From Nasdaq: 2025-04-28 15:00:00

Reddit’s stock (RDDT) has dropped 26.5% YTD, attributing to macroeconomic challenges and competition. Despite this, RDDT sees growth from user expansion and advertising investments, with revenues of $1.3 billion. Partnerships with Alphabet and Intercontinental Exchange enhance Reddit’s offerings. Earnings estimates for Q1 2025 show a positive trend with expected revenues of $360-$370 million. However, intense competition from Snap and premium stock valuation suggest caution in investing in RDDT. The Zacks Rank for RDDT is currently a Strong Sell, indicating a risky investment.



Read more at Nasdaq: Reddit Stock Plunges 27% Year to Date: Should You Avoid RDDT for Now?