RDDT · NYSE · Communication Services
$151.98
$6.46 (-4.25%) today
Market Cap
$29.24B
24h Volume
$693.9M
P/E Ratio
35.3
52w High
$258.93
52w Low
$121.84
Est. AI Revenue
15%
7-Day Sparkline (Static)
Company facts
Performance
About Reddit
Reddit runs one of the internet's largest discussion platforms, organized into communities on nearly every topic. It earns advertising revenue on that traffic and, increasingly, licenses its vast conversation archive to AI companies for model training.
AI shapes both sides of the business. Data licensing for AI training turns two decades of human conversation into revenue, Reddit Answers provides AI-powered search over its communities, and content recommendations and automated moderation run on machine learning.
Founded in 2005 and headquartered in San Francisco, California, Reddit trades on the NYSE and employs about 2,600 people under co-founder and CEO Steve Huffman.
Reddit in the AI buildout
Reddit sits in the AI Software & Platforms layer in an unusual position: it supplies training data to the buildout rather than models of its own. Its conversation corpus is valuable to AI labs training language models, and data licensing deals plus AI-powered search form the incremental growth story. The core business remains an ad-supported social platform, which anchors the exposure. Supercycle scores it 32 out of 100.
RDDT is tracked in AI Software & Platforms, rated Growing on the AI Exposure leaderboard.
By the numbers
52-week range
RDDT trades at $151.98, 22% of the way up its 52-week range of $121.84 to $258.93.
Market cap
Market capitalization is $29.24B, with an AI Exposure Score of 32 out of 100.
Valuation vs peers
Its P/E ratio of 35.3 is above the AI Software & Platforms category median of 26.1.
Next earnings
Reddit is next expected to report earnings on October 29, 2026.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Reddit do?
Reddit operates a social platform built around topic-based communities. It earns advertising revenue from the traffic those communities generate and licenses its conversation data to AI companies for model training.
How is Reddit exposed to AI?
Through its data. AI labs license Reddit's conversation corpus to train models, and AI powers its search and recommendations. The core is still an ad business, and Supercycle rates its AI Exposure Score at 32 out of 100.
What are Reddit's main AI products?
Data licensing for AI training, Reddit Answers for AI-powered search across its communities, AI content recommendations for keeping feeds relevant, and automated moderation ML that helps police the platform.
Is RDDT a pure play AI stock?
No. Reddit is an ad-supported social platform where AI data licensing and search are the incremental thesis. Its AI Exposure Score of 32 out of 100 reflects a real but secondary AI story.
Where is Reddit based and who leads it?
Reddit is headquartered in San Francisco, California, and led by co-founder and CEO Steve Huffman. Founded in 2005, the company employs about 2,600 people and its shares trade on the NYSE.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.