B. Riley Issues Optimistic Forecast for Reddit Earnings

Reddit, Inc. (NYSE:RDDT) – Equities researchers at B. Riley increased their Q2 2025 earnings per share (EPS) estimates for Reddit in a report released on Thursday, February 13th. B. Riley analyst N. Khan now anticipates that the company will earn $0.18 per share for the quarter, up from their previous estimate of $0.12. B. Riley currently has a “Buy” rating and a $187.00 target price on the stock. The consensus estimate for Reddit’s current full-year earnings is ($3.45) per share. B. Riley also issued estimates for Reddit’s Q4 2025 earnings at $0.52 EPS and FY2026 earnings at $1.74 EPS.

Reddit (NYSE:RDDT) last announced its earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.12. Reddit had a negative return on equity of 40.54% and a negative net margin of 47.83%.

Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group raised their target price on Reddit from $120.00 to $175.00 and gave the company a “buy” rating in a report on Monday, November 25th. JMP Securities raised their price target on shares of Reddit from $190.00 to $200.00 and gave the stock a “market outperform” rating in a research note on Thursday. Wells Fargo & Company increased their target price on Reddit from $206.00 to $215.00 and gave the stock an “overweight” rating in a research report on Thursday. Robert W. Baird boosted their price objective on shares of Reddit from $160.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Piper Sandler reissued an “overweight” rating and set a $210.00 target price (up previously from $197.00) on shares of Reddit in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $175.45.

Reddit Price Performance

NYSE RDDT opened at $205.50 on Friday. The firm has a 50-day moving average price of $181.65 and a 200 day moving average price of $117.91. Reddit has a 52-week low of $37.35 and a 52-week high of $230.41.

Institutional Investors Weigh In On Reddit

Large investors have recently added to or reduced their stakes in the stock. Ridgewood Investments LLC grew its position in shares of Reddit by 100.0% during the fourth quarter. Ridgewood Investments LLC now owns 200 shares of the company’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Proficio Capital Partners LLC boosted its stake in Reddit by 2.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,908 shares of the company’s stock valued at $966,000 after purchasing an additional 120 shares during the period. Farther Finance Advisors LLC grew its position in Reddit by 148.5% in the 4th quarter. Farther Finance Advisors LLC now owns 246 shares of the company’s stock worth $40,000 after purchasing an additional 147 shares during the last quarter. UMB Bank n.a. increased its stake in shares of Reddit by 10.8% in the fourth quarter. UMB Bank n.a. now owns 1,533 shares of the company’s stock valued at $251,000 after purchasing an additional 150 shares during the period. Finally, Foundations Investment Advisors LLC raised its holdings in shares of Reddit by 3.0% during the fourth quarter. Foundations Investment Advisors LLC now owns 5,325 shares of the company’s stock valued at $870,000 after buying an additional 155 shares during the last quarter.

Insider Activity at Reddit

In related news, CEO Steve Ladd Huffman sold 14,000 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $141.79, for a total transaction of $1,985,060.00. Following the sale, the chief executive officer now owns 634,971 shares in the company, valued at $90,032,538.09. This represents a 2.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Andrew Vollero sold 19,838 shares of Reddit stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $143.22, for a total value of $2,841,198.36. Following the completion of the transaction, the chief financial officer now owns 703,615 shares of the company’s stock, valued at approximately $100,771,740.30. The trade was a 2.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 245,357 shares of company stock valued at $39,357,388.

About Reddit

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.