Reddit Inc (NYSE:RDDT) currently has a daily average trading volume of 9.09M but it saw 17448232 shares traded in last market. With a market cap of 17.69B USD, the company’s current market price of $95.85 came falling about -9.27 while comparing to the previous closing price of $105.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $230.41 and as low as $49.13.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wells Fargo which downgraded the stock as “Equal Weight” in its note to investors issued on May 19, 2025, recommending a price target of $115 for it. Seaport Research Partners upgraded its recommendation for the stock as a “Buy” from “Neutral” on May 05, 2025 while assigning a price target of $165. Bernstein issued its recommendations for the stock as it upgraded the price target for the stock is $130.
Over the week, RDDT’s stock price is moving -23.52% down while it is -5.72% when we observe its performance for the past one month. Year-to-date it is -41.35% down and over the past year, the stock is showing an upside performance of 54.50%.
Currently, Reddit Inc’s total number of outstanding shares is 129.15M with 7.16% of that held by the insiders while 85.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 5.23% and return on equity (ROE) at 5.77%. It has a price to earnings ratio (P/E ratio) of 148.28 while having a 42.08 of forward P/E ratio. Stock’s beta reads 1.89. Stock has a price to book (P/B) ratio of 7.97 while price to sale or P/S ratio amounts to 12.20. Its return on asset (ROA) is 5.25% on average.
