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

  1. Diluted EPS over the last four quarters was $4.30, up 264.4% year over year.
  2. Operating margin widened to 28.2% from 7.9% a year earlier.
  3. 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.

Growth90Exceptional

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%
Quality94Exceptional

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%
Value24Very weak

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%
Momentum32Weak

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%
Revisions83Strong

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%
Stability27Very weak

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).

MeasureBeforeNow
Revenue growth (YoY)70.6%66.6%↓
EPS growth (YoY)452.4%264.4%↓
Gross margin91.0%91.4%↑
Operating margin7.9%28.2%↑
FCF margin23.8%36.7%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)66.6%70.6%↓Top 4%
EPS growth (TTM, YoY)264.4%452.4%↓Top 6%
Gross margin91.4%91.0%↑Top 5%
Operating margin28.2%7.9%↑Top 7%
Net margin31.3%13.0%↑—
Free-cash-flow margin36.7%23.8%↑—
Return on invested capital23.6%—Top 3%
Revenue growth, 3-year CAGR48.9%—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 dateEPS surprise2 days5 days20 days60 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 dateEPSEstimateSurpriseRevenue
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

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)35.0×——Top 36%
P/E (forward)28.0×———
EV / EBITDA30.2×——Bottom 32%
EV / Sales9.72×——Bottom 7%
Free-cash-flow yield3.58%——Bottom 35%
Earnings yield2.86%——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 peakTo lowDeclineLengthRecovery
Feb 7, 2025Apr 4, 2025-61.4%39 days89 days (Aug 13, 2025)
Sep 18, 2025Mar 27, 2026-55.0%131 daysNot yet recovered
Mar 26, 2024Apr 17, 2024-39.8%15 days39 days (Jun 12, 2024)
Jul 12, 2024Aug 7, 2024-31.4%18 days47 days (Oct 14, 2024)
Aug 15, 2025Aug 27, 2025-14.4%8 days9 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 2021FY 2022FY 2023FY 2024FY 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 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 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 2021FY 2022FY 2023FY 2024FY 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.