RDDT

This article first appeared on GuruFocus. Reddit (NYSE:RDDT) rose 0.16% in premarket trading after Jefferies said the company is set up for second-quarter upside, citing strong advertising checks, steady traffic, and progress on engagement. The firm's traffic work showed US web and app daily active users swinging from small monthly declines early in the year to low-single-digit monthly growth through the quarter, with total web DAU growth ticking up to 16% year over year from 15% in the first quarter. Jefferies said advertisers reported Reddit continuing to take share from mid-sized social platforms including LinkedIn, Pinterest, Snap, and X, while digital ad spending broadly accelerated in the quarter. That combination suggests Reddit gained from a faster-growing market on top of its own share gains. The firm projects 47% year-over-year revenue growth, driven mainly by average revenue per user, and sees room to close Reddit's roughly 70% ARPU discount to US peers. Jefferies added that investors are looking for revenue and EBITDA to land mid-single digits and low-double digits above consensus, respectively, and expects third-quarter guidance to top consensus. User growth stays the central debate, with the market watching for a sequential rise in US logged-in DAU net additions against 200,000 in the first quarter. Reddit is scheduled to release its Q2 2026 results on July 30.

Reddit Inc (NYSE:RDDT) is expected to beat Wall Street's second-quarter revenue and EBITDA targets, according to Jefferies, which pointed to strong ad checks and improving user growth heading into the print. The brokerage said investor conversations point to expectations for revenue and EBITDA to come in mid-single-digit and low-double-digit percent above consensus, respectively. Jefferies also expects third-quarter guidance to beat consensus by a similar margin to last quarter, when the company's outlook topped the street by low-single-digit percent on revenue and mid-single-digit percent on EBITDA. User growth remains the central debate for investors. Jefferies believes the market is looking for a sequential increase in quarter-over-quarter net adds in US logged-in daily active users, following growth of 200,000 in the first quarter. Its traffic analysis shows US web and app DAUs rebounded from declines in February and March to growth throughout the second quarter, while total web DAU growth improved to 16% year-over-year from 15% in the first quarter. With Reddit set to drop its logged-in DAU disclosure starting in the third quarter, Jefferies said a strong second-quarter showing on that metric matters more for shifting investor focus back to monetization. Jefferies said it will watch for progress on adoption of Reddit's newer low-funnel ad products and automation tools, which its Max offering is expected to help support, along with updated commentary on data licensing strategy ahead of potential 2027 renewal talks with Google and OpenAI. Other focus areas for the earnings call include DAU growth drivers such as onboarding and personalization improvements, advertiser count growth and diversification into smaller advertisers, ARPU sustainability, and new product launches.

SAN FRANCISCO, July 09, 2026--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), announced today that the company’s second quarter 2026 financial results will be released after market close on Thursday, July 30, 2026. Reddit will host a conference call to discuss its results at 1:30 p.m. PT / 4:30 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. A replay of the webcast will also be available following the call at the same websites. Reddit will solicit questions from the community at r/RDDT on Thursday, July 30, 2026, and post responses following the earnings call at Reddit’s Investor Relations website at investor.redditinc.com and investor relations subreddit r/RDDT. About Reddit, Inc. Reddit is a community of communities. Built on shared interests and passions, it is home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 25+ billion posts and comments and more than 126 million daily active uniques, Reddit is one of the internet’s largest sources of information. Learn more at www.redditinc.com. The Reddit app is available on the App Store and Google Play. View source version on businesswire.com: https://www.businesswire.com/news/home/20260709934667/en/ Contacts Investor [email protected] Media [email protected]

