Added to YB: 2026-07-31
Pitch date: 2026-07-28
RDDT [bullish]
Reddit, Inc.
-2.14%
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
$34.3B
Pitch Price
$181.94
Price Target
N/A
Dividend
N/A
EV/EBITDA
48.58
P/E
50.92
EV/Sales
12.74
Sector
Interactive Media and Services
Category
growth
Reddit's Last Logged-In Quarter
RDDT (added to position): Long into Q2 earnings. Thesis: mgmt reactivated app/login prompts in Q2 (confirmed by iOS rank spike #170→#100), artificially boosting logged-in US DAUq before metric retired. Vs flat consensus, any growth = surprise. Historical 10%+ rev beats vs guidance; est ~$778M+ rev, $1.15 EPS. Adding via RDTL 2x levered ETF.
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