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USCommunication Services

Reddit, Inc. (RDDT)

US · Communication Services · Internet Content & Information

$152.90-2.98%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$804.9M
Revenue YoY
+61.1%
Net profit
$252.8M
Profit YoY
+183.2%
EPS
$1.25
EPS estimate
$0.99
Net margin
31.4%

EPS came in at 1.25 against a street estimate of 0.99 — a beat of 26.3%.

Key statistics

Market cap
$29.89B
P/E
34.0
Forward P/E
22.4
P/B
8.57
Book value
$17.08
EPS (TTM)
$4.57
52-week high
$282.95
52-week low
$119.27
50-day MA
$169.10
200-day MA
$174.16
Beta
2.02

Analyst view

Analysts rate Reddit, Inc. a buy (15 buy, 10 hold, 1 sell out of 26) with an average price target of $213.10.

From the latest earnings call · 2026-07-30

CONFIDENT Reddit posted 61% revenue growth, 43% adj. EBITDA margin, crossed $1M revenue/employee. User growth flat YoY amid search headwinds, but app retention up 50% and monetization strong. Q3 guidance 47–49% growth. Q2 2026 U.S. and international weeklies both grew sequentially. International headwind from machine-translated content volatility. Analysts pressed user growth and search volatility; Huffman emphasized product momentum and direct-user value multiples. Licensing questions prompted non-binary, expansion-focused framing. User acquisition spend bottleneck identified as retention, not ARPU or gross margins. 2026-07-30…

Full summary in the app.

Shareholding

Insiders
0.66%
Institutions
89.11%

Largest institutional holders

FundStake
BlackRock Inc3.98%
Baillie Gifford & Co Limited.3.74%
Vanguard Portfolio Management, LLC3.50%
Vanguard Capital Management, LLC3.07%
AllianceBernstein L.P.2.53%
Capital World Investors2.30%
JPMorgan Chase & Co2.29%
Jericho Capital Asset Management LP1.73%

Recent filings & reports

DocumentDate
Board / officer change · Q3 2026
REDDIT, INC. — FORM 8-K SUMMARY HEADLINE NUMBERS • Filing Date: August 12, 2026 • Company: Reddit, Inc. (Stock ticker: RDDT, NYSE) • Headquarters: 3
2026-08-12
Quarterly report · Q2 2026
REDDIT, INC. - Q2 2026 FORM 10-Q SUMMARY HEADLINE NUMBERS • Revenue Q2 2026: $804.9 million (up 61% vs Q2 2025 at $499.6 million) • Revenue H1 2026:
2026-07-31
Results announced · Q3 2026
REDDIT Q2 2026 SHAREHOLDER LETTER SUMMARY HEADLINE NUMBERS • Revenue: $805 million, up 61% year-over-year • Net income: $253 million, up 183% year-o
2026-07-30
Shareholder vote results · Q2 2026
REDDIT, INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Annual stockholder meeting held June 8, 2026 • 586.7 million votes cast for director elections (e
2026-06-10
Quarterly report · Q1 2026
REDDIT, INC. - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Revenue: $663.4 million for Q1 2026, up 69% from $392.4 million in Q1 2025 • Net Income: $203
2026-05-01
Results announced · Q2 2026
REDDIT Q1 2026 SHAREHOLDER LETTER SUMMARY HEADLINE NUMBERS • Revenue: $663 million, up 69% year-over-year • Net income: $204 million (31% margin), u
2026-04-30
Proxy statement · Q2 2026
REDDIT, INC. – 2026 PROXY STATEMENT SUMMARY CEO COMPENSATION • Steven Huffman (Co-Founder and Chief Executive Officer) total compensation figure not
2026-04-23
Annual report FY2025
REDDIT, INC. - 2025 10-K SUMMARY HEADLINE NUMBERS • Market capitalization (as of June 30, 2025): $21.2 billion • Average daily active uniques (DAUq)
2026-02-06

Readable in the app.

Deals & corporate news

AnnouncementDate
$1 billion share repurchase program authorized by board of directors
Reddit reported strong fourth quarter and full year 2025 results with exceptional growth. Revenue surged 70% year-over-year to $726 million in Q4 and 69% to $2.2 billion for full year 2025,
2026-02-05

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Data updated 2026-09-18.