RDDT

RedditB

NYSE / Media & Entertainment

At close

2026-07-18

Current thesis

Primary-source evidence still supports a constructive view: Q1 combined 69% revenue growth, 91.5% gross margin, 31% net margin, $311 million of free cash flow, and a Q2 revenue guide above $715 million, which is unusually strong for a platform at Reddit's scale [#SEC-8K-2026-04-30].

Posture

Constructive

Lead driver

Sentiment

What changed

Sentiment remains the lead driver in the composite, 7D delta +5.0.

What can break

Advertising growth may normalize sharply if impression or pricing strength cools after seven consecutive quarters of 60%+ revenue growth [#SEC-8K-2026-04-30].

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $215.00 · Bull $250.00 · Bear $145.00

Data freshness

Prices

As of 2026-07-18

Fundamentals

As of 2026-07-17 • Vendor: Data Vendor v1

Scores

As of 2026-07-18 • Model: HYBRID_IC_RP

AI Memo

As of 2026-06-22 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-18

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $230.22

Why

Momentum75 · Δ7d +6.0

Value47 · Δ7d +0.1

Sentiment60 · Δ7d +5.0

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Sentiment · See AI snapshot

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+6.0

Δ21d

+10.8

Value

39% active weight

Current posture

7d trendFlat

Δ7d

+0.1

Δ21d

-0.4

Sentiment

34% active weight

Current posture

7d trendImproving

Δ7d

+5.0

Δ21d

-10.5

Why this grade

Composite grade B. Momentum 75.2 / Value 47.0 / Sentiment 60.5

Fundamentals (TTM)

As of 2026-07-17

Market Cap

$34.88B

Beta

Shares Out

192.51M

P/E (TTM)

137.1

P/S (TTM)

24.28

P/FCF (TTM)

90.74

Rev YoY

+69.1%

EPS YoY

+609.3%

Gross Margin

+90.7%

Op Margin

+13.8%

Net Debt

-$2.45B

Current Ratio

12.73

As of 2026-07-18 • Updated nightlySource: Internal modelMethodology