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Reddit Inc. (RDDT)

(Delayed Data from NYSE)

$52.91 USD

52.91
14,508,009

-2.03 (-3.69%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $52.89 -0.02 (-0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

F Value D Growth A Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 40% (101 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

Reddit (RDDT) Shares Up on Strong Q2 Earnings, Revenues Beat

Reddit's (RDDT) second-quarter 2024 results benefit from strong daily active user growth, higher ARPU and AI-powered services.

Reddit (RDDT) to Report Q2 Earnings: What's in the Cards?

Reddit's (RDDT) second-quarter 2024 results are expected to reflect the benefits of expanding daily active uniques and the Open AI partnership.

Reddit Inc. (RDDT) Advances But Underperforms Market: Key Facts

Reddit Inc. (RDDT) closed the most recent trading day at $62.36, moving +0.48% from the previous trading session.

Why Reddit Inc. (RDDT) Dipped More Than Broader Market Today

In the most recent trading session, Reddit Inc. (RDDT) closed at $62.06, indicating a -1.41% shift from the previous trading day.

Bears are Losing Control Over Reddit Inc. (RDDT), Here's Why It's a 'Buy' Now

Reddit Inc. (RDDT) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Reddit Inc. (RDDT) Increases Despite Market Slip: Here's What You Need to Know

Reddit Inc. (RDDT) reachead $65.92 at the closing of the latest trading day, reflecting a +1.09% change compared to its last close.

Reddit Inc. (RDDT) Stock Declines While Market Improves: Some Information for Investors

In the closing of the recent trading day, Reddit Inc. (RDDT) stood at $69.40, denoting a -1.69% change from the preceding trading day.

Reddit Inc. (RDDT) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the closing of the recent trading day, Reddit Inc. (RDDT) stood at $56.48, denoting a -1.43% change from the preceding trading day.

Reddit Inc. (RDDT) Stock Declines While Market Improves: Some Information for Investors

In the latest trading session, Reddit Inc. (RDDT) closed at $60.35, marking a -0.97% move from the previous day.

Zacks Investment Ideas feature highlights: Airbnb, Uber Technologies, Robinhood, Meta Platforms and Reddit

Airbnb, Uber Technologies, Robinhood, Meta Platforms and Reddit are part of the Zacks Investment Ideas article.

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How to Trade IPOs: Private vs. Public Investing

Public and private investing each have pros and cons. To be successful in public investing, investors should avoid three common pitfalls.

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What is a Gamma Squeeze? Understand the GameStop Play

A gamma squeeze occurs when heavy call option buying sparks a feedback loop and rapid stock price hike (see GameStop). Stock Strategist Andrew Rocco explains.

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3 Recent IPOs to Buy Now: Reddit, ARM, IBIT Bitcoin ETF

The IPO market is displaying signs of a resurgence. Arm Holdings, Reddit, and IBIT are stocks to watch.

Zacks Investment Ideas feature highlights: Coinbase, Robinhood, Reddit, GameStop and MicroStrategy

Coinbase, Robinhood, Reddit, GameStop and MicroStrategy have been highlighted in this Investment Ideas article.

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Tap into Bitcoin's Bull Market with these 3 Crypto Stocks

Bitcoin is in a raging bull market and is likely to move much higher. Stock Strategist Andrew Rocco shows you how to tap into Bitcoin's performance with 3 leading crypto stocks.

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Does Reddit's (RDDT) OpenAI Partnership Make It Worth Buying?

Reddit (RDDT) is set to benefit from an expanding partner base with the latest addition of Microsoft-backed OpenAI.

Zacks Investment Ideas feature highlights: GameStop, AMC, Novavax, Reddit and Tesla

GameStop, AMC, Novavax, Reddit and Tesla have been highlighted in this Investment Ideas article.

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Meme Mania is Back: Buy these 3 Stocks

Monday's market action tells us that meme stocks are back in play. However, because not all meme stocks are created equally, investors should focus on those with fundamental catalysts.

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EPS Season: 3 Standout Reports

Though earnings reactions were relatively muted this quarter, three companies are firing on all cylinders. Stock Strategist Andrew Rocco breaks them down.

Reddit (RDDT) Q1 Earnings Beat Estimates, Revenues Up Y/Y

Reddit's (RDDT) first-quarter 2024 results benefit from strong daily active user growth and higher ARPU.

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Big Afternoon for Earnings: RDDT, WYNN, LYFT & More

Reddit's first earnings release was a success, while Rivian and EA see losses in late trading.

Markets Await Consumer Credit Report

Markets Await Consumer Credit Report.

Mark Vickery headshot

Disney Sells Off on Earnings Beat, CROX Stomps Estimates

We will keep a close eye on Disney shares as the regular trading day begins, while CROX keeps its strong 2024 alight.

Reddit (RDDT) to Report Q1 Earnings: What's in the Cards?

Reddit's (RDDT) first-quarter 2024 is expected to reflect the benefits of expanding daily active uniques and the Google deal for data, which is used for the purpose of AI model training.

Low Data Week Commences With Modest Pre-Markets

Low Data Week Commences With Modest Pre-Markets.