Reddit stock trades at 34.50 times earnings despite fast growth
Published on 10/20/2026 at 21:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSValuation and growth in view
- Trefis measured Reddit at 34.50 times earnings on October 19, 2026, compared with 26.50 times for Meta Platforms.
- Revenue reached USD 804.91 million in the second quarter of 2026, an increase of 61.00 percent from the prior year.
- Reddit stock costs EUR 139.50 at Lang & Schwarz on October 20, 2026 at 9:05 p.m. CEST.
- Reddit is scheduled to report third-quarter 2026 results on October 29, 2026.
Reddit stock is valued at 34.50 times earnings despite 66.60 percent revenue growth over the four quarters ended June 30, 2026, according to Trefis. At Lang & Schwarz, the stock was trading at EUR 139.50 on October 20, 2026 at 9:05 p.m. CEST.
Growth supports the premium
Reddit generated USD 804.91 million in revenue during the second quarter of 2026, up 61.00 percent from the same quarter a year earlier. Net income reached USD 252.85 million, while operating profit was USD 231.72 million in the same period.
The comparison with larger platforms explains the valuation tension. Trefis put Reddit at 34.50 times earnings and Meta Platforms at 26.50 times on October 16, 2026, while Reddit delivered 66.60 percent revenue growth over four fiscal quarters against Meta's 27.70 percent.
What could change before results?
Needham reiterated a Buy rating and a USD 300.00 price target on October 9, 2026, citing accelerating traffic metrics in the third quarter, according to Investing.com. The report said app downloads grew 19.00 percent from the second quarter to the third quarter.
Reddit is scheduled to announce third-quarter 2026 results on October 29, 2026, according to the company release dated October 15, 2026, published on Reddit Investor Relations. Management had projected third-quarter revenue of USD 860.00 million to USD 870.00 million in the October 19, 2026 Trefis analysis.
Stock valuation and trading frame
Reddit had a market capitalization of USD 30.2 billion on October 20, 2026. Its 52-week range was USD 119.27 to USD 263.50, placing the latest US quotation below the high and above the low. The company is listed on the NYSE under ticker RDDT and belongs to the S&P 500.
The valuation case therefore rests on continued advertising expansion and traffic growth, while the upcoming quarterly release will test whether the projected USD 860.00 million to USD 870.00 million revenue range remains achievable.
The further course of trading is shown by the continuously updated real-time quote of Reddit stock.
Reddit stock facts
- Company: Reddit, Inc.
- ISIN: US75734B1008
- Ticker: RDDT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 9:05 p.m. CEST): EUR 139.50
- Market capitalization: USD 30.2 billion (as of October 20, 2026)
- 52-week range: USD 119.27-263.50 (as of October 20, 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.
