Reddit Inc (RDDT) concluded trading on Wednesday at a closing price of $95.38, with 3.68 million shares of worth about $351.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 27.39% during that period and on April 16, 2025 the price saw a loss of about -1.12%. Currently the company’s common shares owned by public are about 125.00M shares, out of which, 110.30M shares are available for trading.
Stock saw a price change of -13.96% in past 5 days and over the past one month there was a price change of -13.37%. Year-to-date (YTD), RDDT shares are showing a performance of -41.64% which increased to 138.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $37.35 but also hit the highest price of $230.41 during that period. The average intraday trading volume for Reddit Inc shares is 7.94 million. The stock is currently trading -9.47% below its 20-day simple moving average (SMA20), while that difference is down -32.75% for SMA50 and it goes to -16.93% lower than SMA200.
Reddit Inc (NYSE: RDDT) currently have 125.00M outstanding shares and institutions hold larger chunk of about 53.00% of that.
The stock has a current market capitalization of $17.25B and its 3Y-monthly beta is at 3.10. It has posted earnings per share of -$3.02 in the same period. It has Quick Ratio of 12.63 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RDDT, volatility over the week remained 6.67% while standing at 9.51% over the month.
Stock’s fiscal year EPS is expected to rise by 133.12% while it is estimated to increase by 100.18% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Oppenheimer on April 16, 2025 offering an Outperform rating for the stock and assigned a target price of $125 to it. Coverage by Truist stated Reddit Inc (RDDT) stock as a Buy in their note to investors on April 07, 2025, suggesting a price target of $150 for the stock. Stock get a Neutral rating from ROTH MKM on January 22, 2025.
