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.
AI-Driven Evolution | Explore Reddit's strategic integration of AI-powered search and content discovery features, poised to revolutionize user engagement and create new monetization avenues |
Ad Innovation Surge | Delve into Reddit's advertising advancements, including Dynamic Product Ads, driving robust revenue growth and attracting increased advertiser demand |
Global Expansion | Learn how Reddit's machine translation capabilities are accelerating growth in non-English markets, tapping into diverse international advertising opportunities |
Valuation Insights | Analyst price targets range from $118 to $190, reflecting cautious optimism amid user growth challenges and the platform's unique position in social media |
Metrics to compare | RDDT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipRDDTPeersSector | |
---|---|---|---|---|
P/E Ratio | 190.1x | 12.5x | 6.5x | |
PEG Ratio | 1.61 | −0.88 | 0.01 | |
Price/Book | 17.2x | 5.0x | 1.8x | |
Price / LTM Sales | 24.7x | 2.1x | 1.5x | |
Upside (Analyst Target) | −4.0% | 23.9% | 18.7% | |
Fair Value Upside | Unlock | 30.2% | 13.2% | Unlock |