How to buy Reddit (RDDT) shares in Australia

Learn how to easily invest in Reddit shares.

Reddit, Inc. is an internet content & information business with stocks listed in the US. Reddit shares (RDDT) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$137.16 – an increase of 3.86% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Reddit

  1. Compare share trading platforms. To buy shares in a company listed in the US from Australia you'll need to find a trading platform that offers access to US stock markets. Look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, which will typically include your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Reddit. Find the share by name or ticker symbol: RDDT. Research its history to confirm it's a solid investment that matches your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Reddit reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying using consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$137.16, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Reddit, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Reddit. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights.

Compare trading platforms to buy Reddit shares

Name Product AUFST Standard brokerage for US shares Currency conversion fee Asset class
eToro
Exclusive
eToro logo
US$2
150 pips
ASX shares, Global shares, US shares, ETFs
Exclusive: Get 12 months of investment tracking app Delta PRO for free when you fund your eToro account. T&Cs apply.
Trade stocks, commodities and currencies from the one account and get access to social trading.
Tiger Brokers
Finder AwardExclusive
Tiger Brokers logo
US$1.99
55 pips
ASX shares, Global shares, Options trading, US shares, ETFs
Finder exclusive: Get 10 no-brokerage US or ASX trades in the first 180 days, plus US$30 NVDA shares (+US$30 TSLA shares ) when you deposit AU$2000 or more. Get 7% p.a. on uninvested cash for 30 days. T&Cs apply.
Trade US, Asian and CHESS-sponsored ASX stocks and US options.
Moomoo logo
US$0.99
55 pips or 0.0055 AUD/USD
ASX shares, Global shares, Options trading, US shares, ETFs
Finder exclusive: Unlock up to AUD$4,000 AND US$4,000 in $0 brokerage over 60 days. T&Cs apply.
Trade US, Asian and CHESS-sponsored ASX stocks and get access to social trading
Superhero logo
US$2
65 bps
ASX shares, US shares, ETFs
Sign up with code ‘finder24’ and get US$10 of Nvidia stock when you fund your account with $100 or more within 30 days. T&Cs apply.
Enjoy US$2 brokerage (other fees may apply) on US stocks and buying ETFs as well as $2 fee to trade Australian shares up to $20,000.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Reddit stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Reddit financials

Revenue TTM US$1.1 billion
Operating margin TTM 1.97%
Gross profit TTM US$0
Return on assets TTM -20.47%
Return on equity TTM -31.8%
Profit margin -47.83%
Book value 11.69
Market capitalisation US$19.2 billion
EBITDA US$-595,187,968

TTM: trailing 12 months

Reddit share dividends

We're not expecting Reddit to pay a dividend over the next 12 months.

Reddit overview

Reddit, Inc. operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.

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