63.98+0.15+0.23%
After-market 05:43:31 PM EDT 6/28/2024BTT
Plus500. 80% of retail CFD accounts lose money
63.83+0.20+0.31%
Official Close 03:59:59 PM EDT 6/28/2024BTT
| News | Analyst Data | Analyst Opinions | Insider Activity | Dividend Calendar |
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On Friday 06/28/2024 the closing price of the Reddit share was $63.83 on BTT.Compared to the opening price on Friday 06/28/2024 on BTT of $63.83, this is a drop of 0.00%.Reddit's market capitalization is $10.43 B by 44.44 M shares outstanding.
Reddit Stock Snapshot
63.80
Bid
400.00
Bid Size
63.94
Ask
400.00
Ask Size
6/28/2024
Date
5:43 PM
Time
83,895.00
Volume
63.83
Prev. Close
63.83
Open
44.44 M
Number of Shares
62.77
Day Low
65.80
Day High
63.98
-0.56
EPS in USD
-2.53
Book Value per Share in USD
-0.46
Cash Flow per Share in USD
Reddit NewsMore News
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Reddit Inc. (RDDT) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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Historical Prices for Reddit
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:0%0
Reddit Analyst Data
Total Analysts: 25
Buy Ratings: 15 Neutral Ratings: 8 Sell Ratings: 2
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price *Price Target
Lowest: 40.00 Median: 55.96 Highest: 75.00
*The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.
Reddit Analyst Opinions
- All
- Buy
- Hold
- Sell
| Date | Analyst | Rating | Price | |||
|---|---|---|---|---|---|---|
| 06/18/24 | Needham & Company, LLC | Maintained Buy | $75 | gut | ||
| 05/17/24 | Citigroup Corp. | Maintained Buy | $70 | gut | ||
| 05/17/24 | JMP Securities LLC | Maintained Buy | $63 | gut | ||
| 05/17/24 | Needham & Company, LLC | Maintained Buy | $63 | gut | ||
| 05/17/24 | Deutsche Bank | Maintained Buy | $65 | gut | ||
| 05/09/24 | Goldman Sachs | Maintained Hold | $55 | neutral | ||
| 05/08/24 | Citigroup Corp. | Maintained Buy | $65 | gut | ||
| 05/08/24 | JMP Securities LLC | Maintained Buy | $63 | gut | ||
| 05/08/24 | Bernstein | Maintained Sell | $45 | schlecht | ||
| 05/08/24 | Needham & Company, LLC | Maintained Buy | $63 | gut | ||
| 05/08/24 | Baird Patrick & Co | Maintained Hold | $59 | neutral | ||
| 05/08/24 | Piper Sandler | Maintained Buy | $65 | gut | ||
| 04/16/24 | Deutsche Bank | Maintained Buy | $50 | gut | ||
| 04/16/24 | Bank of America Merrill Lynch | Maintained Hold | $46 | neutral | ||
| 04/15/24 | Citigroup Corp. | Maintained Buy | $53 | gut | ||
| 04/15/24 | Loop Capital | Maintained Buy | $55 | gut | ||
| 04/15/24 | Raymond James Financial, Inc. | Maintained Buy | $50 | sehr gut | ||
| 04/15/24 | Needham & Company, LLC | Maintained Buy | $55 | gut | ||
| 04/15/24 | J.P. Morgan | Maintained Hold | $47 | neutral | ||
| 04/15/24 | Piper Sandler | Maintained Buy | $50 | gut | ||
| 04/15/24 | JMP Securities LLC | Maintained Buy | $53 | gut | ||
| 04/15/24 | Morgan Stanley | Maintained Hold | $45 | neutral | ||
| 04/04/24 | Baird Patrick & Co | Maintained Hold | $50 | neutral | ||
| 04/04/24 | Bernstein | Maintained Sell | $40 | schlecht | ||
| 03/26/24 | New Street Research | Maintained Hold | $54 | neutral |
Reddit Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Revenue | 1,091 | 1,331 | 1,625 | 2,017 | 2,327 |
| Dividend | 0.00 | 0.00 | 0.00 | - | - |
| Dividend Yield (in %) | 0.00 % | 0.00 % | 0.00 % | - | - |
| EPS | -4.93 | -0.59 | 0.16 | 0.96 | 1.71 |
