Shares of Technology sector company Series moved -1.5% today, and are now trading at a price of $222.11. The Large-Cap stock's daily volume was 872,242 compared to its average volume of 7,591,012. The S&P 500 index returned a -1.0% performance.
Reddit, Inc. operates a digital community in the United States and internationally. The company is based in San Francisco and has 2,233 full time employees. Its market capitalization is $41,569,218,560.
26 analysts are following Series and have set target prices ranging from $110.0 to $235.0 per share. On average, they have given the company a rating of buy. At today's prices, RDDT is trading 12.57% away from its average analyst target price of $197.31 per share.
Over the last year, RDDT's share price has increased by 275.7%, which represents a difference of 260.6% when compared to the S&P 500. The stock's 52 week high is $253.14 per share whereas its 52 week low is $55.25. With average free cash flows of $10.24 Million that have been growing at an average rate of 77.6% over the last 2 years, Series is in a position to continue its strong stock performance trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 222,068 | 6,248 | 215,820 | 354.39 |
| 2023 | -75,114 | 9,724 | -84,838 | 15.38 |
| 2022 | -94,021 | 6,233 | -100,254 |
