Reddit (RDDT) Competitors

57.11
-2.52 (-4.23%)
(As of 01:27 PM ET)

RDDT vs. GLOB, BILI, STNE, PEGA, TOST, CLVT, FIVN, DXC, ATHM, and RNG

Should you be buying Reddit stock or one of its competitors? The main competitors of Reddit include Globant (GLOB), Bilibili (BILI), StoneCo (STNE), Pegasystems (PEGA), Toast (TOST), Clarivate (CLVT), Five9 (FIVN), DXC Technology (DXC), Autohome (ATHM), and RingCentral (RNG). These companies are all part of the "data processing & preparation" industry.

Reddit vs.

Globant (NYSE:GLOB) and Reddit (NYSE:RDDT) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, risk, valuation, earnings, dividends, media sentiment, community ranking and profitability.

Globant received 349 more outperform votes than Reddit when rated by MarketBeat users. Likewise, 60.20% of users gave Globant an outperform vote while only 58.33% of users gave Reddit an outperform vote.

CompanyUnderperformOutperform
GlobantOutperform Votes
363
60.20%
Underperform Votes
240
39.80%
RedditOutperform Votes
14
58.33%
Underperform Votes
10
41.67%

Globant has higher revenue and earnings than Reddit.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Globant$2.10B3.69$158.54M$3.6349.44
RedditN/AN/AN/AN/AN/A

In the previous week, Reddit had 14 more articles in the media than Globant. MarketBeat recorded 33 mentions for Reddit and 19 mentions for Globant. Globant's average media sentiment score of 0.62 beat Reddit's score of 0.36 indicating that Reddit is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Globant
6 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Reddit
13 Very Positive mention(s)
3 Positive mention(s)
12 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Globant presently has a consensus target price of $242.59, suggesting a potential upside of 35.49%. Given Reddit's stronger consensus rating and higher probable upside, equities analysts clearly believe Globant is more favorable than Reddit.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Globant
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Reddit
1 Sell rating(s)
6 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.56

91.6% of Globant shares are owned by institutional investors. 2.7% of Globant shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Globant has a net margin of 7.56% compared to Globant's net margin of 0.00%. Reddit's return on equity of 11.38% beat Globant's return on equity.

Company Net Margins Return on Equity Return on Assets
Globant7.56% 11.38% 8.14%
Reddit N/A N/A N/A

Summary

Globant beats Reddit on 11 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RDDT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RDDT vs. The Competition

MetricRedditData processing & preparation IndustryComputer SectorNYSE Exchange
Market Cap$9.13B$3.57B$20.42B$18.03B
Dividend YieldN/A2.03%2.74%3.46%
P/E RatioN/A22.27265.3525.85
Price / SalesN/A6.42549.6010.88
Price / CashN/A46.1728.1019.65
Price / BookN/A7.176.776.09
Net IncomeN/A$19.79M$630.17M$965.90M
7 Day Performance14.55%0.21%1.62%1.28%
1 Month Performance39.52%13.65%4.72%6.38%
1 Year PerformanceN/A6.14%33.15%134.14%

Reddit Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GLOB
Globant
4.9317 of 5 stars
$191.05
-1.5%
$244.35
+27.9%
+25.0%$8.35B$2.10B52.6329,150Analyst Downgrade
Short Interest ↑
BILI
Bilibili
0.3595 of 5 stars
$13.66
-1.5%
$15.26
+11.7%
-19.1%$5.63B$3.19B-8.338,801Upcoming Earnings
STNE
StoneCo
4.9135 of 5 stars
$16.97
+0.6%
$19.00
+12.0%
+6.3%$5.33B$2.41B16.8017,091Gap Down
PEGA
Pegasystems
4.9627 of 5 stars
$61.29
0.0%
$72.33
+18.0%
+46.6%$5.21B$1.43B74.745,406Positive News
TOST
Toast
2.2603 of 5 stars
$26.82
+13.0%
$25.35
-5.5%
+42.8%$12.10B$3.87B-52.595,500Gap Up
High Trading Volume
CLVT
Clarivate
2.2188 of 5 stars
$6.16
-11.4%
$8.00
+29.9%
-22.5%$4.12B$2.63B-4.1612,000Short Interest ↑
Gap Up
FIVN
Five9
3.2889 of 5 stars
$54.32
-3.8%
$84.88
+56.3%
-1.4%$4.01B$910.49M-63.912,684Short Interest ↑
DXC
DXC Technology
2.7022 of 5 stars
$19.89
+1.0%
$23.20
+16.6%
-15.5%$3.64B$14.43B-10.41130,000
ATHM
Autohome
2.8866 of 5 stars
$28.45
+5.3%
$46.00
+61.7%
-11.0%$3.38B$1.01B13.295,511Positive News
RNG
RingCentral
4.1873 of 5 stars
$34.38
+14.6%
$38.56
+12.1%
+33.7%$3.17B$2.20B-19.654,084Gap Up
High Trading Volume

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This page (NYSE:RDDT) was last updated on 5/16/2024 by MarketBeat.com Staff

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