| P/E Ratio | -12.98 | -108.88 | 412.24 | 66.58 | 37.42 |
| EBIT | -733 | -114 | -16 | 135 | 319 |
| EBITDA | 106 | 207 | 304 | - | 647 |
| Net Profit | -683 | -72 | 59 | 134 | 365 |
| Net Profit Adjusted | 136 | 205 | 346 | 446 | - |
| Pre-Tax Profit | -652 | -108 | 20 | 143 | 366 |
| Net Profit (Adjusted) | -560 | -58 | 97 | 239 | 366 |
| EPS (Non-GAAP) ex. SOE | 0.83 | 1.11 | 1.68 | - | - |
| EPS (GAAP) | -4.93 | -0.59 | 0.16 | 0.96 | 1.71 |
| Gross Income | 948 | 1,141 | 1,389 | 1,765 | 2,220 |
| Cash Flow from Investing | 31 | -10 | -20 | -23 | - |
| Cash Flow from Operations | -2 | 131 | 272 | 510 | - |
| Cash Flow from Financing | 271 | 0 | 0 | 0 | - |
| Cash Flow per Share | 0.70 | 1.14 | 1.73 | - | - |
| Free Cash Flow | 20 | 115 | 259 | 496 | - |
| Free Cash Flow per Share | 0.66 | 0.80 | 2.29 | 3.14 | - |
| Book Value per Share | 13.42 | 13.28 | 15.50 | - | - |
| Net Debt | -775 | -1,000 | -984 | 2,846 | - |
| Research & Development Exp. | 760 | 625 | 696 | 823 | 954 |
| Capital Expenditure | 9 | 7 | 11 | 14 | - |
| Selling, General & Admin. Exp. | 403 | 454 | - | - | - |
| Shareholder’s Equity | 1,493 | 1,509 | 2,433 | 2,922 | - |
| Total Assets | 2,023 | 2,276 | 2,555 | 3,136 | - |
| Previous Quarter ending 03/31/24 | Current Quarter ending 06/30/24 | Next Quarter ending 09/30/24 | Current Year ending 12/31/24 | Next Year ending 12/31/25 | |
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 8 | 11 | 11 | 12 | 11 |
| Average Estimate | -8.754 USD | -0.330 USD | -0.298 USD | -4.931 USD | -0.588 USD |
| Year Ago | -0.373 USD | -0.252 USD | -0.045 USD | -0.556 USD | - |
| Publish Date | 5/7/2024 | - | - | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 14 | 14 | 14 | 15 | 15 |
| Average Estimate | 214 USD | 252 USD | 277 USD | 1,091 USD | 1,331 USD |
| Year Ago | 164 USD | 183 USD | 208 USD | 804 USD | - |
| Publish Date | 5/7/2024 | - | - | - | - |
* Average Estimates in Million (e.g. Revenue) or per share (e.g. Dividend). Source: FactSet
Income Statements in Mio. USD
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Sales | 804.03 | 666.70 | 484.92 | 228.91 |
| Change of sales in % | 20.60 | 37.49 | 111.84 | - |
| Gross profit on sales | 679.47 | 554.62 | 412.35 | 173.88 |
| Gross profit on sales change in % | 22.51 | 34.50 | 137.14 | - |
| Operating income | -140.16 | -172.16 | -126.33 | -62.56 |
| Operating income change in % | 18.59 | -36.28 | -101.95 | - |
| Income before tax | -87.02 | -157.93 | -127.56 | -59.07 |
| Income before tax change in % | 44.90 | -23.81 | -115.94 | - |
| Income after tax | -90.82 | -158.55 | -127.90 | -59.17 |
| Income after tax change in % | 42.72 | -23.97 | -116.14 | - |
Balance Sheet in Mio. USD
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Total liabilities | 155.90 | 125.28 | 77.63 | 675.75 |
| Long-term liabilities per share | 0.14 | 0.12 | 0.04 | 3.83 |
| Equity | 1,440.57 | 1,474.43 | 1,567.48 | -151.61 |
| Equity change in % | -8.93 | -32.53 | -88.65 | - |
| Balance sheet total | 1,596.47 | 1,599.71 | 1,645.11 | 524.14 |
| Balance sheet total change in % | -0.20 | -2.76 | 213.87 | - |
Key Data in USD
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Sales per share | 4.92 | 4.08 | 2.97 | 1.40 |
| P/E ratio (year end quote, basic EPS) | - | - | - | - |
| P/E ratio (ear end quote, diluted EPS) | - | - | - | - |
| P/E ratio (year end quote) | - | - | - | - |
| Dividend yield in % | - | - | - | - |
