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Q3 2026 earnings • released • EPS beat +6.09% • Revenue beat +2.29%
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RDDT:NYSE
Reddit
$90.97
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-0.83%(-0.76) 1D
$91.31
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+0.37% (+0.34)bedtimeAfter hours
Closed: Nov 2, 4:04:23 PM GMT-5 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for RDDT...
Open
$92.21
High
$95.82
Low
$90.50
Mkt. cap
17.50B
Avg. vol.
5.70M
Volume
11.81M
P/E ratio
18.57
52-wk high
$263.50
52-wk low
$89.28
EPS
$4.90
Shares outstanding
146.10M
No. of employees
3K
Open
$92.21
High
$95.82
Low
$90.50
Mkt. cap
17.50B
Avg. vol.
5.70M
Volume
11.81M
P/E ratio
18.57
52-wk high
$263.50
52-wk low
$89.28
EPS
$4.90
Shares outstanding
146.10M
No. of employees
3K
News stories
From web sources and news partners
Yahoo Finance
·
4 hours ago
RDDT Q3 deep dive: Search traffic drop and cautious guidance weigh on results
Seeking Alpha
·
5 hours ago
Reddit: Locking The Door On Its Own Traffic (Reiterating Sell) (NYSE:RDDT)
Zacks
·
11 hours ago
RDDT vs. SPOT: Which Stock Is the Better Value Option?
GuruFocus
·
12 hours ago
RDDT Downgraded by Evercore ISI Group -- Price Target Lowered to $120
About Reddit
CEOSteve Huffman
Employees2.56K
FoundedJun 23, 2005
HeadquartersSan Francisco, California, United States
SectorInteractive media
Websiteredditinc.com
Analyst ratings
Based on 25 analysts giving stock ratings to RDDT in the past 3 months
Buy
Buy
11
Hold
13
Sell
1
12-month forecast
Based on 25 Wall Street analysts offering 12 month price targets for RDDT in the last 3 months.
Highest
Current $90.97
$275.00 (+202.30%)
Average
$163.23 (+79.43%)
Lowest
$100.00 (+9.93%)
Analyst | Recommendation | Action | Price target | Projected | Date |
|---|---|---|---|---|---|
Alan Gould Loop Capital Markets | Hold | Downgraded | $100.00 | +9.9% | 11/02/2026 |
Ronald Josey Citi | Buy | Maintained | $186.00 | +104.5% | 11/02/2026 |
Brad Erickson RBC Capital | Hold | Maintained | $140.00 | +53.9% | 10/30/2026 |
Jason Helfstein Oppenheimer | Sell | Downgraded | - | - | 10/30/2026 |
Andrew Boone Citizens JMP | Hold | Downgraded | - | - | 10/30/2026 |
Doug Anmuth J.P. Morgan | Hold | Maintained | $150.00 | +64.9% | 10/30/2026 |
Josh Beck Raymond James | Buy | Maintained | $150.00 | +64.9% | 10/30/2026 |
Ygal Arounian Wedbush | Buy | Maintained | $150.00 | +64.9% | 10/30/2026 |
Justin Patterson KeyBanc | Hold | Downgraded | - | - | 10/30/2026 |
Naved Khan B. Riley Securities | Buy | Maintained | $190.00 | +108.9% | 10/30/2026 |
Eric Sheridan Goldman Sachs | Hold | Maintained | $140.00 | +53.9% | 10/30/2026 |
Deepak Mathivanan Cantor Fitzgerald | Hold | Reiterated | $120.00 | +31.9% | 10/30/2026 |
Michael Morris Guggenheim | Buy | Maintained | $170.00 | +86.9% | 10/30/2026 |
Laura Martin Needham | Buy | Maintained | $150.00 | +64.9% | 10/30/2026 |
Thomas Champion Piper Sandler | Buy | Maintained | $145.00 | +59.4% | 10/30/2026 |
Colin Sebastian Robert W. Baird | Hold | Maintained | $150.00 | +64.9% | 10/30/2026 |
Alec Brondolo Wells Fargo | Hold | Reiterated | $110.00 | +20.9% | 10/30/2026 |
Justin Post Bank of America Securities | Hold | Reiterated | $135.00 | +48.4% | 10/30/2026 |
