RDDT Chart
About

Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Reddit, Inc. was founded in 2005 and is headquartered in San Francisco, California.

Fundamentals
Scroll to Statements
Sector Communication Services Industry Internet Content & Infor Market Cap 27.14B
Enterprise Value 24.69B Income 529.72M Sales 2.20B
Book/sh 15.34 Cash/sh 12.96 Dividend Yield —
Payout 0.00% Employees 2555 IPO —
P/E 54.44 Forward P/E 17.30 PEG —
P/S 12.32 P/B 9.26 P/C —
EV/EBITDA 53.91 EV/Sales 11.21 Quick Ratio 11.30
Current Ratio 11.56 Debt/Eq 0.79 LT Debt/Eq —
EPS (ttm) 2.61 EPS next Y 8.21 EPS Growth 247.40%
Revenue Growth 69.70% Earnings 2026-04-30 ROA 9.91%
ROE 20.94% ROIC — Gross Margin 91.18%
Oper. Margin 31.95% Profit Margin 24.05% Shs Outstand 139.65M
Shs Float 135.07M Short Float 15.49% Short Ratio 4.34
Short Interest — 52W High 282.95 52W Low 79.75
Beta — Avg Volume 5.25M Volume 3.94M
Target Price $233.22 Recom Buy Prev Close $142.46
Price $142.08 Change -0.27%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$233.22
Mean price target
2. Current target
$142.08
Latest analyst target
3. DCF / Fair value
$57.55
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$142.08
Low
$125.00
High
$300.00
Mean
$233.22

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-09 main Goldman Sachs Neutral → Neutral $206
2026-02-06 main JP Morgan Neutral → Neutral $200
2026-02-06 main Oppenheimer Outperform → Outperform $250
2026-02-06 main Truist Securities Buy → Buy $275
2026-02-06 reit Piper Sandler Overweight → Overweight $205
2026-02-06 main Cantor Fitzgerald Neutral → Neutral $170
2026-02-06 main Guggenheim Buy → Buy $255
2026-02-06 reit Needham Buy → Buy $300
2026-01-30 main Roth Capital Neutral → Neutral $215
2026-01-23 reit Guggenheim Buy → Buy $245
2026-01-13 main Morgan Stanley Overweight → Overweight $265
2026-01-13 init Evercore ISI Group — → Outperform $320
2026-01-12 main Wells Fargo Equal-Weight → Equal-Weight $207
2026-01-08 init Cantor Fitzgerald — → Neutral $240
2025-12-29 reit Needham Buy → Buy $300
2025-12-23 reit Needham Buy → Buy $300
2025-12-11 main Jefferies Buy → Buy $325
2025-11-03 main Citigroup Buy → Buy $265
2025-10-31 main JP Morgan Neutral → Neutral $227
2025-10-31 reit B. Riley Securities Buy → Buy $245
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 18000 2498644.0 — Sale at price 136.74 - 141.85 per share. HUFFMAN STEVE LADD Chief Executive Officer — 2026-02-13 00:00:00 I
1 18000 nan — — HUFFMAN STEVE LADD Chief Executive Officer — 2026-02-13 00:00:00 I
2 5128 — — Stock Gift at price 0.00 per share. SAUERBERG ROBERT A. Director — 2026-02-12 00:00:00 D
3 50500 7482139.0 — Purchase at price 139.27 - 149.79 per share. FARRELL SARAH E Director — 2026-02-11 00:00:00 I
4 11464 1716666.0 — Sale at price 145.07 - 152.16 per share. SLOWE CHRISTOPHER BRIAN Chief Technology Officer — 2026-02-10 00:00:00 D
5 9464 nan — — SLOWE CHRISTOPHER BRIAN Chief Technology Officer — 2026-02-10 00:00:00 D
6 18000 3297178.0 — Sale at price 180.44 - 190.06 per share. HUFFMAN STEVE LADD Chief Executive Officer — 2026-01-30 00:00:00 I
7 18000 455220.0 — Conversion of Exercise of derivative security at price 25.29 per share. HUFFMAN STEVE LADD Chief Executive Officer — 2026-01-30 00:00:00 I
8 14000 2976561.0 — Sale at price 210.95 - 215.70 per share. SLOWE CHRISTOPHER BRIAN Chief Technology Officer — 2026-01-22 00:00:00 D
9 12000 nan — — SLOWE CHRISTOPHER BRIAN Chief Technology Officer — 2026-01-22 00:00:00 D
Financials
Line Item2025-12-312024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems0.000.000.000.00
TaxRateForCalcs0.210.000.210.21
