Reddit Inc (RDDT) concluded trading on Wednesday at a closing price of $105.43, with 5.2 million shares of worth about $547.95 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.28% during that period and on Wednesday the price saw a gain of about 0.77%. Currently the company’s common shares owned by public are about 129.15M shares, out of which, 113.95M shares are available for trading.
Stock saw a price change of -0.20% in past 5 days and over the past one month there was a price change of -13.02%. Year-to-date (YTD), RDDT shares are showing a performance of -35.49% which increased to 94.66% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $49.13 but also hit the highest price of $230.41 during that period. The average intraday trading volume for Reddit Inc shares is 9.18 million. The stock is currently trading -3.81% below its 20-day simple moving average (SMA20), while that difference is down -2.24% for SMA50 and it goes to -12.90% lower than SMA200.
Reddit Inc (NYSE: RDDT) currently have 129.15M outstanding shares and institutions hold larger chunk of about 55.31% of that.
The stock has a current market capitalization of $19.45B and its 3Y-monthly beta is at 1.78. PE ratio of stock for trailing 12 months is 163.10, while it has posted earnings per share of $0.65 in the same period. It has Quick Ratio of 12.46 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 1.23% while standing at 4.89% over the month. Stock’s fiscal year EPS is expected to rise by 137.31% while it is estimated to increase by 83.26% 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 Wells Fargo on May 19, 2025 offering an Equal weight rating for the stock and assigned a target price of $115 to it. Coverage by Seaport Research Partners stated Reddit Inc (RDDT) stock as a Buy in their note to investors on May 05, 2025, suggesting a price target of $165 for the stock. On May 02, 2025, Bernstein Upgrade their recommendations, while on April 16, 2025, Oppenheimer Initiated their ratings for the stock with a price target of $125. Stock get a Buy rating from Truist on April 07, 2025.
