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. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.
Valuation Insights | Analysts project diverse price targets ranging from $115 to $225, reflecting varied perspectives on Reddit's growth potential and market position |
Ad Revenue Surge | Learn how Reddit's advertising platform improvements have led to a 61% year-over-year increase in ad revenue and attracted 50% more active advertisers |
Global Expansion | Delve into Reddit's international growth strategy, leveraging machine translation to tap into emerging markets and diversify its user base |
AI-Powered Evolution | Explore Reddit's foray into AI-enhanced search capabilities, potentially revolutionizing user experience and opening new monetization avenues |
Metrics to compare | RDDT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipRDDTPeersSector | |
|---|---|---|---|---|
P/E Ratio | 132.7x | −28.4x | 5.9x | |
PEG Ratio | 0.99 | −0.59 | 0.01 | |
Price / Book | 17.8x | 6.3x | 1.8x | |
Price / LTM Sales | 24.3x | 4.5x | 1.5x | |
Upside (Analyst Target) | −0.8% | 35.8% | 29.7% | |
Fair Value Upside | Unlock | 36.3% | 14.0% | Unlock |