Reddit, Inc. (RDDT)
| Market Cap | 30.44B -38.5% |
| Revenue (ttm) | 2.78B +66.6% |
| Net Income | 871.10M +302.6% |
| EPS | 4.29 +269.5% |
| Shares Out | 192.40M |
| PE Ratio | 36.88 |
| Forward PE | 26.22 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 967,598 |
| Open | 161.28 |
| Previous Close | 158.73 |
| Day's Range | 157.65 - 161.67 |
| 52-Week Range | 119.27 - 263.50 |
| Beta | 2.02 |
| Analysts | Buy |
| Price Target | 215.23 (+36.02%) |
| Earnings Date | Oct 29, 2026 |
About RDDT
Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also 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. Reddit, Inc. was founded in 2005 and is headquartered in... [Read more]
Financial Performance
Financial StatementsAnalyst Summary
According to 33 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price target is $215.23, which is an increase of 36.02% from the latest price.
News
Reddit Stock Surges Over 5% as Big Court Win Against AI Giant Anthropic Drives Wall Street Rally
Reddit stock ($RDDT) surged 5.22% to $157.64 on Monday after winning a big step in its court battle against AI firm Anthropic. The fast rise in stock price started after…
Reddit Scores a Key Win in Anthropic Case. Why It's Good for the Stock.
Reddit has provided enough evidence to show that Anthropic and Reddit are contractually bound by Reddit's User Agreement, a judge rules.
Reddit initiated with a Neutral at BNP Paribas
BNP Paribas analyst Nick Jones initiated coverage of Reddit (RDDT) with a Neutral rating and $180 price target
Reddit price target lowered to $185 from $200 at DA Davidson
DA Davidson lowered the firm’s price target on Reddit (RDDT) to $185 from $200 and keeps a Buy rating on the shares. The firm cites Similarweb data tracking Reddit.com web…
Reddit co-founder says tech industry has been 'tone deaf' in explaining AI: 'Misinformation flying around'
Reddit co-founder Alexis Ohanian told CNBC the industry has been "pretty tone deaf" in explaining the risks of AI. Ohanian said the AI debate should focus on substantive risks rather than become issue...
Wells Fargo sees lower probability of successful Reddit-Google AI deal renewal
Wells Fargo says that Digiday reported Google (GOOGL) is piloting a program which pays publishers for participation in AI Overviews. Program represents an acknowledgment that the traditional search va...
Reddit’s (RDDT) Accelerating User Growth Could Drive Further Upside
Reddit ($RDDT) is seeing accelerating user growth that could drive further upside, in my view. RDDT stock jumped around 6% on Thursday, September 10, after Piper Sandler data showed an…
Reddit stock rises 6% as August user growth hits 2026 high
Shares of Reddit Inc. RDDT rose more than 6% on Thursday, snapping a four-session losing streak after Piper Sandler data showed a sharp acceleration in user growth in August. The brokerage said Reddit...
Reddit Stock (RDDT) Jumps 7% on Fastest Monthly User Growth in 2026
Reddit shares ($RDDT) climbed 7% to about $156 on Thursday afternoon. This followed new data from Piper Sandler ($PIPR) showing Reddit’s users grew 8% month-over-month in August. This is Reddit’s…
Reddit Transcript: Goldman Sachs Communacopia + Technology Conference 2026
GAAP profitability, strong revenue growth, and S&P 500 inclusion highlight recent momentum. Feed improvements, AI-driven personalization, and enhanced onboarding are driving higher user retention and engagement. Strategic capital allocation focuses on product, M&A for technology and talent, and share repurchases, with a broad market opportunity and a premium on authentic human content.
Reddit to Present at the Goldman Sachs 2026 Communacopia + Technology Conference
SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT) today announced that Steve Huffman, Founder & CEO, will host a fireside chat at the Goldman Sachs 2026 Communacopia + Technology Conference on...
European Commission designates ChatGPT, Reddit, Roblox under DSA
The European Commission has designated ChatGPT as a Very Large Online Search Engine, VLOSE, as well as Reddit (RDDT) and Roblox (RBLX) as Very Large Online Platforms, VLOPs, under the…
ChatGPT, Reddit, Roblox to adhere to EU's "very large platform" rules
The European Commission on Monday said ChatGPT, Reddit and Roblox will need to adhere to the EU regulations for very large online platforms and search engines.
Reddit Stock Falls Ahead of Joining the S&P 500
The social-media platform will become a member of the benchmark index before the market opens.
Reddit begins testing a new audio and video experience, similar to popular TikTok videos
Reddit recently said it would bring most viral stories to life through a new “video Reddit” experience, allowing users to listen to Reddit posts in the background while doing other tasks and activitie...
Reddit is joining the S&P 500. Here's why that matters, and why the stock price is surging on the news
Shares in Reddit, Inc. (NYSE: RDDT) are surging in premarket trading this morning after S&P Dow Jones Indices announced that the social media platform will join its prestigious S&P 500 Index.
Andrew Arons Picks ORCL, MRVL & RDDT for 2H26 Amid Tech Rebound
Andrew Arons sees a strong second half of 2026, pointing to stocks and economic data heading into the right direction despite mixed reaction to some earnings. However, he notes previous selling action...
Reddit Joins The S&P 500 Next Week—Here's What That Means For Shares
Tesla shares surged 60% between the announcement of its S&P 500 inclusion and its addition to the index in December 2020, marking one of the largest inclusion-driven rallies on record, according to Ch...
Social Media Giant Reddit Is Set to Join the S&P 500 Soon. Its Stock Is Soaring
Reddit stock is getting a much-needed boost on its admission into a major index.
As AI Rewrites Search for Marketers, Reddit Fights to Stay the Same
Plus, Flock moves to calm a backlash over its license-plate scanners and Instagram gets a new wordmark.
Reddit Will Be Added to the S&P 500
SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT) will join the S&P 500 index, effective prior to market open on Tuesday, August 18th. Its addition to the S&P 500 underscores Reddit's value, s...
Market "Optimism" Returns, SNDK & RDDT Rally While AMAT Falls on Earnings
"Optimism has returned to markets," says Tom White, though he believes it won't come without volatility. Constant conflicting headlines out of the Strait of Hormuz serve as a lingering headwind for eq...
Brands Suddenly Care About Reddit. Redditors Don't Return the Feeling.
Reddit has moved from marketers' periphery to the core as they try to influence large language models and consumer choices.
Sandisk, Reddit, Applied Materials, and More Stocks That Explain Today's Market
Reddit rallies with the social-media platform set to join the S&P 500, while Applied Materials dips after earnings fail to wow investors.