Added to YB: 2026-09-10
Pitch date: 2026-09-08
RDDT [neutral]
Reddit, Inc.
-1.48%
current return
Author Info
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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
$29.7B
Pitch Price
$148.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
33.15
P/E
36.00
EV/Sales
9.70
Sector
Interactive Media and Services
Category
growth
Reddit: Becoming cash-generating machine
RDDT (pass): Reddit’s advertiser tools are driving rapid growth and operating leverage: Q2-2026 revenue rose 61% and operating income 242%, while 11 of 15 advertiser categories grew more than 50%. However, U.S. user ambitions look difficult, its ARPU disadvantage to Meta is expected to persist, and logged-out traffic remains dependent on Google. The valuation is not attractive today; a $20B market cap would represent a compelling entry point.
Read full article (4 min)