Stock RDDT REDDIT, INC.
Add to a list
To use this feature you must be a member
Log inSign up

Company Reddit, Inc.

Equities

RDDT

US75734B1008

Internet Services

Market Closed - Nyse
Other stock markets
 04:00:43 2024-05-09 pm EDT 		5-day change 1st Jan Change
50.11 USD -2.51% Intraday chart for Reddit, Inc. +5.05% 0.00%
May. 09 Goldman Sachs Adjusts Price Target on Reddit to $55 From $40, Maintains Neutral Rating MT
May. 08 Telecoms Flat After Reddit Earnings - Communications Services Roundup DJ

Business Summary

Reddit, Inc. operates a social platform, Reddit. The Company operates mobile applications and a Website that allows users to form communities and create and share content. Reddit is focused on bringing community, belonging, and empowerment to everyone in the world. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversation, and authentic human connections. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends.

Sales per Business

USD in Million2022Weight2023Weight Delta
Advertising
98.1 %
653 97.9 % 789 98.1 % +20.87%
Other
1.9 %
14 2.1 % 15 1.9 % +7.84%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
81.0 %
549 82.3 % 651 81.0 % +18.66%
Rest of World
19.0 %
118 17.7 % 153 19.0 % +29.65%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 10 122,113,303 0 0 16.87 %
Stock B 1 40,179,787 27,383,683 ( 68.15 %) 0

Shareholders

NameEquities%Valuation
TENCENT HOLDINGS LIMITED
10.77 %
4,327,422 10.77 % 213 M $
Quiet Capital Management LP
7.397 %
2,972,235 7.397 % 147 M $
Jennifer Wong
4.484 %
1,801,767 4.484 % 89 M $
BNY Mellon Investment Adviser, Inc.
3.759 %
1,510,321 3.759 % 74 M $
Steven Huffman
2.477 %
995,255 2.477 % 49 M $
Apollo Projects
1.965 %
789,456 1.965 % 39 M $
Anrew Vollero
1.697 %
681,660 1.697 % 34 M $
Vy Capital Management Co. Ltd. (Venture Capital)
1.007 %
404,569 1.007 % 20 M $
Benjamin Seong Lee
0.6952 %
279,346 0.6952 % 14 M $
DekaBank Deutsche Girozentrale
0.3716 %
149,300 0.3716 % 7 M $
NameEquities%Valuation
Advance Publications, Inc.
34.55 %
42,191,092 34.55 % 2 081 M $
Fidelity Management & Research Co. LLC
9.610 %
11,734,944 9.610 % 579 M $
Apollo Projects
9.310 %
11,369,103 9.310 % 561 M $
TENCENT HOLDINGS LIMITED
9.107 %
11,120,372 9.107 % 548 M $
Vy Capital Management Co. Ltd. (Venture Capital)
5.562 %
6,792,080 5.562 % 335 M $
Quiet Capital Management LP
5.413 %
6,610,551 5.413 % 326 M $
Steven Huffman
3.303 %
4,033,046 3.303 % 199 M $
Robert Sauerberg
0.0386 %
47,087 0.0386 % 2 M $
Michael Seibel
0.0260 %
31,697 0.0260 % 2 M $
Christopher Slowe
0.0123 %
15,000 0.0123 % 739 800 $

Company contact information

Reddit, Inc.

303 2nd Street, South Tower 5th floor

94107, San Francisco

+

http://www.redditinc.com
address Reddit, Inc.(RDDT)

Sector

Technology
Software & IT Services
Software & IT Services
Internet Services
Other Internet Services

Sales per Business

Sales per region

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
50.11 USD
Average target price
58.8 USD
Spread / Average Target
+17.34%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Internet Services

1st Jan change Capi.
REDDIT, INC. Stock Reddit, Inc.
0.00% 8.19B
TENCENT HOLDINGS LIMITED Stock Tencent Holdings Limited
+26.36% 439B
NETFLIX, INC. Stock Netflix, Inc.
+25.72% 264B
UBER TECHNOLOGIES, INC. Stock Uber Technologies, Inc.
+10.33% 141B
AIRBNB, INC. Stock Airbnb, Inc.
+8.01% 93.43B
PROSUS N.V. Stock Prosus N.V.
+25.61% 90.41B
DOORDASH, INC. Stock DoorDash, Inc.
+17.47% 47.5B
COSTAR GROUP, INC. Stock CoStar Group, Inc.
+4.52% 37.3B
NASPERS LIMITED Stock Naspers Limited
+20.84% 36.11B
PINTEREST, INC. Stock Pinterest, Inc.
+15.15% 29.14B
Other Internet Services
  1. Stock Market
  2. Equities
  3. RDDT Stock
  4. Company Reddit, Inc.
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW