B. Riley Has Bullish Forecast for Reddit FY2025 Earnings

Reddit Inc. (NYSE:RDDT) – Equities research analysts at B. Riley increased their FY2025 earnings estimates for Reddit in a research report issued to clients and investors on Friday, October 31st. B. Riley analyst N. Khan now anticipates that the company will earn $2.37 per share for the year, up from their previous forecast of $2.08. B. Riley has a “Buy” rating and a $245.00 price target on the stock. The consensus estimate for Reddit’s current full-year earnings is $1.12 per share. B. Riley also issued estimates for Reddit’s Q4 2025 earnings at $1.02 EPS, Q1 2026 earnings at $0.67 EPS, Q2 2026 earnings at $0.97 EPS, Q3 2026 earnings at $1.22 EPS, Q4 2026 earnings at $1.48 EPS, FY2027 earnings at $5.91 EPS, FY2028 earnings at $7.38 EPS and FY2029 earnings at $9.48 EPS.

RDDT has been the topic of several other reports. Roth Capital set a $210.00 price target on shares of Reddit in a research report on Friday. Morgan Stanley reiterated an “overweight” rating and issued a $250.00 price target on shares of Reddit in a research report on Friday. Truist Financial set a $270.00 price target on shares of Reddit in a research report on Friday. Sanford C. Bernstein boosted their price target on shares of Reddit from $190.00 to $210.00 and gave the stock a “market perform” rating in a research report on Friday. Finally, Wolfe Research upgraded shares of Reddit to an “outperform” rating in a research report on Sunday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $225.71.

Reddit Trading Up 7.6%

Shares of Reddit stock opened at $209.15 on Monday. The company’s 50-day moving average price is $223.88 and its two-hundred day moving average price is $171.31. Reddit has a 52 week low of $79.75 and a 52 week high of $282.95. The stock has a market cap of $39.14 billion, a PE ratio of 120.20, a price-to-earnings-growth ratio of 3.10 and a beta of 2.23.

Reddit (NYSE:RDDT) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.30. Reddit had a net margin of 18.33% and a return on equity of 15.55%. The business had revenue of $585.00 million during the quarter, compared to the consensus estimate of $546.65 million. During the same quarter in the prior year, the company posted $0.16 earnings per share. The company’s quarterly revenue was up 67.9% compared to the same quarter last year. Reddit has set its Q4 2025 guidance at EPS.

Institutional Investors Weigh In On Reddit

Several large investors have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Reddit by 6.3% in the 2nd quarter. Vanguard Group Inc. now owns 10,837,215 shares of the company’s stock valued at $1,631,759,000 after buying an additional 638,663 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of Reddit by 103.0% during the first quarter. Alliancebernstein L.P. now owns 5,659,990 shares of the company’s stock worth $593,733,000 after buying an additional 2,871,232 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Reddit by 10.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 4,073,939 shares of the company’s stock worth $427,357,000 after buying an additional 389,761 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Reddit by 7.5% during the second quarter. JPMorgan Chase & Co. now owns 2,051,175 shares of the company’s stock worth $308,846,000 after buying an additional 143,680 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of Reddit by 138.5% during the second quarter. State Street Corp now owns 2,030,139 shares of the company’s stock worth $305,678,000 after buying an additional 1,178,890 shares during the last quarter.

Insiders Place Their Bets

In other Reddit news, CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $200.53, for a total transaction of $3,609,540.00. Following the sale, the chief executive officer owned 494,104 shares in the company, valued at approximately $99,082,675.12. The trade was a 3.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CTO Christopher Brian Slowe sold 14,000 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $197.10, for a total value of $2,759,400.00. Following the sale, the chief technology officer owned 204,534 shares in the company, valued at approximately $40,313,651.40. The trade was a 6.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 419,626 shares of company stock worth $94,485,676. Company insiders own 34.25% of the company’s stock.

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.