Company Performance - Reddit Inc. ended the recent trading session at $148.13, showing a +1.39% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.07% [1] - Over the past month, shares of Reddit Inc. have appreciated by 3.12%, underperforming the Computer and Technology sector's gain of 8.22% and the S&P 500's gain of 5.71% [1] Upcoming Earnings - Reddit Inc. is set to disclose its earnings on July 31, 2025, with analysts expecting earnings of $0.19 per share, representing a year-over-year growth of 416.67% [2] - The consensus estimate for revenue is $426.49 million, indicating a 51.68% increase compared to the same quarter of the previous year [2] Annual Estimates - For the annual period, Zacks Consensus Estimates anticipate earnings of $1.21 per share and revenue of $1.85 billion, signifying shifts of +136.34% and +41.98%, respectively, from the last year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Reddit Inc. reflect evolving short-term business trends, with upward revisions indicating analysts' positivity towards the company's operations and profit generation [4] Zacks Rank and Valuation - Reddit Inc. currently holds a Zacks Rank of 3 (Hold), with no change in the Zacks Consensus EPS estimate over the past month [6] - The company has a Forward P/E ratio of 121.1, which is a premium compared to the industry average Forward P/E of 29.49 [7] - Reddit Inc. has a PEG ratio of 3.75, compared to the Internet - Software industry's average PEG ratio of 2.22 [7] Industry Overview - The Internet - Software industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 73, placing it within the top 30% of over 250 industries [8]
Reddit Inc. (RDDT) Rises Higher Than Market: Key Facts