Recent Analyst Ratings for Reddit Inc.
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/6/2025 | Neutral | Seaport Research Partners | |
1/22/2025 | $116.00 → $195.00 | Buy → Neutral | ROTH MKM |
12/20/2024 | $210.00 | Buy | Guggenheim |
12/11/2024 | $206.00 | Overweight | Wells Fargo |
12/9/2024 | $70.00 → $200.00 | Equal-Weight → Overweight | Morgan Stanley |
10/9/2024 | $90.00 | Buy | Jefferies |
9/20/2024 | $75.00 | Buy | B. Riley Securities |
8/1/2024 | $75.00 | Hold → Buy | Loop Capital |
7/26/2024 | $61.00 → $67.00 | Buy | ROTH MKM |
7/16/2024 | $75.00 | Buy → Hold | Loop Capital |
Reddit Inc. Press Releases
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Reddit to Present at Upcoming Investor Conferences
Reddit, Inc. (NYSE:RDDT), today announced its participation in two upcoming investor conferences. Jen Wong, Chief Operating Officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference. The Fireside Chat session is scheduled for 1:45 p.m. Eastern Time / 10:45 a.m. Pacific Time on Tuesday, March 4, 2025 Steve Huffman, Co-Founder & CEO, will participate in the Deutsche Bank 33rd Annual Media, Internet & Telecom Conference. The session is scheduled for 8:50 a.m. Eastern Time / 5:50 a.m. Pacific Time on Monday, March 10, 2025 Live audio webcasts of the sessions will be available at Reddit's Investor Relations website at https://investor.redditinc.com and investor
Reddit Announces Fourth Quarter and Full Year 2024 Results
Daily Active Uniques ("DAUq") increased 39% year-over-year to 101.7 million Fourth Quarter Revenue grew 71% year-over-year to $427.7 million Gross margin reached 92.6% for the fourth quarter and 90.5% for the full year Fourth Quarter Net income of $71.0 million, 16.6% of revenue. Diluted EPS of $0.36 Fourth Quarter Adjusted EBITDA1 of $154.3 million, 36.1% of revenue Fourth Quarter Operating cash flow of $90.0 million. Fully diluted shares of 206.2 million, down sequentially Reddit, Inc. (NYSE:RDDT) today announced financial results for the quarter and full year ended December 31, 2024. Reddit's complete financial results and management commentary can be found in its shareholder
Reddit to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 12, 2025
Reddit, Inc. (NYSE:RDDT), announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, February 12, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Wednesday, February 12, 2025, and post responses following the earnings
Reddit Announces Third Quarter 2024 Results
Daily Active Uniques ("DAUq") increased 47% year-over-year to 97.2 million Strong revenue growth of 68% to $348.4 million Achieved GAAP profitability with net income of $29.9 million and net margin of 8.6% Adjusted EBITDA1 of $94.1 million and Adjusted EBITDA1 margin of 27.0% Positive operating cash flow of $71.6 million and Free Cash Flow1 of $70.3 million, invested $66 million to net settle 1.2 million employee shares Reddit, Inc. (NYSE:RDDT) today announced financial results for the quarter ended September 30, 2024. Reddit's complete financial results and management commentary can be found in its shareholder letter on Reddit's Investor Relations website at https://investor.redditinc
Reddit to Announce Third Quarter 2024 Results on Tuesday, October 29, 2024
Reddit, Inc. (NYSE:RDDT), announced today that the company's third quarter 2024 financial results will be released after market close on Tuesday, October 29, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Tuesday, October 29, 2024, and post responses following the earnings call at Reddit's Invest
Reddit to Participate in Goldman Sachs Communacopia + Technology Conference
Reddit, Inc. (NYSE:RDDT), announced that on Wednesday, September 11, 2024, Steve Huffman, Reddit Co-Founder and CEO, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference in San Francisco, CA. The session will begin at 10:50 a.m. PT / 1:50 p.m. ET. During the fireside chat, Mr. Huffman will also address questions submitted in advance by Reddit users in the investor relations subreddit, r/RDDT. A live webcast and replay will be available on Reddit's Investor Relations website at https://investor.redditinc.com and r/RDDT at https://www.reddit.com/r/RDDT/. About Reddit, Inc. Reddit is a community of communities. It's built on shared interests, pa
Reddit Announces Second Quarter 2024 Results
Strong Q2 results, including both revenue and users each growing over 50% year-over-year Daily Active Uniques ("DAUq") increased 51% year-over-year to 91.2 million Revenue increased 54% to $281.2 million, more than doubling growth rate from prior year Net loss reduced to $10.1 million. Positive Adjusted EBITDA1 of $39.5 million, up $74.9 million, with 14% Adjusted EBITDA margin, up over 3000 basis points from prior year Operating cash flow of $28.4 million and Free Cash Flow1 $27.2 million, up $82.1 million from prior year Reddit, Inc. (NYSE:RDDT) today announced financial results for the quarter ended June 30, 2024. Reddit's complete financial results and management commentary ca
Reddit to Announce Second Quarter 2024 Results on Tuesday, August 6, 2024
Reddit, Inc. (NYSE:RDDT), announced today that the company's second quarter 2024 financial results will be released after market close on Tuesday, August 6, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Tuesday, August 6, 2024, and post responses following the earnings call at Reddit's Invest
The New York Stock Exchange Leads Industry in Global IPO Proceeds for the First Half of 2024
