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 July 17, 2026, RDDT stock price declined to $184.46 with 1,489,090 million shares trading.

RDDT has a beta of 2.15, meaning it tends to be more sensitive to market movements. RDDT has a correlation of 0.13 to the broad based SPY ETF.

RDDT has a market cap of $35.50 billion. This is considered a Large Cap stock.

Last quarter Reddit Class A reported $663 million in Revenue and $1.01 earnings per share. This beat revenue expectation by $54 million and exceeded earnings estimates by $.43.

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

RDDT has outperformed the market in the last year with a return of +27.8%, while the SPY ETF gained +20.8%. In the last 3 month period, RDDT beat the market returning +13.5%, while SPY returned +6.6%. However, in the most recent 2 weeks RDDT has underperformed the stock market by returning -5.2%, while SPY returned +0.2%.

RDDT support price is $176.96 and resistance is $193.56 (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.