Added to YB: 2026-09-03
Pitch date: 2026-09-01
RDDT [neutral]
Reddit, Inc.
+9.78%
current return
Author Info
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
$28.4B
Pitch Price
$144.02
Price Target
N/A
Dividend
N/A
EV/EBITDA
31.57
P/E
34.45
EV/Sales
9.24
Sector
Interactive Media and Services
Category
growth
The Wolf of Harcourt Street | Portfolio Review - August 2026 - Reddit, Inc.
RDDT (monitor): Reddit’s two decades of community-voted conversations may constitute valuable, hard-to-replicate training data for LLMs, with Google and OpenAI already licensing its content. However, data licensing grew 24% to just $43 million last quarter, around 5% of revenue, while buyer concentration and uncertainty over renewing those arrangements remain risks. Softer US daily active users and the end of logged-in and logged-out user reporting from Q3 further cloud engagement visibility.
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