Business description: Reddit, Inc.

Reddit, Inc. operates a social platform, Reddit. The Company operates mobile applications and a Website that allows users to form communities and create and share content. Reddit is focused on bringing community, belonging, and empowerment to everyone in the world. Reddit is a global, digital city where anyone can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversation, and authentic human connections. It offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. It offers Memorable AI, that uses generative artificial intelligence to help marketers create better advertisements. Memorable AI technology help advertisers to find the effective text, images and videos to use in their sponsored messages.

Number of employees: 2,233

Sales by Activity: Reddit, Inc.

Fiscal Period: December20202021202220232024

Internet Information Providers

229M 485M 667M 804M 1.3B
See all business segments

Geographical breakdown of sales: Reddit, Inc.

Fiscal Period: December20202021202220232024

United States

207M 400M 549M 651M 1.06B

Rest of World

22.14M 85.28M 118M 153M 237M
See all geographic segments

Executive Committee: Reddit, Inc.

Manager TitleAgeSince
Chief Executive Officer 41 2015-06-30
Director of Finance/CFO 59 2021-02-28
Chief Tech/Sci/R&D Officer - 2021-12-31
Chief Tech/Sci/R&D Officer 46 2017-04-30
Chief Operating Officer 50 2018-03-31
See REDDIT, INC. governance

Composition of the Board of Directors: Reddit, Inc.

Director TitleAgeSince
Director/Board Member 41 2015-06-30
Director/Board Member 42 2020-06-09
Director/Board Member 58 2019-04-30
Director/Board Member 64 2012-03-31
Director/Board Member 71 2021-12-31
Chairman 56 2023-10-31
Director/Board Member 68 2024-03-20
Director/Board Member 34 2024-05-01
Composition of the Board of Directors

Shareholders: Reddit, Inc.

NameEquities%Valuation
Fidelity Management & Research Co. LLC
10.59 %
13,288,096 10.59 % 2 001 M $
Vanguard Investments Australia Ltd.
8.124 %
10,198,552 8.124 % 1 536 M $
6.175 %
7,751,457 6.175 % 1 167 M $
AllianceBernstein LP
4.509 %
5,659,990 4.509 % 852 M $
Coatue Management LLC
3.781 %
4,745,900 3.781 % 715 M $
NameEquities%Valuation
Advance Publications, Inc.
34.55 %
42,191,092 34.55 % 6 353 M $
Fidelity Management & Research Co. LLC
9.61 %
11,734,944 9.61 % 1 767 M $
Apollo Projects
9.31 %
11,369,103 9.31 % 1 712 M $
Vy Capital Management Co. Ltd. (Venture Capital)
5.562 %
6,792,080 5.562 % 1 023 M $
Quiet Capital Management LP
5.413 %
6,610,551 5.413 % 995 M $
List of REDDIT, INC. shareholders

Company details: Reddit, Inc.

Reddit, Inc.

303 2nd Street, South Tower 5th floor

94107, San Francisco

+

http://www.redditinc.com
address Reddit, Inc.(RDDT)

Social Media & Networking

Change 5d. change 1-year change 3-years change Capi.($)
-0.21%-8.59%+106.33% - 26.88B
+1.68%+2.69%+38.26%+328.83% 1,842B
-0.77%+5.32%+36.62%-21.72% 35.53B
+1.33%+1.33%+6.24%-56.31% 8.06B
-1.14%+4.62%-36.35%-22.39% 5.27B
-0.31%+2.53%+17.78%-57.36% 2.38B
-0.45%+0.90% - - 734M
+1.82%+1.21%-30.10%-80.36% 693M
+6.83%+8.18%-35.58%-55.56% 658M
+0.07%+0.07%-77.79%-89.61% 502M
Average -0.21%+0.56%+2.82%-6.81% 192.32B
Weighted average by Cap. -0.62%+2.57%+38.74%+318.76%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
BB
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
27
Last Close Price
145.65USD
Average target price
149.12USD
Spread / Average Target
+2.38%
Consensus

Quarterly revenue - Rate of surprise