Company Valuation: Reddit, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2024 2025 2026 2027 2028
Market Cap 1 28,697 43,559 29,383 - -
Change - 51.79% -32.55% - -
Enterprise Value (EV) 1 26,856 41,083 26,268 24,940 23,257
Change - 52.98% -36.06% -5.05% -6.75%
P/E -49.1x 87.7x 28.4x 21.6x 17.3x
PBR 13.8x 15x 7.29x 5.18x 3.77x
PEG -0x -0x 0x 0.7x 0.7x
Capitalization / Revenue 22.1x 19.8x 8.68x 6.58x 5.3x
EV / Revenue 20.7x 18.7x 7.76x 5.59x 4.19x
EV / EBITDA 90.1x 48.6x 17.3x 12x 8.64x
EV / EBIT -47.9x 93x 25.7x 16.4x 11.4x
EV / FCF 124x 60x 20x 14.2x 10.4x
FCF Yield 0.8% 1.67% 5% 7.06% 9.59%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 -3.33 2.62 5.378 7.068 8.851
Distribution rate - - - - -
Net sales 1 1,300 2,203 3,386 4,464 5,545
EBITDA 1 298 845.1 1,514 2,086 2,691
EBIT 1 -560.6 442 1,024 1,519 2,042
Net income 1 -484.3 529.7 1,087 1,492 1,902
Net Debt 1 -1,841 -2,477 -3,115 -4,443 -6,125
Reference price 2 163.44 229.87 152.72 152.72 152.72
Nbr of stocks (in thousands) 175,578 189,496 192,397 - -
Announcement Date 2/12/25 2/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
23.83x7.54x13.27x0.29% 1,896B
28.26x7.71x17.25x-.--% 29.24B
14.56x3.48x9.07x1.95% 9.29B
9.02x0.89x4.72x-.--% 1.68B
7.56x0.54x2.27x7.85% 1.61B
-51x1.9x18.3x-.--% 921M
6.91x - - - 829M
-21.54x0.69x2.14x-.--% 354M
Average 2.20x 3.25x 9.57x 1.44% 242.44B
Weighted average by Cap. 23.77x 7.51x 13.30x 0.3%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield