On Friday 07/19/2024 the closing price of the Reddit share was $64.66 on BTT.
Compared to the opening price on Friday 07/19/2024 on BTT of $66.10, this is a drop of 2.23%.
Reddit's market capitalization is $10.78 B by 44.44 M shares outstanding.
Reddit Stock Snapshot
64.29
Bid
100.00
Bid Size
64.86
Ask
100.00
Ask Size
7/19/2024
Date
6:09 PM
Time
79,445.00
Volume
64.66
Prev. Close
66.10
Open
44.44 M
Number of Shares
64.51
Day Low
68.25
Day High
64.60
68.64
Free Float in %
-0.56
EPS in USD
-2.53
Book Value per Share in USD
-0.46
Cash Flow per Share in USD
Reddit News More News
Historical Prices for Reddit
| Date | Open | Close | Daily High | Daily Low |
|---|
Price change over selected period:
0%
0
Reddit Analyst Data
Total Analysts: 29
Analyst: {{ANALYST_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price-Target: {{PRICE_DATA}}
Rating: {{RATING_DATA}}
Price
*Price Target
Lowest: 40.00
Median: 58.62
Highest: 84.00
*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 | |||
|---|---|---|---|---|---|---|
| 07/16/24 | JMP Securities LLC | Maintained Buy | $84 | |||
| 07/16/24 | J.P. Morgan | Maintained Hold | $67 | |||
| 07/16/24 | Loop Capital | Downgraded to Hold | $75 | |||
| 07/03/24 | Loop Capital | Maintained Buy | $75 | |||
| 06/18/24 | Needham & Company, LLC | Maintained Buy | $75 | |||
| 05/17/24 | Citigroup Corp. | Maintained Buy | $70 | |||
| 05/17/24 | JMP Securities LLC | Maintained Buy | $63 | |||
| 05/17/24 | Needham & Company, LLC | Maintained Buy | $63 | |||
| 05/17/24 | Deutsche Bank | Maintained Buy | $65 | |||
| 05/09/24 | Goldman Sachs | Maintained Hold | $55 | |||
| 05/08/24 | Citigroup Corp. | Maintained Buy | $65 | |||
| 05/08/24 | JMP Securities LLC | Maintained Buy | $63 | |||
| 05/08/24 | Bernstein | Maintained Sell | $45 | |||
| 05/08/24 | Needham & Company, LLC | Maintained Buy | $63 | |||
| 05/08/24 | Baird Patrick & Co | Maintained Hold | $59 | |||
| 05/08/24 | Piper Sandler | Maintained Buy | $65 | |||
| 04/16/24 | Deutsche Bank | Maintained Buy | $50 | |||
| 04/16/24 | Bank of America Merrill Lynch | Maintained Hold | $46 | |||
| 04/15/24 | Citigroup Corp. | Maintained Buy | $53 | |||
| 04/15/24 | Loop Capital | Maintained Buy | $55 | |||
| 04/15/24 | Raymond James Financial, Inc. | Maintained Buy | $50 | |||
| 04/15/24 | Needham & Company, LLC | Maintained Buy | $55 | |||
| 04/15/24 | J.P. Morgan | Maintained Hold | $47 | |||
| 04/15/24 | Piper Sandler | Maintained Buy | $50 | |||
| 04/15/24 | JMP Securities LLC | Maintained Buy | $53 | |||
| 04/15/24 | Morgan Stanley | Maintained Hold | $45 | |||
| 04/04/24 | Baird Patrick & Co | Maintained Hold | $50 | |||
| 04/04/24 | Bernstein | Maintained Sell | $40 | |||
| 03/26/24 | New Street Research | Maintained Hold | $54 |
Reddit Estimates* in USD
| 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|
| Revenue | 1,095 | 1,340 | 1,652 | 1,944 | 2,327 |
| Dividend | 0.00 | 0.00 | 0.00 | - | - |
| Dividend Yield (in %) | 0.00 % | 0.00 % | 0.00 % | - | - |
| EPS | -5.28 | -0.55 | 0.19 | 0.99 | 1.71 |
| P/E Ratio | -12.23 | -116.87 | 337.51 | 65.41 | 37.78 |
| EBIT | -730 | -109 | -17 | 141 | 319 |
| EBITDA | 109 | 212 | 366 | 471 | 647 |
| Net Profit | -678 | -64 | 77 | 185 | 365 |
| Net Profit Adjusted | 166 | 230 | 365 | - | - |
| Pre-Tax Profit | -690 | -103 | 32 | 187 | 366 |
| Net Profit (Adjusted) | -681 | -77 | 68 | 174 | 366 |
| EPS (Non-GAAP) ex. SOE | 0.85 | 1.13 | 1.71 | - | - |
