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Added to YB: 2026-08-12

Pitch date: 2026-08-09

RDDT [neutral]

Reddit, Inc.

-3.28%

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

$31.1B

Pitch Price

$161.49

Price Target

N/A

Dividend

N/A

EV/EBITDA

34.86

P/E

37.69

EV/Sales

10.20

Sector

Interactive Media and Services

Category

growth

Show full summary:
MM Top Ideas List: 20 Stocks Worth Watching - Reddit, Inc.

RDDT (watchlist): Internet co w/ 61% YoY rev growth, 49% 5yr CAGR, ~30% net margin, founder-led, at 18x 2028 net income. Stock crashed post-earnings on DAU growth slowing; market fears LLMs replace Reddit Q&A. Author sees concerns overblown—WAU-to-DAU conversion, contracts, ARPU growth ahead.

Read full article (1 min)