Financhill
Buy
54

RDDT Quote, Financials, Valuation and Earnings

Last price:
$173.50
Seasonality move :
--
Day range:
$174.77 - $182.20
52-week range:
$37.35 - $182.20
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
23.07x
P/B ratio:
15.69x
Volume:
2.4M
Avg. volume:
6.6M
1-year change:
--
Market cap:
$31B
Revenue:
$804M
EPS (TTM):
-$7.97

Analysts' Opinion

  • Consensus Rating
    Reddit has received a consensus rating of Buy. The company's average rating is a Buy based on 8 Buy ratings, 5 Hold ratings, and 0 Sell ratings.
  • Price Target Downside
    According to analysts' consensus price target of $146.32, Reddit has an estimated downside of -17.21% from its current price of $176.74.
  • Price Target Upside
    According to analysts, the highest upside price target is $210.00 representing -100% upside increase from its current price of $176.74.

Fair Value

  • According to the consensus of 13 analysts, Reddit has -17.21% downside to fair value with a price target of $146.32 per share.

RDDT vs. S&P 500

  • Over the past 5 trading days, Reddit has overperformed the S&P 500 by 8.07% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Reddit does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Reddit has grown year-over-year revenues for 0 quarters straight. In the most recent quarter Reddit reported revenues of $348.4M.

Earnings Growth

  • Reddit has grown year-over-year earnings for 0 quarters straight. In the most recent quarter Reddit reported earnings per share of $0.16.
Enterprise value:
29.3B
EV / Invested capital:
14.81x
Price / LTM sales:
23.07x
EV / EBIT:
--
EV / Revenue:
26.10x
PEG ratio (5yr expected):
-0.03x
EV / Free cash flow:
279.91x
Price / Operating cash flow:
247.44x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
$1B
Return On Assets:
-28.5%
Net Income Margin (TTM):
-47.83%
Return On Equity:
-55.43%
Return On Invested Capital:
-55.43%
Operating Margin:
1.97%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $642.9M $754.7M $1.1B $207.5M $348.4M
Gross Profit $543.8M $644.2M $1B $181.1M $313.7M
Operating Income -$135.3M -$172.9M -$610.4M -$19.6M $6.9M
EBITDA -$129.8M -$159.5M -$595.2M -$16.3M $10.8M
Diluted EPS -$0.88 -$0.89 -$7.97 -$0.05 $0.16
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets -- $1.6B $1.5B $1.4B $2.1B
Total Assets -- $1.6B $1.6B $1.6B $2.2B
Current Liabilities -- $68.7M $106.3M $133.8M $172.3M
Total Liabilities -- $1.9B $2B $2B $194.1M
Total Equity -- -$320.8M -$375.1M -$455.2M $2B
Total Debt -- -- -- -- --
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations -$91M -$93.4M $114.6M -$7.7M $71.6M
Cash From Investing -$781.6M $46.8M -$416M $2.6M $7.9M
Cash From Financing $1.6M -$3.3M $382.9M -$223K -$31.6M
Free Cash Flow -$98.7M -$99.9M $104.6M -$11.6M $70.3M
RDDT
Sector
Market Cap
$31B
$112.9M
Price % of 52-Week High
97%
66.94%
Dividend Yield
0%
0%
Shareholder Yield
--
3.39%
1-Year Price Total Return
--
-15%
Beta (5-Year)
--
0.704
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $170.59
200-day SMA
Buy
Level $0.00
Bollinger Bands (100)
Buy
Level 54.68 - 139.24
Chaikin Money Flow
Buy
Level 26.6M
20-day SMA
Buy
Level $161.61
Relative Strength Index (RSI14)
Buy
Level 64.52
ADX Line
Buy
Level 28.61
Williams %R
Sell
Level -16.6109
50-day SMA
Buy
Level $132.39
MACD (12, 26)
Buy
Level 11.73
25-day Aroon Oscillator
Buy
Level 96
On Balance Volume
Neutral
Level 181.6M

Financial Scores

--
Altman Z-Score (Annual)
Level (--)
Sell
CA Score (Annual)
Level (-4.0966)
--
Beneish M-Score (Annual)
Level (--)
--
Momentum Score
Level (--)
Sell
Ohlson Score
Level (4.4484)
Buy
Piotroski F Score (Annual)
Level (5)
Buy
Quality Ratio Score
Level (6)
Sell
Fundamental Score
Level (4)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Stock Forecast FAQ

In the current month, RDDT has received 8 Buy ratings 5 Hold ratings, and 0 Sell ratings. The RDDT average analyst price target in the past 3 months is $146.32.

  • Where Will Reddit Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Reddit share price will drop to $146.32 per share over the next 12 months.

  • What Do Analysts Say About Reddit?

    Analysts are divided on their view about Reddit share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Reddit is a Sell and believe this share price will rise from its current level to $85.00.

  • What Is Reddit's Price Target?

    The price target for Reddit over the next 1-year time period is forecast to be $146.32 according to 13 Wall Street analysts, 8 of them rate the stock a Buy, 0 rate the stock a Sell, and 5 analysts rate the stock a Hold.

  • Is RDDT A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Reddit is a Buy. 8 of 13 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of RDDT?

    You can purchase shares of Reddit via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Reddit shares.

  • What Is The Reddit Share Price Today?

    Reddit was last trading at $173.50 per share. This represents the most recent stock quote for Reddit. Yesterday, Reddit closed at $176.74 per share.

  • How To Buy Reddit Stock Online?

    In order to purchase Reddit stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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