$170.71
4.27% day before yesterday
NYSE, Dec 20, 10:20 pm CET
ISIN
US75734B1008
Symbol
RDDT

Reddit Target price 2024 - Analyst rating & recommendation

Reddit Classifications & Recommendation:

Buy
62%
Hold
33%
Sell
5%

Reddit Price Target

Target Price $147.25
Price $170.71
Deviation
Number of Estimates 20
20 Analysts have issued a price target Reddit 2025 . The average Reddit target price is $147.25. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 13 Analysts recommend Reddit to buy, 7 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Reddit stock has an average upside potential 2025 of . Most analysts recommend the Reddit stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 0.80 1.28
20.60% 58.71%
EBITDA Margin -15.73% 21.28%
36.12% 235.30%
Net Margin -12.13% -56.48%
52.13% 365.65%

20 Analysts have issued a sales forecast Reddit 2024 . The average Reddit sales estimate is

$1.3b
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. This is
13.71% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$1.3b 16.93%
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, the lowest is
$1.3b 12.72%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $804m 20.60%
2024
$1.3b 58.71%
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2025
$1.7b 33.32%
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2026
$2.1b 25.55%
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2027
$2.7b 26.89%
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2028
$3.4b 24.44%
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20 Analysts have issued an Reddit EBITDA forecast 2024. The average Reddit EBITDA estimate is

$272m
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. This is
145.63% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$306m 151.40%
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, the lowest is
$261m 143.85%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-126m 22.97%
2024
$272m 314.77%
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2025
$490m 80.26%
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2026
$725m 48.13%
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2027
$1.1b 48.45%
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2028
$1.5b 36.98%
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EBITDA Margin

2023 -15.73% 36.12%
2024
21.28% 235.30%
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2025
28.78% 35.24%
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2026
33.95% 17.96%
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2027
39.72% 17.00%
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2028
43.73% 10.10%
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17 Reddit Analysts have issued a net profit forecast 2024. The average Reddit net profit estimate is

$-721m
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. This is
25.42% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-462m 19.70%
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, the lowest is
$-1.4b 140.61%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-97.5m 42.27%
2024
$-721m 639.09%
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2025
$134m 118.57%
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2026
$307m 129.07%
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2027
$532m 73.69%
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2028
$765m 43.70%
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Net Margin

2023 -12.13% 52.13%
2024
-56.48% 365.65%
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2025
7.87% 113.93%
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2026
14.35% 82.34%
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2027
19.65% 36.93%
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2028
22.69% 15.47%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -0.56 -4.14
42.27% 639.29%
P/E negative
EV/Sales 22.14

17 Analysts have issued a Reddit forecast for earnings per share. The average Reddit <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-4.14
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. This is
25.45% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-2.65 19.70%
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, the lowest is
$-7.94 140.61%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-0.56 42.27%
2024
$-4.14 639.29%
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2025
$0.77 118.60%
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2026
$1.76 128.57%
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2027
$3.06 73.86%
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2028
$4.39 43.46%
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P/E ratio

Current
2024
-41.25 20.34%
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2025
222.16 638.57%
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2026
96.98 56.35%
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2027
55.84 42.42%
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2028
38.86 30.41%
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Based on analysts' sales estimates for 2024, the Reddit stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

22.14
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and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of
23.49
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.

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 25.18
2024
22.14 12.06%
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2025
16.61 24.99%
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2026
13.23 20.35%
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2027
10.43 21.19%
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2028
8.38 19.64%
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P/S ratio

Current
2024
23.49 12.05%
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2025
17.62 24.99%
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2026
14.03 20.35%
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2027
11.06 21.19%
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2028
8.89 19.64%
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