Professional
Added to YB: 2026-04-14
Pitch date: 2026-04-10
RDDT [bullish]
Reddit, Inc.
+7.47%
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
$26.7B
Pitch Price
$138.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
51.65
P/E
53.31
EV/Sales
11.01
Sector
Interactive Media and Services
Category
growth
Jacob Funds New Position: Reddit, Inc.
RDDT (new position): Global social platform w/ 100M+ DAUs in niche communities. Strong ad monetization progress, but real upside is data licensing to LLM companies. As AI-generated content becomes less useful, Reddit's real-time conversational data gains value for training models. Already signed small licensing deals; mgmt positioned to expand partnerships & capture growing data moat.
Read full article (1 min)