Added to YB: 2026-09-30
Pitch date: 2026-09-25
RDDT [bullish]
Reddit, Inc.
+6.95%
current return
Author Info
No bio for this author
Company Info
Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging.
Market Cap
$27.4B
Pitch Price
$149.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.30
P/E
33.20
EV/Sales
8.87
Sector
Interactive Media and Services
Category
growth
Reddit: No Data Deal Announcement Is Not a Red Flag
RDDT (update): Reddit’s lack of new AI data-licensing announcements is not a bearish signal because its Google and OpenAI agreements likely run into early 2027. Remaining performance obligations fell by about $30M quarter over quarter to $92M, consistent with the deals’ roughly $130M annual run rate, with $30M carrying into 2027. Renewal timing and pricing remain unresolved, but counterparties have little reason to renegotiate inexpensive contracts far ahead of expiry.
Read full article (2 min)