R

Reddit Inc
NYSE:RDDT

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Reddit Inc
NYSE:RDDT
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Price: 158.02 USD 15.96% Market Closed
Market Cap: 27.7B USD
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Reddit Inc
Revenue

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
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
R
Reddit Inc
NYSE:RDDT
Revenue
$804m
CAGR 3-Years
52%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
B
Baker Hughes Co
NASDAQ:BKR
Revenue
$27.3B
CAGR 3-Years
10%
CAGR 5-Years
3%
CAGR 10-Years
1%
Schlumberger NV
NYSE:SLB
Revenue
$36B
CAGR 3-Years
17%
CAGR 5-Years
2%
CAGR 10-Years
-3%
Halliburton Co
NYSE:HAL
Revenue
$23.1B
CAGR 3-Years
17%
CAGR 5-Years
0%
CAGR 10-Years
-3%
Symbotic Inc
NASDAQ:SYM
Revenue
$1.8B
CAGR 3-Years
93%
CAGR 5-Years
79%
CAGR 10-Years
N/A
C
Corebridge Financial Inc
NYSE:CRBG
Revenue
$18B
CAGR 3-Years
9%
CAGR 5-Years
4%
CAGR 10-Years
N/A
No Stocks Found

Reddit Inc
Glance View

Market Cap
27.5B USD
Industry
N/A

Reddit Inc. has emerged as a powerhouse in the social media landscape, offering a unique platform that fosters community engagement through user-generated content and discussions. Founded in 2005, Reddit has grown into one of the largest online communities, boasting over 430 million monthly active users who contribute to diverse forums known as "subreddits." These subreddits cater to virtually every imaginable interest, providing a space for individuals to connect, share information, and collaborate on hobbies, news, and more. The company's business model capitalizes on advertising revenue, premium memberships, and partnerships, creating multiple revenue streams that enhance its financial resilience. As an investment opportunity, Reddit stands out for its robust community-centric approach that cultivates loyalty and user engagement, which can translate to stable advertising growth. The company recently expanded its advertising capabilities, enabling targeted campaigns and attracting major brands that seek to reach engaged audiences. Furthermore, its commitment to innovation, exemplified by initiatives such as the introduction of social and interactive features, positions Reddit favorably in the competitive social media market. With a strong emphasis on user experience and continuous adaptation to market trends, Reddit Inc. is not just a social platform; it has become a cultural phenomenon that investors should closely monitor as it navigates its path toward potential profitability and long-term growth.

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

See Also

What is Reddit Inc's Revenue?
Revenue
804m USD

Based on the financial report for Dec 31, 2023, Reddit Inc's Revenue amounts to 804m USD.

What is Reddit Inc's Revenue growth rate?
Revenue CAGR 3Y
52%

Over the last year, the Revenue growth was 21%. The average annual Revenue growth rates for Reddit Inc have been 52% over the past three years .

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