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Reddit (Reddit) Market Cap : $9,750.1 Mil (As of May. 16, 2024)


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What is Reddit Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Reddit's share price for the quarter that ended in Mar. 2024 was $49.32. Reddit's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 163.3 Mil. Therefore, Reddit's market cap for the quarter that ended in Mar. 2024 was $8,056.2 Mil.

Reddit's quarterly market cap stayed the same from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($8,056.2 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Reddit's Enterprise Value for Today is $8,548.0 Mil.


Reddit Market Cap Historical Data

The historical data trend for Reddit's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reddit Market Cap Chart

Reddit Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- - - -

Reddit Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 8,056.22

Competitive Comparison of Reddit's Market Cap

For the Internet Content & Information subindustry, Reddit's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reddit's Market Cap Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Reddit's Market Cap distribution charts can be found below:

* The bar in red indicates where Reddit's Market Cap falls into.



Reddit Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Reddit's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$0*158.993
=$0.0

Reddit's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$49.32*163.346
=$8,056.2

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reddit  (NYSE:RDDT) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Reddit Market Cap Related Terms

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Reddit (Reddit) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

Reddit (Reddit) Headlines

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