Reddit stock closed at USD 156.14 ahead of October 29 results
Published on 10/17/2026 at 22:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSScheduled results and valuation
- Reddit announced its third-quarter results date on October 15, 2026.
- Second-quarter revenue reached USD 804.91 million.
- Reddit stock cost USD 156.14 on October 16, 2026 at 4:04 p.m. ET, down 2.02 percent versus the prior NYSE close.
- The price-to-earnings ratio stood at 36.29 on October 16, 2026.
Reddit, Inc. announced on October 15, 2026 that it will release its third-quarter 2026 results after the market close on October 29, 2026, according to Reddit. The company will hold its earnings call at 4:30 p.m. ET that day. Reddit stock closed at USD 156.14 on the NYSE on October 16, 2026 at 4:04 p.m. ET, down 2.02 percent versus the prior NYSE close.
Revenue sets the next comparison
Reddit generated USD 804.91 million in revenue in the second quarter of 2026, up 61.00 percent from the same quarter a year earlier. The figure exceeded the USD 731.00 million consensus estimate by USD 73.91 million, according to MarketBeat. The coming report will show whether that growth rate held into the third quarter.
Price sits below the yearly high
On October 16, 2026, Reddit traded between USD 153.35 and USD 164.87, with volume of 3,827,637 shares against an average of 5,923,075. The 52-week range was USD 119.27 to USD 263.50, placing the stock 40.74 percent below its high and 30.92 percent above its low. Reddit was down 32.10 percent year to date.
The latest quarterly announcement remained a dated reference point rather than the main driver of this market report. Reddit reported second-quarter adjusted earnings per share of USD 1.25 against a USD 0.95 consensus estimate, according to MarketBeat.
Valuation and October 29 date
Reddit's market capitalization was USD 30.0 billion on October 16, 2026, while its price-to-earnings ratio was 36.29. The company has no dividend yield listed. The October 29 results release is the next scheduled corporate date, and Reddit said the conference call will begin at 4:30 p.m. ET.
Comparison with peers
Reddit (NYSE, USD): minus 2.02 percent, P/E 36.29, market capitalization USD 30.0 billion.
Pinterest (NYSE, USD): minus 3.52 percent, P/E 64.44, market capitalization USD 12.4 billion.
Snap (NYSE, USD): minus 5.01 percent, P/E minus 32.64, market capitalization USD 10.3 billion.
What the next report must clarify
Reddit's valuation remains tied to the gap between rapid revenue growth and the stock's 32.10 percent year-to-date decline. The October 29 release will give investors the next full-period view of advertising demand, user activity and management's outlook.
Reddit stock closed at USD 156.14 on the NYSE on October 16, 2026 at 4:04 p.m. ET, down 2.02 percent versus the prior NYSE close.
Reddit stock facts
- Company: Reddit, Inc.
- ISIN: US75734B1008
- Ticker: RDDT
- Primary exchange: NYSE
- Price on October 16, 2026 at 4:04 p.m. ET: USD 156.14
- Change versus prior NYSE close: minus 2.02 percent
- Market capitalization: USD 30.0 billion (as of October 16, 2026)
- 52-week range: USD 119.27-263.50 (as of October 16, 2026)
- Sector / Industry: Communication Services / Internet Content and Information
- Index membership: S&P 500
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
