Added to YB: 2025-03-13
Pitch date: 2025-03-07
RDDT [bullish]
Reddit, Inc.
+71.04%
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
$127.75
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
ClearBridge Mid Cap Growth Strategy New Portfolio Holding: Reddit, Inc.
RDDT (new position): Added position in Reddit, unique online community platform. Strong Q results: DAU growth, ad & data licensing revenue ramp. Early in engagement, monetization & profitability journey. Continued opportunity in AI data licensing. Potential for significant growth ahead.
Read full article (1 min)