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NYSE: RDDT
Reddit Inc Stock

$62.34+4.15 (+7.13%)
Updated May 14, 2024
Why Price Moved
RDDT Price
$62.34
Fair Value Price
N/A
Market Cap
$10.19B
52 Week Low
$37.35
52 Week High
$74.90
P/E
N/A
P/B
5.54x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
N/A
Earnings
N/A
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.1
Operating Cash Flow
N/A
Beta
1.54
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

Zen Score

Industry Average (25)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how RDDT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

RDDT is good value based on its book value relative to its share price (5.54x), compared to the US Software - Application industry average (6.51x)
P/B vs Industry Valuation
RDDT's short-term assets ($1.92B) exceed its short-term liabilities ($156.49M)
Short-term Liabilities Financials
RDDT's short-term assets ($1.92B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
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RDDT News

Valuation

RDDT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
5.54x
Industry
6.51x
RDDT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

RDDT's financial health

Profit margin

Revenue
$243.0M
Net Income
-$575.1M
Profit Margin
-236.7%

Assets to liabilities

Assets
$2.0B
Liabilities
$177.6M
Debt to equity
0.1
RDDT's short-term assets ($1.92B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
RDDT's short-term assets ($1.92B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
RDDT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$32.1M
Investing
$114.1M
Financing
$421.2M

RDDT vs App Stocks

TickerMarket Cap1d %P/EP/B
RDDT$10.19B+7.13%N/A5.54x
PAYC$10.14B+0.25%21.26x7.05x
PCOR$9.94B+0.18%-70.03x8.33x
GWRE$9.92B+2.39%-192.08x7.90x
DAY$9.81B+0.40%182.65x4.03x

Reddit Stock FAQ

What is Reddit's quote symbol?

(NYSE: RDDT) Reddit trades on the NYSE under the ticker symbol RDDT. Reddit stock quotes can also be displayed as NYSE: RDDT.

If you're new to stock investing, here's how to buy Reddit stock.

What is the 52 week high and low for Reddit (NYSE: RDDT)?

(NYSE: RDDT) Reddit's 52-week high was $74.90, and its 52-week low was $37.35. It is currently -16.77% from its 52-week high and 66.91% from its 52-week low.

How much is Reddit's stock price per share?

(NYSE: RDDT) Reddit stock price per share is $62.34 today (as of May 14, 2024).

What is Reddit's Market Cap?

(NYSE: RDDT) Reddit's market cap is $10.19B, as of May 15, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Reddit's market cap is calculated by multiplying RDDT's current stock price of $62.34 by RDDT's total outstanding shares of 163,509,256.
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