Reddit Future Growth
Future criteria checks 4/6
Reddit is forecast to grow earnings and revenue by 79.7% and 18.2% per annum respectively. EPS is expected to grow by 98.5% per annum. Return on equity is forecast to be -2.9% in 3 years.
Key information
79.7%
Earnings growth rate
98.5%
EPS growth rate
| Interactive Media and Services earnings growth | 13.2% |
| Revenue growth rate | 18.2% |
| Future return on equity | -2.9% |
| Analyst coverage | Good |
| Last updated | 17 May 2024 |
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,603 | 39 | 187 | 157 | 10 |
| 12/31/2025 | 1,326 | -59 | 112 | 131 | 15 |
| 12/31/2024 | 1,089 | -687 | 72 | 94 | 15 |
| 3/31/2024 | 883 | -605 | -59 | -47 | N/A |
| 12/31/2023 | 804 | -91 | -85 | -75 | N/A |
| 9/30/2023 | 755 | -132 | -100 | -93 | N/A |
| 3/31/2023 | 684 | -184 | -100 | -95 | N/A |
| 12/31/2022 | 667 | -159 | -100 | -94 | N/A |
| 9/30/2022 | 643 | -130 | -97 | -91 | N/A |
| 6/30/2022 | 593 | -92 | -67 | -63 | N/A |
| 3/31/2022 | 552 | -107 | -95 | -92 | N/A |
| 12/31/2021 | 485 | -128 | -132 | -130 | N/A |
| 9/30/2021 | 401 | -121 | -98 | -96 | N/A |
| 12/31/2020 | 229 | -59 | -65 | -62 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RDDT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).
Earnings vs Market: RDDT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: RDDT is expected to become profitable in the next 3 years.
Revenue vs Market: RDDT's revenue (18.2% per year) is forecast to grow faster than the US market (8.3% per year).
High Growth Revenue: RDDT's revenue (18.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RDDT is forecast to be unprofitable in 3 years.