Reddit, Inc. (RDDT) Stock Price & Analysis
Reddit, Inc. (RDDT) closed at USD 150.26 on Thursday, October 22, 2026, down 1.97% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 153.28; the Oct 22, 2026 session ranged USD 147.77–152.46 on volume of 3,294,518 shares. Market capitalization is $28.91B, with a 52-week range of USD 119.27–263.5 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RDDT.md
Key facts (RDDT)
- Last four reported quarters (through Jun 30, 2026): revenue $2.78B, net income $871M (31.3% margin), free cash flow $1.02B (SEC filings).
- 2 of 80 tracked superinvestors hold RDDT (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.21 on a 1–5 scale) (34 analysts), mean target USD 212.95 (range 130–300).
- Total return with dividends: 1Y -25.2% vs S&P 500 +14.9%; 5Y +226.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 1.32, revenue estimate $875M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RDDT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $667M | $804M | $1.30B | $2.20B | $2.78B |
| Gross profit | $562M | $693M | $1.18B | $2.01B | — |
| Operating income | -$172M | -$140M | -$561M | $442M | $785M |
| Net income | -$159M | -$90.8M | -$484M | $530M | $871M |
| EPS (diluted) | -$2.77 | -$1.54 | -$3.33 | $2.62 | — |
| Free cash flow | -$100M | -$84.8M | $216M | $684M | $1.02B |
| Gross margin | 84.3% | 86.2% | 90.5% | 91.2% | — |
| Operating margin | -25.8% | -17.4% | -43.1% | 20.1% | 28.2% |
| Net margin | -23.8% | -11.3% | -37.2% | 24.1% | 31.3% |
| Revenue growth | — | +20.6% | +61.7% | +69.4% | — |
| Cash + short-term investments | $436M | $1.21B | $1.84B | $2.48B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RDDT)
P/E at fiscal year-ends: Dec 2025 87.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (RDDT)
2 of 80 tracked investors hold RDDT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Chase Coleman | Tiger Global Management | 1.83% | $439M | Added +1.1% |
| Viking Global | Viking Global Investors | 0.77% | $272M | Reduced -38.6% |
Analysts (RDDT)
Consensus Buy (mean 2.21 on a 1–5 scale), 34 analysts; mean target USD 212.95 (low 130, high 300).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-09 | Needham | Reiterated | Buy | $300 |
| 2026-09-18 | DA Davidson | Target lowered | Buy | $200 → $185 |
| 2026-08-21 | Morgan Stanley | Target lowered | Overweight | $240 → $210 |
| 2026-07-31 | JP Morgan | Target lowered | Neutral | $200 → $185 |
| 2026-07-31 | Oppenheimer | Target lowered | Outperform | $225 → $200 |
| 2026-07-31 | B. Riley Securities | Target raised | Buy | $250 → $270 |
| 2026-07-31 | Wells Fargo | Target lowered | Equal-Weight | $187 → $142 |
| 2026-07-31 | Cantor Fitzgerald | Target lowered | Neutral | $200 → $170 |
| 2026-07-31 | Piper Sandler | Target lowered | Overweight | $215 → $195 |
| 2026-07-31 | Truist Securities | Target raised | Buy | $265 → $275 |
| 2026-07-31 | Wedbush | Target lowered | Outperform | $250 → $221 |
| 2026-07-29 | Keybanc | Initiated | Overweight | $225 |
Total return (dividends reinvested) (RDDT)
| 1Y (from 2025-10-23) | 5Y (from 2024-03-18) | |
|---|---|---|
| Total return | -25.2% | +226.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -25.3% | +57.7% |
| Volatility (annualized) | 70.5% | 71.3% |
| Max drawdown | -52.9% (Jan 2026→Mar 2026) | -61.4% (Feb 2025→Mar 2025) |
RDDT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.32 | $1.26 | +5.1% | $875.0M | 23 |
| Next quarter (ends Dec 2026) | $1.83 | $1.74 | +5.1% | $1.05B | 23 |
| Current fiscal year (ends Dec 2026) | $5.39 | $4.98 | +8.3% | $3.39B | 29 |
| Next fiscal year (ends Dec 2027) | $7.10 | $6.53 | +8.8% | $4.47B | 29 |
RDDT options: expected move
Options price a move of about ±13.7% (±$20.42) by Oct 30, 2026, which includes earnings on Oct 29, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 30, 2026 | 7 | 115.2% | ±13.7% |
| Nov 6, 2026 | 14 | 98.3% | ±16.0% |
| Nov 13, 2026 | 21 | 88.7% | ±17.5% |
| Nov 20, 2026 | 28 | 80.8% | ±18.3% |
| Nov 27, 2026 | 35 | 76.9% | ±19.3% |
| Dec 4, 2026 | 42 | 74.2% | ±20.4% |
