R

Reddit Inc
NYSE:RDDT

Watchlist Manager
Reddit Inc
NYSE:RDDT
Watchlist
Price: 170.71 USD 4.27% Market Closed
Market Cap: 30B USD
Have any thoughts about
Reddit Inc?
Write Note

Reddit Inc
PP&E Net

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Reddit Inc
PP&E Net Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company PP&E Net CAGR 3Y CAGR 5Y CAGR 10Y
R
Reddit Inc
NYSE:RDDT
PP&E Net
$39m
CAGR 3-Years
10%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
B
Baker Hughes Co
NASDAQ:BKR
PP&E Net
$5.2B
CAGR 3-Years
1%
CAGR 5-Years
-6%
CAGR 10-Years
-6%
Schlumberger NV
NYSE:SLB
PP&E Net
$7.4B
CAGR 3-Years
5%
CAGR 5-Years
-5%
CAGR 10-Years
-7%
Halliburton Co
NYSE:HAL
PP&E Net
$5.9B
CAGR 3-Years
4%
CAGR 5-Years
-10%
CAGR 10-Years
-7%
Symbotic Inc
NASDAQ:SYM
PP&E Net
$112.4m
CAGR 3-Years
82%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
C
Corebridge Financial Inc
NYSE:CRBG
PP&E Net
$20m
CAGR 3-Years
-32%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Reddit Inc
Glance View

Market Cap
29.7B USD
Industry
N/A

In the sprawling landscape of the internet, Reddit Inc. stands as a unique entity, weaving together a vast tapestry of communities and conversations. Launched in 2005 by Steve Huffman and Alexis Ohanian, Reddit was conceived as a digital space where users could share content and engage in discussions across a myriad of topics. At the heart of Reddit is its forum-like structure, organized into thousands of "subreddits," each dedicated to a specific interest or theme. These subreddits empower users to explore everything from niche hobbies to global news. With its upvote and downvote system, Reddit democratizes content visibility, allowing community members to propel the most engaging or noteworthy posts to greater awareness while ensuring that less relevant content remains in obscurity. Reddit's revenue model cleverly leverages its enormous user engagement and traffic through a combination of advertising, premium memberships, and virtual currency. Advertising is a mainstay, with companies eager to tap into Reddit's eclectic audience by placing sponsored content amidst organic discussions. Reddit Premium, a subscription service, offers users an ad-free experience along with access to exclusive features, such as community badges. Moreover, Reddit has innovated with its virtual currency, "Reddit Coins," which members can purchase to reward others' posts or comments, further engaging the community's competitive and supportive spirit. This multi-faceted approach not only diversifies Reddit's revenue streams but also enhances user experience, making Reddit an intrinsic part of its subscribers’ digital routine.

RDDT Intrinsic Value
33.95 USD
Overvaluation 80%
Intrinsic Value
Price
R

See Also

What is Reddit Inc's PP&E Net?
PP&E Net
39m USD

Based on the financial report for Dec 31, 2023, Reddit Inc's PP&E Net amounts to 39m USD.

What is Reddit Inc's PP&E Net growth rate?
PP&E Net CAGR 3Y
10%

Over the last year, the PP&E Net growth was 28%. The average annual PP&E Net growth rates for Reddit Inc have been 10% over the past three years .

Back to Top