Full chart
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
Market capitalization
9.75 BUSD
—
—
−3.51USD
−90.82 MUSD
804.03 MUSD
74.67 M
Beta (1Y)
3.64
About Reddit
Sector
Industry
CEO
Steven Ladd Huffman
Website
Headquarters
San Francisco
Employees (FY)
2.01 K
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.
Performance
Revenue to profit conversion
Debt level and coverage
Earnings
Next:—
0.00
$RDDT Bear Flag setupNYSE:RDDT is a recently released IPO for everyone favorite forum board Reddit. Upon its release we saw a sharp dip that then turned into a massive rally to test the recent high. This high as you can see was rejected and the upward trend line was broken!! We then have price action trailing off until
Short
Trouble ahead for RDDT?Resistance has formed at 53.97 and 57.44. In the short term, I expect RDDT to continue it's downtrend until it can prove to me it's bullish by breaking hard beyond 53.97 then 57.44.Will be sitting on the sidelines til then or otherwise!
Short
RDDT Trending BasicsHere are the best timeframes to use on RDDT mostly because we don't have a ton of data on it yet. In this tutorial, I will explain all 3 timeframes and how to use them in your analysis. Enjoy!
Hot Stocks to Watch for Week ending 7/12/2024In this video i break down my favorite picks for week ending 7/12/2024. Im looking to play the majority of these with options! come follow along as we have a diverse group that we analyze each and every week!
RDDTHere's what's going on right now with RDDT on the 4 hour chart. We need to see this demand zone hold on the pullback and then a break above close above the previous high.Always understand the context of the highest timeframe before you apply any trading strategy.
Long
11
BULL ON REDDIT (RDDT)Price is currently sitting on multiple significant AVWAP at 50% Fib level. Volume distribution has been light from the move up mid-Jun. I will start a small position here, add on if uptrend is confirmed.
Long
44
RDDT Option trading arbitrageCurrent price 60.90$Puts for 21st of June @60 cost 110@ per contract. 100 contracts=10K$ investment,We can immodestly cover the position with 2000/2500 stocks @61 depending on the risk tolerance of the trader. My personal choice is not covering the whole position since I am expecting my main posi
Short
88
RDDTFor those who want to make short-term profits in American stocks, take a look at RDDT stock. If you observe closely, you will see two consecutive bullish patterns. However, this pattern is breaking out, raising the high and low, anticipating a breakout to reach new all-time highs following the momen
Long
Long
Reddit coffeeAwww, Reddit has it's first Cup and Handle
Long
Keep reading
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
The current price of
RDDT
is
60.03
USD
— it has increased by
2.18
% in the past 24 hours. Watch
stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on
NYSE
exchange
stocks are traded under the ticker
RDDT
.
RDDT
stock has risen by
6.23
% compared to the previous week, the month change is a
1.09
% rise, over the last year
has showed a
27.72
% increase.
We've gathered analysts' opinions on
future price: according to them,
RDDT
price has a max estimate of
84.00
USD
and a min estimate of
50.00
USD
. Watch
RDDT chartand read a more detailed
Reddit stock forecast: see what analysts think of
and suggest that you do with its stocks.
RDDT
reached its all-time high on
Jul 15, 2024
with the price of
78.08
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.
RDDT
stock is
3.31
% volatile and has beta coefficient of
3.64
. Track
stock price on the chart and check out the list of the most volatile stocks — is
there?
Today
has the market capitalization of
9.75 B
, it has increased by
0.13
% over the last week.
Yes, you can track
Reddit financialsin yearly and quarterly reports right on TradingView.
is going to release the next earnings report on
Oct 30, 2024
. Keep track of upcoming events with our Earnings Calendar.
RDDT
earnings for the last quarter are
−0.06
USD
per share, whereas the estimation was
−0.32
USD
resulting in a
81.17
% surprise. The estimated earnings for the next quarter are
−0.10
USD
per share. See more details about
Reddit earnings.
for the last quarter amounts to
281.18 M
USD
, despite the estimated figure of
253.86 M
USD
. In the next quarter, revenue is expected to reach
309.39 M
USD
.
RDDT
net income for the last quarter is
−10.10 M
USD
, while the quarter before that showed
−575.07 M
USD
of net income which accounts for
98.24
% change. Track more
Reddit financial statsto 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
Aug 31, 2024
, the company has
2.01 K
employees. See our rating of the largest employees — is
on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company.
EBITDA is
−622.31 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
stock right from TradingView charts — choose your broker and connect to your account.
