Wall Street analyst estimates for Reddit, Inc. (RDDT): consensus price target, buy/hold/sell recommendations and forecasts for revenue, EPS and EBITDA for the upcoming fiscal years.
Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc.
Analyst Consensus
| Strong Buy | 1 |
| Buy | 18 |
| Hold | 10 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 29 |
| Avg rating (1-5) | 0.69 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-10-29 | $1.32 | ||
| 2026-07-30 | $1.25 | $0.95 | +31.7% |
| 2026-04-30 | $1.01 | $0.57 | +77.5% |
| 2026-02-05 | $1.24 | $0.94 | +32.3% |
| 2025-10-30 | $0.80 | $1.04 | -23.1% |
| 2025-07-31 | $0.45 | $0.19 | +136.6% |
| 2025-05-01 | $0.13 | $0.02 | +647.6% |
| 2025-02-12 | $0.36 | $0.25 | +43.0% |
Valuation Ratios
| P/E Ratio | 34.38 |
| Price / Book | 8.66 |
| EV / EBITDA | 30.18 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $228.9M | $484.9M | $666.7M | $804.0M | $1.30B | $2.20B |
| Cost of Revenue | $55.0M | $72.6M | $104.8M | $111.0M | $123.6M | $194.2M |
| Gross Profit | $173.9M | $412.4M | $561.9M | $693.0M | $1.18B | $2.01B |
| Research & Development | $117.5M | $257.0M | $365.2M | $438.3M | $935.2M | $783.1M |
| Selling, General & Admin | $118.9M | $282.6M | $368.9M | $394.8M | $802.0M | $783.2M |
| Operating Expenses | $236.4M | $539.6M | $734.1M | $833.2M | $1.74B | $1.57B |
| Operating Income | -$62.6M | -$127.2M | -$172.2M | -$140.2M | -$560.6M | $442.0M |
| EBITDA | -$57.1M | -$124.7M | -$149.9M | -$73.3M | -$469.6M | $544.6M |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-tax Income | -$59.1M | -$127.6M | -$157.9M | -$87.0M | -$485.2M | $528.7M |
| Income Tax | $102,000 | $340,000 | $622,000 | $3.8M | -$931,000 | -$1.0M |
| Net Income | -$59.2M | -$127.9M | -$158.6M | -$90.8M | -$484.3M | $529.7M |
| EPS | $-0.36 | $-0.78 | $-0.97 | $-0.56 | $-2.69 | $2.84 |
| EPS (Diluted) | $-0.36 | $-0.78 | $-0.97 | $-0.56 | $-2.69 | $2.62 |
| Shares Outstanding (Diluted) | $163.3M | $163.3M | $163.3M | $163.3M | $180.3M | $202.1M |
Price
| Price | $150.42 |
| Market Cap | $29.0B |
| Exchange | NYSE |
| Country | US |
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Explore sector: Communication Services · Internet Content & Information
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