Reddit's Stellar Earnings: Reddit Inc. reported third-quarter earnings that surpassed Wall Street expectations, driving its stock price up by over 17% in after-hours trading. The company posted revenue of $584.91 million against an estimate of $549.63 million, marking a 68% year-over-year growth. Earnings per share hit $0.80, well above the anticipated $0.52.
Strong User Growth: Daily active users on the platform surged by 19% to 116 million, signaling robust engagement. Reddit also issued an upbeat forecast for the next quarter, further fueling investor confidence. This performance underscores the platform's growing value in advertising and potential AI data applications.
Market Implications: Despite the initial surge, some analysts caution if Reddit can sustain this momentum amid high valuations. The stock’s rise reflects optimism, but market watchers are keen to see if growth translates to long-term profitability. Reddit’s trajectory remains a focal point for tech investors.
$RDDT Insider Trading Activity
$RDDT insiders have traded $RDDT stock on the open market 321 times in the past 6 months. Of those trades, 0 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:
- STEVE LADD HUFFMAN (CEO & President) has made 0 purchases and 104 sales selling 404,817 shares for an estimated $59,755,423.
- JENNIFER L. WONG (Chief Operating Officer) has made 0 purchases and 82 sales selling 282,486 shares for an estimated $54,244,448.
- CHRISTOPHER BRIAN SLOWE (Chief Technology Officer) has made 0 purchases and 80 sales selling 152,000 shares for an estimated $27,888,605.
- ANDREW VOLLERO (Chief Financial Officer) has made 0 purchases and 15 sales selling 60,000 shares for an estimated $10,071,737.
- MICHELLE MARIE REYNOLDS (Chief Accounting Officer) has made 0 purchases and 24 sales selling 13,852 shares for an estimated $2,319,357.
- BENJAMIN SEONG LEE (Chief Legal Officer) has made 0 purchases and 16 sales selling 13,280 shares for an estimated $2,090,056.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RDDT Hedge Fund Activity
We have seen 446 institutional investors add shares of $RDDT stock to their portfolio, and 302 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TIGER GLOBAL MANAGEMENT LLC added 2,899,384 shares (+89.2%) to their portfolio in Q2 2025, for an estimated $436,560,248
- ALLIANCEBERNSTEIN L.P. removed 2,232,345 shares (-39.4%) from their portfolio in Q2 2025, for an estimated $336,124,186
- FMR LLC removed 2,107,677 shares (-15.9%) from their portfolio in Q2 2025, for an estimated $317,352,925
- BLACKROCK, INC. added 2,103,384 shares (+48.7%) to their portfolio in Q2 2025, for an estimated $316,706,528
- D. E. SHAW & CO., INC. removed 1,699,323 shares (-57.3%) from their portfolio in Q2 2025, for an estimated $255,867,064
- SCGE MANAGEMENT, L.P. removed 1,612,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $242,718,840
- NORGES BANK added 1,513,635 shares (+343.5%) to their portfolio in Q2 2025, for an estimated $227,908,021
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RDDT Analyst Ratings
Wall Street analysts have issued reports on $RDDT in the last several months. We have seen 11 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 10/31/2025
- Citigroup issued a "Buy" rating on 10/21/2025
- Piper Sandler issued a "Overweight" rating on 09/18/2025
- JMP Securities issued a "Market Outperform" rating on 09/18/2025
- Oppenheimer issued a "Outperform" rating on 09/16/2025
- Jefferies issued a "Buy" rating on 09/10/2025
- Morgan Stanley issued a "Overweight" rating on 08/01/2025
To track analyst ratings and price targets for $RDDT, check out Quiver Quantitative's $RDDT forecast page.
$RDDT Price Targets
Multiple analysts have issued price targets for $RDDT recently. We have seen 19 analysts offer price targets for $RDDT in the last 6 months, with a median target of $230.0.
Here are some recent targets:
- Justin Post from B of A Securities set a target price of $210.0 on 10/31/2025
- Laura Martin from Needham set a target price of $300.0 on 10/31/2025
- Ronald Josey from Citigroup set a target price of $250.0 on 10/21/2025
- Josh Beck from Raymond James set a target price of $250.0 on 10/20/2025
- Youssef Squali from Truist Securities set a target price of $260.0 on 10/15/2025
- Ken Gawrelski from Wells Fargo set a target price of $174.0 on 10/07/2025
- Andrew Boone from JMP Securities set a target price of $300.0 on 10/03/2025
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.
