Reddit, Inc. (RDDT) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Reddit, Inc. (RDDT) stock forecast summary
Our AI ranks Reddit, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Reddit, Inc. is a large-cap company with a market capitalization of $29.97B. It ranks number 3 by market capitalization among the 60 Services-Computer Processing & Data Preparation issuers in our coverage with a current forecast.
For RDDT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -9.0%, measured on 264 forecast dates between 2024-05-10 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 307 forecast dates between 2024-05-10 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.0%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, RDDT included.
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How RDDT ranks among 5171 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Reddit, Inc. (RDDT) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Services-Computer Processing & Data Preparation peers listed below that report each metric.
Valuation & Market
| Metric | RDDT | Rank |
|---|---|---|
| Market Cap | $29.97B | 3/60 |
| P/E Ratio | 35.25x | 12/29 |
| P/B Ratio | 9.12x | 14/47 |
| EPS | $4.43 | – |
| Book Value/Share | $17.12 | – |
| Revenue/Share | $14.48 | – |
| FCF/Share | $5.31 | – |
Profitability & Margins
| Metric | RDDT | Rank |
|---|---|---|
| ROE | 26.5% | 9/31 |
| ROA | 23.9% | 2/33 |
| ROIC | 23.8% | 8/39 |
| Gross Margin | 91.4% | 4/41 |
| Operating Margin | 28.2% | 6/46 |
| Net Margin | 31.4% | 2/33 |
| EBT Margin | 31.6% | 6/47 |
| Tax Rate | 0.8% | – |
Financial Health
| Metric | RDDT | Rank |
|---|---|---|
| Current Ratio | 10.49x | 5/51 |
| D/E Ratio | 0.11x | 45/51 |
| Financial Leverage | 1.11x | 40/45 |
| Working Capital | $3.20B | 1/51 |
Cash Flow
| Metric | RDDT | Rank |
|---|---|---|
| Operating Cash Flow | $1.03B | 6/49 |
| Free Cash Flow | $1.02B | 4/35 |
| Capital Spending | -$7M | 15/35 |
| OCF Growth YoY | 156.2% | 4/31 |
| FCF Growth YoY | 156.7% | 4/27 |
| FCF/Sales | 36.7% | 2/35 |
| CapEx/Sales | 0.3% | 29/35 |
Operational Efficiency
| Metric | RDDT | Rank |
|---|---|---|
| Asset Turnover | 0.76x | 17/33 |
| Receivables Turnover | 4.3x | 33/35 |
| Fixed Assets Turnover | 231.9x | 2/35 |
| Days Sales Outstanding | 85 days | 3/35 |
| Payables Period | 137 days | 7/29 |
Income Statement
| Metric | RDDT | Rank |
|---|---|---|
| Total Revenue | $2.78B | 8/38 |
| Operating Income | $785M | 5/48 |
| Net Income | $871M | 3/35 |
| R&D Expense | $834M | 3/33 |
| SG&A Expense | $1.60B | 6/43 |
| Cost of Goods Sold | $238M | 21/42 |
Dividend & Shareholder Information
| Metric | RDDT | Rank |
|---|---|---|
| Shares Outstanding | 192M | – |
| Net Income Growth | 302.6% | 2/21 |
| EPS Growth | -17.5% | 17/24 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $3.54B | 97.4% of assets |
| Cash & Short-term Investments | $1.49B | 40.9% of assets |
| Accounts Receivable | $650M | 17.9% of assets |
| Total Liabilities | $351M | 9.6% of assets |
| Short-term Debt | $249M | 6.8% of assets |
RDDT quarterly financials and insider trading
Reddit, Inc. (RDDT) industry peers
Companies classified under the same SEC industry code as Reddit, Inc. (Services-Computer Processing & Data Preparation): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| RDDT Reddit, Inc. | ▲ | $29.97B |
