Reddit, Inc. (RDDT)
| Market Cap | 30.45B +37.0% |
| Revenue (ttm) | 2.47B +70.6% |
| Net Income | 707.54M +505.0% |
| EPS | 3.50 +432.7% |
| Shares Out | 192.51M |
| PE Ratio | 45.25 |
| Forward PE | 29.96 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,340,023 |
| Open | 153.55 |
| Previous Close | 156.31 |
| Day's Range | 153.14 - 159.16 |
| 52-Week Range | 94.89 - 282.95 |
| Beta | 1.85 |
| Analysts | Buy |
| Price Target | 229.52 (+45.11%) |
| Earnings Date | Apr 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 25 analysts, the average rating for RDDT stock is "Buy." The 12-month stock price target is $229.52, which is an increase of 45.11% from the latest price.
News
Reddit downgraded to Accumulate from Buy at Phillip Securities
Phillip Securities downgraded Reddit (RDDT) to Accumulate from Buy with a price target of $200, down from $240. The company’s Q1 results came in below the firm’s expectations. It believes…
Reddit Is Making Some Mobile Web Readers Log In or Use the App Instead
The company says it's a limited test on a small set of users who frequently browse without being logged in. There may be some ways around it.
Reddit's Ad Revenue and User Growth Outpace Projections. The Stock Is Rallying
Reddit's stock is surging on some fresh signs of growth. Will it be enough to drive a comeback for the stock?
Reddit price target raised to $200 from $180 at Goldman Sachs
Goldman Sachs analyst Eric Sheridan raised the firm’s price target on Reddit (RDDT) to $200 from $180 and keeps a Neutral rating on the shares. Reddit’s management highlighted steady user…
RDDT Rallies, EL Shines, CVX/XOM Earnings Breakdown
Reddit (RDDT) rallies after a 1Q earnings beat, thanks in part to a 74% increase in advertising revenue. George Tsilis dives into the social media giant's metrics and notes lower capex spending as a p...
Reddit price target raised to $265 from $260 at Truist
Truist analyst Youssef Squali raised the firm’s price target on Reddit (RDDT) to $265 from $260 and keeps a Buy rating on the shares. The company reported a strong Q1…
Reddit price target raised to $180 from $170 at Raymond James
Raymond James raised the firm’s price target on Reddit (RDDT) to $180 from $170 and keeps a Market Perform rating on the shares. Reddit delivered a strong Q1 beat driven…
Reddit stock jumps 12%: can AI-driven ads spark stock revival?
Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter results and issued an upbeat revenue forecast, highlighting growing returns from ...
Reddit price target lowered to $225 from $250 at Oppenheimer
Oppenheimer analyst Jason Helfstein lowered the firm’s price target on Reddit (RDDT) to $225 from $250 on lower peer valuations. The firm keeps an Outperform rating on the shares following…
Reddit price target raised to $300 from $290 at Evercore ISI
Evercore ISI analyst Mark Mahaney raised the firm’s price target on Reddit (RDDT) to $300 from $290 and keeps an Outperform rating on the shares.
Reddit price target raised to $190 from $175 at BofA
BofA raised the firm’s price target on Reddit (RDDT) to $190 from $175 and keeps a Neutral rating on the shares. The firm is raising its FY26 revenue estimate by…
People are finally using Reddit's search
After being harried by complaints that its search function needed improving, Reddit has in the last few years invested in its search engine, and has even added AI features to help its users find what ...
Reddit price target lowered to $225 from $250 at Raymond James
Raymond James analyst Josh Beck lowered the firm’s price target on Reddit (RDDT) to $225 from $250 and keeps a Strong Buy rating on the shares. Reddit delivered a strong…
Reddit price target raised to $215 from $205 at Piper Sandler
Piper Sandler raised the firm’s price target on Reddit (RDDT) to $215 from $205 and keeps an Overweight rating on the shares. The firm notes the company delivered another strong…
Reddit Stock (RDDT) Rockets 15% on Forecast, Strong Q1 Beat as CEO Touts AI Advantage
Shares in Reddit ($RDDT) jumped over 15% in Friday’s pre-market after the social media company reported first-quarter 2026 earnings results that significantly surpassed Wall Street expectations. The c...
Reddit price target raised to $176 from $149 at Wells Fargo
Wells Fargo raised the firm’s price target on Reddit (RDDT) to $176 from $149 and keeps an Equal Weight rating on the shares. The firm says investors were concerned on…
Reddit price target lowered to $240 from $250 at Citizens
Citizens analyst Andrew Boone lowered the firm’s price target on Reddit (RDDT) to $240 from $250 and keeps an Outperform rating on the shares. Reddit delivered a strong beat driven…
Reddit rallies as AI‑driven ad growth fuels strong revenue outlook
Reddit shares jumped 16% in premarket trading on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media company's AI-driven advertising tools.
Reddit CEO: 30% of our users aren’t on other social media
In an interview on CNBC’s Mad Money, Steve Huffman said Reddit (RDDT) is one of the most trusted sources for product purchasing information. “We are the fuel for AI,” he…
Reddit's CEO calls his company 'the fuel' for artificial intelligence
Reddit CEO Steve Huffman said the platform's vast library of human conversations makes it a critical input for AI, calling it “the fuel” behind the technology. He emphasized Reddit's “lightweight” mod...
Reddit First-Quarter Profit, Sales Surge
The social media company posted a profit of $204 million as its ad revenue soared 74% to $625 million.
Reddit Earnings Call Transcript: Q1 2026
Q1 2026 saw 69% revenue growth to $663M, 40% adjusted EBITDA margin, and record cash flow, with strong ad performance and user growth initiatives underway. Q2 guidance projects continued robust growth and profitability, supported by product innovation and expanding advertiser adoption.
Reddit sees Q2 revenue $715M-$725M, consensus $715.53M
16:07 EDT Reddit (RDDT) sees Q2 revenue $715M-$725M, consensus $715.53M
Reddit reports 69% jump in revenue, topping analyst estimates
Reddit reported first-quarter earnings and revenue that beat analyst estimates. The company said second-quarter sales should come in the range of $715 million to $725 million, while analysts were look...