Reddit Q3 EPS seen at $1.30, up 62.5% ahead of earnings

Trefis+1 · 2 hours ago
Reddit Q3 EPS seen at $1.30, up 62.5% ahead of earnings
  • Analysts expect Reddit to report fiscal Q3 2026 diluted EPS of $1.30, up 62.5% from $0.80 in the year-ago quarter.
  • Reddit has beaten Wall Street EPS estimates in each of its last four quarterly reports.
  • Consensus expects FY26 EPS of $5.27, up 101.2% from $2.62 in FY25, and $6.94 in FY27.
  • RDDT shares are down 19.5% over 52 weeks while the S&P 500 gained 19.2%.
  • Shares face pressure from concern that Alphabet AI-generated summaries could replace traditional search links and reduce Reddit referral traffic.
  • Analyst consensus is Moderate Buy across 32 analysts: 19 Strong Buy, 1 Moderate Buy, 11 Hold, and 1 Strong Sell, with an average price target of $211.45, implying 32.2% upside.
  • Trefis reports Reddit annual volatility of 81% versus 15.5% for the S&P 500, and a return-to-volatility ratio of 0.69 versus 1.1 for the index.
  • Reddit revenue grew 61% year over year, with advertising at $762 million of $805 million total in Q2 2026.