Professional
Added to YB: 2026-06-05
Pitch date: 2026-06-02
RDDT [neutral]
Reddit, Inc.
+10.13%
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
$32.6B
Pitch Price
$167.00
Price Target
240.00 (+42%)
Dividend
N/A
EV/EBITDA
46.06
P/E
48.49
EV/Sales
12.08
Sector
Interactive Media and Services
Category
growth
Citizens on $RDDT Price Target $240
RDDT (update): Citizens PT $240. Data licensing renewal cycle = upside to 2027 ests; expect higher-payment deal in 2H26 ahead of Google (1Q27) & OpenAI (May27) expirations. Reddit data worth $1B+ to Google; $500M/yr licensing implies 2027 EBITDA $2.3B vs $2.0B base. At $177.85 trades 16.5x 2027E EBITDA, 25.4x EPS $7.01.
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