Meme stocks have been relatively quiet in 2026. The wild Reddit-fueled rallies of 2021 feel like ancient history. But GameStop (GME) never fully faded away. Over the last few months, the company has quietly rebuilt itself. It cut costs, leaned into higher-margin collectibles, and hoarded billions in cash. Then it dropped a bombshell. GameStop reported the highest net income and operating income in its entire history. The big news hit this week when GameStop delivered a quarter for the ages. Net income came in at $389.6 million. Operating income hit $143.3 million. Both were all-time records. Investors did not hold back. Volume spiked to three times the daily average and the stock surged 9% in a single session. This wasn’t a short-squeeze mirage. Real profits powered the move. The milestone gives the company immense credibility and proves that the relentless cost-cutting and pivot toward higher-margin categories are working. Has Micron Stock Peaked Here? Its Future Valuation Metric May Surprise the Market Honeywell Stock Is Likely to Reward Shareholders Following Quantinuum IPO, Split Michael Burry Takes Aim at Palantir Stock Again, But He’s Missing the Bigger Picture Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The stock exploded higher, and suddenly the old meme flame flickered again. This time, though, the numbers actually backed up the excitement. GameStop is no longer just a mall-based video game retailer. It now operates a lean omnichannel platform that sells hardware, software, collectibles, and digital goods while holding a fortress-like balance sheet. The GameStop stock’s journey tells a turnaround story. Year-to-date, shares have climbed roughly 11% after getting crushed in 2025. The rally pushed the price slightly above the 50-day moving average of $23.29 and the 200-day line $23.18. Both moving averages are now sloping higher, a classic bullish signal. The valuation picture is less extreme than the stock’s price action suggests. GameStop's market cap is about $10 billion and its price/book ratio is 1.72x, much lower than the double digits it has hit during volatile periods. GameStop's price-to-earnings-to-growth ratio sits around 0.30x, showing that the stock is trading at a discount relative to its potential long-term growth. GameStop’s fiscal first quarter showed a...

In late May 2026, Reddit showcased its recent momentum at Bank of America's Global Technology Conference in San Francisco, where CEO Steve Huffman discussed the platform’s expanding advertising and data-licensing initiatives. Recent results highlighted very large year-over-year gains in sales and net income, supported by rising daily active visitors and new enterprise-focused data partnerships such as Nectar Social. Now we’ll explore how Reddit’s very strong recent earnings and growing AI data partnerships shape and potentially reinforce its investment narrative. Invest in the nuclear renaissance through our list of 88 elite nuclear energy infrastructure plays powering the global AI revolution. To own Reddit, you need to believe its core communities can keep attracting engaged daily visitors while the company deepens monetization through advertising and high-margin data licensing. The Bank of America conference spotlighted this story but did not fundamentally change the near term catalyst, which still centers on sustaining recent revenue and profit strength. The biggest risk remains Reddit’s heavy reliance on digital ads at a time when privacy rules and tracking changes could limit targeting effectiveness. Among recent developments, the Nectar Social data partnership is especially relevant. It underscores how Reddit is trying to turn its 121 million daily active visitors into a differentiated data product for brands, complementing advertising. If these AI and analytics partnerships scale meaningfully alongside rising average revenue per user, they could partially offset concentration risk in advertising and give Reddit a more resilient earnings mix over time. Yet, against this strong earnings backdrop, investors should not ignore how tightening privacy rules could affect Reddit’s ad model in ways that... Read the full narrative on Reddit (it's free!) Reddit's narrative projects $5.2 billion revenue and $1.7 billion earnings by 2029. This requires 32.9% yearly revenue growth and about a $1.2 billion earnings increase from $529.7 million today. Uncover how Reddit's forecasts yield a $232.05 fair value, a 37% upside to its current price. Some of the most optimistic analysts already expected Reddit to reach about US$6.3 billion in revenue and US$2.4 billion in earnings, yet your view on privacy driven ad risks might differ sharply from theirs, and new data licen...

As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the social networking industry, including Reddit (NYSE:RDDT) and its peers. Businesses must meet their customers where they are, which over the past decade has come to mean on social networks. In 2020, users spent over 2.5 hours a day on social networks, a figure that has increased every year since measurement began. As a result, businesses continue to shift their advertising and marketing dollars online. The 5 social networking stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 3.4% while next quarter’s revenue guidance was 1% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.6% since the latest earnings results. Founded in 2005 by two University of Virginia roommates, Reddit (NYSE:RDDT) facilitates user-generated content across niche communities (called subreddits) that discuss anything from stocks to dating and memes. Reddit reported revenues of $663.4 million, up 69.1% year on year. This print exceeded analysts’ expectations by 8.8%. Overall, it was a very strong quarter for the company with an impressive beat of analysts’ EBITDA and revenue estimates. “Reddit is a one-of-one business powered by deeply engaged communities and authentic human conversation,” said Steve Huffman, Founder and CEO of Reddit. Reddit achieved the biggest analyst estimates beat and fastest revenue growth of the whole group. The company reported 53.5 million daily active users, up 6.8% year on year. Investor expectations, however, were likely higher than Wall Street’s published projections, leaving some wishing for even better results (analysts’ consensus estimates are those published by big banks and advisory firms, not the investors who make buy and sell decisions). The stock is down 1.4% since reporting and currently trades at $145.15. Read why we think that Reddit is one of the best social networking stocks, our full report is free. Created with the idea of virtually replacing paper catalogues, Pinterest (NYSE: PINS) is an online image and social discovery platform. Pinterest reported revenues of $1.01 billion, up 17.8% year on year, outperforming analysts’ expectations by 4.4%. The business had a very strong quarter with an impressive beat of analysts’ EBITDA and revenue estima...