| Dec 18, 2026 | 56 | 72.0% | ±22.8% |
| Jan 15, 2027 | 84 | 67.6% | ±26.1% |
30-day implied volatility 81.3% vs 44.4% realized over the last 30 trading days. Put/call ratio (volume) 0.68. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 150.26 |
|---|---|
| Change | ▼ 1.97% (down) |
| Previous Close | USD 153.28 |
| Open | USD 151.54 |
| Day Range | USD 147.77 – 152.46 |
| 52-Week Range | USD 119.27 – 263.5 |
| Volume | 3,294,518 shares |
| Market Cap | $28.91B |
| Exchange | NYQ |
Technical Analysis (RDDT)
Nexqual's technical model rates RDDT "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.56 (neutral) |
| vs SMA50 | Below (USD 154.09) |
| MACD | -0 (negative) |
Analyst Ratings (RDDT)
Wall Street analysts rate RDDT "Buy" based on 34 analysts, with a mean price target of USD 212.95 (range USD 130–300), per Nexqual as of October 23, 2026 at 09:26 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 34 |
| Mean Target | USD 212.95 |
| High Target | USD 300 |
| Low Target | USD 130 |
| Buy / Hold / Sell | 22 / 11 / 1 |
Earnings (RDDT)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.95 |
| Revenue Estimate | $875.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.25 vs est 0.96 ▲ beat |
| 2026-03-31 | USD 1.01 vs est 0.56 ▲ beat |
| 2025-12-31 | USD 1.24 vs est 0.93 ▲ beat |
| 2025-09-30 | USD 0.8 vs est 0.52 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (RDDT)
| Total Revenue | $2.78B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +61.10% |
| Gross Margin | +91.44% |
| Operating Margin | +28.79% |
| Profit Margin | +31.35% |
| ROE | +30.71% |
| Debt / Equity | 0.01 |
| Current Ratio | 10.49 |
| Total Cash | $2.79B |
| Total Debt | $20.87M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $1.02B (36.7% of revenue) |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financial Health Score (RDDT)
Nexqual rates Reddit, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 09:26 UTC.
| Growth | Strong — Revenue +69% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 91%, operating 29% (last 12 months) |
| Balance Sheet | Strong — $2.79B cash vs $21M debt, net cash position |
| Cash Flow | Strong — FCF $1.02B (last 4 quarters to Jun 2026, SEC), 37% margin |
| Efficiency | Strong — ROE 31%, ROA 15.7% |
Ownership (RDDT)
| Insider Ownership | +0.66% |
|---|---|
| Institutional Ownership | +89.44% |
| Shares Outstanding | 146.10M |
| Float | 140.66M |
| Short % of Float | +15.25% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Leadership (RDDT)
Reddit, Inc. is led by Steven Ladd Huffman, Co-Founder, CEO, President & Director, per Nexqual as of October 23, 2026 at 09:26 UTC.
| Co-Founder, CEO, President & Director | Steven Ladd Huffman |
|---|---|
| Chief Financial Officer | Andrew Vollero |
| Chief Operating Officer | Jennifer L. Wong |
| Chief Technology Officer | Amit Puntambekar |
| Chief Marketing Officer | Jim Squires |
Major Backers & Investors (RDDT)
Notable institutional backers of Reddit, Inc. include Baillie Gifford, Capital Group, SELECT SECTOR SPDR TRT-State Street Communication Services Select Sect, according to Nexqual as of October 23, 2026 at 09:26 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Baillie Gifford | 4.92% |
| Capital Group | 3.03% |
| SELECT SECTOR SPDR TRT-State Street Communication Services Select Sect | 2.9% |
| Alliancebernstein L.P. | 2.85% |
| Growth Fund of America | 2.64% |
| Jericho Capital Asset Management, LP | 2.28% |
| Goldman Sachs | 2.22% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.88% |
| BlackRock | 5.48% |
| State Street | 2.04% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| BIDU | Baidu, Inc. | USD 77.98 | ▼ 1.07% |
| NBIS | Nebius Group N.V. | USD 159.17 | ▼ 7.23% |
| TME | Tencent Music Entertainment Gro | USD 8.6 | ▲ 1.9% |
| PINS | Pinterest, Inc. | USD 22.93 | ▼ 0.09% |
| MTCH | Match Group, Inc. | USD 45.92 | ▼ 0.82% |
| SNAP | Snap Inc. | USD 6.35 | ▲ 0% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
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