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 | Analyst price targets range from $75 to $200, reflecting diverse views on Reddit's growth potential and competitive positioning in the social media landscape |
Financial Momentum | Delve into Reddit's impressive revenue growth and improving financial metrics, including a robust 90.49% gross profit margin and positive EBITDA trends |
Global Expansion | Learn how Reddit's machine translation initiatives are driving international growth, with plans to expand into major European and Latin American markets |
AI Data Goldmine | Explore Reddit's potential in AI data licensing, leveraging its vast archive of contextual content to secure lucrative partnerships with tech giants |
Metrics to compare | RDDT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipRDDTPeersSector | |
---|---|---|---|---|
P/E Ratio | −35.9x | −1.6x | 4.9x | |
PEG Ratio | 0.31 | −0.02 | 0.01 | |
Price / Book | 8.2x | 1.6x | 1.8x | |
Price / LTM Sales | 13.4x | 2.1x | 1.3x | |
Upside (Analyst Target) | 56.0% | 66.3% | 31.3% | |
Fair Value Upside | Unlock | 27.1% | 15.4% | Unlock |