Currently, there are 129.15M common shares owned by the public and among those 114.37M shares have been available to trade.
The company’s stock has a 5-day price change of 7.38% and 0.51% over the past three months. RDDT shares are trading -22.79% year to date (YTD), with the 12-month market performance up to 91.42% higher. It has a 12-month low price of $49.13 and touched a high of $230.41 over the same period. RDDT has an average intraday trading volume of 8.46 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 13.44%, 15.90%, and 0.99% respectively.
Institutional ownership of Reddit Inc (NYSE: RDDT) shares accounts for 55.33% of the company’s 129.15M shares outstanding.
It has a market capitalization of $23.29B and a beta (3y monthly) value of 2.01. The stock’s trailing 12-month PE ratio is 195.24, while the earnings-per-share (ttm) stands at $0.65. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.47% over the week and 4.31% over the month.
Earnings per share for the fiscal year are expected to increase by 137.32%, and 84.58% over the next financial year.
Looking at the support for the RDDT, a number of firms have released research notes about the stock. RBC Capital Mkts stated their Sector Perform rating for the stock in a research note on June 03, 2025, with the firm’s price target at $125. Wells Fargo coverage for the Reddit Inc (RDDT) stock in a research note released on May 19, 2025 offered a Equal Weight rating with a price target of $115. Seaport Research Partners was of a view on May 05, 2025 that the stock is Buy, while Bernstein gave the stock Mkt Perform rating on May 02, 2025, issuing a price target of $130. Oppenheimer on their part issued Outperform rating on April 16, 2025.
