Reddit Inc (NYSE: RDDT): Think Like A Lender, Not An Investor

Reddit Inc (NYSE:RDDT) currently has a daily average trading volume of 8.79M but it saw 10898604 shares traded in last market. With a market cap of 29.40B USD, the company’s current market price of $159.34 came rising about 4.67 while comparing to the previous closing price of $152.23. 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. In the recent trading on the day, stock has struck highest price mark of $151.8 while lowest mark touched by it was $164.55.

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 reiterated the stock as “Equal Weight” in its note to investors issued on July 01, 2025, recommending a price target of between $115 and $118 for it. RBC Capital Mkts issued its recommendations for the stock as it initiated the price target for the stock is $125.

Over the week, RDDT’s stock price is moving 12.46% up while it is 42.13% when we observe its performance for the past one month. Year-to-date it is 149.40% up and over the past year, the stock is showing a downside performance of -2.51%.

The company is expected to be releasing its next quarterly report on 2025-May-01, for which analysts forecasted an EPS of 0.18 while estimate for next year EPS is 1.25. In next quarter, company is expected to be making quarterly sales of $471.5M as analysts are expecting the sales for current fiscal year at $1.85B and seeing the company making $2.38B in sales next year. Moreover, analysts are in estimates of $424.66M for current-quarter revenue.

Currently, Reddit Inc’s total number of outstanding shares is 129.15M with 6.89% of that held by the insiders while 85.10% 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 246.50 while having a 68.35 of forward P/E ratio. Stock’s beta reads 2.40. Stock has a price to book (P/B) ratio of 13.24 while price to sale or P/S ratio amounts to 20.28. Its return on asset (ROA) is 5.25% on average.

#

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.