Reddit Inc Class A (RDDT)
A growing digital ad market is benefiting giants like Meta and smaller players like Reddit
The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. "Advertisers feel like consumers are susceptible to advertising and are investing in that," said Gil Luria, head of tech research at investment banking firm D.A.
Reddit: Buy The Earnings Pullback (Rating Upgrade)
Reddit shares dropped 15% post-earnings despite strong results, presenting a potential buying opportunity for long-term investors. Q4 2024 saw revenues of $428 million, a 71% increase, crushing street estimates yet again, while reporting strong bottom-line improvement. Current quarter guidance was above expectations, and RDDT's improving financials suggest the potential for S&P 500 inclusion.
Google's Symbiotic Relationship with Reddit
Reddit COO Jen Wong speaks about the benefits of Google's impact on the company as they post fourth quarter earnings that missed analyst estimates. He joins Caroline Hyde and Jackie Davalos on "Bloomberg Technology".
Reddit Posts Solid Q4, Analysts Expect AI Language Translations To Grow Daily Active Users
Shares of Reddit Inc RDDT tanked in early trading on Thursday, despite the company reporting upbeat fourth-quarter results.
Reddit stock falls despite strong Q4 earnings report
Reddit (RDDT) shares slip lower Thursday morning after the social media platform beat fourth quarter revenue and earnings estimates, while daily active users fell below expectations (101.7 million vs. analyst consensus forecasts for 103.8 million).
Reddit Q4 Earnings & Revenues Top Estimates: Buy, Sell or Hold Stock?
RDDT's fourth-quarter 2024 results benefit from strong top and bottom-line growth, rising user numbers, and international expansion.
Reddit Tanks After Q4 Earnings: Why I'm Doubling Down
Reddit's Q4 earnings showed strong growth and profitability, but user growth fell short of analyst expectations, leading to a stock sell-off. Despite the dip, Reddit remains a long-term powerhouse with potential for significant upside, targeting a share price of $330 by 2028. Reddit's international expansion, robust revenue growth, and new advertising streams bolster its future prospects, making it a strong buy.
Reddit: A Chance To Load Up On The Dramatic Nosedive
Reddit, Inc. stock nosedived post-Q4 earnings Wednesday, trading as much as 15% lower pre-market on one thing: DAUq missed Wall Street expectations at 101.7M versus 103.1M. We think this was a one-time hit due to changes in Google's algorithm, with Google accounting for 40-50% of Reddit's traffic. It's safe to say this vulnerability got priced in. We think the market's reaction was dramatic.
2 Stocks Losing Ground After Earnings
Shares of Reddit Inc (NYSE:RDDT) and Deere & Co (NYSE:DE) are taking a hit after earnings, tumbling as investors react to their latest results.
Reddit's Google traffic ‘curveball' is a buying opportunity for investors, analyst says
Reddit said its user-growth numbers were affected by Google search “volatility” triggered by an algorithmic change.
Reddit shares slump 6% on daily active user miss
Reddit shares dropped more than 6% after reporting weak user growth in the fourth quarter. Reddit CEO Steve Huffman said that the company experienced some "volatility" in user growth as a result of a Google search algorithm tweak.
Reddit Stock At $200: Is It Time To Buy Or Sell?
Reddit (NYSE: RDDT) recently announced its Q4 earnings, reporting a profit of $0.36 per share on revenue of $428 million. This exceeded market expectations of $0.25 per share and $405 million in revenue.
