RDDT Stock Recent News

The charismatic host of CNBC's Mad Money Jim Cramer has long been a polarizing figure in the investment world.

The stock market is usually a pretty efficient mechanism for pricing in an economy's future expectations. In the case of the S&P 500, its mere size and liquidity usually give investors a pretty good gauge of where the future of the United States economy might be headed.

Market volatility comes and goes, but anyone can build a substantial nest egg in the stock market over many years by steadily adding shares of growing businesses to their portfolios, and patiently holding them.

Recently, Zacks.com users have been paying close attention to Reddit Inc. (RDDT). This makes it worthwhile to examine what the stock has in store.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's getting out of Reddit.

Reddit (RDDT -5.53%) is known as a hot spot for crowdsourced discussions, which can sometimes include questionable content. That reputation as the "Wild West of the internet" has extended to its volatile stock price.

Reddit's Q1 FY25 earnings beat expectations, but a post-earnings dip due to search algorithm changes presents a buying opportunity. Impressive 61% YoY revenue growth, GAAP profitability, and strong international expansion highlight Reddit's robust financial performance and growth potential. Reddit's ARPU is significantly lower than competitors, indicating substantial untapped monetization potential as they refine their advertising capabilities.

Reddit (RDDT 2.27%) reported fantastic results when it provided investors with a quarterly update.

After a blowout first-quarter report and surging ad revenue growth, one analyst upgraded Reddit RDDT, citing strong international momentum, rising logged-in users, and a high-intent commercial audience.

Seaport Research Partners expects Reddit to still see long-term user growth despite the “near-term headwind” of Google search changes.