Added to YB: 2026-02-17
Pitch date: 2026-02-14
RDDT [bullish]
Reddit, Inc.
+5.74%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$28.2B
Pitch Price
$138.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
54.80
P/E
56.26
EV/Sales
11.68
Sector
Interactive Media and Services
Category
growth
Reddit's ARPU Convergence with Meta: The Numbers Behind the Thesis
RDDT: DAU & ARPU convergence to Meta + AI licensing optionality. Reddit captures 1.5% global DAU vs Meta's 44%, with expansion runway especially internationally. ARPU converging across regions: US 18% of Meta (5x upside), ROW 15% (7x), EU/APAC 35% (3x). Lower execution risk copying proven Meta model vs inventing it. Trading 25x fwd P/E at $140/share seems conservative given clear growth path.
Read full article (4 min)