Data gathered: December 24
AI Stock Analysis - Reddit (RDDT)
Analysis generated November 3, 2024. Powered by Chat GPT.
Reddit, a social media company founded in 2005, has established itself as a dominant player in the online forum and community space. Known for its diverse user base and extensive range of subreddits, Reddit allows users to create, join, and engage in conversations on a myriad of topics. Over the years, Reddit has expanded significantly, attracting billions of visitors to its platform. Despite its strength in community engagement, the company has faced challenges, including maintaining growth and managing costs.
Stock Alerts - Reddit (RDDT)
 |
Reddit | December 24 Price is up by 5% in the last 24h. |
|
Reddit | December 20 Price is up by 5.8% in the last 24h. |
|
Reddit | December 19 Insider Alert: Huffman Steve Ladd is selling shares |
|
Reddit | December 17 Price is down by -5.5% in the last 24h. |
Alternative Data for Reddit
About Reddit
Reddit is an American social news aggregation, content rating, and discussion website. Registered users submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members.
| Price | $177.41 |
| Target Price | Sign up |
| Volume | 2,100,000 |
| Market Cap | $19.2B |
| Year Range | $39.17 - $178.1 |
| Dividend Yield | 0% |
| Analyst Rating | 71% buy |
| Industry | Online Media |
In the news
 |
Jim Cramer on Reddit (RDDT): ‘I Don’t Know What To Do About It’December 24 - Yahoo Entertainment |
 |
The Reddit community revives the holiday spirit after popular Secret Santa events endDecember 23 - NPR |
 |
Geode Capital Management LLC Acquires 525,619 Shares of Reddit, Inc. (NYSE:RDDT)December 23 - ETF Daily News |
 |
Citigroup Issues Positive Forecast for Reddit (NYSE:RDDT) Stock PriceDecember 22 - ETF Daily News |
Reddit (RDDT) Price Target Increased by 20.89% to 152.46December 22 - Fintel |
|
|
Reddit (NYSE:RDDT) Earns Buy Rating from Analysts at GuggenheimDecember 21 - ETF Daily News |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 348M | 35M | 314M | 30M | 6.9M | 0.160 |
| Q2 '24 | 281M | 30M | 252M | -10M | -31M | -0.060 |
| Q1 '24 | 243M | 31M | 212M | -575M | -586M | -8.190 |
| Q4 '23 | 250M | 29M | 221M | 19M | 6.8M | |
| Q3 '23 | 208M | 26M | 181M | -7.4M | -16M |
Insider Transactions View All
| Wong Jennifer L. filed to sell 1,537,030 shares at $167.4. December 18 '24 |
| Wong Jennifer L. filed to sell 1,537,230 shares at $166.7. December 18 '24 |
| Wong Jennifer L. filed to sell 1,536,504 shares at $169.1. December 18 '24 |
| Wong Jennifer L. filed to sell 1,530,505 shares at $174.9. December 18 '24 |
| Huffman Steve Ladd filed to sell 620,971 shares at $179.9. December 18 '24 |
Similar companies
| Company | Price | AI Score | |
|---|---|---|---|
 |
MetaMETA |
$607.54 1.3% | 66 |
 |
$196.08 0.7% | 56 |
|
 |
BaiduBIDU |
$87.95 0.6% | 28 |
 |
VeriSignVRSN |
$201.48 0.8% | 45 |
 |
EdgioEGIO |
$1.11 0% | 35 |
Read more about Reddit (RDDT) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, app downloads, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, reddit subscribers, stocktwits mentions, stocktwits subscribers, tiktok followers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, lobbying cost, business outlook & linkedin employees.
What is the Market Cap of Reddit?
The Market Cap of Reddit is $19.2B.
What is the current stock price of Reddit?
Currently, the price of one share of Reddit stock is $177.41.
How can I analyze the RDDT stock price chart for investment decisions?
The RDDT stock price chart above provides a comprehensive visual representation of Reddit's stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Reddit shares. Our platform offers an up-to-date RDDT stock price chart, along with technical data analysis and alternative data insights.
Does RDDT offer dividends to its shareholders?
As of our latest update, Reddit (RDDT) does not offer dividends to its shareholders. Investors interested in Reddit should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Reddit?
Some of the similar stocks of Reddit are Meta, Google, Baidu, VeriSign, and Edgio.
.