| ADP Automatic Data Processing Inc | ▼ | $114.77B |
| WDAY Workday, Inc. | ▶ | $47.39B |
| VRSK Verisk Analytics, Inc. | ▼ | $26.11B |
| TOST Toast, Inc. | ▶ | $18.62B |
| HNGE Hinge Health, Inc. | ▲ | $8.00B |
| RNG Ringcentral, Inc. | ▲ | $6.68B |
| PEGA Pegasystems Inc | ▲ | $5.91B |
| BILI Bilibili Inc. | ▶ | $5.88B |
| APLD Applied Digital Corp. | ▲ | $5.26B |
| QBTS D-Wave Quantum Inc. | ▲ | $4.73B |
| JOYY Joyy Inc. | ▼ | $4.21B |
| LIF Life360, Inc. | ▲ | $3.35B |
| FA First Advantage Corp | ▶ | $3.29B |
| LFTO Liftoff Mobile, Inc. | ▶ | $2.80B |
| CARG Cargurus, Inc. | ▲ | $2.70B |
| FIVN Five9, Inc. | ▲ | $2.41B |
| ATHM Autohome Inc. | ▶ | $2.40B |
| RAMP Liveramp Holdings, Inc. | ▼ | $2.28B |
| DXC Dxc Technology Co | ▼ | $2.18B |
| INFQ Infleqtion, Inc. | ▼ | $1.93B |
| EVTC Evertec, Inc. | ▼ | $1.86B |
| INOD Innodata Inc | ▲ | $1.82B |
| GLOB Globant S.A. | ▶ | $1.73B |
| HAWK Hawkeye 360, Inc. | ▶ | $1.22B |
| CLVT Clarivate Plc | ▲ | $1.17B |
| GDRX Goodrx Holdings, Inc. | ▲ | $1.15B |
| SHAZ Sharonai Holdings Inc. | ▲ | $1.11B |
| UPWK Upwork, Inc | ▲ | $1.09B |
| LZ Legalzoom.Com, Inc. | ▶ | $1.04B |
| PLTK Playtika Holding Corp. | ▲ | $831M |
| TASK Taskus, Inc. | ▲ | $781M |
| BRUN Boost Run Inc. | ▼ | $707M |
| YEXT Yext, Inc. | ▶ | $706M |
| DDI Doubledown Interactive Co., Ltd. | ▼ | $684M |
| NRDS Nerdwallet, Inc. | ▶ | $640M |
| SOPH Sophia Genetics Sa | ▲ | $621M |
| IBEX Ibex Ltd | ▶ | $606M |
| CARS Cars.Com Inc. | ▲ | $547M |
| OOMA Ooma Inc | ▲ | $544M |
| GRVY Gravity Co., Ltd. | ▼ | $464M |
| TRVG Trivago N.V. | ▲ | $284M |
| EGHT 8x8 Inc /De/ | ▲ | $280M |
| GLOO Gloo Holdings, Inc. | ▲ | $280M |
| MOVE Corvex, Inc. | ▶ | $265M |
| FCCN Spectral Capital Corp | ▲ | $251M |
| AIAI Aiai Holdings Corp | ▼ | $212M |
| FIRY Firy Inc. | ▲ | $192M |
| SSTK Shutterstock, Inc. | ▲ | $170M |
| QMLS Qumulusai, Inc. | ▼ | $137M |
| TRAK Repositrak, Inc. | ▶ | $135M |
| TCX Tucows Inc /Pa/ | ▲ | $117M |
| BHIC Bioscience Health Innovations, Inc. | ▶ | $80M |
| DTCX Datacentrex, Inc. | ▶ | $57M |
| VERI Veritone, Inc. | ▲ | $56M |
| CAST Freecast, Inc. | ▶ | $55M |
| PHUN Phunware, Inc. | ▶ | $43M |
| SJ Scienjoy Holding Corp | ▶ | $40M |
| DGNX Diginex Ltd | ▶ | $34M |
| GMHS Gamehaus Holdings Inc. | ▼ | $32M |
Where RDDT sits on the market map
Reddit, Inc. (RDDT) stock news
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Reddit, Inc. (RDDT) stock forecast FAQ
What is the Reddit, Inc. (RDDT) stock forecast?
Our AI ranks Reddit, Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Reddit, Inc. stock predictions?
For RDDT, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -9.0%, measured on 264 forecast dates between 2024-05-10 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 307 forecast dates between 2024-05-10 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Reddit, Inc. forecasts updated?
Reddit, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Reddit, Inc.'s industry peers?
60 issuers in our coverage, RDDT included, share the SEC industry code Services-Computer Processing & Data Preparation. The largest are: Automatic Data Processing Inc (ADP), Workday, Inc. (WDAY), Verisk Analytics, Inc. (VRSK), Toast, Inc. (TOST), Hinge Health, Inc. (HNGE), Ringcentral, Inc. (RNG).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.