Added to YB: 2024-09-12
Pitch date: 2024-09-12
RDDT [bullish]
Reddit, Inc.
+276.96%
current return
Author Info
No bio for this author
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
$59.63
Price Target
N/A
Dividend
N/A
EV/EBITDA
115.87
P/E
104.06
EV/Sales
17.32
Sector
Interactive Media and Services
Category
growth
Reddit ($RDDT)
RDDT: Social network for communities, unique for content-first approach & niche subreddits. Monetization growth via LLMs for translation, improved search, & SEO. Potential upside to 2024/25 estimates. IPO lockup expires Aug 9. Earnings upside from user growth, monetization, user economy, & data licensing.