What is Roth Capital’s Estimate for Reddit Q1 Earnings?

Reddit, Inc. (NYSE:RDDT) – Roth Capital issued their Q1 2026 earnings per share (EPS) estimates for shares of Reddit in a note issued to investors on Monday, April 28th. Roth Capital analyst R. Kulkarni anticipates that the company will post earnings of $0.11 per share for the quarter. Roth Capital currently has a “Hold” rating on the stock. The consensus estimate for Reddit’s current full-year earnings is $1.12 per share. Roth Capital also issued estimates for Reddit’s Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.43 EPS and Q4 2026 earnings at $0.68 EPS.

Reddit (NYSE:RDDT) last released its earnings results on Wednesday, February 12th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.12. Reddit had a negative return on equity of 24.71% and a negative net margin of 37.25%.

Several other research analysts have also recently weighed in on the stock. Raymond James lowered their price target on shares of Reddit from $250.00 to $200.00 and set a “strong-buy” rating on the stock in a report on Wednesday, March 12th. Redburn Atlantic initiated coverage on shares of Reddit in a report on Monday, March 17th. They set a “sell” rating and a $75.00 price target on the stock. Needham & Company LLC reissued a “buy” rating and set a $220.00 target price on shares of Reddit in a research note on Friday, March 21st. Wells Fargo & Company reduced their price objective on shares of Reddit from $215.00 to $158.00 and set an “overweight” rating for the company in a research report on Monday, March 31st. Finally, The Goldman Sachs Group lowered their target price on Reddit from $185.00 to $124.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $142.22.

Reddit Stock Performance

Shares of NYSE RDDT opened at $121.16 on Tuesday. The stock has a market capitalization of $21.92 billion and a PE ratio of -15.67. Reddit has a 52 week low of $44.15 and a 52 week high of $230.41. The stock has a 50 day moving average price of $120.74 and a 200 day moving average price of $142.98.

Hedge Funds Weigh In On Reddit

A number of hedge funds have recently modified their holdings of the business. Plato Investment Management Ltd acquired a new stake in shares of Reddit in the 4th quarter worth $27,000. EverSource Wealth Advisors LLC purchased a new position in shares of Reddit in the fourth quarter valued at $28,000. Ridgewood Investments LLC raised its position in Reddit by 100.0% during the fourth quarter. Ridgewood Investments LLC now owns 200 shares of the company’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in Reddit in the 4th quarter valued at approximately $33,000. Finally, Bogart Wealth LLC acquired a new position in Reddit in the 4th quarter valued at about $33,000.

Insider Activity at Reddit

In other Reddit news, CEO Steve Ladd Huffman sold 14,000 shares of the stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $201.96, for a total transaction of $2,827,440.00. Following the sale, the chief executive officer now directly owns 614,394 shares in the company, valued at $124,083,012.24. This represents a 2.23 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Jennifer L. Wong sold 33,333 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $187.72, for a total transaction of $6,257,270.76. Following the sale, the chief operating officer now owns 1,504,297 shares in the company, valued at $282,386,632.84. The trade was a 2.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 725,270 shares of company stock valued at $97,067,425.

Reddit Company Profile

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.