundamental | -7.75% |
Dividend | - |
Rel. Strength Industry | 1681 |
Analysts | 4/5 |
Fair Price Momentum | 165.14 USD |
Fair Price DCF | 14.69 USD |
RDDT Dividends
No Dividends PaidRDDT Growth Ratios
Growth Correlation 3m | 98.5% |
Growth Correlation 12m | 84.2% |
Growth Correlation 5y | 84.2% |
CAGR 5y | 402.09% |
CAGR/Mean DD 5y | 30.95 |
Sharpe Ratio 12m | 2.10 |
Alpha | 339.33 |
Beta | 2.71 |
Volatility | 66.31% |
Current Volume | 7057.9k |
Average Volume 20d | 7428.4k |
As of December 22, 2024, the stock is trading at USD 170.71 with a total of 7,057,944 shares traded.
Over the past week, the price has changed by +0.13%, over one month by +19.36%, over three months by +153.59% and over the past year by +381.53%.
Neither. Based on ValueRay Fundamental Analyses, Reddit is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -7.75 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of RDDT as of December 2024 is 165.14. This means that RDDT is currently overvalued and has a potential downside of -3.26%.
Reddit has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy RDDT.
- Strong Buy: 7
- Buy: 5
- Hold: 5
- Sell: 1
- Strong Sell: 0
According to ValueRays Forecast Model, RDDT Reddit will be worth about 193.9 in December 2025. The stock is currently trading at 170.71. This means that the stock has a potential upside of +13.61%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 76.8 | -55% |
Analysts Target Price | 49 | -71.3% |
ValueRay Target Price | 193.9 | 13.6% |