Reddit, Inc. (RDDT)
Communication Services · Interactive Media & Services · US stock · S&P 500 component
$156.14
▼ -3.22 (2.02%)
Fair valueData under review
$129
$65fair band $78–$181$194
Day's range
$153.32 – $164.94
52-week range
$119.27 – $263.50
Red flags⚠ Heavy dilution
About Reddit, Inc.
Reddit operates a social platform made up of thousands of topic-based communities where users post, comment and vote on content. Moderation is carried out largely by volunteer community members. The company earns most of its money from advertising shown alongside user content, and it also licenses its large body of user-generated text to technology firms for use in training artificial intelligence systems. Its audience is global, and activity is driven by user participation.
Revenue over the last twelve months was $2.8 billion, with growth of 48.9% a year over three years. The operating margin stands at 28.2%. The return on invested capital is shown as 141%. The company does not pay a dividend. Its X-Ray Score is 64 out of 100. These numbers describe past results and current financial position, and they are shown for reference only.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $119.27 – $263.50Volume 3,836,100Daily, split-adjusted
Vitals
Market cap$31.5B
52-week range$119.27 – $263.50
Volume (last day)3,836,100
P/E (TTM)36.3
EBIT / EV yield2.7%
Free-cash-flow yield3.2%
Dividend yieldNo dividend
Revenue (TTM)$2.8B
Net income (TTM)$871M
Operating margin28.2%
Return on capital141.5%
Debt incl. leasesData missing
Cash & securities$2.8B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$129model spread $120 – $140
Data under review
+0.0% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is High, so the safety margin is 40%.
Earnings are far above the company's own 3-year history, so models would extrapolate a possible peak
Price $156
Undervalued < $78Fair $78 – $181Overvalued > $181
10-year DCF (market-scaled)
$137
Peer multiples
$90
Earnings power floor (not blended)
$-4
Fundamentals-adjusted multiple
$161
Growth the price implies
34.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Read the lenses below
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Communication Services peers. Open a lens to see the numbers behind it.
Valuation
Weak
30/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield2.7%
Free-cash-flow yield3.2%
Fair value vs price0.8×
Growth
Strong
92/100
Growing faster than most of its sector.
See the numbers →
Revenue growth (3y)48.9%
Growth consistency100%
Profitability
Fair
64/100
Returns on capital are typical for its sector.
See the numbers →
Return on invested capital141.5%
Operating margin28.2%
Gross profitability69.9%
Financial health
Strong
84/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score7 / 9
Interest coverNo interest cost
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+61.5%
Mar '25
+77.7%
Jun '25
+67.9%
Sep '25
+69.7%
Dec '25
+69.1%
Mar '26
+61.1%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $805M, diluted EPS $1.25.
Compare with peers
META Meta Platforms, Inc.60 GOOG Alphabet Inc.52Other Interactive Media & Services companies by X-Ray Score.
Fundamentals checklist
● 9 Good · ● 2 Average · ● 2 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
Revenue growth (3y)Good
Growth consistencyGood
Balance sheet
Current ratioGood
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalGood
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 69/100.
Financials
| FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|
| Revenue | $667M | $804M | $1.3B | $2.2B |
| Operating income | −$172M | −$140M | −$561M | $442M |
| Net income | −$159M | −$91M | −$484M | $530M |
| Operating cash flow | −$94M | −$75M | $222M | $691M |
| Operating margin | -25.8% | -17.4% | -43.1% | 20.1% |
| Free cash flow | −$100M | −$85M | $216M | $684M |
| Diluted EPS | $-2.77 | $-1.54 | $-3.33 | $2.62 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
8 bullish · 4 neutral · 4 bearish
Weekly
Strongly bearish
1 bullish · 1 neutral · 8 bearish
Monthly
Bearish
1 bullish · 1 neutral · 3 bearish
Moving averages (daily)
| SMA 10 | 154.8 | Bullish |
| EMA 10 | 154.6 | Bullish |
| SMA 20 | 152.2 | Bullish |
| EMA 20 | 153.8 | Bullish |
| SMA 50 | 154.4 | Bullish |
| EMA 50 | 156.1 | Bullish |
| SMA 100 | 165.2 | Bearish |
| EMA 100 | 160.2 | Bearish |
| SMA 200 | 164.8 | Bearish |
| EMA 200 | 164.8 | Bearish |
Oscillators (daily)
| RSI (14) | 51.94 | Neutral |
| MACD (12, 26) | 0.40 | Bullish |
| Momentum (12) | 9.62 | Bullish |
| Stochastic %K (14) | 62.74 | Neutral |
| Williams %R (14) | -37.26 | Neutral |
| CCI (20) | 98.17 | Neutral |
Pivot points (classic, last session)
S3 139.7 | S2 146.5 | S1 151.3 | Pivot 158.1 | R1 162.9 | R2 169.8 | R3 174.6 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
RDDT SEC filings
12 Aug 2026
8-KSEC EDGAR
Director or officer change
31 Jul 2026
10-QSEC EDGAR
Quarterly report
30 Jul 2026
8-KSEC EDGAR
Results of operations
10 Jun 2026
8-KSEC EDGAR
Shareholder vote results
1 May 2026
10-QSEC EDGAR
Quarterly report
30 Apr 2026
8-KSEC EDGAR
Results of operations
23 Apr 2026
DEF 14ASEC EDGAR
Proxy statement
6 Feb 2026
10-KSEC EDGAR
Annual report
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.