NormalizedEBITDA457.93M-544.92M-126.46M-164.16M
NetIncomeFromContinuingOperationNetMinorityInterest529.72M-484.28M-90.82M-158.55M
ReconciledDepreciation15.95M15.64M13.70M8.00M
ReconciledCostOfRevenue194.22M123.59M111.01M104.80M
EBITDA457.93M-544.92M-126.46M-164.16M
EBIT441.98M-560.57M-140.16M-172.16M
NormalizedIncome529.72M-484.28M-90.82M-158.55M
NetIncomeFromContinuingAndDiscontinuedOperation529.72M-484.28M-90.82M-158.55M
TotalExpenses1.76B1.86B944.19M838.86M
TotalOperatingIncomeAsReported441.98M-560.57M-140.16M-172.16M
DilutedAverageShares202.11M145.47M158.99M147.79M
BasicAverageShares186.38M145.47M158.99M147.79M
DilutedEPS2.62-3.33-0.57-1.07
BasicEPS2.84-3.33-0.57-1.07
DilutedNIAvailtoComStockholders529.72M-484.28M-90.82M-158.55M
NetIncomeCommonStockholders529.72M-484.28M-90.82M-158.55M
NetIncome529.72M-484.28M-90.82M-158.55M
NetIncomeIncludingNoncontrollingInterests529.72M-484.28M-90.82M-158.55M
NetIncomeContinuousOperations529.72M-484.28M-90.82M-158.55M
TaxProvision-1.03M-931.00K3.80M622.00K
PretaxIncome528.69M-485.21M-87.02M-157.93M
OtherIncomeExpense86.71M75.36M53.14M14.23M
OtherNonOperatingIncomeExpenses86.71M75.36M53.14M14.23M
OperatingIncome441.98M-560.57M-140.16M-172.16M
OperatingExpense1.57B1.74B833.18M734.06M
ResearchAndDevelopment783.14M935.15M438.35M365.16M
SellingGeneralAndAdministration783.16M802.03M394.83M368.90M
SellingAndMarketingExpense503.86M350.58M230.18M225.08M
GeneralAndAdministrativeExpense279.30M451.45M164.66M143.82M
OtherGandA279.30M451.45M164.66M143.82M
GrossProfit2.01B1.18B693.02M561.90M
CostOfRevenue194.22M123.59M111.01M104.80M
TotalRevenue2.20B1.30B804.03M666.70M
OperatingRevenue2.06B1.19B788.78M652.56M
Line Item2025-12-312024-12-312023-12-312022-12-31
OrdinarySharesNumber190.89M180.32M158.99M158.99M
ShareIssued190.89M180.32M158.99M158.99M
TotalDebt23.21M26.70M25.75M19.49M
TangibleBookValue2.87B2.06B-469.54M-446.60M
InvestedCapital2.93B2.13B-412.92M-379.06M
WorkingCapital2.86B2.05B1.35B1.38B
NetTangibleAssets2.87B2.06B-469.54M-446.60M
CapitalLeaseObligations23.21M26.70M25.75M19.49M
CommonStockEquity2.93B2.13B-412.92M-379.06M
TotalCapitalization2.93B2.13B-412.92M-379.06M
TotalEquityGrossMinorityInterest2.93B2.13B-412.92M-379.06M
StockholdersEquity2.93B2.13B-412.92M-379.06M
GainsLossesNotAffectingRetainedEarnings4.36M24.00K814.00K-3.79M
OtherEquityAdjustments4.36M24.00K814.00K-3.79M
TreasuryStock0.00
RetainedEarnings-671.12M-1.20B-716.56M-625.74M
AdditionalPaidInCapital3.60B3.33B302.82M250.46M
CapitalStock19.00K17.00K6.00K6.00K
CommonStock19.00K17.00K6.00K6.00K
PreferredStock0.000.000.00
TotalLiabilitiesNetMinorityInterest310.13M205.85M2.01B1.98B
TotalNonCurrentLiabilitiesNetMinorityInterest38.85M29.82M1.88B1.87B
OtherNonCurrentLiabilities106.00K157.00K287.00K7.14M
PreferredSecuritiesOutsideStockEquity0.001.85B1.85B1.85B
NonCurrentAccruedExpenses22.55M9.10M
TradeandOtherPayablesNonCurrent0.00
LongTermDebtAndCapitalLeaseObligation16.19M20.57M22.04M11.69M
LongTermCapitalLeaseObligation16.19M20.57M22.04M11.69M
CurrentLiabilities271.28M176.02M133.57M106.46M
OtherCurrentLiabilities16.36M7.46M8.85M5.26M
CurrentDeferredLiabilities18.04M14.80M7.25M8.02M
CurrentDeferredRevenue18.04M14.80M7.25M8.02M
CurrentDebtAndCapitalLeaseObligation7.02M6.14M3.71M7.80M
CurrentCapitalLeaseObligation7.02M6.14M3.71M7.80M
PensionandOtherPostRetirementBenefitPlansCurrent74.75M63.44M37.96M31.42M
PayablesAndAccruedExpenses155.11M84.18M75.80M53.96M
CurrentAccruedExpenses86.20M31.82M26.74M21.01M
Payables68.91M52.36M49.06M32.94M
OtherPayable5.98M6.94M2.55M
AccountsPayable62.93M45.42M46.51M32.94M
TotalAssets3.24B2.34B1.60B1.60B
TotalNonCurrentAssets103.16M113.18M114.95M115.78M
