Reddit Inc (NYSE:RDDT) looks to continue a streak of beating analyst estimates since going public when the company reports third-quarter financial results Thursday after market close.
Here are the earnings estimates, analyst ratings and key items to watch.
Reddit Q3 Earnings Estimates
Analysts expect Reddit to report third-quarter revenue of $878.01 million, up from $585 million in last year’s third quarter, according to data from Benzinga Pro.
The company has beaten analyst revenue estimates in all 10 quarters since going public.
The revenue estimate would break the company’s quarter record of $804.9 million set in the second quarter.
Analysts expect Reddit to report earnings of $1.35 per share, up from 80 cents per share last year.
The company has beaten analyst estimates for earnings per share in all 10 quarters since going public.
Reddit Analyst Ratings
Here are some of the latest analyst ratings on Reddit stock and their price targets:
- Needham: Maintained Buy rating with a price target of $300
- DA Davidson: Maintained Buy rating, lowered price target from $200 to $185
Key Items to Watch
Since going public, Reddit has consistently beaten analyst estimates for revenue and earnings per share and shown record AI-related revenue.
Analysts will be looking for record revenue and strong commentary on AI contracted revenue as the company could see threats on contract renewals and from competition.
Reddit posted growth in daily active uniques and weekly active uniques in the second quarter. Along with its streak of beating analyst estimates, the company also put its eight-quarter streak of 60% or more revenue growth on the line.
Reddit Stock Price Action
Reddit stock is down 0.2% on Wednesday to $136.15 versus a 52-week trading range of $119.27 to $263.50. Reddit shares are down 4.9% over the last month and down 43.7% year-to-date in 2026.
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