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 37 days
Can Reddit's Solid Q3 Earnings & Revenue Beat Drive the Stock?

Can Reddit's Solid Q3 Earnings & Revenue Beat Drive the Stock?

RDDT's third-quarter 2024 results benefit from strong user growth, higher ARPU and AI-powered services.

Zacks | 1 year ago
Why Reddit Stock Is Surging Today

Why Reddit Stock Is Surging Today

What's driving Reddit's stock to new heights today? Check out how the social discussion forum crushed analysts' expectations in the third quarter.

Fool | 1 year ago
Reddit Stock Surges Nearly 40% Toward Best Day Ever After Revenue Beats Estimates

Reddit Stock Surges Nearly 40% Toward Best Day Ever After Revenue Beats Estimates

Reddit reported an increase in third-quarter revenue that exceeded analyst expectations, sending the social media company's stock soaring Wednesday toward its best day since going public in March, as analysts say the firm is benefitting from new search algorithms and other licensing deals.

Forbes | 1 year ago
Why Reddit Stock's an Even Bigger Buy After Earnings

Why Reddit Stock's an Even Bigger Buy After Earnings

Reddit stock is soaring Wednesday after the social media firm's blowout earnings report and upbeat guidance and analysts are rushing to raise price targets.

Kiplinger | 1 year ago
Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook

Reddit Stock Jumps 40% on Surprise Profit, Buoyant Outlook

Reddit (RDDT) shares are surging Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.

Investopedia | 1 year ago
Reddit: Astronomical Rally Potential As This Company Expands Beyond English

Reddit: Astronomical Rally Potential As This Company Expands Beyond English

Reddit's Q3 results exceeded expectations, with revenue up 68% y/y and DAUs growing 47% y/y, driving shares up 20% post-earnings. The company has particular advantages and potential in international markets, where machine translation has proven successful in France and Spain. It's planning to roll out local language translation to over 30 countries through 2025. With international representing less than 20% of current revenue, this is a major near-term growth driver.

Seekingalpha | 1 year ago
2 Social Media Stocks Surging After Earnings

2 Social Media Stocks Surging After Earnings

Shares of social-media companies Reddit Inc (NYSE:RDDT) and Snap Inc (NYSE:SNAP) are surging today after earnings.

Schaeffersresearch | 1 year ago
Reddit shares soar 35% on profitability, rosy guidance

Reddit shares soar 35% on profitability, rosy guidance

Reddit shares popped Wednesday, one day after it reported third-quarter results that beat Wall Street's expectations. The company reported revenue of $348.4 million, up 68% from a year earlier.

Cnbc | 1 year ago
‘Rocketship' Reddit's third-quarter results a real ‘Jekyll and Hyde' story, says Bernstein

‘Rocketship' Reddit's third-quarter results a real ‘Jekyll and Hyde' story, says Bernstein

Reddit Inc.'s better-than-expected third-quarter results highlight the social-media platform's strong growth potential, analysts say.

Marketwatch | 1 year ago
RDDT's Big Rally, LLY Plunges on Mounjaro & Zepbound Sales Miss

RDDT's Big Rally, LLY Plunges on Mounjaro & Zepbound Sales Miss

The morning's biggest winner is Reddit (RDDT) after the social media platform turned a profit and reported higher-than-expected guidance. Eli Lilly (LLY) reported an "uncharacteristic" miss despite Mounjaro drug sales more than doubling over a year.

Youtube | 1 year ago
Reddit Stock Jumps on Surprise Profit, Buoyant Outlook

Reddit Stock Jumps on Surprise Profit, Buoyant Outlook

Reddit (RDDT) shares are surging 24% in premarket trading Wednesday after the social media firm posted its first quarterly profit as a public company with higher-than-estimated results and a rosy fourth-quarter outlook.

Investopedia | 1 year ago
Reddit Price Levels to Watch as Stock Surges on Strong Earnings, Outlook

Reddit Price Levels to Watch as Stock Surges on Strong Earnings, Outlook

Reddit (RDDT) shares surged in premarket trading on Wednesday after the company reported earnings that topped estimates and provided a better-than-expected outlook amid robust digital advertising spending and lucrative artificial intelligence (AI) content licensing deals.

Investopedia | 1 year ago
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