Next report date
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−3.30USD
−90.82 MUSD
804.03 MUSD
74.35 M
About Reddit
Sector
Industry
CEO
Steven Ladd Huffman
Website
Headquarters
San Francisco
FIGI
BBG005K1D4S0
Reddit is an American social network with news aggregation, content rating, and forum activity. Founded in 2005 by Steve Huffman and Alexis Ohanian, it is operated by Reddit Inc. Headquartered in San Francisco, Reddit has grown to become one of the most influential online platforms, facilitating discussions on a wide range of topics through its network of communities, known as "subreddits." As of February 2024, Reddit features over 16 billion posts and comments created by millions of daily active users. Reddit generates revenue primarily through the sale of advertising space on its platform and optional premium membership plans.
RDDT Reddit Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RDDT Reddit prior to the earnings report this week,
I would consider purchasing the 78usd strike price Puts with
an expiration date of 2024-11-1,
for a premium of approximately $4.70.
If these options prove to be profitable prior to the earnings
SasanSeifi|Can We Expect $80 or More?Hey there, ✌ NYSE:RDDT In the daily time frame, it can be observed that we have experienced an upward trend from the $50 mark, with the price currently moving within an ascending channel. At present, the price is situated at the midline of this channel. The outlook remains predominantly bullish, an
(REDDIT) redditThe price is soaring sky high no problem and no surprise with the well known popularity of reddit.com. This chart only substantiates how important reddit.com is to more than people who are the stereotypical low life characters most often associated with reddit.com.
$RDDT The Bears are Marching InNYSE:RDDT like many other well met IPO's will eventually fall below its lowest price for a much needed liquidity hunt to shake out weak hands.
The bears are attacking this stock and many others right now. Here we have a classic bearish double top forming. We make spike a new high just above 80 or
Reddit ($RDDT) Stock Rallies as Jefferies Rates it a 'Buy'Reddit (NYSE: RDDT) is capturing attention on Wall Street as shares rose on Wednesday following a bullish report from analysts at Jefferies, who initiated coverage with a “buy” rating. The investment firm cited Reddit’s strategic strengths in artificial intelligence (AI) and its growing role in Goog
Reddit increasing value; Indicators showing strength After a dowward movement since July 15th, we got a support and a change direction in early August, however during several days, the price oscillates making a rectangle.
The price cross over the rectangle resistance before FED cut interest rates.
The price went long and we can confirm with volume th
$RDDT Bear Flag setupNYSE:RDDT is a recently released IPO for everyone favorite forum board Reddit. Upon its release we saw a sharp dip that then turned into a massive rally to test the recent high. This high as you can see was rejected and the upward trend line was broken!! We then have price action trailing off until
Trouble ahead for RDDT?Resistance has formed at 53.97 and 57.44. In the short term, I expect RDDT to continue it's downtrend until it can prove to me it's bullish by breaking hard beyond 53.97 then 57.44.
Will be sitting on the sidelines til then or otherwise!
RDDT Trending BasicsHere are the best timeframes to use on RDDT mostly because we don't have a ton of data on it yet.
In this tutorial, I will explain all 3 timeframes and how to use them in your analysis.
Enjoy!
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of RDDT is 109.03 USD — it has decreased by −2.95% in the past 24 hours. Watch Reddit stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Reddit stocks are traded under the ticker RDDT.
RDDT stock has risen by 33.38% compared to the previous week, the month change is a 57.72% rise, over the last year Reddit has showed a 131.98% increase.
We've gathered analysts' opinions on Reddit future price: according to them, RDDT price has a max estimate of 135.00 USD and a min estimate of 70.00 USD. Watch RDDT chart and read a more detailed Reddit stock forecast: see what analysts think of Reddit and suggest that you do with its stocks.
RDDT reached its all-time high on Oct 31, 2024 with the price of 123.60 USD, and its all-time low was 37.35 USD and was reached on Apr 18, 2024. View more price dynamics on RDDT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RDDT stock is 3.95% volatile and has beta coefficient of 2.09. Track Reddit stock price on the chart and check out the list of the most volatile stocks — is Reddit there?
Today Reddit has the market capitalization of 17.20 B, it has increased by 47.65% over the last week.
Yes, you can track Reddit financials in yearly and quarterly reports right on TradingView.
Reddit is going to release the next earnings report on Feb 26, 2025. Keep track of upcoming events with our Earnings Calendar.
RDDT earnings for the last quarter are 0.16 USD per share, whereas the estimation was −0.07 USD resulting in a 320.42% surprise. The estimated earnings for the next quarter are 0.21 USD per share. See more details about Reddit earnings.
Reddit revenue for the last quarter amounts to 348.35 M USD, despite the estimated figure of 313.61 M USD. In the next quarter, revenue is expected to reach 399.30 M USD.
RDDT net income for the last quarter is 29.85 M USD, while the quarter before that showed −10.10 M USD of net income which accounts for 395.60% change. Track more Reddit financial stats to get the full picture.
No, RDDT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 5, 2024, the company has 2.01 K employees. See our rating of the largest employees — is Reddit on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Reddit EBITDA is −595.19 M USD, and current EBITDA margin is −15.73%. See more stats in Reddit financial statements.
Like other stocks, RDDT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Reddit stock right from TradingView charts — choose your broker and connect to your account.