Fastly shares fall sharply even as first-quarter earnings beat Wall Street expectations. AI agentic traffic revenue is the key.

Reddit (RDDT) stock has been on a sharp uptrend over the last month, with a 20% rally. The price action has come following stellar Q1 results that surpassed analyst expectations. Reddit reported 69% year-on-year revenue growth for Q1 to $663 million, with free cash flows of $311 million for the period. The surge in revenue was backed by a 74% year-over-year growth in advertising revenue to $625 million. At the same time, daily active unique users increased by 17% to 126.8 million. Dear Western Digital Stock Fans, Mark Your Calendars for June 5 Dear CoreWeave Stock Fans, Mark Your Calendars for May 7 CEO Anthony Noto Makes It Clear That SoFi Should Be Valued Like a Software Stock: Q1 Marked 18 Quarters of Rule of 40 Strength Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! In addition to strong growth and robust cash flows, Reddit has provided optimistic guidance for Q2. The company expects revenue (at the mid-range) of $720 million and adjusted EBITDA of $290 million. With continued growth in advertising revenue, active users, and ARPU, Reddit stock seems poised for a sustained rally. Headquartered in San Francisco, Reddit is an operator of a digital community with a global presence. As of December 2025, the company had an average of 121.4 million daily active unique users. For the same period, 57% of Reddit users were from outside the United States. Reddit has been on a high-growth trajectory, and for fiscal 2025, revenue growth was 69% year-over-year to $2.2 billion. One of the contributors to top-line growth was a 42% year-on-year increase in average revenue per user to $5.98. It’s worth noting that Reddit ended FY25 with healthy free cash flows of $684.2 million. While Reddit has delivered healthy numbers, the stock has declined by almost 19% in the last six months. A reversal seems likely with a Q1 earnings beat and strong Q2 guidance. An important point to note is that for Q4 2025, Reddit reported a quarterly ARPU of $5.98. This has increased from $3.42 in Q4 2023. Even if the number of active users remains constant, an increase in ARPU will support top-line and cash flow growth. Further, as of Q4 FY25, ARPU in the United States was $10.79, representing 53% year-over-year growth. For “Rest of World,” the ARPU for the same period was $2.31 with year-over-year growth of 38%. There is a significant...

This story was originally published on Social Media Today. To receive daily news and insights, subscribe to our free daily Social Media Today newsletter. Reddit posted a strong result in Q1 2026, with steady increases in usage and revenue, as it continues to establish itself as a key connector for human insights amid an increasingly sea of artificial intelligence-powered information. First, on users: Reddit rose to 126.8 million daily active users in the period, up from 121.4 million in Q4 2025. Adding 5 million more users isn’t a huge amount, and only a million of those extra users came from the U.S., Reddit’s top revenue market. Yet, Reddit continues to see a lot more weekly actives, which rose by more than 20 million in the period. This is a trend that’s unique to Reddit. For most social platforms, the DAU to MAU count is roughly double; Snapchat, for example, has 474 million DAU, and over 934 million MAU. But Reddit is different. Reddit’s weekly and monthly usage numbers are more like 1:4, which reflects a significant variance in usage, making it harder to compare Reddit’s performance to other social apps. Basically, Reddit sees a lot more people coming to the app inconsistently, which is likely related to the amount of citations that Reddit content sees in Google Search and AI chatbot responses. Indeed, in an interview with CNBC last week, Reddit CEO Steve Huffman said that “Reddit is one of the primary sources for that sort of information that AI’s crave, but also that people crave.” That means that while people might not be coming to the app daily, they are being funnelled to the app for relevant answers. Which is a different consideration for marketers, because Reddit may not have the captive audience of other platforms, but it does have a cohort of users who come to the app with targeted intent. That could make it a valuable option for contextually relative ad placement. In other words, while Reddit might not be the best for brand awareness or increasing brand equity through repeated exposure, it could be valuable for reaching the right people at the right time in their discovery process. In terms of revenue, Reddit’s ad business is going from strength to strength, posting a 69% year-over-year increase in the quarter, with $663 million in total revenue. Reddit’s revenue increase was primarily driven by increased advertiser interest, with ad revenue...

