expected to be listed at an IPO price of between $31 and $34 per share. The offering would give Reddit a top valuation of about $6.4 billion — less than the $10 billion it had been valued at in ...

It hasn’t given an updated count since then, though its IPO filing said the site saw 500 million visitors in December 2023. Reddit’s low valuation is partially driven by the company’s ...

Reddit's Q4 shows 60% revenue growth & 27% cash margin, but US user growth stagnates. Click to read why I think RDDT's ...

Overall, Reddit is seeking a $6.4 billion valuation with the IPO. That’s less than the $10 billion valuation that Reddit targeted when it announced its last funding round in 2021. Some investors ...

After making its public filing in February, the company priced its IPO at $34 per share ... raised roughly $519 million at a valuation of $6.5 billion. Reddit was previously valued at $10 billion ...

2024 was a great year for Reddit. The company went public in March with a $6.4 billion valuation and reported its first quarterly profit in October. Shares have soared 230% since its IPO.

Since its initial public offering (IPO) in March 2024 ... From a fundamental perspective, Reddit’s current valuation – 8 times sales – is comparable to its competitors, Meta and Pinterest ...

FY25 earnings soared with 61% YoY growth and GAAP profitability. Read why RDDT stock's post-earnings dip is a prime buying opportunity.