Reddit (RDDT) is scheduled to release its third-quarter 2026 results on Oct. 29, 2026. Management expects revenue of $860 million to $870 million, a midpoint implying about 48% year-over-year growth, while the Zacks Consensus Estimate is $886.35 million (up 51.54%) and EPS of $1.30 (up 62.50%). Drivers cited include strong advertising demand, active advertisers up more than 70%, growth in the AI ad automation platform Reddit Max, and international revenue up 84% in the second quarter. Risks include volatility in search referral traffic amid AI-powered search summaries, along with higher spending on AI, product development and marketing. RDDT shares are down 39.8% year to date, versus a 14% gain for the Zacks Computer & Technology sector, and trade at a forward 12-month Price/Sales of 6.18X, above the Internet - Software industry's 4.12X.
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