22 hours Ago By Defense World Staff
Reddit, Inc. (NYSE:RDDT – Free Report) – Investment analysts at Roth Capital issued their Q1 2026 earnings estimates for Reddit in a report released on Monday, April 28th. Roth Capital analyst R.
Kulkarni expects that the company will post earnings per share of $0.11 for the quarter. Roth Capital currently has a “Hold” rating on the stock.
The consensus estimate for Reddit’s current full-year earnings is $1.12 per share. Roth Capital also issued estimates for Reddit’s Q2 2026 earnings at $0.
20 EPS, Q3 2026 earnings at $0.43 EPS and Q4 2026 earnings at $0.68 EPS.
Reddit (NYSE:RDDT – Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The company reported $0.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.
24 by $0.12. Reddit had a negative return on equity of 24.
71% and a negative net margin of 37.25%. A number of other analysts have also recently issued reports on the company.
Citigroup lowered their target price on Reddit from $220.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, April 14th.
Robert W. Baird boosted their price target on Reddit from $160.00 to $185.
00 and gave the company a “neutral” rating in a research note on Thursday, February 13th. Oppenheimer assumed coverage on shares of Reddit in a research report on Wednesday, April 16th. They set an “outperform” rating and a $125.
00 price objective on the stock. Wells Fargo & Company dropped their price target on shares of Reddit from $215.00 to $158.
00 and set an “overweight” rating on the stock in a research note on Monday, March 31st. Finally, JMP Securities set a $155.00 price objective on shares of Reddit in a report on Friday, March 28th.
Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Reddit currently has an average rating of “Moderate Buy” and an average target price of $142.
22.Read Our Latest Stock Report on RDDTReddit Stock Up 0.9 %Shares of NYSE:RDDT opened at $122.
30 on Tuesday. The firm has a fifty day moving average of $119.68 and a two-hundred day moving average of $142.
84. Reddit has a 12-month low of $44.15 and a 12-month high of $230.
41. The firm has a market capitalization of $22.12 billion and a P/E ratio of -15.
82. Insider ActivityIn other Reddit news, CEO Steve Ladd Huffman sold 124,408 shares of Reddit stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $127.
36, for a total transaction of $15,844,602.88. Following the sale, the chief executive officer now directly owns 583,515 shares of the company’s stock, valued at approximately $74,316,470.
40. The trade was a 17.57 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Michelle Marie Reynolds sold 11,965 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $157.
41, for a total value of $1,883,410.65. Following the completion of the transaction, the chief accounting officer now directly owns 48,418 shares of the company’s stock, valued at approximately $7,621,477.
38. The trade was a 19.82 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 725,270 shares of company stock worth $97,067,425. Institutional Inflows and OutflowsHedge funds and other institutional investors have recently made changes to their positions in the stock.
Plato Investment Management Ltd acquired a new stake in shares of Reddit during the 4th quarter worth about $27,000. EverSource Wealth Advisors LLC bought a new stake in Reddit during the fourth quarter worth about $28,000. Ridgewood Investments LLC increased its holdings in shares of Reddit by 100.
0% during the fourth quarter. Ridgewood Investments LLC now owns 200 shares of the company’s stock worth $33,000 after buying an additional 100 shares in the last quarter. Farmers & Merchants Investments Inc.
bought a new position in shares of Reddit in the fourth quarter valued at approximately $33,000. Finally, Bogart Wealth LLC acquired a new position in shares of Reddit in the 4th quarter worth approximately $33,000. About Reddit (Get Free Report)Reddit, Inc operates a website that organizes digital communities.
It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. The company was founded in 2005 and is headquartered in San Francisco, California.Featured StoriesFive stocks we like better than Reddit3 Must-Buy Warren Buffett Stocks for Volatile TimesDon’t Be Fooled by the Bounce: The Market Storm Isn’t Over YetStock Analyst Ratings and Canadian Analyst RatingsCoca-Cola Company Stock Can Bubble to New Highs This YearMastering Discipline: Overcoming Emotional Challenges In Trading3 Stocks Lifting 2025 Guidance Despite Market Jitters.