| EPS (GAAP) | -5.28 | -0.55 | 0.19 | 0.99 | 1.71 |
| Gross Income | 958 | 1,156 | 1,377 | 1,764 | 2,220 |
| Cash Flow from Investing | 407 | 0 | - | - | - |
| Cash Flow from Operations | 55 | 181 | 187 | 309 | - |
| Cash Flow from Financing | 407 | 0 | - | - | - |
| Cash Flow per Share | 0.73 | 1.23 | 1.87 | - | - |
| Free Cash Flow | 72 | 140 | 183 | 304 | - |
| Free Cash Flow per Share | - | 0.31 | - | - | - |
| Book Value per Share | 13.50 | 13.46 | 15.67 | - | - |
| Net Debt | -1,487 | -1,662 | -2,037 | - | - |
| Research & Development Exp. | 906 | 656 | 721 | 871 | 954 |
| Capital Expenditure | 8 | 4 | 4 | 5 | - |
| Selling, General & Admin. Exp. | 404 | 458 | - | - | - |
| Shareholder’s Equity | 1,942 | 2,264 | 2,634 | - | - |
| Total Assets | 2,120 | 2,422 | - | - | - |
|
Previous Quarter ending 06/30/24 |
Current Quarter ending 09/30/24 |
Next Quarter ending 12/31/24 |
Current Year ending 12/31/24 |
Next Year ending 12/31/25 |
|
|---|---|---|---|---|---|
| Earnings Estimates | |||||
| No. of Analysts | 11 | 11 | 10 | 12 | 11 |
| Average Estimate | -0.327 USD | -0.288 USD | -0.140 USD | -5.283 USD | -0.553 USD |
| Year Ago | -0.252 USD | -0.045 USD | 0.114 USD | -0.556 USD | - |
| Publish Date | 8/6/2024 | - | - | - | - |
| Revenue Estimates | |||||
| No. of Analysts | 14 | 14 | 14 | 15 | 15 |
| Average Estimate | 253 USD | 279 USD | 321 USD | 1,095 USD | 1,340 USD |
| Year Ago | 183 USD | 208 USD | 250 USD | 804 USD | - |
| Publish Date | 8/6/2024 | - | - | - | - |
* 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 (year 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 |
|---|---|---|---|---|---|---|
| Lee Benjamin Seong | 05/22/2024 | 20,034.00 | 259,312.00 | 58.94 | Sell | No |
| Slowe Christopher Brian | 05/22/2024 | 33,019.00 | 380,665.00 | 58.94 | Sell | No |
| Reynolds Michelle Marie | 05/22/2024 | 6,618.00 | 89,795.00 | 58.94 | Sell | No |
| Vollero Andrew | 05/22/2024 | 50,580.00 | 631,080.00 | 58.94 | Sell | No |
| Wong Jennifer L. | 05/22/2024 | 40,139.00 | 1,600,628.00 | 58.94 | Sell | No |
| Huffman Steve Ladd | 05/22/2024 | 21,149.00 | 689,157.00 | 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 | 21,150.00 | 710,307.00 | n/a | Buy | No |
| FARRELL SARAH E | 05/19/2024 | 5,128.00 | 5,128.00 | n/a | Buy | No |
| FILIKRUSHEL PATRICIA | 05/19/2024 | 5,128.00 | 27,033.00 | n/a | Buy | No |
| Habiger David C | 05/19/2024 | 5,128.00 | 30,034.00 | n/a | Buy | No |
| Sauerberg Robert A. | 05/19/2024 | 5,128.00 | 15,128.00 | 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 |
| Newhouse Steven O | 05/19/2024 | 5,128.00 | 5,128.00 | 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 |
| 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 |
| Slowe Christopher Brian | 03/24/2024 | 185,000.00 | 413,684.00 | 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 |
| Reynolds Michelle Marie | 03/24/2024 | 3,033.00 | 96,413.00 | 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 Calendar
| Event | Estimate | Info | Date |
|---|---|---|---|
| Earnings Report | -0.327 USD | Q2 2024 Earnings Release | 08/06/2024 |
| Press Conference | - | 08/06/2024 | |
| Earnings Report | -0.392 USD | Q1 2025 Earnings Release | 05/13/2025 |
| Earnings Report | -0.310 USD | Q2 2025 Earnings Release | 08/12/2025 |
| Earnings Report | - | Q1 2026 Earnings Release | 05/12/2026 |
Reddit Past Events
| Event | Actual EPS | Info | Date |
|---|---|---|---|
| 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.