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.
Reddit's AI Leap | Explore Reddit's AI-powered search capabilities, including Reddit Answers, and their potential to revolutionize user engagement and content discovery |
Global Expansion | Delve into Reddit's international growth strategy, leveraging machine translation to tap into non-English markets and drive user acquisition |
Ad Innovation | Learn about Reddit's new advertising products, including Dynamic Product Ads and video ads, aimed at boosting monetization and attracting advertisers |
Market Valuation | Analysts set price targets ranging from $115 to $200, with an average of $168, reflecting diverse views on Reddit's growth potential and profitability |
Metrics to compare | RDDT | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipRDDTPeersSector | |
---|---|---|---|---|
P/E Ratio | 172.2x | −0.6x | 6.4x | |
PEG Ratio | 1.48 | −0.50 | 0.01 | |
Price/Book | 15.6x | 5.6x | 1.8x | |
Price / LTM Sales | 22.3x | 2.9x | 1.5x | |
Upside (Analyst Target) | 4.1% | 18.8% | 19.5% | |
Fair Value Upside | Unlock | 19.0% | 12.7% | Unlock |