Reddit price
About Reddit
Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.
- Stock ticker
- RDDT
- Company
- Reddit, Inc.
- Industry
- Communication Services
- Category
- US
- Stock split / reverse split
- --
- Launch date
- Mar 21, 2024
- Listed exchange
- NYSE
Financials
Summary: RDDT reported Revenue of 804.91M (+61.10%), beating expectations; EPS of 1.25 (+177.78%), beating expectations.
Reddit conversion tables
 |  |
|---|---|
| 0.5 RDDT | 73.59 USD |
| 1 RDDT | 147.19 USD |
| 5 RDDT | 735.99 USD |
| 10 RDDT | 1,471.99 USD |
| |
|---|---|
| 0.5 USD | 0.0033968 RDDT |
| 1 USD | 0.0067935 RDDT |
| 5 USD | 0.033968 RDDT |
| 10 USD | 0.067935 RDDT |
More to explore
FAQ
RDDT is trading at $147.20, -0.45% over the last 24 hours. Track live moves on the price chart at the top of this page.
The RDDT stock forecast depends on a mix of factors — broader market conditions, sector trends, and company-specific drivers like earnings, product cycles, and macro signals. RDDT is currently trading at $147.20, -0.45% over the last 24 hours, which reflects how the market is pricing these factors today. For a longer-term outlook on RDDT price action, review the 30-day, 60-day, and 90-day performance shown above, monitor momentum across the Communication Services sector, and watch overall market sentiment. Stock forecasts and price predictions are inherently uncertain — always DYOR.
P/E ratio (Price-to-Earnings, trailing twelve months) measures how much investors pay per dollar of earnings over the last 12 months. RDDT's P/E ratio is currently 34.38 — calculated by dividing its share price by its trailing 12-month earnings per share (EPS). A higher P/E suggests investors expect stronger future growth from RDDT; a lower P/E may indicate the stock is undervalued or that the market is pricing in a weaker outlook. P/E ratios are most useful when compared against RDDT's historical range and other companies in the Communication Services sector.
Reddit, Inc.'s market cap is currently 28.46B USD. Market cap is calculated as stock price × total shares outstanding.
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