Reddit Inc (RDDT) concluded trading on Wednesday at a closing price of $107.17, with 5.86 million shares of worth about $627.99 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 32.47% during that period and on April 23, 2025 the price saw a gain of about 5.42%. 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 11.10% in past 5 days and over the past one month there was a price change of -14.22%. Year-to-date (YTD), RDDT shares are showing a performance of -34.43% which increased to 162.16% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $40.85 but also hit the highest price of $230.41 during that period. The average intraday trading volume for Reddit Inc shares is 7.87 million. The stock is currently trading 5.51% above its 20-day simple moving average (SMA20), while that difference is down -18.84% for SMA50 and it goes to -7.12% lower than SMA200.
Reddit Inc (NYSE: RDDT) currently have 125.00M outstanding shares and institutions hold larger chunk of about 53.08% of that.
The stock has a current market capitalization of $19.39B and its 3Y-monthly beta is at 2.77. 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 5.51% while standing at 9.27% over the month.
Stock’s fiscal year EPS is expected to rise by 132.52% while it is estimated to increase by 101.06% 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.