Youssef Squali Truist Financial | Buy | Maintained | $275.00 | +202.3% | 10/26/2026 |
Nicholas Jones CFA Exane BNP Paribas | Hold | Initiated | $180.00 | +97.9% | 09/18/2026 |
Wyatt Swanson D.A. Davidson | Buy | Reiterated | $185.00 | +103.4% | 09/18/2026 |
Unknown Analyst Guggenheim | Buy | Maintained | $255.00 | +180.3% | 09/16/2026 |
Mark Shmulik Bernstein | Hold | Maintained | $180.00 | +97.9% | 08/31/2026 |
Brian Nowak Morgan Stanley | Buy | Reiterated | $210.00 | +130.8% | 08/21/2026 |
Serena Yi Qi Lim Phillip Securities | Buy | Maintained | $230.00 | +152.8% | 08/03/2026 |
Rohit Kulkarni Roth MKM | Hold | Maintained | $145.00 | +59.4% | 08/03/2026 |
Benjamin Black CFA Deutsche Bank | Buy | Reiterated | $200.00 | +119.9% | 07/31/2026 |
Mark Mahaney Evercore ISI | Buy | Reiterated | $265.00 | +191.3% | 07/31/2026 |
John Colantuoni Jefferies | Buy | Maintained | $250.00 | +174.8% | 07/16/2026 |
Ken Gawrelski Wells Fargo | Hold | Reiterated | $176.00 | +93.5% | 05/01/2026 |
Joseph Barker Rothschild & Co Redburn | Sell | Maintained | $110.00 | +20.9% | 04/27/2026 |
Unknown Analyst Rothschild & Co Redburn | Sell | Maintained | $110.00 | +20.9% | 04/27/2026 |
Last report
Oct 29, 2026
Fiscal period
Q3 2026
- Normalized EPS / Est. (USD)
- GAAP EPS / Est. (USD)
$2.07 / $1.95
+6.09%beat
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Revenue / Est. (USD)
894.96M / 874.91M
+2.29%beat
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Fiscal Q3 2026 earnings call
youtube_liveWaiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
- Quarterly
- Annual
All values in USD | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|
Revenue | 725.61M | 663.41M | 804.90M | 894.96M |
Cost of goods sold | 58.72M | 56.27M | 70.31M | 75.79M |
Cost of revenue | 58.72M | 56.27M | 70.31M | 75.79M |
Research and development expenses | 195.84M | 199.98M | 228.04M | 261.17M |
Total research and development expenses | - | - | - | - |
Selling, general, and admin expenses | 233.33M | 213.74M | 268.96M | 291.30M |
Operating expense | 435.06M | 424.23M | 502.88M | 557.58M |
Total operating expenses | 493.78M | 480.50M | 573.19M | 633.37M |
Operating income | 231.83M | 182.91M | 231.72M | 261.59M |
Other non operating income | 43.00K | -1.07M | 92.00K | 649.00K |
EBT including unusual items | 254.82M | 205.73M | 256.84M | 289.05M |
EBT excluding unusual items | 254.82M | 205.73M | 256.84M | 289.05M |
Income tax expense | 3.22M | 1.75M | 3.99M | 5.78M |
Effective tax rate | 1.26% | 0.85% | 1.55% | 2.00% |
Other operating expenses | 5.89M | 10.51M | 5.88M | 5.11M |
Net income | 251.60M | 203.98M | 252.85M | 283.26M |
Net profit margin | 34.67% | 30.75% | 31.41% | 31.65% |
Earnings per share | 1.68 | 1.40 | 1.77 | 2.07 |
Interest and investment income | 22.95M | 23.88M | 25.03M | 26.81M |
Interest expense | - | - | - | - |
Net interest expenses | 22.95M | 23.88M | 25.03M | 26.81M |
Depreciation and amortization charges | - | - | - | - |
EBITDA | 235.98M | 187.12M | 235.97M | 265.85M |
Gain or loss from assets sale | - | - | - | - |
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider | Position | Type | Date | Shares | Amount |
|---|---|---|---|---|---|
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