Currently, there are 129.15M common shares owned by the public and among those 114.43M shares have been available to trade.
The company’s stock has a 5-day price change of -3.06% and 67.94% over the past three months. RDDT shares are trading 98.26% year to date (YTD), with the 12-month market performance down to -10.70% 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 8.51 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 6.29%, 19.72%, and 11.38% respectively.
Institutional ownership of Reddit Inc (NYSE: RDDT) shares accounts for 55.50% of the company’s 129.15M shares outstanding.
It has a market capitalization of $26.93B and a beta (3y monthly) value of 2.39. The stock’s trailing 12-month PE ratio is 225.80, 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 5.99% over the week and 6.22% 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. Wells Fargo stated their Equal Weight rating for the stock in a research note on July 01, 2025, with the firm’s price target at $115-$118. Cleveland Research coverage for the Reddit Inc (RDDT) stock in a research note released on June 25, 2025 offered a Buy rating with a price target of $166. RBC Capital Mkts was of a view on June 03, 2025 that the stock is Sector Perform, while Wells Fargo gave the stock Equal Weight rating on May 19, 2025, issuing a price target of $115. Seaport Research Partners on their part issued Buy rating on May 05, 2025.
