REDDIT, INC. (RDDT)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-10-29
$129.60-3.79%
Close 2026-10-29 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-10-29
Research Workspace
Put RDDT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Communication Services is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar under pressure — Achieve adjusted EBITDA of $285M to $295M in 2026-Q2: Comparison needs review.
View ThesisRevenue is growing steadily — about 67% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, earnings delivery, the balance sheet.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is highly volatile — it swings about 2% on a typical day and fell roughly 53% in its worst 12-month stretch.
View RiskReddit’s thesis rests on global user engagement sustaining revenue growth, despite slower recent growth. Revenue grew 53% year over year in Q3 2026, down from 61% in Q2; Q3 earnings beat. Reddit trades at 23× P/E versus a 14× peer median, though expectations look modest versus our growth view. The premium could compress if user engagement weakens, especially as search traffic may decline. Our model puts the next-quarter miss probability near 26%. The thesis is on watch because its adjusted EBITDA comparison needs review; peer multiples imply a price about 22% below where it trades (it looks expensive on this basis). This read is provisional.
Trailing returns as of 2026-10-29. RDDT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 34 analysts currently covering RDDT (as of Oct 2026).
Based on 17 Wall Street analysts offering 12-month price targets for RDDT in the last 4 months.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| RDDT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 11 valuation methods, at three horizons. As of 2026-10-29. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Interactive Media & Services — fair value, gap to price, and forward P/E.
Compare the value case
Put RDDT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Threatens: Sustain strong revenue growth and profitability
DAU deceleration and weak guidance pressure growth expectations and triggered a sharp share-price decline.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-29. EPS is implied from price ÷ P/E. Not investment advice.
Current $129.60
The last 12 months of price, then the range of analyst 12-month targets from today’s $129.60.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Sustain strong revenue growth and profitability
Q4 revenue forecast signals continued growth; logged-in-only testing adds monetization uncertainty.
Advances: Revenue growth target for 2026-Q2
Reported Q3 sales beat supports revenue growth, though the 12.6% stock decline signals investor concerns.
Advances: Sustain strong revenue growth and profitability
Revenue and GAAP EPS exceeded estimates, supporting growth and profitability.
Threatens: Increase user engagement metrics globally
Market decline may impact user engagement negatively.
Advances: Increase user engagement metrics globally
User growth supports increased engagement metrics globally.
Threatens: Maintain high gross margin and improve operating efficiency
Employee claims may impact operating efficiency and morale.
Leadership instability could impact strategic execution and user engagement.
