'Mad Money' host Jim Cramer digs into recent results from social media company Reddit.
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women. The investment gives him an ownership stake in two of the most-valuable teams in women's sports.
Recently, Zacks.com users have been paying close attention to Reddit Inc. (RDDT). This makes it worthwhile to examine what the stock has in store.
Reddit's Q1 FY25 earnings beat expectations, but a post-earnings dip due to search algorithm changes presents a buying opportunity. Impressive 61% YoY revenue growth, GAAP profitability, and strong international expansion highlight Reddit's robust financial performance and growth potential. Reddit's ARPU is significantly lower than competitors, indicating substantial untapped monetization potential as they refine their advertising capabilities.
Reddit (RDDT 2.27%) reported fantastic results when it provided investors with a quarterly update.
Reddit, Inc.'s Q1 2025 earnings showcased a 61% YoY revenue growth alongside expanding DAUs and margins, beating analyst expectations. Better-than-expected results led to upward revisions in revenue and profit expectations through 2027, with 2025 revenue projections at $1.82 billion and 2027 estimates nearing $3 billion. Despite a -4% post-earnings RDDT stock dip, Reddit's cultural relevance and operational strength present a compelling buying opportunity, with shares expected to rise over the coming months.
The most exciting quarter of the year is now being reported for some of the biggest companies in the stock market today. Still, despite some positive results being floated out there, some stocks (and their price action) simply haven't reacted according to what is happening underneath the hood of their businesses, creating a massive opportunity for investors.
Reddit Inc. shares jumped after it said revenue in the current quarter will be better than estimates, a sign that a broader dip in the economy hasn't yet dented the digital advertising industry. The web forum company says its adding more advertisers and expanding access.
Shares of Reddit (NYSE:RDDT) jumped as much as 19% in after-hours trading on Thursday after the social media company posted better-than-expected first-quarter results and issued an upbeat outlook. The company said daily active uniques (DAUq), its key user metric, grew 31% year-over-year to 108.1 million.
Reddit, Inc. (NYSE:RDDT ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Jesse Rose - Head, IR Steven Huffman - Co-Founder and CEO Jennifer Wong - COO Andrew Vollero - CFO Conference Call Participants Ron Josey - Citi Andrew Boone - JMP Securities Benjamin Black - Deutsche Bank Tom Champion - Piper Sandler Ken Gawrelski - Wells Fargo John Colantuoni - Jefferies Eric Sheridan - Goldman Sachs Richard Greenfield - LightShed Alan Gould - Loop Capital Dan Salmon - New Street Research Operator [abrupt start] and I will be your conference operator today. At this time, I would like to welcome everyone to Reddit's Q1 2025 Earnings Call.
While the top- and bottom-line numbers for Reddit Inc. (RDDT) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Reddit's stock surged as much as 19% post-Q1 earnings report, showing strong revenue growth. The company reported a 61% year-over-year revenue increase, marking consistent growth.