RDDTReddit, Inc. · NYSE · Communication Services
$141.67$-8.37 · -5.58%
MKT 27.48B
Company Overview
Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Reddit, Inc. was founded in 2005 and is headquartered in San Francisco, California.
Sector
Communication Services
Industry
Internet Content & Information
Website
redditinc.comPhone
415 494 8016
Headquarters
South Tower
San Francisco, CA, 94107
United States
Full-Time Employees
2,555
Key Metrics
P/E Ratio (TTM)
40.79
Forward P/E
16.16
Price to Book
8.64
Beta
1.85
Profit Margin
28.60%
Gross Margin
91.37%
Return on Equity
26.22%
Return on Assets
13.11%
Earnings Growth
675.00%
Revenue Growth
69.10%
Financial Health
Total Cash
$2.77B
Total Debt
$21.29M
Debt to Equity
0.67
Current Ratio
12.74
Free Cash Flow
$564.09M
Operating Cash Flow
$875.55M
Analyst Recommendations
Target Price (Mean)
$224.92
Target High
$300.00
Target Low
$120.00
Recommendation
buy
Analyst Coverage
31 Analysts