REDDIT, INC. |
Market Closed -
Other stock markets
|
After market 05:53:42 pm | |||
| 53.53 USD | +6.82% |
|
53.44 | -0.18% |
| May. 09 | Steve Huffman, CEO of Reddit: New growth drivers | MT |
| May. 09 | Goldman Sachs Adjusts Price Target on Reddit to $55 From $40, Maintains Neutral Rating | MT |
Valuation
| Fiscal Period: December | 2024 | 2025 | 2026 |
|---|---|---|---|
| Capitalization 1 | 8,193 | - | - |
| Enterprise Value (EV) 1 | 7,498 | 7,447 | 7,370 |
| P/E ratio | -10.9 x | -73.9 x | 642 x |
| Yield | - | - | - |
| Capitalization / Revenue | 7.51 x | 6.14 x | 5.01 x |
| EV / Revenue | 6.87 x | 5.58 x | 4.51 x |
| EV / EBITDA | 70.2 x | 37.2 x | 23.6 x |
| EV / FCF | 85.4 x | 64.1 x | 28.3 x |
| FCF Yield | 1.17% | 1.56% | 3.54% |
| Price to Book | 3.73 x | 3.77 x | 3.23 x |
| Nbr of stocks (in thousands) | 163,509 | - | - |
| Reference price 2 | 50.11 | 50.11 | 50.11 |
| Announcement Date | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net sales 1 | - | 1,091 | 1,334 | 1,635 |
| EBITDA 1 | - | 106.8 | 200.1 | 312.8 |
| EBIT 1 | - | -744.4 | -61.41 | 81.13 |
| Operating Margin | - | -68.22% | -4.6% | 4.96% |
| Earnings before Tax (EBT) 1 | - | -704.9 | -82.55 | 65.88 |
| Net income 1 | -90.82 | -689.8 | -54.56 | 75.7 |
| Net margin | - | -63.21% | -4.09% | 4.63% |
| EPS 2 | -1.540 | -4.587 | -0.6785 | 0.0781 |
| Free Cash Flow 1 | - | 87.75 | 116.2 | 260.8 |
| FCF margin | - | 8.04% | 8.71% | 15.95% |
| FCF Conversion (EBITDA) | - | 82.19% | 58.09% | 83.37% |
| FCF Conversion (Net income) | - | - | - | 344.53% |
| Dividend per Share 2 | - | - | - | - |
| Announcement Date | 2/5/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|
| Net sales 1 | 243 | 253.7 | 275.9 | 318.6 | 284.3 | 310.1 |
| EBITDA 1 | 10.02 | 13.22 | 22.84 | 52.93 | 15.91 | 26.01 |
| EBIT 1 | -589.3 | -49.6 | -42.19 | -17.85 | -49.11 | -33.09 |
| Operating Margin | -242.53% | -19.55% | -15.29% | -5.6% | -17.27% | -10.67% |
| Earnings before Tax (EBT) 1 | -574.7 | -48.62 | -44.76 | -17.57 | -61.04 | -35.74 |
| Net income 1 | -575.1 | -46.42 | -38.93 | -13.76 | -49.3 | -27.67 |
| Net margin | -236.69% | -18.3% | -14.11% | -4.32% | -17.34% | -8.92% |
| EPS 2 | -8.190 | -0.3029 | -0.2656 | -0.1164 | -0.3843 | -0.3094 |
| Dividend per Share 2 | - | - | - | - | - | - |
| Announcement Date | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Net Debt 1 | - | - | - | - |
| Net Cash position 1 | - | 696 | 746 | 823 |
| Leverage (Debt/EBITDA) | - | - | - | - |
| Free Cash Flow 1 | - | 87.8 | 116 | 261 |
| ROE (net income / shareholders' equity) | - | -96.8% | -4.45% | 1.79% |
| ROA (Net income/ Total Assets) | - | -36.9% | -4.46% | 1.8% |
| Assets 1 | - | 1,872 | 1,224 | 4,209 |
| Book Value Per Share 2 | - | 13.40 | 13.30 | 15.50 |
| Cash Flow per Share 2 | - | 0.6500 | 1.150 | 1.730 |
| Capex 1 | - | 8.87 | 6.72 | 8.2 |
| Capex / Sales | - | 0.81% | 0.5% | 0.5% |
| Announcement Date | 2/5/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
50.11
USD
Average target price
59.6
USD
Spread / Average Target
+18.94%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| 0.00% | 8.19B | |
| +26.36% | 439B | |
| +25.47% | 264B | |
| +8.80% | 141B | |
| +7.48% | 93.43B | |
| +25.85% | 90.41B | |
| +56.78% | 59.45B | |
| +16.13% | 47.5B | |
| +2.85% | 37.3B | |
| +20.84% | 36.11B |
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