NYSE issuers raise $12 billion as IPO activity builds momentum Welcomes 7 of the 10 largest U.S. transactions The Big Board continues to drive exchange transfers The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today reported an industry-leading $12 billion in IPO proceeds for the first half of 2024, setting the pace globally as IPO activity regained momentum compared to the prior two years. The NYSE listed 7 of the 10 largest U.S. transactions so far this year, including the two largest IPOs: Viking Holdings (NYSE:VIK) and Amer Sports (NYSE:AS). The exchange also led the re-emergence of technology IPO
IAS PARTNERS WITH REDDIT TO PROVIDE AI-DRIVEN MEASUREMENT TO ADVERTISERS
Total Media Quality for Reddit Empowers Global Advertisers with Industry-Leading Brand Safety and Suitability, Viewability, and Invalid Traffic Measurement NEW YORK, June 13, 2024 /PRNewswire/ -- Integral Ad Science (NASDAQ:IAS), a leading global media measurement and optimization platform, today announced a partnership with Reddit (NYSE:RDDT), a community platform powered by authenticity and human ideas, to provide advertisers with the confidence to scale their campaigns across Reddit through IAS's AI-driven Total Media Quality (TMQ) product suite. The partnership will give
Reddit Inc. Analyst Ratings
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Seaport Research Partners initiated coverage on Reddit
Seaport Research Partners initiated coverage of Reddit with a rating of Neutral
Reddit downgraded by ROTH MKM with a new price target
ROTH MKM downgraded Reddit from Buy to Neutral and set a new price target of $195.00 from $116.00 previously
Guggenheim initiated coverage on Reddit with a new price target
Guggenheim initiated coverage of Reddit with a rating of Buy and set a new price target of $210.00
Wells Fargo initiated coverage on Reddit with a new price target
Wells Fargo initiated coverage of Reddit with a rating of Overweight and set a new price target of $206.00
Reddit upgraded by Morgan Stanley with a new price target
Morgan Stanley upgraded Reddit from Equal-Weight to Overweight and set a new price target of $200.00 from $70.00 previously
Jefferies initiated coverage on Reddit with a new price target
Jefferies initiated coverage of Reddit with a rating of Buy and set a new price target of $90.00
B. Riley Securities initiated coverage on Reddit with a new price target
B. Riley Securities initiated coverage of Reddit with a rating of Buy and set a new price target of $75.00
Reddit upgraded by Loop Capital with a new price target
Loop Capital upgraded Reddit from Hold to Buy and set a new price target of $75.00
ROTH MKM reiterated coverage on Reddit with a new price target
ROTH MKM reiterated coverage of Reddit with a rating of Buy and set a new price target of $67.00 from $61.00 previously
Reddit downgraded by Loop Capital with a new price target
Loop Capital downgraded Reddit from Buy to Hold and set a new price target of $75.00
Reddit Inc. Insider Purchases
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
Habiger David C bought $102,000 worth of shares (3,000 units at $34.00), increasing direct ownership by 14% to 24,906 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Sauerberg Robert A. bought $340,000 worth of shares (10,000 units at $34.00) (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Reddit Inc. Insider Trading
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
Chief Operating Officer Wong Jennifer L. covered exercise/tax liability with 38,178 shares, converted options into 33,333 shares and sold $6,257,428 worth of shares (33,333 units at $187.72), decreasing direct ownership by 3% to 1,466,119 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
CEO & President Huffman Steve Ladd converted options into 161,789 shares, sold $23,354,237 worth of shares (124,408 units at $187.72) and covered exercise/tax liability with 40,260 shares, decreasing direct ownership by 0.47% to 611,515 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Chief Legal Officer Lee Benjamin Seong was granted 14,151 shares, increasing direct ownership by 10% to 152,552 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Chief Technology Officer Slowe Christopher Brian was granted 13,164 shares, increasing direct ownership by 4% to 324,545 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
CEO & President Huffman Steve Ladd converted options into 14,000 shares and sold $2,827,506 worth of shares (14,000 units at $201.96) (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Chief Technology Officer Slowe Christopher Brian converted options into 11,000 shares and sold $2,946,031 worth of shares (16,000 units at $184.13) (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Chief Operating Officer Wong Jennifer L. converted options into 33,334 shares and sold $5,797,728 worth of shares (33,334 units at $173.93) (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
CEO & President Huffman Steve Ladd converted options into 124,408 shares and sold $21,492,095 worth of shares (124,408 units at $172.75) (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
CEO & President Huffman Steve Ladd converted options into 7,423 shares and sold $2,314,636 worth of shares (14,000 units at $165.33), decreasing direct ownership by 1% to 614,394 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Chief Technology Officer Slowe Christopher Brian converted options into 17,728 shares, sold $2,717,495 worth of shares (16,000 units at $169.84), gifted 20,184 shares and received a gift of 20,184 shares, increasing direct ownership by 2% to 331,565 units (SEC Form 4)
4 - Reddit, Inc. (0001713445) (Issuer)
Reddit Inc. SEC Filings
SEC Form SCHEDULE 13G filed by Reddit Inc.