Reddit RDDT delivered first-quarter 2026 earnings of $1.01 per share, which increased 676.9% year over year and beat the Zacks Consensus Estimate by 63.43%. Revenues rose 69.1% from the year-ago quarter to $663.4 million and beat the consensus mark by 8.03%. RDDT shares gained 13.70% in the pre-market trading after the company delivered impressive first-quarter results. Geographically, growth stayed strong in both core markets. For the reported quarter, U.S. revenues (contributing 79% to revenues) surged 67.5% year over year to $526 million. International revenues (21% of revenues) soared 74.7% year over year to $138 million. Reddit Inc. price-consensus-eps-surprise-chart | Reddit Inc. Quote Advertising remained the engine of growth. Ad revenues climbed 74% year over year to $625 million, accounting for the vast majority of the top-line expansion. Other revenues increased 15% year over year to $39 million. The quarter reflected strong monetization and scaling efficiency, with Daily Active Uniques averaging 126.8 million, up 17% year over year. U.S. DAUq increased 7% year over year to 53.5 million, whereas International DAUq grew 26% year over year to 73.3 million. Weekly Active Uniques averaged 493.1 million, up 23% year over year. Growth was stronger internationally, where WAUq rose 33% to 296.6 million compared with a 10% increase in the United States to 196.5 million. Average revenue per unique also moved higher. Global ARPU increased 44% year over year to $5.23, with U.S. ARPU up 54% to $9.63 and international ARPU rising 51% to $2.02, signaling improving monetization intensity across regions. RDDT maintained very high gross profitability. Reddit reported a GAAP gross margin of 91.5%, expanding 100 bps on a year-over-year basis. Operating expenses increased with continued investment. Sales and marketing expenses increased 67% year over year to $151.5 million. Research and development expenses rose 8.4% year over year to $207.2 million, while General and Administrative expenses decreased 5.6% year over year to $65.5 million. First-quarter 2026 adjusted EBITDA was $266 million, up from $115 million reported in the year-ago quarter. In the reported quarter, the adjusted EBITDA margin was 40.1%. As of March 31, 2025, Reddit had cash and cash equivalents, including marketable securities, of $2.77 billion compared with $2.47 billion as of Dec. 31, 2025. Operat...

Alphabet GOOGL delivered first-quarter 2026 earnings of $5.11 per share, up 82% year over year and ahead of the Zacks Consensus Estimate by 93.6%. Consolidated revenues rose 21.8% year over year to $109.9 billion. Net revenues excluding traffic acquisition costs (the portion of revenues shared with Google’s partners and the amount paid to distribution partners and others who direct traffic to Google’s website) came in at $94.67 billion, topping the Zacks Consensus Estimate of $92.22 billion by 2.7%. Strength across Search and a sharp acceleration in Google Cloud, alongside rising AI-driven subscription adoption, stood out this quarter. A key theme in management’s commentary was the company’s “full stack” AI approach, spanning custom silicon, infrastructure and first-party models. Google Services revenues increased 16% year over year to $89.64 billion, supported by broad-based advertising and subscription growth. Search & other revenues rose 19.1% year over year to $60.4 billion, with management citing AI experiences as a catalyst for higher usage and queries at an all-time high. Google advertising revenues increased 15.5% year over year to $77.25 billion and accounted for 70.3% of total revenues. Within advertising, YouTube ads grew 10.7% to $9.88 billion, while Google Network revenues declined 4% to $6.97 billion. Subscriptions, Platforms and Devices revenues climbed 19.3% year over year to $12.38 billion, reflecting continued momentum in YouTube subscriptions and Google One, including increased demand for consumer AI plans. Alphabet Inc. price-consensus-eps-surprise-chart | Alphabet Inc. Quote Other Bets’ revenues were $411 million, down 8.7% year over year, and accounted for 0.4% of first-quarter revenues. Google Cloud revenues surged 63% year over year to $20 billion and accounted for 18.2% of the quarter’s total revenues. Management attributed the acceleration to strong performance across Google Cloud Platform, enterprise AI solutions, enterprise AI infrastructure and core services such as cybersecurity and data analytics. The quarter also featured a sharp step-up in contracted demand, with Cloud backlog reaching roughly $462 billion at quarter end. In Google Cloud, management noted that TPU hardware agreements are included in the reported backlog, though the majority remains typical GCP contracts, with just over half of the backlog expected to be recog...

The benchmark US stock measures were mostly pointing higher before the open Friday as investors awai