Currently, there are 129.15M common shares owned by the public and among those 114.42M shares have been available to trade.
The company’s stock has a 5-day price change of 12.25% and 39.79% over the past three months. RDDT shares are trading 136.71% year to date (YTD), with the 12-month market performance down to -7.87% lower. 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 8.74 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 17.94%, 28.92%, and 16.99% respectively.
Institutional ownership of Reddit Inc (NYSE: RDDT) shares accounts for 55.29% of the company’s 129.15M shares outstanding.
It has a market capitalization of $27.78B and a beta (3y monthly) value of 2.22. The stock’s trailing 12-month PE ratio is 232.94, 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 5.81% over the week and 6.21% over the month.
Earnings per share for the fiscal year are expected to increase by 137.62%, and 86.09% over the next financial year.
Looking at the support for the RDDT, a number of firms have released research notes about the stock. Cleveland Research stated their Buy rating for the stock in a research note on June 25, 2025, with the firm’s price target at $166. RBC Capital Mkts coverage for the Reddit Inc (RDDT) stock in a research note released on June 03, 2025 offered a Sector Perform rating with a price target of $125. Wells Fargo was of a view on May 19, 2025 that the stock is Equal Weight, while Seaport Research Partners gave the stock Buy rating on May 05, 2025, issuing a price target of $165. Bernstein on their part issued Mkt Perform rating on May 02, 2025.
