---
title: Reddit (RDDT) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/rddt
ticker: RDDT
as_of: 2026-10-17
sector: Communication Services
industry: Internet Content & Information
---
# Reddit (RDDT)

Reddit (RDDT) closed at $156.05 on Oct 16, 2026, overvalued by 129% vs its model value of $68.17 (from a five-year discounted cash flow).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $156.05 (Oct 16, 2026) |
| Model value (from a five-year discounted cash flow) | $68.17 |
| Price vs model | overvalued by 129% vs model |
| Range of that model | $51.26 – $104.79 |
| Market value | $30.0B |
| P/E (fiscal 2025) | 59.6 |
| Net margin (fiscal 2025) | 24.1% |
| Free cash flow (fiscal 2025) | $684.2M |
| Dividend yield (trailing twelve months) | 0.00% |
| Beta | 2.05 |
| Cost of capital (WACC) | 12.15% |
| Business classification | High Growth (High revenue growth (~66% recent), High profitability (24% net margin), Highly cyclical earnings) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Worst performing this year | #30 | −32.1% | https://sweetvaluelab.com/lists/worst-performing-this-year |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| DCF · Perpetuity growth · 5y | primary | $68.17 | $51.26 | $104.79 |
| DCF · Perpetuity growth · 10y | cross check | $79.06 | $59.95 | $119.79 |
| DCF · EBITDA exit · 5y | cross check | $65.05 | $44.91 | $88.72 |
| DCF · EBITDA exit · 10y | cross check | $76.37 | $54.98 | $104.78 |
| P/E · peers | cross check | $79.89 | $78.84 | $101.69 |
| P/E · own history | cross check | $0.00 | $0.00 | $0.00 |
| PEG | sanity check | $134.89 | $134.89 | $134.89 |
| EV/EBITDA · peers | cross check | $41.66 | $41.47 | $49.74 |
| EV/Revenue · peers | cross check | $81.26 | $78.80 | $117.37 |
| Earnings power value | cross check | $0.00 | $0.00 | $0.00 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 25 open-market sales ($15.6M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 14, 2026 | Wong Jennifer L. | Chief Operating Officer | Option/RSU exercise (10b5-1 plan) | 45,437 | $0 |
| Oct 14, 2026 | Wong Jennifer L. | Chief Operating Officer | Open-market sell (10b5-1 plan) | 1,361 | $212,193.5 |
| Oct 14, 2026 | Wong Jennifer L. | Chief Operating Officer | Open-market sell (10b5-1 plan) | 1,639 | $253,848.3 |
| Oct 14, 2026 | Wong Jennifer L. | Chief Operating Officer | Open-market sell (10b5-1 plan) | 2,100 | $323,463 |
| Oct 14, 2026 | Wong Jennifer L. | Chief Operating Officer | Open-market sell (10b5-1 plan) | 5,701 | $871,226.8 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Aug 12, 2026 | 8-K | 5.02 Departure/Election of Directors or Officers; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1713445/000171344526000107/rddt-20260812.htm |
| Jul 31, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1713445/000171344526000100/rddt-20260630.htm |
| Jul 30, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1713445/000171344526000098/rddt-20260730.htm |
| Jun 10, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1713445/000171344526000088/rddt-20260608.htm |
| May 1, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1713445/000171344526000069/rddt-20260331.htm |

## Superinvestors holding it (latest 13F)

| Manager | Quarter | Shares | Value |
| --- | --- | ---: | ---: |
| Chase Coleman | 2026-06-30 | 2,528,819 | $439.0M |
| Viking Global | 2026-06-30 | 1,565,518 | $271.7M |
| Bridgewater | 2026-06-30 | 257,428 | $44.7M |
| Druckenmiller | 2026-06-30 | 56,550 | $9.8M |

5 tracked managers in all.

## About

Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.

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Source: https://sweetvaluelab.com/stocks/rddt (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.