<- Go home

Added to YB: 2026-08-04

Pitch date: 2026-08-01

RDDT [bullish]

Reddit, Inc.

+9.03%

current return

Author Info

No bio for this author

Company Info

Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging.

Market Cap

$27.1B

Pitch Price

$141.90

Price Target

N/A

Dividend

N/A

EV/EBITDA

29.88

P/E

32.79

EV/Sales

8.74

Sector

Interactive Media and Services

Category

value

Show full summary:
Chop is fine, captain - Reddit Q2 2026 Earnings

RDDT (added to position): Q2'26 sell-off overblown on Huffman's 'choppy' search referrals comment & flat US DAUq (flawed metric ignoring time-on-site). Nuclear case (no DAU growth, ARPU doubles in ~2yr at 36% YoY): $6.4B rev, $2.1B NI, 11x run-rate FCF. 20x fwd PE on 60% growth. Added.

Read full article (3 min)