Reddit (RDDT) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $1.25
- Estimate
- $0.96
- Surprise
- +29.6%
- Revenue (period 2026-06-30)
- $804.9M
- Score at report (before → after)
- 7.0 → 7.0/10
Revenue source: xbrl.
How the report landed
Reddit (RDDT) beat the $0.96 estimate with adjusted EPS of $1.25 — a large 29.6% upside surprise. TrendMatrix's engine moved from Data Issue (7.0/10) to Buy (Wait) at 7.0/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates RDDT Buy (Wait) at 6.6/10.
4 of the last 4 quarters beat the estimate; this quarter's +29.6% surprise compares with a +23.2% four-quarter average. Next scheduled report: 2026-10-29.
What supports the rating
- V7 flight-to-quality bonus: +0.5 (Q=8.9 in RISK_OFF)
- High-quality business
What argues against it
- Sector modifier (Communication Services): -0.8
- Negative momentum
- Below 200-MA, MA slope -7.3%/30d (confirmed downtrend)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $128.63
- Entry target
- $121.00
- Price target
- $195.92
- Stop
- $112.53
- Upside to target
- +52.3%
- Reward-to-risk
- 4.1:1
The stock trades at 31.3× trailing but 13.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 21 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
RDDT at TrendMatrix's latest read
Communication and media names are subscriber-economics stories; engagement and ARPU trends behind the print drive the reaction.
- Industry
- Internet Content & Information
- Market cap
- $25.92B
- P/E (fwd)
- 13.9
- P/E (ttm)
- 31.3
- 52-week range
- $119.27–$263.50
- Off 52-week high
- 51.2%
- RSI (14)
- 21
- Volume vs avg
- 0.23×
- Score today
- 6.6/10