Reddit (RDDT) to Release Earnings on Thursday

Reddit (NYSE:RDDT) is expected to post its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Reddit to post earnings of $0.99 per share and revenue of $730.8830 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 4:30 PM ET.

Reddit (NYSE:RDDT) last posted its earnings results on Thursday, April 30th. The company reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.39. The company had revenue of $663.41 million for the quarter, compared to analyst estimates of $607.74 million. Reddit had a net margin of 28.60% and a return on equity of 25.48%. The business’s revenue for the quarter was up 69.1% compared to the same quarter last year. During the same period last year, the business posted $0.13 earnings per share. On average, analysts expect Reddit to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Reddit Stock Down 0.3%

Shares of NYSE RDDT opened at $178.73 on Wednesday. The company’s fifty day moving average is $175.55 and its 200-day moving average is $166.09. The stock has a market cap of $34.41 billion, a price-to-earnings ratio of 51.07 and a beta of 1.93. Reddit has a twelve month low of $119.27 and a twelve month high of $282.95.

Insider Transactions at Reddit

In related news, COO Jennifer L. Wong sold 39,166 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $176.94, for a total transaction of $6,930,032.04. Following the sale, the chief operating officer directly owned 1,050,339 shares in the company, valued at $185,846,982.66. This trade represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $173.13, for a total transaction of $3,116,340.00. Following the completion of the sale, the chief executive officer directly owned 373,814 shares in the company, valued at $64,718,417.82. This represents a 4.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 169,141 shares of company stock valued at $28,680,845 over the last quarter. Corporate insiders own 28.48% of the company’s stock.

Institutional Trading of Reddit

A number of institutional investors have recently modified their holdings of RDDT. Compound Planning Inc. grew its holdings in shares of Reddit by 23.4% during the fourth quarter. Compound Planning Inc. now owns 1,624 shares of the company’s stock worth $373,000 after buying an additional 308 shares in the last quarter. Invesco Ltd. lifted its stake in Reddit by 36.7% in the 4th quarter. Invesco Ltd. now owns 2,033,626 shares of the company’s stock valued at $467,470,000 after acquiring an additional 545,685 shares in the last quarter. Corient Private Wealth LLC lifted its stake in Reddit by 450.2% in the 4th quarter. Corient Private Wealth LLC now owns 29,473 shares of the company’s stock valued at $6,775,000 after acquiring an additional 24,116 shares in the last quarter. Strive Financial Group LLC acquired a new position in Reddit during the 4th quarter worth approximately $73,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in Reddit by 36.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 21,457 shares of the company’s stock worth $4,874,000 after acquiring an additional 5,748 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Rothschild & Co Redburn set a $110.00 price objective on Reddit in a research note on Monday, April 27th. Citigroup reissued a “market outperform” rating on shares of Reddit in a research note on Tuesday, May 26th. Oppenheimer restated an “outperform” rating and issued a $225.00 price target on shares of Reddit in a report on Friday, May 1st. Wedbush reaffirmed an “outperform” rating on shares of Reddit in a research report on Thursday, July 23rd. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $200.00 price target on shares of Reddit in a research report on Friday, May 1st. Nineteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $232.48.

About Reddit

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.