Reddit (RDDT) Projected to Release Quarterly Earnings on Thursday

Reddit (NYSE:RDDT) is expected to be releasing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Reddit to post earnings of $1.33 per share and revenue of $874.78 million for the quarter. Parties are encouraged to explore the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

Reddit (NYSE:RDDT) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.25 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.30. Reddit had a net margin of 31.35% and a return on equity of 29.02%. The company had revenue of $804.91 million for the quarter, compared to the consensus estimate of $731.00 million. During the same period in the previous year, the firm earned $0.45 EPS. Reddit’s revenue was up 61.0% on a year-over-year basis. On average, analysts expect Reddit to post $5.27 EPS for the current fiscal year and $6.94 EPS for the next fiscal year.

Reddit Trading Down 1.4%

RDDT stock opened at $153.40 on Thursday. The firm’s 50-day moving average is $154.14 and its two-hundred day moving average is $162.05. The company has a market capitalization of $29.51 billion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 0.72 and a beta of 2.05. Reddit has a 52 week low of $119.27 and a 52 week high of $263.50.

Insiders Place Their Bets

In other Reddit news, CEO Steve Huffman sold 17,308 shares of the company’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $158.57, for a total value of $2,744,529.56. Following the completion of the sale, the chief executive officer directly owned 336,432 shares of the company’s stock, valued at approximately $53,348,022.24. This represents a 4.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert Sauerberg sold 5,128 shares of the firm’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $159.92, for a total transaction of $820,069.76. Following the transaction, the director owned 27,087 shares of the company’s stock, valued at approximately $4,331,753.04. This trade represents a 15.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 306,052 shares of company stock worth $49,754,523. 28.48% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently commented on RDDT. Oppenheimer lowered their price objective on shares of Reddit from $225.00 to $200.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Weiss Ratings restated a “hold (c)” rating on shares of Reddit in a research report on Wednesday, August 5th. Telsey Advisory Group set a $240.00 target price on Reddit in a research report on Friday, July 31st. Guggenheim reaffirmed a “buy” rating on shares of Reddit in a research note on Wednesday, September 16th. Finally, Truist Financial lifted their price target on Reddit from $265.00 to $275.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Reddit has an average rating of “Moderate Buy” and a consensus target price of $219.29.

Reddit Company Profile

Reddit, Inc operates a global online platform where users participate in communities organized around shared interests, topics and activities. Members can submit text posts, links, images and videos, as well as comment on and vote on content. The platform includes thousands of communities, commonly known as subreddits, covering subjects such as news, entertainment, technology, sports, finance and lifestyle.

Reddit generates revenue primarily through digital advertising, offering advertisers access to audiences based on community interests and user engagement.