Added to YB: 2026-08-13
Pitch date: 2026-08-11
RDDT [bullish]
Reddit, Inc.
-2.66%
current return
Author Info
Long-Term Pick shares in-depth stock analysis on high-quality stocks with growth potential. Sign up for the newsletter.
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
$30.1B
Pitch Price
$157.64
Price Target
320.00 (+105%)
Dividend
N/A
EV/EBITDA
33.55
P/E
36.41
EV/Sales
9.82
Sector
Interactive Media and Services
Category
growth
Reddit: 61% Growth, Priced for 20%
RDDT: Fastest-growing ad platform at scale, +61% rev 8 straight qtrs, 91% GM, 43% EBITDA margin, $2.8B net cash. 18.7x fwd P/E vs 47.9x IPO mean, PEG 0.40 for 47% EPS growth. Bears: US DAU flat, Google referral risk, licensing = 2 partners. Bear PT $213/base $267. Buy $149-213, ~$160 now.
Read full article (14 min)