Added to YB: 2025-06-20
Pitch date: 2025-06-19
RDDT [bullish]
Reddit, Inc.
+58.84%
current return
Author Info
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Company Info
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.
Market Cap
$35.2B
Pitch Price
$141.51
Price Target
160.00 (-29%)
Dividend
N/A
EV/EBITDA
115.87
P/E
104.06
EV/Sales
17.32
Sector
Interactive Media and Services
Category
growth
Updated thoughts on Reddit, Inc.
RDDT: Reddit is 'end of internet' - surviving AI transition w/ visitor growth while competition declines. AI content partner for search & features. Bull case: 20%+ YOY DAU growth + int'l expansion drives EBITDA/FCF growth. 6th largest website globally. Short-term target $160 (14% upside), long-term multiples higher as AI info source.
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