Reddit trades at 26.5 times adjusted earnings for the twelve months to June 30, 2026, falling to 22.3 times on analyst forecasts for fiscal 2027. That valuation assumes rapid growth: consensus sees fiscal 2026 sales of $3.39 billion and a further 32.5% rise in fiscal 2027, with net income up 22.8%. Sales grew 66.6% over the past twelve months, mostly from advertising, but growth is slowing and management expects 47% to 49% in fiscal Q3 2026. The article warns the forecast could slip if the net margin falls from the 32.3% projected for fiscal 2026 (reported 31.3%) or if weaker search traffic reduces ad impressions. If forecasts are met, the $155.65 stock price looks fairly priced, but a shortfall would make it a riskier bet.
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Related tickers and likely impact
GOOGL
• NeutralAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.3T |
| Close on 10/20/2026 | 340.28 |
| Change that session | -1.13% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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