Alternative data suggest Reddit’s Q3 revenue rose 62% year over year, while Q3 estimates increased 49%, according to investor Jonah Lupton. He says RDDT trades at 17-18x next-12-month EPS, with cash equal to about 10% of market cap.
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Alternative data suggest Reddit’s Q3 revenue rose 62% year over year, while Q3 estimates increased 49%, according to investor Jonah Lupton. He says RDDT trades at 17-18x next-12-month EPS, with cash equal to about 10% of market cap.
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