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Reddit Inc
NYSE:RDDT

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Reddit Inc
NYSE:RDDT
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Price: 170.71 USD 4.27% Market Closed
Market Cap: 30B USD
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Reddit Inc
Operating Income

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Reddit Inc
Operating Income Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Operating Income CAGR 3Y CAGR 5Y CAGR 10Y
R
Reddit Inc
NYSE:RDDT
Operating Income
-$140.2m
CAGR 3-Years
-31%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
B
Baker Hughes Co
NASDAQ:BKR
Operating Income
$3.3B
CAGR 3-Years
31%
CAGR 5-Years
16%
CAGR 10-Years
3%
Schlumberger NV
NYSE:SLB
Operating Income
$6.2B
CAGR 3-Years
37%
CAGR 5-Years
16%
CAGR 10-Years
-4%
Halliburton Co
NYSE:HAL
Operating Income
$4.1B
CAGR 3-Years
36%
CAGR 5-Years
14%
CAGR 10-Years
-2%
Symbotic Inc
NASDAQ:SYM
Operating Income
-$116.7m
CAGR 3-Years
2%
CAGR 5-Years
-2%
CAGR 10-Years
N/A
C
Corebridge Financial Inc
NYSE:CRBG
Operating Income
$1B
CAGR 3-Years
-8%
CAGR 5-Years
57%
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
33.41 USD
Overvaluation 80%
Intrinsic Value
Price
R

See Also

What is Reddit Inc's Operating Income?
Operating Income
-140.2m USD

Based on the financial report for Dec 31, 2023, Reddit Inc's Operating Income amounts to -140.2m USD.

What is Reddit Inc's Operating Income growth rate?
Operating Income CAGR 3Y
-31%

Over the last year, the Operating Income growth was 19%. The average annual Operating Income growth rates for Reddit Inc have been -31% over the past three years .

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