Seaport Res Ptn Analysts Raise Earnings Estimates for Reddit

Reddit, Inc. (NYSE:RDDT) – Equities research analysts at Seaport Res Ptn upped their Q3 2025 EPS estimates for Reddit in a research note issued on Monday, May 5th. Seaport Res Ptn analyst A. Kessler now anticipates that the company will earn $0.30 per share for the quarter, up from their prior forecast of $0.27. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Reddit’s current full-year earnings is $1.12 per share. Seaport Res Ptn also issued estimates for Reddit’s Q4 2025 earnings at $0.63 EPS and FY2025 earnings at $1.24 EPS.

RDDT has been the subject of several other research reports. Raymond James lowered their price objective on shares of Reddit from $250.00 to $200.00 and set a “strong-buy” rating for the company in a research note on Wednesday, March 12th. JPMorgan Chase & Co. reduced their price objective on Reddit from $185.00 to $110.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 8th. Redburn Atlantic started coverage on Reddit in a report on Monday, March 17th. They set a “sell” rating and a $75.00 price target on the stock. The Goldman Sachs Group lifted their price objective on Reddit from $124.00 to $140.00 and gave the company a “neutral” rating in a research note on Friday, May 2nd. Finally, Roth Capital reiterated a “neutral” rating on shares of Reddit in a research note on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Reddit currently has a consensus rating of “Moderate Buy” and an average target price of $140.35.

Reddit Trading Down 4.2 %

RDDT opened at $105.40 on Thursday. The firm has a market cap of $19.07 billion, a price-to-earnings ratio of -13.63, a PEG ratio of 4.72 and a beta of 2.90. The stock’s 50-day moving average price is $113.66 and its 200 day moving average price is $143.89. Reddit has a 12-month low of $48.25 and a 12-month high of $230.41.

Reddit (NYSE:RDDT) last posted its earnings results on Thursday, May 1st. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.11. Reddit had a negative net margin of 37.25% and a negative return on equity of 24.71%. The firm had revenue of $392.36 million during the quarter, compared to the consensus estimate of $370.55 million. During the same quarter last year, the firm earned ($8.19) EPS. The firm’s revenue for the quarter was up 61.5% on a year-over-year basis.

Insider Transactions at Reddit

In other news, CEO Steve Ladd Huffman sold 124,408 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $127.36, for a total value of $15,844,602.88. Following the completion of the transaction, the chief executive officer now owns 583,515 shares of the company’s stock, valued at $74,316,470.40. The trade was a 17.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Michelle Marie Reynolds sold 11,965 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $157.41, for a total transaction of $1,883,410.65. Following the sale, the chief accounting officer now owns 48,418 shares in the company, valued at approximately $7,621,477.38. This trade represents a 19.82 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 711,270 shares of company stock valued at $94,239,985 in the last ninety days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in RDDT. Plato Investment Management Ltd purchased a new position in Reddit during the fourth quarter worth about $27,000. CWM LLC increased its position in Reddit by 100.0% during the first quarter. CWM LLC now owns 256 shares of the company’s stock worth $27,000 after purchasing an additional 128 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new position in Reddit during the fourth quarter worth approximately $28,000. Ridgewood Investments LLC boosted its holdings in shares of Reddit by 100.0% in the 4th quarter. Ridgewood Investments LLC now owns 200 shares of the company’s stock valued at $33,000 after purchasing an additional 100 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. purchased a new stake in shares of Reddit during the 4th quarter valued at $33,000.

About Reddit

Reddit, Inc operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.