| Equity ratio in % | -25.86 | -23.70 | -17.39 | -28.93 |
| Debt ratio in % | 9.77 | 7.83 | 4.72 | 128.93 |
Reddit Insider Activity
| Name | Date | shares traded | shares held | Price | type (sell/buy) | option |
|---|---|---|---|---|---|---|
| Vollero Andrew | 05/22/2024 | 50,580.00 | 631,080.00 | 58.94 | Sell | No |
| Lee Benjamin Seong | 05/22/2024 | 20,034.00 | 259,312.00 | 58.94 | Sell | No |
| Huffman Steve Ladd | 05/22/2024 | 21,150.00 | 689,157.00 | 58.94 | Sell | No |
| Huffman Steve Ladd | 05/22/2024 | 21,149.00 | 689,157.00 | 58.94 | Sell | No |
| Wong Jennifer L. | 05/22/2024 | 40,139.00 | 1,600,628.00 | 58.94 | Sell | No |
| Reynolds Michelle Marie | 05/22/2024 | 6,618.00 | 89,795.00 | 58.94 | Sell | No |
| Slowe Christopher Brian | 05/22/2024 | 33,019.00 | 380,665.00 | 58.94 | Sell | No |
| Huffman Steve Ladd | 05/22/2024 | 21,150.00 | 710,307.00 | n/a | Buy | No |
| Sauerberg Robert A. | 05/19/2024 | 5,128.00 | 15,128.00 | n/a | Buy | No |
| Habiger David C | 05/19/2024 | 5,128.00 | 30,034.00 | n/a | Buy | No |
| FILIKRUSHEL PATRICIA | 05/19/2024 | 5,128.00 | 27,033.00 | n/a | Buy | No |
| Farrell Sarah E. | 05/19/2024 | 5,128.00 | 5,128.00 | n/a | Buy | No |
| Newhouse Steven O | 05/19/2024 | 5,128.00 | 5,128.00 | n/a | Buy | No |
| Seibel Michael | 05/19/2024 | 5,128.00 | 5,128.00 | n/a | Buy | No |
| Gale Mary Porter | 05/19/2024 | 5,128.00 | 116,459.00 | n/a | Buy | No |
| Wong Jennifer L. | 05/06/2024 | 100,000.00 | 1,640,767.00 | n/a | Sell | No |
| Wong Jennifer L. | 05/06/2024 | 100,000.00 | 161,000.00 | n/a | Buy | No |
| Wong Jennifer L. | 03/28/2024 | 61,000.00 | 61,000.00 | 5.35 | Buy | No |
| Wong Jennifer L. | 03/27/2024 | 3,954.00 | 1,740,767.00 | 25.29 | Buy | No |
| Reynolds Michelle Marie | 03/24/2024 | 3,033.00 | 96,413.00 | 32.30 | Sell | No |
| Huffman Steve Ladd | 03/24/2024 | 500,000.00 | 710,306.00 | 32.30 | Sell | No |
| Vollero Andrew | 03/24/2024 | 71,765.00 | 681,660.00 | 32.30 | Sell | No |
| Slowe Christopher Brian | 03/24/2024 | 185,000.00 | 413,684.00 | 32.30 | Sell | No |
| Wong Jennifer L. | 03/24/2024 | 189,000.00 | n/a | 32.30 | Sell | No |
| Wong Jennifer L. | 03/24/2024 | 325,000.00 | 1,736,813.00 | 32.30 | Sell | No |
Reddit Dividend Calendar
| Date | Name | Dividend | *yield | Currency |
|---|---|---|---|---|
| 2023 | - | - | USD | |
| 2022 | - | - | USD | |
| 2021 | - | - | USD | |
| 2020 | - | - | USD |
*Yield of the Respective Date
Reddit Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| Earnings Report | -3.521 USD | Q1 2024 Earnings Release | 05/07/2024 |
| Press Conference | - | - | 05/07/2024 |
Reddit Profile
Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.
Reddit Shareholder
| Owner | in % |
|---|---|
| Freefloat | 68.64 |
| Fidelity OTC Portfolio | 10.06 |
| Tencent Holdings Ltd. | 9.62 |
| Quiet Capital Management LP | 6.69 |
| Inclusive Capital Partners LP | 4.70 |
| Fidelity Management & Research Co. LLC | 4.18 |
| Jennifer L. Wong, MBA | 3.96 |
| Vanguard Group, Inc. (Subfiler) | 3.74 |
| T. Rowe Price Investment Management, Inc. | 3.73 |
| Newton Investment Management North America LLC | 3.34 |
| Fidelity Contrafund | 3.15 |
| Valor Management LLC | 3.01 |
| Valor Management LLC | 3.01 |
| Fidelity Blue Chip Growth Fund | 2.31 |
| Fidelity Advisor Series I -Growth Opportunities Fund | 1.91 |
Shareholder percentage totals can add to more than 100% because some holders are included in the free float.
