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Reddit Inc. (RDDT)

(Delayed Data from NYSE)

$62.34 USD

62.34
7,653,087

+4.15 (7.13%)

Updated May 14, 2024 04:01 PM ET

After-Market: $62.58 +0.24 (0.38%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

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 D 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%.

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

Top 27% (68 out of 250)

Industry: Internet - Software

Better trading starts here.

Zacks News

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

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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.

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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.

Mark Vickery headshot

A Cooler Start to the Trading Week; TSN Mixed, SAVE Misses

This week, we see some monthly reports on consumer activity and a lot of speeches from Fed members, but that???s about it.

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Are These Recent IPOs Worth Investors' Attention?

Several exciting IPOs have emerged over the last year, reflecting renewed confidence in the investment landscape overall. But are they worth investors' attention?

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Time for IPO ETFs?

As the IPO market shows signs of improvement, investors can play IPO ETFs. The successes of Reddit and others may pave the way for a successful IPO market in the near term.

Markets Await PCE/Core-PCE Inflation Data

Markets Await PCE/Core-PCE Inflation Data

Sanghamitra Saha headshot

Reddit's Successful IPO Puts These ETFs in Focus

The popular social media platform Reddit (RDDT) celebrated a triumphant entry to the New York Stock Exchange on Thursday, with its shares skyrocketing 48% on debut.

Key Data in Focus to Start the Last Week of an Eventful March

March is turning out to be an eventful one for Wall Street. This week, investors are waiting for a series of key economic data.