RDDT Stock Summary and Trading Ideas (Reddit Class A | NYSE:RDDT)

Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.

Reddit Class A trades on the NYSE stock market under the symbol RDDT.

As of September 2, 2026, RDDT stock price climbed to $158.10 with 5,840,558 million shares trading.

RDDT has a beta of 2.80, meaning it tends to be more sensitive to market movements. RDDT has a correlation of 0.24 to the broad based SPY ETF.

RDDT has a market cap of $30.42 billion. This is considered a Large Cap stock.

Last quarter Reddit Class A reported $805 million in Revenue and $1.25 earnings per share. This beat revenue expectation by $72 million and exceeded earnings estimates by $.28.

The top ETF exchange traded funds that RDDT belongs to (by Net Assets): VTI, VO, IVV, VUG, SPY.

RDDT has underperformed the market in the last year with a return of -29.8%, while the SPY ETF gained +19.8%. In the last 3 month period, RDDT fell short of the market, returning -11.1%, while SPY returned +1.1%. However, in the most recent 2 weeks RDDT has outperformed the stock market by returning -0.1%, while SPY returned -0.3%.

RDDT support price is $138.77 and resistance is $150.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RDDT shares will trade within this expected range on the day.