R
73.25
3.35 (4.79%)
| Previous Close | 69.90 |
| Open | 69.95 |
| Volume | 5,072,219 |
| Avg. Volume (3M) | 4,003,906 |
| Market Cap | 12,150,417,408 |
| Price / Sales | 9.78 |
| Price / Book | 6.33 |
| 52 Weeks Range | |
| Earnings Date | 29 Oct 2024 |
| Profit Margin | -58.49% |
| Operating Margin (TTM) | -11.04% |
| Diluted EPS (TTM) | -3.47 |
| Quarterly Revenue Growth (YOY) | 53.60% |
| Total Debt/Equity (MRQ) | 1.48% |
| Current Ratio (MRQ) | 12.42 |
Market Trend
| Short Term | Medium Term | ||
| Industry | Internet Content & Information (US) | Bearish | Bearish |
| Internet Content & Information (Global) | Bearish | Bearish | |
| Stock | Reddit, Inc. | Bullish | - |
Stockmoo Score
1.4
| Analyst Consensus | 1.5 |
| Insider Activity | NA |
| Price Volatility | -0.5 |
| Technical Moving Averages | 2.5 |
| Technical Oscillators | 2.0 |
| Average | 1.38 |
|
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others. |
|
| Sector | Communication Services |
| Industry | Internet Content & Information |
| Investment Style | Mid Growth |
| % Held by Insiders | 23.08% |
| % Held by Institutions | 33.56% |
Ownership
| Name | Date | Shares Held |
|---|---|---|
| Vy Capital Management Co. Ltd. | 30 Sep 2024 | 7,196,649 |
| Inclusive Capital Partners, L.P. | 30 Jun 2024 | 2,089,430 |
| Summit Partners Public Asset Management, Llc | 30 Jun 2024 | 1,627,828 |
| Valor Management Llc | 30 Jun 2024 | 1,336,824 |
| Holocene Advisors, Lp | 30 Jun 2024 | 1,082,868 |
| Maverick Capital Ltd | 30 Jun 2024 | 742,145 |
| Long Walk Management Lp | 30 Jun 2024 | 557,500 |
| 52 Weeks Range | ||
| Price Target Range | ||
| High | 90.00 (Jefferies, 22.87%) | Buy |
| Median | 75.00 (2.39%) | |
| Low | 50.00 (Bernstein, -31.74%) | Sell |
| Average | 74.64 (1.90%) | |
| Total | 7 Buy, 3 Hold, 1 Sell | |
| Avg. Price @ Call | 67.23 | |
| Firm | Date | Target Price | Call | Price @ Call |
|---|---|---|---|---|
| Goldman Sachs | 14 Oct 2024 | 68.00 (-7.17%) | Hold | 74.87 |
| Raymond James | 10 Oct 2024 | 80.00 (9.22%) | Buy | 69.90 |
| 31 Jul 2024 | 70.00 (-4.44%) | Buy | 60.85 | |
| Jefferies | 09 Oct 2024 | 90.00 (22.87%) | Buy | 71.00 |
| Needham | 09 Oct 2024 | 85.00 (16.04%) | Buy | 71.00 |
| 18 Sep 2024 | 75.00 (2.39%) | Buy | 63.66 | |
| JP Morgan | 07 Oct 2024 | 77.00 (5.12%) | Hold | 70.44 |
| B. Riley Securities | 20 Sep 2024 | 75.00 (2.39%) | Buy | 66.17 |
| Loop Capital | 01 Aug 2024 | 75.00 (2.39%) | Buy | 59.38 |
| JMP Securities | 30 Jul 2024 | 84.00 (14.68%) | Buy | 58.44 |
| Roth MKM | 26 Jul 2024 | 67.00 (-8.53%) | Buy | 62.36 |
| Morgan Stanley | 23 Jul 2024 | 70.00 (-4.44%) | Hold | 67.84 |
| Bernstein | 22 Jul 2024 | 50.00 (-31.74%) | Sell | 68.13 |
| Show more | ||||
No data within this time range.
| Date | Type | Details |
|---|---|---|
| 03 Oct 2024 | Announcement | Reddit to Announce Third Quarter 2024 Results on Tuesday, October 29, 2024 |
| 23 Aug 2024 | TheEdge | Reddit battles Meta and Google using ads based on topics — not user data |
| 19 Aug 2024 | Announcement | Reddit to Participate in Goldman Sachs Communacopia + Technology Conference |
| 06 Aug 2024 | Announcement | Reddit Announces Second Quarter 2024 Results |
| 01 Aug 2024 | TheEdge | Reddit blocks Microsoft from searching site without paying |
| 01 Aug 2024 | TheEdge | Reddit acquires generative AI start-up Memorable |
The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.
Portfolio
| Realized Profit | - |
| Unrealized Profit | - |
| Dividend Received 2024 | - |
| Total Profit | - |
| Avg. Return | - |
| Quantity (Buy) | - |
| Avg. Price (Buy) | - |
| Quantity (Sold) | - |
| Avg. Price (Sold) | - |