Q1 Earnings Crush Expectations: Social media buzz ignited after Reddit's first-quarter results revealed revenue of $663 million, surging 69% year-over-year and surpassing guidance by a wide margin. Users highlighted robust EBITDA margins at 40% and free cash flow of $311 million, praising the platform's operational efficiency amid ad revenue growth.
Guidance Draws Mixed Reactions: While the Q2 outlook of $715-725 million fell short of some consensus estimates due to tough comparisons, discussions emphasized maintained profitability targets. Traders noted the stock's 53% correction from highs positioned it attractively at around 23 times forward earnings, fueling debates on near-term momentum.
Bullish Long-Term Outlook: Conversations on social media underscore Reddit's AI data licensing deals and low capex as key moats, with several voices projecting targets up to $250. The platform's ranking high on forums like WallStreetBets signals sustained interest in its growth trajectory.
Note: This discussion summary was generated from an AI condensation of post data.
Reddit Insider Trading Activity
Reddit insiders have traded $RDDT stock on the open market 325 times in the past 6 months. Of those trades, 4 have been purchases and 321 have been sales.
Here’s a breakdown of recent trading of $RDDT stock by insiders over the last 6 months:
- JENNIFER L. WONG (Chief Operating Officer) has made 0 purchases and 76 sales selling 300,303 shares for an estimated $55,708,732.
- STEVE LADD HUFFMAN (CEO & President) has made 0 purchases and 101 sales selling 211,911 shares for an estimated $38,362,968.
- CHRISTOPHER BRIAN SLOWE (Chief Technology Officer) has made 0 purchases and 90 sales selling 159,000 shares for an estimated $29,996,972.
- BENJAMIN SEONG LEE (Chief Legal Officer) has made 0 purchases and 28 sales selling 117,007 shares for an estimated $26,833,003.
- SARAH E FARRELL has made 4 purchases buying 61,000 shares for an estimated $8,870,869 and 0 sales.
- MICHELLE MARIE REYNOLDS (Chief Accounting Officer) has made 0 purchases and 14 sales selling 16,755 shares for an estimated $3,548,829.
- ANDREW VOLLERO (Chief Financial Officer) has made 0 purchases and 12 sales selling 12,887 shares for an estimated $3,294,078.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
Reddit Revenue
Reddit had revenues of $663.4M in Q1 2026. This is an increase of 69.08% from the same period in the prior year.
You can track RDDT financials on Quiver Quantitative's RDDT stock page.
Reddit Hedge Fund Activity
We have seen 487 institutional investors add shares of Reddit stock to their portfolio, and 391 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 5,626,017 shares (+inf%) to their portfolio in Q4 2025, for an estimated $1,293,252,527
- FMR LLC removed 3,570,143 shares (-26.5%) from their portfolio in Q4 2025, for an estimated $820,668,771
- CRESSET ASSET MANAGEMENT, LLC removed 2,001,992 shares (-54.1%) from their portfolio in Q4 2025, for an estimated $460,197,901
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,220,043 shares (-73.7%) from their portfolio in Q4 2025, for an estimated $280,451,284
- VANGUARD GROUP INC added 1,083,540 shares (+8.9%) to their portfolio in Q4 2025, for an estimated $249,073,339
- TIGER GLOBAL MANAGEMENT LLC removed 828,600 shares (-17.7%) from their portfolio in Q4 2025, for an estimated $190,470,282
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 801,729 shares (-40.0%) from their portfolio in Q4 2025, for an estimated $184,293,445
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Reddit Analyst Ratings
Wall Street analysts have issued reports on $RDDT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 05/01/2026
To track analyst ratings and price targets for Reddit, check out Quiver Quantitative's $RDDT forecast page.
Reddit Price Targets
Multiple analysts have issued price targets for $RDDT recently. We have seen 17 analysts offer price targets for $RDDT in the last 6 months, with a median target of $215.0.
Here are some recent targets:
- Laura Martin from Needham set a target price of $300.0 on 05/01/2026
- Andrew Boone from Citizens set a target price of $240.0 on 05/01/2026
- Mark Mahaney from Evercore ISI Group set a target price of $300.0 on 05/01/2026
- Wyatt Swanson from DA Davidson set a target price of $200.0 on 05/01/2026
- Thomas Champion from Piper Sandler set a target price of $215.0 on 05/01/2026
- Alec Brondolo from Wells Fargo set a target price of $176.0 on 05/01/2026
- Deepak Mathivanan from Cantor Fitzgerald set a target price of $180.0 on 05/01/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
