What Happened? Shares of online community and discussion platform Reddit NYSE:RDDT jumped 11% in the afternoon session after investors revisited the company's strong second-quarter earnings results, prompting a rebound from a recent sell-off. The stock had previously fallen more than 20% after the…
Reddit RDDT shares have lost 21% since it reported second-quarter 2026 results on July 30, 2026. The decline can be attributed to choppy and declining search referral traffic, particularly late in the second quarter of 2026, which led to a slight decrease in daily active users and heightened volati…
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for…
Reddit NYSE:RDDT, an online discussion platform organized around topic-based communities, plunged approximately 22% by Friday's close as investors focused on slower U.S. user growth and volatile search referrals. Second-quarter revenue increased 61% to $805 million, exceeding analysts' estimate of…
Amazon.com Inc. (NASDAQ:AMZN)‘s best earnings-day pop in years and a nearly $475 billion wipeout in Apple Inc. (NASDAQ:AAPL) market valuation pulled Wall Street in opposite directions Friday, leaving indexes searching for direction into midday as the AI trade split in two.The S&P 500 held a 0.5% ga…
Reddit Inc. (RDDT) has secured a major procedural victory in its legal battle against unauthorized artificial intelligence data harvesting, after a federal judge denied motions to dismiss key claims alleging that AI platform Perplexity AI and web-scraping vendor SerpApi illegally bypassed technical…
Reddit NYSE:RDDT shares fell about 20% on Friday after the social media platform delivered stronger-than-expected second-quarter results, as investors focused on uncertainty around search traffic and artificial intelligence.Reddit revenue climbed 61% year over year to $805 million, topping Wall Str…
Explore more price target data and ratings for Reddit, Inc. on the Forecasts tab, and track all previous and future analyst recommendations for Reddit, Inc. in the dedicated News Flow.Select reference data provided by FactSet. Copyright © 2026 FactSet Research Systems Inc. This information is not a…
Reddit shares fell 10% in overnight trading ahead of Friday despite reporting strong quarterly results and issuing an upbeat forecast, as investors focused on the company’s warning about “volatile traffic” as a key risk to the business.“Search referrals were choppy in the quarter, and traffic was m…
Q2 saw 61% revenue growth to $805M, with adjusted EBITDA margin at 43% and net income more than doubling year-over-year. User retention and direct engagement improved, while ad business and international growth remained strong. Guidance for Q3 projects continued high growth.Based on Reddit, Inc. [R…
Q2 saw 61% revenue growth to $805M, with adjusted EBITDA margin at 43% and net income more than doubling year-over-year. User growth was driven by improved retention and product enhancements, while ad revenue and engagement metrics surged across segments.Based on Reddit, Inc. [RDDT] Q2 2026 Audio T…
Reddit, Inc. (NYSE: RDDT) today announced financial results for the quarter ended June 30, 2026. Reddit’s complete financial results and management commentary can be found in its shareholder letter on Reddit’s Investor Relations website at https://investor.redditinc.com.“In an increasingly automate…
Reddit (RDDT) is drawing fresh attention from Wall Street ahead of its second-quarter earnings due after market close on Thursday, with Keybanc initiating coverage on the social media platform with an ‘Overweight’ rating and a $225 price target. The target implies roughly 25% upside from current le…
Online community and discussion platform Reddit NYSE:RDDT will be reporting results this Thursday afternoon. Here’s what to expect.Reddit beat analysts’ revenue expectations last quarter, reporting revenues of $663.4 million, up 69.1% year on year. It was a very strong quarter for the company, with…
Reddit NYSE:RDDT shares fell about 6% on Wednesday after a report said the social media company is weighing whether to limit Google's NASDAQ:GOOG access to its content for artificial intelligence training as the companies discuss renewing an existing licensing agreement.Reddit and Google entered a…
Shares of Reddit (RDDT) tumbled nearly 9% by Wednesday afternoon after The Wall Street Journal reported that the company has considered shutting off Google’s access to the platform’s content for AI use.The development has prompted fresh commentary from at least three analysts over possible implicat…
Wedbush on Thursday named Alphabet (GOOGL), Uber (UBER), Reddit (RDDT), and Xometry (XMTR) its top internet stock picks across different market-cap categories, with analyst Ygal Arounian calling artificial intelligence (AI) the "single most impactful swing factor" shaping the sector's outlook.The f…
Reddit (RDDT) could have further upside as the rapid adoption of artificial intelligence makes authentic, human-generated content more valuable, according to Needham. The brokerage maintained its ‘Buy’ rating on the social media platform and reiterated a $300 price target, implying nearly 50% upsid…
Reddit (RDDT) attracted significant investor attention on Friday after Jefferies issued positive commentary on the company following conversations with advertising agencies ahead of the social media platform’s second-quarter earnings, which are expected at the end of this month.The firm expects Red…
