REDDIT, INC. (RDDT)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
$154.46-0.98%
Close 2026-09-04 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
QuarterlyIQ Insights · RDDT
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 14.4% |
| Our one-year growth estimate | diamond | 43.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 28.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 32 industry peers
RDDT — General Counsel transition
Dated 2026-08-12
Chief Legal Officer — Benjamin Lee: The Chief Legal Officer is stepping down with a named successor already identified to ensure an orderly transition.
Why it matters: Operating cash flow is key for financial health. A decline may signal issues.
Worry ifOperating cash flow stays at or above $262 million.
Less concerning ifOperating cash flow drops below $262 million.
Why it matters: The earnings report will provide insights into Reddit's financial health and growth prospects.
Watch forThe earnings report shows revenue and user growth are better than analysts expected.
Also watch forThe earnings report shows revenue and user growth are worse than analysts expected.
Why it matters: A rise in sector revenue growth may mean a recovery that helps Reddit.
Watch forSector revenue growth is above 0% compared to last year.
Also watch forSector revenue growth is below 0% compared to last year.
Why it matters: This guidance shows if Reddit can keep making money.
Supportive ifAdjusted EBITDA guidance falls within the range of $385 million to $395 million.
Worry ifAdjusted EBITDA guidance is less than $385 million.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$270 on $10,000 · ±2.7% | How much price usually moves either way. |
| Bad day | $756 loss on $10,000 · 7.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $5,499 loss on $10,000 · 55.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: If the company meets or beats its goals, it shows strong growth and confidence.
Supportive ifQ2 revenue reported at $725 million or higher.
Worry ifQ2 revenue reported below $715 million.
Why it matters: This guidance will show if Reddit can keep its strong revenue growth trend going.
Supportive ifReddit reports Q3 revenue within the guided range of $860 million to $870 million.
Worry ifQ3 revenue falls below $860 million.
Why it matters: Sustained DAUq growth shows user engagement is strong, which supports revenue growth.
Supportive ifDAUq growth remains above 18% year-over-year in Q3.
Worry ifDAUq growth drops below 18% year-over-year.
Why it matters: Hitting this target would show that the company is running well and making money.
Supportive ifAdjusted EBITDA for Q3 is reported at or above $385 million.
Worry ifAdjusted EBITDA for Q3 falls below $385 million.
Why it matters: A high gross margin means Reddit is keeping costs low while making more money.
Supportive ifGross margin for Q3 stays above 91%.
Worry ifGross margin for Q3 drops below 91%.