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Reddit, Inc. RDDT NYSE

NYSE • Communication Services • Internet Content & Information • US • USD

SharesGrow Score
70/100
5/7 Pass
SharesGrow Intrinsic Value
$385.51
+149.2%
Analyst Price Target
$245.39
+58.7%

Reddit, Inc. (RDDT) is a Internet Content & Information company in the Communication Services sector, currently trading at $154.67. It has a SharesGrow Score of 70/100, indicating a above average investment profile with 5 out of 7 criteria passed.

SharesGrow calculates the intrinsic value of RDDT = $385.51 (+149.2% from the current price, the stock appears undervalued). Analyst consensus target is RDDT = $245 (+58.7% upside).

Valuation: RDDT trades at a trailing Price-to-Earnings (P/E) of 51.6 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 1.34.

Financials: revenue is $2.2B, +50.6%/yr average growth. Net income is $530M, growing at -60.4%/yr. Net profit margin is 24.1% (strong). Gross margin is 91.2% (+6.9 pp trend).

Balance sheet: total debt is $23M against $2.9B equity (Debt-to-Equity (D/E) ratio 0.01, conservative). Current ratio is 11.56 (strong liquidity). Debt-to-assets is 0.7%. Total assets: $3.2B.

Analyst outlook: 15 / 25 analysts rate RDDT as buy (60%) — moderate consensus.

SharesGrow 7-Criteria breakdown: Value 66/100 (Pass), Growth 58/100 (Partial), Past 25/100 (Fail), Health 100/100 (Pass), Moat 80/100 (Pass), Future 73/100 (Pass), Income 85/100 (Pass).

$245.39
▲ 58.65% Upside
Average Price Target
Based on 25 Wall Street analysts offering 12-month price targets for Reddit, Inc., the average price target is $245.39, with a high forecast of $325.00, and a low forecast of $170.00.
Highest Price Target
$325.00
Average Price Target
$245.39
Lowest Price Target
$170.00

RDDT SharesGrow Score Overview

70/100
SharesGrow Score
Above average fundamentals
View full scorecard →
VALUE 66/100
Valuation — P/E, PEG, Forward PEG
GROWTH 58/100
Financials — average growth
PAST 25/100
strong — trend
HEALTH 100/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 80/100
Gross margin is + market cap
FUTURE 73/100
Analyst outlook — as buy
INCOME 85/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Score Breakdown — RDDT

VALUE Pass
66/100
RDDT trades at a trailing Price-to-Earnings (P/E) of 51.6 (S&P 500 average ~25). Forward PEG 1.34 — ~moderate (~1.5). Trailing PEG 1.04. Analyst consensus target is $245, implying +58.4% from the current price $155. Composite: Price-to-Earnings (20%) + Forward Price/Earnings-to-Growth (35%) + upside (25%) + trailing PEG (20%). ≥ 60 = Pass.
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GROWTH Partial
58/100
RDDT: +50.6%/yr revenue is, -60.4%/yr Net income is average growth. mixed. Score: >20%/yr = 100, >10% = 80, >5% = 65, >0% = 45, < 0 = 15.
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PAST Fail
25/100
RDDT: 1 / 4 years profitable. weak. Score = 1 / 4 × 100. ≥ 80 = Pass.
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HEALTH Pass
100/100
Balance sheet RDDT: Debt-to-Equity (D/E) ratio 0.01 (conservative), Current ratio is 11.56 (strong liquidity). Debt-to-Equity < 0.5, Current Ratio > 1.5, Interest Coverage > 8x = ideal. ≥ 70 = Pass.
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MOAT Pass
80/100
RDDT: Gross margin is 91.2% (+6.9 pp trend), $30B market cap. Moat (0-100): margin (35%) + trend (15%) + market cap (30%) + revenue is (20%). Score 80/100. ≥ 70 = Pass.
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FUTURE Pass
73/100
Analyst outlook: 15 / 25 analysts rate RDDT as buy (60%). Analyst consensus target is $245 (+58.4% upside). Score: 60% buy consensus + 40% upside. ≥ 60 = Pass.
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INCOME Pass
85/100
RDDT: Net profit margin is 24.1%. healthy (≥15%). Score: ≥30% = 100, ≥20% = 85, ≥15% = 70, ≥10% = 55, ≥5% = 45, ≥0% = 30, < 0 = 10.
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Stock Chart & Stats

Market Data
52-Week Range79.75-282.95
Volume4.19M
Avg Volume (30D)5.59M
Market Cap$29.55B
Beta (1Y)2.41
Share Statistics
EPS (TTM)2.84
Shares Outstanding$186.38M
IPO Date2024-03-21
Employees2,233
CEOSteven Ladd Huffman
Financial Highlights & Ratios
Revenue (TTM)$2.2B
Gross Profit$2.01B
EBITDA$457.93M
Net Income$529.72M
Operating Income$441.98M
Total Cash$2.48B
Total Debt$23.21M
Net Debt$-930.36M
Total Assets$3.24B
Price / Earnings (P/E)54.5
Price / Sales (P/S)13.42
Analyst Forecast
1Y Price Target$250.00
Target High$325.00
Target Low$170.00
Upside+61.6%
Rating ConsensusBuy
Analysts Covering25
Buy 60% Hold 40% Sell 0%
Price Target Summary
Company Info
CountryUS
ExchangeNYSE
CurrencyUSD
ISINUS75734B1008

Price Chart

RDDT
Reddit, Inc.  ·  NYSE
Communication Services • Internet Content & Information
79.75 52WK RANGE 282.95
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