---
title: "Reddit Q3 Earnings Preview: Stock Down 52% From All-Time Highs, Could Record Revenue Rally Shares?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303443389.md"
description: "Reddit (NYSE: RDDT) is set to report Q3 earnings after market close, with analysts expecting revenue of $878.01 million and EPS of $1.35. The company has beaten estimates in all 10 quarters since its IPO. Key focus areas include record revenue potential, AI-related contract growth, and user engagement metrics. Despite a 52% drop from all-time highs, analyst ratings remain largely positive, though price targets vary."
datetime: "2026-10-28T19:17:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303443389.md)
  - [en](https://longbridge.com/en/news/303443389.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303443389.md)
generator: "portal-rs"
---

# Reddit Q3 Earnings Preview: Stock Down 52% From All-Time Highs, Could Record Revenue Rally Shares?

**Reddit Inc** (NYSE:RDDT) looks to continue a streak of beating analyst estimates since going public when the company reports third-quarter financial results Thursday after market close.

Here are the earnings estimates, analyst ratings and key items to watch.

## Reddit Q3 Earnings Estimates

Analysts expect Reddit to report third-quarter revenue of $878.01 million, up from $585 million in last year’s third quarter, according to data from Benzinga Pro.

The company has beaten analyst revenue estimates in all 10 quarters since going public.

The revenue estimate would break the company’s quarter record of $804.9 million set in the second quarter.

Analysts expect Reddit to report earnings of $1.35 per share, up from 80 cents per share last year.

The company has beaten analyst estimates for earnings per share in all 10 quarters since going public.

 **Read Also: Two Diner Booths Launched Nvidia and Reddit. Both Now Have Plaques** 

## Reddit Analyst Ratings

Here are some of the latest analyst ratings on Reddit stock and their price targets:

-   Needham: Maintained Buy rating with a price target of $300
-   DA Davidson: Maintained Buy rating, lowered price target from $200 to $185

## Key Items to Watch

Since going public, Reddit has consistently beaten analyst estimates for revenue and earnings per share and shown record AI-related revenue.

Analysts will be looking for record revenue and strong commentary on AI contracted revenue as the company could see threats on contract renewals and from competition.

Reddit posted growth in daily active uniques and weekly active uniques in the second quarter. Along with its streak of beating analyst estimates, the company also put its eight-quarter streak of 60% or more revenue growth on the line. 

## Reddit Stock Price Action

Reddit stock is down 0.2% on Wednesday to $136.15 versus a 52-week trading range of $119.27 to $263.50. Reddit shares are down 4.9% over the last month and down 43.7% year-to-date in 2026.

 **Read Also: EXCLUSIVE: Reddit Is Powering The World's AI Models — And Its Google, OpenAI Deals May Only Be The Start** 

*Photo: JarTee / Shutterstock*

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## Related News & Research

- [Reddit (RDDT) Is Losing Traffic to Google, but Its Business Is Holding Up](https://longbridge.com/en/news/304124641.md)
- [Reddit Analysts Slash Their Forecasts Following Q3 Earnings](https://longbridge.com/en/news/303752208.md)
- [Reddit Director Mary Porter Gale Reports Sale of $588,000 in Common Shares](https://longbridge.com/en/news/304545763.md)
- [Reddit Warns Search Traffic Decline Could Pressure Fourth-Quarter User Growth](https://longbridge.com/en/news/303743263.md)
- [Reddit Analysts Cut Price Targets After Q3 Print, October Search Referrals Down Over 1 Million Per Week](https://longbridge.com/en/news/303782703.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**