RDDT: Reddit, Inc.
About
Reddit, Inc. operates an entertainment, social networking, and news website where registered community members can submit content. It provides online news services where users can select and rank web content. The firm also offers a personalized filter on the day's story, using previous votes to determine what new things the user might like to read. The company was founded by Steven Ladd Huffman and Alexis Ohanian on June 23, 2005 and is headquartered in San Francisco, CA.
Current Value
$141.001 Year Return
Current Value
$141.001 Year Return
Key Details
Market Cap
$24.87B
P/E Ratio
-42.97
1Y Stock Return
316.59%
1Y Revenue Growth
48.70%
Dividend Yield
0.00%
Price to Book
12.5
Strategies that include RDDT
Stock's related to RDDT
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| SW | 54.96% | $14.28B | +19.23% | 1.10% |
| MU | 46.24% | $109.79B | +32.66% | 0.46% |
| GRMN | 42.50% | $40.99B | +71.90% | 1.38% |
| NRDS | 41.59% | $1.03B | +18.08% | 0.00% |
| LU | 41.31% | $2.00B | -32.32% | 0.00% |
| UIS | 37.99% | $572.94M | +55.85% | 0.00% |
| BRSP | 36.84% | $827.39M | -8.60% | 11.88% |
| SMP | 34.88% | $734.85M | -10.00% | 3.43% |
| NGVT | 34.39% | $1.81B | +23.72% | 0.00% |
| AMTX | 34.33% | $198.44M | -16.00% | 0.00% |
| FVRR | 33.75% | $1.16B | +20.69% | 0.00% |
| AVT | 32.92% | $4.85B | +17.18% | 2.27% |
| IEX | 32.45% | $17.55B | +13.52% | 1.17% |
| MSTR | 32.14% | $85.44B | +575.22% | 0.00% |
| ATOM | 31.42% | $183.32M | -10.28% | 0.00% |
| SNAP | 31.32% | $20.31B | -15.31% | 0.00% |
| SMCI | 31.00% | $24.59B | +57.69% | 0.00% |
| GES | 30.42% | $889.61M | -15.97% | 6.96% |
| DRS | 29.99% | $9.11B | +79.39% | 0.00% |
| MTZ | 29.79% | $11.26B | +120.71% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HRB | -0.01% | $8.10B | +27.36% | 2.26% |
| ITGR | -0.01% | $4.65B | +55.28% | 0.00% |
| CPSH | -0.05% | $22.08M | -36.54% | 0.00% |
| NCNO | 0.05% | $4.80B | +42.00% | 0.00% |
| UUU | -0.05% | $5.04M | 0.00% | 0.00% |
| DCO | 0.06% | $978.98M | +27.83% | 0.00% |
| SWX | -0.07% | $5.61B | +28.24% | 3.15% |
| NFG | 0.08% | $5.70B | +21.98% | 3.21% |
| ZTO | 0.08% | $11.35B | -13.45% | 5.07% |
| CMTL | 0.08% | $107.47M | -69.63% | 0.00% |
| HUYA | -0.09% | $252.78M | +40.20% | 0.00% |
| UVE | -0.09% | $635.03M | +33.89% | 2.84% |
| AMCX | 0.10% | $428.41M | -42.00% | 0.00% |
| ASTH | -0.12% | $2.20B | +28.47% | 0.00% |
| AG | -0.14% | $1.79B | -2.46% | 0.29% |
| NNN | 0.14% | $8.22B | +3.94% | 5.20% |
| SEVN | -0.15% | $201.34M | +15.82% | 10.34% |
| IVT | 0.15% | $2.38B | +20.03% | 2.90% |
| USM | -0.16% | $5.41B | +43.98% | 0.00% |
| PHG | -0.17% | $25.09B | +36.30% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ACN | -32.67% | $225.81B | +7.42% | 1.52% |
| BLKB | -32.08% | $4.22B | +3.40% | 0.00% |
| OPCH | -31.87% | $4.10B | -20.29% | 0.00% |
| HMST | -31.79% | $224.97M | +61.87% | 0.00% |
| REYN | -29.54% | $5.85B | +4.58% | 3.30% |
| CHE | -29.02% | $8.49B | -2.13% | 0.32% |
| CRTO | -22.61% | $2.24B | +61.86% | 0.00% |
| GO | -22.11% | $1.94B | -31.48% | 0.00% |
| GIC | -21.36% | $1.06B | -24.24% | 3.57% |
| HRMY | -21.20% | $2.00B | +12.42% | 0.00% |
| DRI | -21.02% | $20.21B | +6.83% | 3.16% |
| AVNS | -20.68% | $900.76M | -11.15% | 0.00% |
| FDS | -20.54% | $18.59B | +7.74% | 0.84% |
| ED | -20.12% | $34.12B | +7.08% | 3.35% |
| CATO | -19.66% | $65.10M | -54.12% | 21.52% |
| UGI | -19.65% | $6.18B | +26.18% | 5.20% |
| ES | -19.56% | $23.33B | +4.91% | 4.47% |
| DVA | -19.53% | $13.43B | +53.62% | 0.00% |
| GIS | -19.34% | $37.20B | +3.17% | 3.55% |
| FE | -17.81% | $23.97B | +11.89% | 4.03% |
ETF's related to RDDT
News
Yahoo
One of the world's toughest social-media crackdowns took a week to become law, after a lawmaker's wife read Jonathan Haidt.
SeekingAlpha
December is the best month for stocks, but expect potential profit-taking in the first week of January. Read why investors should focus on stock picking.
Yahoo
Reddit (RDDT) is accelerating efforts to attract additional users outside of the U.S., targeting countries like India and Brazil as it seeks to open up new advertising opportunities, CNBC’s Arjun Kharpal reported Wednesday, citing COO Jen Wong. The COO noted other platforms have 80%-90% of users outside the U.S., while Reddit has about half of current users based internationally. “So that points to a lot of our future user growth opportunity definitely outside of the U.S. and local language,” Wo
SeekingAlpha
Reddit entered a partnership with Google this year, which was a win-win situation for both.
Yahoo
Australia has become the first country to implement a ban on social media platforms for minors. The new legislation prohibits children aged 16 and under from accessing six major social media platforms: TikTok, Meta Platforms' (META) Facebook and Instagram, Snapchat (SNAP), Reddit (RDDT), and X (formerly Twitter). Market Domination anchors Julie Hyman and Madison Mills dive into all the details. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith
Yahoo
The average brokerage recommendation (ABR) for Reddit Inc. (RDDT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.