Added to YB: 2026-08-14
Pitch date: 2026-08-12
RDDT [neutral]
Reddit, Inc.
+2.34%
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
$29.5B
Pitch Price
$154.51
Price Target
N/A
Dividend
N/A
EV/EBITDA
32.91
P/E
35.77
EV/Sales
9.63
Sector
Interactive Media and Services
Category
growth
Deep Dive: Reddit ($RDDT) – Part 2
RDDT (update): 20yr-old 'digital city' of authentic human conversation, now essential AI training data. Rare combo: 90%+ gross margins, 60%+ rev growth 8 straight qtrs, TTM rev $2.78B (94.5% ads), GAAP profitable since late-24, 45% adj EBITDA margin (50% target). Bet: close ARPU gap vs Meta (US $11.85 vs intl $2.26), intl runway. Risks: US DAUq dip, Google traffic dependency (~50%), AI cannibalization. Valuation in Part 3.
Read full article (51 min)