Reddit, Inc. (RDDT)
| Market Cap | 27.06B -1.8% |
| Revenue (ttm) | 2.78B +66.6% |
| Net Income | 871.10M +302.6% |
| EPS | 4.29 +269.5% |
| Shares Out | 192.40M |
| PE Ratio | 32.79 |
| Forward PE | 23.35 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 29,915,416 |
| Open | 147.70 |
| Previous Close | 178.04 |
| Day's Range | 135.22 - 151.38 |
| 52-Week Range | 119.27 - 282.95 |
| Beta | 1.94 |
| Analysts | Buy |
| Price Target | 217.56 (+58.0%) |
| Earnings Date | Jul 30, 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 34 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price target is $217.56, which is an increase of 58.00% from the latest price.
News
Reddit price target lowered to $145 from $185 at Roth Capital
Roth Capital analyst Rohit Kulkarni lowered the firm’s price target on Reddit (RDDT) to $145 from $185 and keeps a Neutral rating on the shares. The stock fell 22% after…
Reddit CEO Pushes Back Against AI-Powered Search Results
Reddit's CEO has begun airing his concerns about Google's AI Overviews search feature. That's according to a report Saturday (Aug. 1) from Ars Technica, which said Steve Huffman addressed this issue i...
Reddit Stock Plunges on ‘Choppy' Search Referrals Warning
Reddit easily trumped Wall Street analysts' quarterly profit and revenue estimates. Investors are dropping the stock anyway.
Reddit earnings: why are investors concerned despite solid headline numbers
Reddit (RDDT) stock is under immense pressure this morning, even though the forum social media platform reported an impressive Q2 and offered upbeat future guidance. Investors are bailing on RDDT not ...
Reddit Stock (RDDT) Bleeds as Analysts Cut Price Targets Despite Q2 Beat
Shares in Reddit ($RDDT) plunged as much as 23% on Friday morning after Wall Street analysts lowered their price targets on the social media company. Analysts cited pressure on search…
Reddit is testing a new way to watch — and listen to — its viral posts
Reddit is taking a cue from TikTok to bring viral stories to life through video. On Thursday's second-quarter earnings call, the company said it's been working on a new “video Reddit” experience that ...
Friday's Opening Bell Movers: XOM, CVX, RDDT & RIVN
Wrapping up a busy week of earnings, Diane King Hall breaks down the strong profit growth from Exxon Mobil (XOM) and Chevron (CVX) as higher oil prices and global supply disruptions boosted results. E...
Reddit price target raised to $270 from $250 at B. Riley
B. Riley raised the firm’s price target on Reddit (RDDT) to $270 from $250 and keeps a Buy rating on the shares. Reddit delivered a strong Q2 beat, with resilient…
Reddit price target lowered to $200 from $250 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Reddit (RDDT) to $200 from $250 and keeps a Buy rating on the shares.
AAPL Slumps, AMZN Rallies, RDDT Drops
Tech earnings wrap up a busy week as investors react to results from some of the market's biggest names. Jenny Horne explains why Amazon (AMZN) is rallying after its strongest AWS growth since 2021, w...
Reddit price target lowered to $170 from $200 at Cantor Fitzgerald
Cantor Fitzgerald analyst Deepak Mathivanan lowered the firm’s price target on Reddit (RDDT) to $170 from $200 and keeps a Neutral rating on the shares. Reddit delivered a strong Q2…
Reddit price target lowered to $221 from $250 at Wedbush
Wedbush lowered the firm’s price target on Reddit (RDDT) to $221 from $250 and keeps an Outperform rating on the shares. The firm views the weakness in shares post Q2…
Reddit price target lowered to $200 from $225 at Oppenheimer
Oppenheimer lowered the firm’s price target on Reddit (RDDT) to $200 from $225 on lower multiple, while keeping an Outperform rating on the shares. Despite another revenue/EBITDA beat, Q2 U.S.
Reddit price target lowered to $185 from $200 at Baird
Baird analyst Colin Sebastian lowered the firm’s price target on Reddit (RDDT) to $185 from $200 and keeps a Neutral rating on the shares.
Reddit price target lowered to $185 from $200 at JPMorgan
JPMorgan analyst Doug Anmuth lowered the firm’s price target on Reddit (RDDT) to $185 from $200 and keeps a Neutral rating on the shares. The stock traded down 11% despite…
Reddit price target lowered to $195 from $215 at Piper Sandler
Piper Sandler lowered the firm’s price target on Reddit (RDDT) to $195 from $215 and keeps an Overweight rating on the shares. The firm notes Reddit’s Q2 results and Q3…
Reddit price target lowered to $142 from $187 at Wells Fargo
Wells Fargo lowered the firm’s price target on Reddit (RDDT) to $142 from $187 and keeps an Equal Weight rating on the shares. The firm says U.S. daily average user…
Reddit reports a solid quarter but shows signs of AI's impact
Reddit reported a strong second quarter but spooked investors by mentioning in an investor letter that traffic from search engines had grown “choppy.”
AMZN Beats & COIN, MSTR, RDDT, RIVN Earnings
Jeff Pierce and Marley Kayden break down the latest earnings from Amazon (AMZN), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), and Rivian (RIVN) highlighting the biggest surprises and what they mea...
Reddit Earnings Call Transcript: Q2 2026
Q2 saw 61% revenue growth to $805M, with adjusted EBITDA margin at 43% and net income more than doubling year-over-year. User retention and direct engagement improved, while ad business and international growth remained strong. Guidance for Q3 projects continued high growth.
Reddit Shareholder letter: Q2 2026
Reddit has published a letter to shareholders covering Q2 2026, which was released on July 30, 2026.
Reddit Earnings release: Q2 2026
Reddit released its Q2 2026 earnings on July 30, 2026, summarizing the period's financial results.
Reddit Quarterly report: Q2 2026
Reddit has published its Q2 2026 quarterly earnings report on July 30, 2026.
Reddit reports Q2 average revenue per use $6.18 vs. $4.53 last year
16:15 EDT Reddit (RDDT) reports Q2 average revenue per use $6.18 vs. $4.53 last year