Added to YB: 2025-08-04
Pitch date: 2025-07-31
RDDT [neutral]
Reddit, Inc.
+23.51%
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
$182.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
115.87
P/E
104.06
EV/Sales
17.32
Sector
Interactive Media and Services
Category
turnaround
3 stocks in a deep drawdown - Reddit, Inc.
RDDT (quick overview): Down 35% in 5 months (60%+ April '25 low) due to slowing DAU growth & Google search algorithm impacts. Similar to Meta's 2022 drawdown. Catalysts: 'Reddit Lite' app targeting emerging markets, improving ARPU, potential growth in high-margin AI data licensing ($60M/yr currently). Q2'25 results today, watch DAUs.
Read full article (2 min)