NYSE:RDDT Reddit (RDDT) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free RDDT Stock Alerts 62.04 +5.66 (+10.04%) (As of 05/17/2024 08:54 PM ET) Add Compare Share Share Today's Range60.62▼66.1550-Day Range39.17▼65.1152-Week Range37.35▼74.90Volume15.13 million shsAverage Volume3.77 million shsMarket Capitalization$10.14 billionP/E RatioN/ADividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsSocial Media Get Reddit alerts: Email Address Ad InvestorPlaceHe called Apple at $1.49 and now he says: “Buy these 6 AI stocks.”For over four decades, Louis Navellier has found the very best tech stocks... Before the rest of the market.Click for his six specific AI stock in the crosshairs About Reddit Stock (NYSE:RDDT)Reddit, Inc. operates a website that organizes digital communities. It 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.Read More RDDT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RDDT Stock News HeadlinesMay 14, 2024 | marketbeat.com5 Meme Stocks With a High Short InterestNo, it's not 2021. But waking up today, you might have been forgiven for thinking so.May 14, 2024 | marketbeat.com5 Meme Stocks With a High Short Interest (RDDT)Keith Gill, aka RoaringKitty, resurfaces on Twitter, triggering a surge in GameStop and AMC Entertainment shares amid remarkable trading volume.May 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderAfter its recent initial public offering (IPO), shares of Reddit Inc. NYSE: RDDT have become a focal point for investors looking to find the next big social media platform. The stock has delivered a relatively flat performance since its IPO in March 2024, but that could mean good news for investors.May 3, 2024 | marketbeat.comThe Case For Reddit Stock Investors Should ConsiderReddit stock could be the most aggressive growth story in social media, and still offering one of the steepest price action discounts in the industry.May 18 at 7:14 AM | 247wallst.comReddit Is Still Way OverpricedMay 18 at 1:45 AM | americanbankingnews.comReddit (NYSE:RDDT) Shares Up 15.7% After Analyst UpgradeMay 17 at 7:22 PM | finance.yahoo.comReddit-OpenAI deal opens up avenue for AI training on siteMay 17 at 5:28 PM | wsj.comThe Score: GameStop, Walmart, Reddit and More Stocks That Defined the WeekMay 17 at 3:22 PM | investorplace.comTiger Global Is Betting on RDDT Stock After the Reddit IPOMay 17 at 2:22 PM | msn.comTech Stocks on the Move Today: Reddit, Robinhood, and MoreMay 17 at 2:22 PM | msn.comReddit Stock Surges on OpenAI Deal: What You Need To KnowMay 17 at 2:22 PM | fxstreet.comReddit stock advances as much as 17% after data partnership with OpenAIMay 17 at 2:22 PM | theglobeandmail.comReddit shares jump after OpenAI partnershipMay 17 at 12:47 PM | fool.comWhy Reddit Stock Soared TodayMay 17 at 11:15 AM | investopedia.comDow Jones Today: Stocks Inch Higher; GameStop, Reddit in FocusMay 17 at 10:55 AM | investorplace.comRDDT Stock Alert: Reddit Pops on Major OpenAI DealMay 17 at 10:08 AM | investorplace.comRDDT Stock Alert: Reddit Pops on Major OpenAI DealMay 17 at 9:52 AM | fool.comNvidia and Reddit Stock Investors Just Got Spectacular Artificial Intelligence (AI) UpdatesMay 17 at 9:21 AM | msn.comReddit surges post-market following OpenAI partnershipMay 17 at 9:21 AM | seekingalpha.comWall Street Breakfast Podcast: Reddit Surges On OpenAI PartnershipMay 17 at 7:01 AM | investorplace.comIPO Icons: 3 Freshman Stocks Earning Wall Street's AdorationMay 17 at 6:35 AM | reuters.comReddit stock jumps after OpenAI partnershipMay 17 at 5:40 AM | barrons.comReddit Stock Stock Soars. Playing Nice with AI Companies Is Paying Off.May 17 at 1:25 AM | msn.comReddit Co-Founder Alexis Ohanian Highlights Democrats, Including Chuck Schumer, Who Crossed Party Line To Support Pro-Crypto LawMay 16 at 10:35 PM | investopedia.comReddit Stock Soars After Company Inks Partnership With ChatGPT Owner OpenAISee More Headlines Receive RDDT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reddit and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/07/2024Today5/18/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorComputer and Technology Industry Data processing & preparation Sub-IndustryN/A Current SymbolNYSE:RDDT Previous SymbolNYSE:RDDT CUSIPN/A CIK1713445 Webwww.redditinc.com Phone(415) 494-8016FaxN/AEmployees2,013Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares163,510,000Free FloatN/AMarket Cap$10.14 billion OptionableOptionable BetaN/A The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Steven Ladd Huffman (Age 39)Co-Founder, CEO, President & Director Comp: $1.14MMr. Andrew Vollero (Age 57)Chief Financial