REDDIT, INC. (RDDT)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-11-05
$93.81-7.93%
Close 2026-11-05 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-11-05
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 | -19.4% |
| Our one-year growth estimate | diamond | 34.6% |
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 2026-11-05.
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 54.1 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 14 industry peers · Company calendar date is not available
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: Reddit guided to $1.00 billion to $1.03 billion for Q4. Revenue above that range would extend its recent growth.
Supportive ifQ4 2026 revenue is reported above $1.03 billion.
Worry ifQ4 2026 revenue is reported below $1.00 billion.
Why it matters: Reddit bought back about $100 million of shares in Q3, and its fully diluted share count fell 0.3% from Q2.
Supportive ifA later report shows fewer than 206.3 million fully diluted shares. It also reports share buybacks for that quarter.
Worry ifA later report shows fully diluted shares above 206.3 million and no share buybacks.
Why it matters: Q3 adjusted EBITDA was $402 million, or 45% of revenue. A result above the Q4 range would show further profit growth.
Supportive ifThe report says Q4 2026 adjusted EBITDA tops $510 million.
Worry ifThe report says Q4 2026 adjusted EBITDA is under $480 million.
Why it matters: Global DAUq grew 12% in Q3, but U.S. DAUq fell 2%. A U.S. rebound would ease concern about user growth at home.
Supportive ifA later quarterly report shows U.S. DAUq above its level from the same quarter a year earlier.
Worry ifA later quarterly report shows U.S. DAUq down year over year for a second straight quarter.
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 | ±$223 on $10,000 · ±2.2% | How much price usually moves either way. |
| Bad day | $708 loss on $10,000 · 7.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $6,487 loss on $10,000 · 64.9% | 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.