SCHEDULE 13G - Reddit, Inc. (0001713445) (Subject)
SEC Form S-8 filed by Reddit Inc.
S-8 - Reddit, Inc. (0001713445) (Filer)
Reddit Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Reddit, Inc. (0001713445) (Filer)
Amendment: SEC Form SCHEDULE 13G/A filed by Reddit Inc.
SCHEDULE 13G/A - Reddit, Inc. (0001713445) (Subject)
Amendment: SEC Form SCHEDULE 13G/A filed by Reddit Inc.
SCHEDULE 13G/A - Reddit, Inc. (0001713445) (Subject)
SEC Form SCHEDULE 13G filed by Reddit Inc.
SCHEDULE 13G - Reddit, Inc. (0001713445) (Subject)
SEC Form 144 filed by Reddit Inc.
144 - Reddit, Inc. (0001713445) (Subject)
SEC Form 144 filed by Reddit Inc.
144 - Reddit, Inc. (0001713445) (Subject)
SEC Form 10-Q filed by Reddit Inc.
10-Q - Reddit, Inc. (0001713445) (Filer)
Reddit Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits
8-K - Reddit, Inc. (0001713445) (Filer)
Reddit Inc. Financials
Live finance-specific insights
Reddit to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 12, 2025
Reddit, Inc. (NYSE:RDDT), announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, February 12, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Wednesday, February 12, 2025, and post responses following the earnings
Reddit to Announce Third Quarter 2024 Results on Tuesday, October 29, 2024
Reddit, Inc. (NYSE:RDDT), announced today that the company's third quarter 2024 financial results will be released after market close on Tuesday, October 29, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Tuesday, October 29, 2024, and post responses following the earnings call at Reddit's Invest
Reddit to Announce Second Quarter 2024 Results on Tuesday, August 6, 2024
Reddit, Inc. (NYSE:RDDT), announced today that the company's second quarter 2024 financial results will be released after market close on Tuesday, August 6, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Tuesday, August 6, 2024, and post responses following the earnings call at Reddit's Invest
Reddit to Announce First Quarter 2024 Results on Tuesday, May 7, 2024
Reddit, Inc. (NYSE:RDDT), announced today that the company's first quarter 2024 financial results will be released after market close on Tuesday, May 7, 2024. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Tuesday, May 7, 2024, and post responses following the earnings call at Reddit's Investor Rela
Reddit Inc. Large Ownership Changes
This live feed shows all institutional transactions in real time.
SEC Form SC 13G filed by Reddit Inc.
SC 13G - Reddit, Inc. (0001713445) (Subject)
Amendment: SEC Form SC 13G/A filed by Reddit Inc.
SC 13G/A - Reddit, Inc. (0001713445) (Subject)
SEC Form SC 13G filed by Reddit Inc.
SC 13G - Reddit, Inc. (0001713445) (Subject)
Amendment: SEC Form SC 13G/A filed by Reddit Inc.
SC 13G/A - Reddit, Inc. (0001713445) (Subject)
Amendment: SEC Form SC 13D/A filed by Reddit Inc.
SC 13D/A - Reddit, Inc. (0001713445) (Subject)
SEC Form SC 13D filed by Reddit Inc.
SC 13D - Reddit, Inc. (0001713445) (Subject)
SEC Form SC 13G filed by Reddit Inc.
SC 13G - Reddit, Inc. (0001713445) (Subject)