Officer Comp: $1.15MMs. Jennifer L. Wong (Age 48)Chief Operating Officer Comp: $1.1MMs. Michelle ReynoldsChief Accounting OfficerDr. Christopher Slowe Ph.D. (Age 45)Chief Technology Officer Mr. Fredrick LeeChief Information Security OfficerMr. Benjamin Lee (Age 56)Chief Legal Officer & Corporate Secretary Ms. Roxy YoungChief Marketing & Consumer Experience OfficerMs. Nellie PeshkovChief People OfficerMr. Justin BassettHead of Rounding-UpMore ExecutivesKey CompetitorsGlobantNYSE:GLOBBilibiliNASDAQ:BILIToastNYSE:TOSTPegasystemsNASDAQ:PEGAStoneCoNASDAQ:STNEView All CompetitorsInsiders & InstitutionsRokos Capital Management LLPBought 7,500 shares on 5/17/2024Ownership: 0.005%Walleye Trading LLCBought 7,300 shares on 5/17/2024Ownership: 0.000%Jane Street Group LLCBought 193,200 shares on 5/16/2024Ownership: 0.000%BlueCrest Capital Management LtdBought 30,000 shares on 5/16/2024Ownership: 0.019%Janus Henderson Group PLCBought 15,000 shares on 5/16/2024Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions RDDT Stock Analysis - Frequently Asked Questions Should I buy or sell Reddit stock right now? 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reddit in the last year. There are currently 1 sell rating, 6 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" RDDT shares. View RDDT analyst ratings or view top-rated stocks. How have RDDT shares performed in 2024? Reddit's stock was trading at 50.44 on January 1st, 2024. Since then, RDDT shares have increased by 23.0% and is now trading at 62.04. View the best growth stocks for 2024 here. When is Reddit's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our RDDT earnings forecast. How were Reddit's earnings last quarter? Reddit, Inc. (NYSE:RDDT) released its earnings results on Tuesday, May, 7th. The company reported ($8.19) EPS for the quarter, missing analysts' consensus estimates of ($2.34) by $5.85. The business earned $243 million during the quarter, compared to analysts' expectations of $213.99 million. The business's revenue for the quarter was up 48.4% on a year-over-year basis. During the same quarter in the previous year, the business posted ($1.05) EPS. What ETFs hold Reddit's stock? ETFs with the largest weight of Reddit (NYSE:RDDT) stock in their portfolio include BNY Mellon Innovators ETF (BKIV), BlackRock Future Tech ETF (BTEK), Global X Social Media Index ETF (SOCL) and ARK Next Generation Internation ETF (ARKW).ARK Fintech Innovation ETF (ARKF). What guidance has Reddit issued on next quarter's earnings? Reddit updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $240.0 million-$255.0 million, compared to the consensus revenue estimate of $223.8 million. When did Reddit IPO? Reddit (RDDT) raised $748 million in an initial public offering on Thursday, March 21st 2024. The company issued 22,000,000 shares at $34.00 per share. When did Reddit's quiet period expire? Reddit's quiet period expired on Tuesday, April 30th. Reddit had issued 22,000,000 shares in its initial public offering on March 21st. The total size of the offering was $748,000,000 based on an initial share price of $34.00. During Reddit's quiet period, insiders and any underwriters that worked on the IPO were prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Now that the company's quiet period has ended, brokerages that served as underwriters are now able to initiate research on the company. Who are Reddit's major shareholders? Reddit's stock is owned by a variety of retail and institutional investors. Top institutional investors include Inclusive Capital Partners L.P. (1.31%), Vanguard Group Inc. (1.05%), Price T Rowe Associates Inc. MD (0.47%), Blackstone Inc. (0.47%), Bamco Inc. NY (0.19%) and Healthcare of Ontario Pension Plan Trust Fund (0.13%). Insiders that own company stock include Andrew Vollero, Christopher Brian Slowe, David C Habiger, Jennifer L Wong, Michelle Marie Reynolds and Steve Ladd Huffman. View institutional ownership trends. How do I buy shares of Reddit? Shares of RDDT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:RDDT) was last updated on 5/18/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsDems have chosen Biden replacement?Paradigm PressThe Overlooked Retirement Asset You Probably Don’t OwnCrypto 101 MediaCrypto Pioneer Says: “The last crypto bull market has begun.”InvestorPlaceProtect Your Bank Account Before It’s Too LateWeiss RatingsBuy this small stock before coming AI Tidal WaveChaikin AnalyticsUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Reddit, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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