Projected Income Statement: Reddit, Inc.

Forecast Balance Sheet: Reddit, Inc.

Fiscal Period: December 2023 2024 2025 2026 2027 2028
Net Debt 1 - -1,841 -2,477 -3,115 -4,443 -6,125
Change - - -34.55% -25.77% -42.63% -37.86%
Announcement Date 2/5/24 2/12/25 2/5/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Reddit, Inc.

Fiscal Period: December 2024 2025 2026 2027 2028
CAPEX 1 6.248 6.706 6.918 11.35 13.73
Change - 7.33% 3.16% 64.04% 20.97%
Free Cash Flow (FCF) 1 215.8 684.2 1,314 1,761 2,231
Change - 217.04% 92.06% 34.01% 26.68%
Announcement Date 2/12/25 2/5/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Reddit, Inc.

Fiscal Period: December 2023 2024 2025 2026 2027 2028

Profitability

      
EBITDA Margin (%) - 22.92% 38.37% 44.7% 46.75% 48.57%
EBIT Margin (%) - -43.11% 20.07% 30.23% 34.03% 36.83%
EBT Margin (%) - -37.32% 24% 33.1% 36.58% 39.38%
Net margin (%) - -37.25% 24.05% 32.11% 33.42% 34.3%
FCF margin (%) - 16.6% 31.06% 38.8% 39.45% 40.23%
FCF / Net Income (%) - -44.56% 129.16% 120.84% 118.06% 117.3%

Profitability

      
ROA - -24.63% 19% 24.62% 23.66% 24.89%
ROE - -56.38% 20.94% 28.25% 26.44% 26.99%

Financial Health

      
Leverage (Debt/EBITDA) - - - - - -
Debt / Free cash flow - - - - - -

Capital Intensity

      
CAPEX / Current Assets (%) - 0.48% 0.3% 0.2% 0.25% 0.25%
CAPEX / EBITDA (%) - 2.1% 0.79% 0.46% 0.54% 0.51%
CAPEX / FCF (%) - 2.9% 0.98% 0.53% 0.64% 0.62%

Items per share

      
Cash flow per share 1 - 1.526 3.418 6.848 9.821 13.59
Change - - 123.93% 100.32% 43.42% 38.39%
Dividend per Share 1 - - - - - -
Change - - - - - -
Book Value Per Share 1 - 11.82 15.34 20.94 29.47 40.51
Change - - 29.85% 36.45% 40.77% 37.47%
EPS 1 -1.54 -3.33 2.62 5.378 7.068 8.851
Change - -116.23% 178.68% 105.28% 31.42% 25.21%
Nbr of stocks (in thousands) - 175,578 189,496 192,397 192,397 192,397
Announcement Date 2/5/24 2/12/25 2/5/26 - - -
1USD
Estimates
2026 *2027 *
P/E 28x 21.3x
PBR 7.21x 5.12x
EV / Sales 7.65x 5.51x
Yield - -

EPS & Dividend



Y-o-Y evolution of P/E

 

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
B
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
34
Last Close Price
150.85USD
Average target price
213.71USD
Spread / Average Target
+41.67%

Quarterly revenue - Rate of surprise

-40%: Exceptional extension
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