Stocks · Communication Services · Internet Content & Information
Reddit, Inc. RDDT
$150.42 +1.73% Close, Oct 5, 2026 · NYSE · Market cap $28.46B
Strong growthHigh quality
Next earnings report: Oct 29, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $4.30, up 264.4% year over year.
- Operating margin widened to 28.2% from 7.9% a year earlier.
- Revenue over the last four quarters was $2.78B, up 66.6% from a year earlier, slowing from 70.6% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 4%
- EPS growth (TTM, YoY)Top 6%
- FCF growth (TTM, YoY)Top 11%
- Revenue growth, 3-year CAGRTop 4%
- Revenue growth accelerationBottom 16%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 3%
- Gross marginTop 5%
- Operating marginTop 7%
- Cash conversion (OCF / net income)Bottom 22%
- Accruals (lower is better)Bottom 26%
- Net debt / EBITDA (lower is better)Top 9%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 36%
- Free-cash-flow yieldBottom 35%
- EBITDA / enterprise valueBottom 32%
- Sales / enterprise valueBottom 7%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 27%
- 6-month returnTop 40%
- 1-year return vs S&P 500Bottom 30%
- Distance from 52-week highBottom 33%
- Trend checklist (0–4)Bottom 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 31%
- Consecutive EPS beatsTop 24%
- Share of analysts rating BuyTop 31%
- Upside to consensus price targetBottom 47%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 12%
- Maximum drawdown, 3 yearsBottom 44%
- Beta vs S&P 500 (lower is better)Bottom 2%
- Net debt / EBITDA (lower is better)Top 9%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 70.6% | 66.6% | ↓ |
| EPS growth (YoY) | 452.4% | 264.4% | ↓ |
| Gross margin | 91.0% | 91.4% | ↑ |
| Operating margin | 7.9% | 28.2% | ↑ |
| FCF margin | 23.8% | 36.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 66.6% | 70.6% | ↓ | Top 4% |
| EPS growth (TTM, YoY) | 264.4% | 452.4% | ↓ | Top 6% |
| Gross margin | 91.4% | 91.0% | ↑ | Top 5% |
| Operating margin | 28.2% | 7.9% | ↑ | Top 7% |
| Net margin | 31.3% | 13.0% | ↑ | — |
| Free-cash-flow margin | 36.7% | 23.8% | ↑ | — |
| Return on invested capital | 23.6% | — | Top 3% | |
| Revenue growth, 3-year CAGR | 48.9% | — | Top 4% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.18×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.3%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 12.2%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -19.9 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -1.64×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.77%
- Shareholder yield
- 0.77%
- Share count change, 1 year
- +8.0%
- Share count change, 3-year CAGR
- +7.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +29.6%
- Average 2-day reaction, last 8
- +0.5%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $202.52
- Target vs current price
- +34.6%
- Analysts with a rating
- 29
- Share rating Buy or Strong Buy
- 66%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 30, 2026 | +31.7% | +0.0% | -12.8% | -12.7% | — |
| Apr 30, 2026 | +77.5% | -0.4% | +12.7% | +13.5% | +21.3% |
| Feb 5, 2026 | +32.3% | -1.1% | -8.8% | -5.5% | +9.0% |
| Oct 30, 2025 | -23.1% | -7.8% | -6.9% | -1.5% | -6.9% |
| Jul 31, 2025 | +136.6% | +7.5% | +42.5% | +41.4% | +34.5% |
| May 1, 2025 | +647.6% | +1.9% | -9.5% | -6.5% | +30.1% |
| Feb 12, 2025 | +43.0% | +1.3% | -11.3% | -38.9% | -49.6% |