OtherNonCurrentAssets11.99M9.70M19.38M2.01M
NonCurrentPrepaidAssets962.00K1.33M659.00K
NonCurrentDeferredAssets16.48M14.36M6.25M
InvestmentsAndAdvances0.00
InvestmentinFinancialAssets0.00
HeldToMaturitySecurities0.00
GoodwillAndOtherIntangibleAssets57.67M67.58M56.62M67.54M
OtherIntangibleAssets15.50M25.41M30.32M41.24M
Goodwill42.17M42.17M26.30M26.30M
NetPPE33.50M35.90M38.95M30.54M
AccumulatedDepreciation-16.27M-11.20M-6.79M-6.38M
GrossPPE49.76M47.10M45.74M36.92M
Leases9.36M8.02M7.60M3.91M
ConstructionInProgress0.0083.00K378.00K
OtherProperties20.79M23.25M24.01M23.35M
MachineryFurnitureEquipment19.61M15.83M14.14M9.58M
Properties0.000.000.000.00
CurrentAssets3.14B2.22B1.48B1.48B
OtherCurrentAssets69.01M33.06M1.59M1.25M
PrepaidAssets14.58M11.93M17.05M24.66M
Receivables590.16M349.53M253.04M199.08M
OtherReceivables11.50M4.70M4.28M464.00K
AccruedInterestReceivable4.70M3.07M2.82M308.00K
AccountsReceivable590.16M349.53M245.28M191.99M
CashCashEquivalentsAndShortTermInvestments2.48B1.84B1.21B1.27B
OtherShortTermInvestments1.52B1.28B811.95M830.73M
CashAndCashEquivalents953.57M562.09M401.18M435.81M
Line Item2025-12-312024-12-312023-12-312022-12-31
FreeCashFlow684.17M215.82M-84.84M-100.25M
RepurchaseOfCapitalStock0.00-95.19M
IssuanceOfCapitalStock0.00600.02M0.000.00
CapitalExpenditure-6.71M-6.25M-9.72M-6.23M
IncomeTaxPaidSupplementalData745.00K164.00K
EndCashPosition953.57M562.14M401.23M435.86M
BeginningCashPosition562.14M401.23M435.86M1.34B
ChangesInCash391.43M160.92M-34.63M-901.99M
FinancingCashFlow-80.56M379.54M-811.00K-3.78M
CashFlowFromContinuingFinancingActivities-80.56M379.54M-811.00K-3.78M
NetOtherFinancingCharges-105.63M-309.46M-9.24M-10.82M
ProceedsFromStockOptionExercised25.07M88.97M8.43M7.03M
NetPreferredStockIssuance0.001.24B
PreferredStockIssuance0.001.24B
NetCommonStockIssuance0.00600.02M0.000.00
CommonStockPayments0.00-95.19M
CommonStockIssuance0.00600.02M0.000.00
InvestingCashFlow-218.89M-440.69M41.29M-804.18M
CashFlowFromContinuingInvestingActivities-218.89M-440.69M41.29M-804.18M
NetOtherInvestingChanges3.01M5.82M172.00K-64.00K
NetInvestmentPurchaseAndSale-215.19M-423.12M50.84M-755.69M
SaleOfInvestment2.08B1.57B1.31B674.90M
PurchaseOfInvestment-2.30B-2.00B-1.26B-1.43B
NetBusinessPurchaseAndSale0.00-17.14M0.00-42.20M
PurchaseOfBusiness0.00-17.14M0.00-42.20M
NetIntangiblesPurchaseAndSale6.87M0.000.00-5.00M
SaleOfIntangibles6.87M0.000.00
PurchaseOfIntangibles-203.00K-5.00M
NetPPEPurchaseAndSale-6.71M-6.25M-9.72M-6.23M
PurchaseOfPPE-6.71M-6.25M-9.72M-6.23M
OperatingCashFlow690.88M222.07M-75.11M-94.02M
CashFlowFromContinuingOperatingActivities690.88M222.07M-75.11M-94.02M
ChangeInWorkingCapital-176.81M-67.47M-29.99M-10.08M
ChangeInOtherWorkingCapital-7.22M-2.40M-5.76M-10.32M
ChangeInOtherCurrentLiabilities-1.23M
ChangeInPayablesAndAccruedExpense108.86M58.69M25.21M32.39M
ChangeInAccruedExpense90.69M59.26M12.74M21.48M
ChangeInPayable18.17M-570.00K12.47M10.90M
ChangeInAccountPayable18.17M-570.00K12.47M10.90M
ChangeInPrepaidAssets-37.08M-19.48M3.88M-1.91M
ChangeInReceivables-241.36M-104.28M-53.32M-30.23M
ChangesInAccountReceivables-241.36M-104.28M-53.32M-30.23M
OtherNonCashItems7.04M-77.00K11.84M14.56M
StockBasedCompensation343.18M801.65M47.60M55.31M
ProvisionandWriteOffofAssets24.00K-169.00K
AssetImpairmentCharge3.38M879.00K
AmortizationOfSecurities-28.21M-43.40M-27.44M-3.26M
DepreciationAmortizationDepletion15.95M15.64M13.70M8.00M
DepreciationAndAmortization15.95M15.64M13.70M8.00M
NetIncomeFromContinuingOperations529.72M-484.28M-90.82M-158.55M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RDDT
Date User Asset Broker Type Position Size Entry Price Patterns