RDDT

In the past six months, Reddit's stock (RDDT) has experienced several notable events and trends. The company went public on the New York Stock Exchange (NYSE) in March 2024. Despite strong financial performance, with Q2 2026 revenue increasing 61% year-over-year to $805 million and diluted EPS of $1.25, the stock experienced a significant decline following its July 30, 2026, earnings release. This drop, which reached as high as 21% in a single day, was primarily attributed to the Q3 2026 revenue guidance, which projected a deceleration in growth. Concerns over the quality of user growth and dependency on search traffic also contributed to negative sentiment. Reddit was set to join the Russell 3000 Index and later the S&P 500, with news of its S&P 500 inclusion in August 2026 causing its shares to rise. However, the stock has generally struggled, with its price decreasing by 39.63% over the last 12 months and a year-to-date return of -32.40% as of September 22, 2026. Insider selling, such as COO Jennifer Wong's sale of 60,000 shares in September 2026, also impacted the stock price. Analysts have a "Moderate Buy" consensus rating with an average price target of $213.12, implying potential upside.