| Oct 29, 2024 | +328.6% | +2.6% | +36.8% | +78.1% | +126.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 30, 2026 | $1.25 | $0.95 | +31.7% | $804.9M |
| Apr 30, 2026 | $1.01 | $0.57 | +77.5% | $663.0M |
| Feb 5, 2026 | $1.24 | $0.94 | +32.3% | $725.6M |
| Oct 30, 2025 | $0.80 | $1.04 | -23.1% | $584.9M |
| Jul 31, 2025 | $0.45 | $0.19 | +136.6% | $499.6M |
| May 1, 2025 | $0.13 | $0.02 | +647.6% | $392.4M |
| Feb 12, 2025 | $0.36 | $0.25 | +43.0% | $427.7M |
| Oct 29, 2024 | $0.16 | -$0.07 | +328.6% | $348.4M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 35.0× | — | — | Top 36% |
| P/E (forward) | 28.0× | — | — | — |
| EV / EBITDA | 30.2× | — | — | Bottom 32% |
| EV / Sales | 9.72× | — | — | Bottom 7% |
| Free-cash-flow yield | 3.58% | — | — | Bottom 35% |
| Earnings yield | 2.86% | — | — | Top 36% |
P/E over the past five years
Range 32.7× – 178.1× since Mar 31, 2025. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -25.1%
- Earnings per share growth (TTM)
- +264.4%
- Change in P/E multiple
- -79.5%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -8.3%
- 200-day average slope (20 days)
- -3.6%
- Distance from 50-day average
- -3.5%
- Distance from 200-day average
- -10.6%
- RSI (14)
- 48.0
- Relative volume
- 1.07×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 79.6%
- Volatility vs own 5-year history
- 67th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 2.37
- Correlation with S&P 500
- 0.46
- Current drawdown from 1-year high
- -41.9%
- Maximum drawdown, 3 years
- -61.4%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Feb 7, 2025 | Apr 4, 2025 | -61.4% | 39 days | 89 days (Aug 13, 2025) |
| Sep 18, 2025 | Mar 27, 2026 | -55.0% | 131 days | Not yet recovered |
| Mar 26, 2024 | Apr 17, 2024 | -39.8% | 15 days | 39 days (Jun 12, 2024) |
| Jul 12, 2024 | Aug 7, 2024 | -31.4% | 18 days | 47 days (Oct 14, 2024) |
| Aug 15, 2025 | Aug 27, 2025 | -14.4% | 8 days | 9 days (Sep 10, 2025) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $28.46B
- P/E (TTM)
- 35.0
- EPS, diluted (TTM)
- $4.30
- Revenue (TTM)
- $2.78B
- 52-week range
- $119.27 – $263.50
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $484.9M | $666.7M | $804.0M | $1.30B | $2.20B |
| Gross profit | $412.4M | $561.9M | $693.0M | $1.18B | $2.01B |
| Operating income | -$127.2M | -$172.2M | -$140.2M | -$560.6M | $442.0M |
| Net income | -$127.9M | -$158.6M | -$90.8M | -$484.3M | $529.7M |
| EPS (diluted) | -$0.78 | -$0.97 | -$0.56 | -$2.69 | $2.62 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $348.4M | $427.7M | $392.4M | $499.6M | $584.9M | $725.6M | $663.4M | $804.9M |
| Net income | $29.9M | $71.0M | $26.2M | $89.3M | $162.7M | $251.6M | $204.0M | $252.8M |
| EPS (diluted) | $0.17 | $0.39 | $0.14 | $0.48 | $0.80 | $1.24 | $1.01 | $1.25 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$130.2M | -$94.0M | -$75.1M | $222.1M | $690.9M |
| Capital expenditure | -$2.3M | -$6.2M | -$9.7M | -$6.2M | -$6.7M |
| Free cash flow | -$132.5M | -$100.3M | -$84.8M | $215.8M | $684.2M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$95.2M | -$2.8M | $7.0M | $600.0M | $25.1M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $2.79B
- Total assets
- $3.64B
- Total liabilities
- $350.9M
- Total debt
- $20.9M
- Net debt
- -$1.47B
- Shareholders’ equity
- $3.29B
As of Jun 30, 2026 (filed Jul 31, 2026).
Short interest
- Shares sold short
- 19,850,104
- Days to cover
- 4.37
- Change vs previous report
- -1.9%
FINRA short interest, settlement date Sep 15, 2026.