Reddit, Inc. Class A Common Stock logo

Reddit, Inc. Class A Common Stock (RDDT)

Market Closed
5 Dec, 20:00
NYSE NYSE
$
234. 11
+11.36
+5.1%
$
42.33B Market Cap
- P/E Ratio
0% Div Yield
5,937,181 Volume
- Eps
$ 222.75
Previous Close
Day Range
224.64 237.47
Year Range
79.75 282.95
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Earnings results expected in 36 days
Reddit shares soar 16% on earnings beat and better-than-expected forecast

Reddit shares soar 16% on earnings beat and better-than-expected forecast

Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.

Cnbc | 1 year ago
Reddit's results are on deck. Analysts expect ad strength and growth in online spending.

Reddit's results are on deck. Analysts expect ad strength and growth in online spending.

Reddit reports its third quarterly results as a public company after market close on Tuesday amid expectations of ad strength and healthy online spending growth.

Marketwatch | 1 year ago
Reddit, Snap Kick Off Social Media Earnings With Meta On Deck. Here's What To Watch.

Reddit, Snap Kick Off Social Media Earnings With Meta On Deck. Here's What To Watch.

Earnings are due for Snap stock and Reddit as the social media players look to gain ground on their much larger rival Meta.

Investors | 1 year ago
Is Reddit Inc. (RDDT) a Buy as Wall Street Analysts Look Optimistic?

Is Reddit Inc. (RDDT) a Buy as Wall Street Analysts Look Optimistic?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Zacks | 1 year ago
What You Need to Know Ahead of Reddit's Earnings Tuesday

What You Need to Know Ahead of Reddit's Earnings Tuesday

Reddit (RDDT) is set to report earnings after the bell on Tuesday, with analysts expecting revenue growth, but a slightly larger net loss than it recorded the same time last year before the social media company went public.

Investopedia | 1 year ago
Why Reddit Inc. (RDDT) Dipped More Than Broader Market Today

Why Reddit Inc. (RDDT) Dipped More Than Broader Market Today

Reddit Inc. (RDDT) reachead $77.29 at the closing of the latest trading day, reflecting a -1.6% change compared to its last close.

Zacks | 1 year ago
Reddit CEO says the platform is in an 'arms race' for AI training

Reddit CEO says the platform is in an 'arms race' for AI training

Reddit CEO Steve Huffman said the company is working to find its place in the AI "arms race." The platform has become a power player in the race to train AI models.

Businessinsider | 1 year ago
Monster insider trading alert for Reddit stock

Monster insider trading alert for Reddit stock

Despite its strong performance, Reddit's (NYSE: RDDT) stock has been plagued by its suspected meme stock status and the lack of a lockup period for its executives after the initial public offering (IPO).

Finbold | 1 year ago
Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads

Reddit Q3 Preview: Licensing The Next Growth Catalyst After Ads

Reddit's stock has risen over 25% since my initial "buy" rating, driven by strong advertising and data licensing revenue after it signed a partnership with OpenAI to improve user innovation. Its Q2 FY24 earnings showed 54% YoY revenue growth and a 3300 basis point margin expansion, with DAUq reaching an all-time high of 91.2M. Key growth drivers include international expansion, targeted product investments to deepen user engagement and build advertiser relationships, and data licensing agreements, particularly with OpenAI and Sprinklr.

Seekingalpha | 1 year ago
Advertising Growth key for Reddit (RDDT)

Advertising Growth key for Reddit (RDDT)

Megan Brantley from @LikeFolio shares their research on Reddit (RDDT) as the social media company competes with Meta Platforms (META), Snap (SNAP) and even Tiktok. "Overall, we see a mixed bag," she says before pointing to the significance of its advertising revenue business.

Youtube | 1 year ago
Reddit Inc. (RDDT) Advances While Market Declines: Some Information for Investors

Reddit Inc. (RDDT) Advances While Market Declines: Some Information for Investors

In the most recent trading session, Reddit Inc. (RDDT) closed at $75.17, indicating a +0.4% shift from the previous trading day.

Zacks | 1 year ago
Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet

Brokers Suggest Investing in Reddit Inc. (RDDT): Read This Before Placing a Bet

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Zacks | 1 year ago
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