Roth Capital Forecasts Reddit's Q2 Earnings (NYSE:RDDT)

Reddit Inc. (NYSE:RDDT - Free Report) - Equities research analysts at Roth Capital boosted their Q2 2025 earnings estimates for shares of Reddit in a report issued on Monday, July 21st. Roth Capital analyst R. Kulkarni now anticipates that the company will earn $0.17 per share for the quarter, up from their previous estimate of $0.16. Roth Capital has a "Neutral" rating and a $145.00 price target 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 Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $1.29 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.45 EPS, Q4 2026 earnings at $0.99 EPS and FY2026 earnings at $2.43 EPS.

Other equities analysts also recently issued reports about the stock. The Goldman Sachs Group increased their price objective on shares of Reddit from $124.00 to $140.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Wall Street Zen upgraded Reddit from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Morgan Stanley reissued an "overweight" rating and set a $170.00 target price (up previously from $154.00) on shares of Reddit in a report on Monday. Robert W. Baird lifted their price objective on shares of Reddit from $120.00 to $151.00 and gave the company a "neutral" rating in a report on Tuesday, July 8th. Finally, Seaport Res Ptn raised shares of Reddit from a "hold" rating to a "strong-buy" rating in a report on Monday, May 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Reddit presently has a consensus rating of "Moderate Buy" and an average price target of $144.13.

Reddit Stock Up 2.9%

NYSE:RDDT traded up $4.17 during mid-day trading on Tuesday, hitting $150.27. 4,253,173 shares of the stock traded hands, compared to its average volume of 7,765,072. The stock has a market capitalization of $27.73 billion, a price-to-earnings ratio of 254.94, a PEG ratio of 3.74 and a beta of 2.33. Reddit has a 52 week low of $49.13 and a 52 week high of $230.41. The firm's 50 day moving average is $129.80 and its two-hundred day moving average is $139.35.

Reddit (NYSE:RDDT - Get Free Report) last announced its earnings results on Thursday, May 1st. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. The firm had revenue of $392.36 million for the quarter, compared to analysts' expectations of $370.55 million. Reddit had a net margin of 8.07% and a return on equity of 5.69%. The business's revenue was up 61.5% compared to the same quarter last year. During the same period in the prior year, the company earned ($8.19) EPS.

Insiders Place Their Bets

In related news, CEO Steve Ladd Huffman sold 14,000 shares of Reddit stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $145.63, for a total value of $2,038,820.00. Following the completion of the transaction, the chief executive officer directly owned 539,631 shares of the company's stock, valued at $78,586,462.53. The trade was a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Michelle Marie Reynolds sold 3,500 shares of the business's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $150.64, for a total value of $527,240.00. Following the sale, the chief accounting officer directly owned 37,868 shares of the company's stock, valued at $5,704,435.52. This represents a 8.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 490,809 shares of company stock valued at $59,555,045 in the last 90 days. 34.25% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Reddit

A number of large investors have recently bought and sold shares of the company. FMR LLC raised its stake in Reddit by 7.5% in the 4th quarter. FMR LLC now owns 13,070,780 shares of the company's stock valued at $2,136,288,000 after acquiring an additional 913,189 shares during the period. Vanguard Group Inc. lifted its stake in Reddit by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 10,198,552 shares of the company's stock valued at $1,069,828,000 after purchasing an additional 1,017,162 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Reddit by 103.0% during the first quarter. Alliancebernstein L.P. now owns 5,659,990 shares of the company's stock valued at $593,733,000 after purchasing an additional 2,871,232 shares in the last quarter. T. Rowe Price Investment Management Inc. boosted its stake in shares of Reddit by 10.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,073,939 shares of the company's stock valued at $427,357,000 after purchasing an additional 389,761 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Reddit by 98.2% during the first quarter. JPMorgan Chase & Co. now owns 1,907,495 shares of the company's stock worth $200,096,000 after acquiring an additional 944,847 shares during the last quarter.

Reddit Company Profile

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.