Reddit Inc (NYSE:RDDT) currently has a daily average trading volume of 8.58M but it saw 5988200 shares traded in last market. With a market cap of 21.23B USD, the company’s current market price of $115.03 came falling about -1.76 while comparing to the previous closing price of $117.09. 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 RBC Capital Mkts which initiated the stock as “Sector Perform” in its note to investors issued on June 03, 2025, recommending a price target of $125 for it. Wells Fargo downgraded its recommendation for the stock as a “Equal Weight” from “Overweight” on May 19, 2025 while assigning a price target of $115. Seaport Research Partners issued its recommendations for the stock as it upgraded the price target for the stock is $165.
Over the week, RDDT’s stock price is moving -2.69% down while it is 3.43% when we observe its performance for the past one month. Year-to-date it is -29.62% down and over the past year, the stock is showing an upside performance of 92.36%.
Currently, Reddit Inc’s total number of outstanding shares is 129.15M. 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 177.95 while having a 50.15 of forward P/E ratio. Stock’s beta reads 1.97. Stock has a price to book (P/B) ratio of 9.56 while price to sale or P/S ratio amounts to 14.64. Its return on asset (ROA) is 5.25% on average.
