Reddit (RDDT) Stock: Q1 Earnings Preview Shows Mixed Signals for Investors Reddit’s shares have faced significant pressure in 2026, declining 36% year-to-date despite a 326% surge since its March 2024 initial public offering at $34 per share. The social media platform is set to report its Q1 earnings after market close on Thursday, with analysts projecting revenue of $608 million and adjusted earnings per share of $0.57. These estimates, based on FactSet data, reflect a moderation from the 61.5% revenue growth Reddit achieved in the same period the previous year. The company’s previous quarterly report had exceeded expectations, with revenue reaching $725.6 million—a 69.7% year-over-year increase—and stronger-than-anticipated EBITDA performance. However, analysts are now anticipating a slowdown in growth for the current quarter, with revenue expansion expected to rise approximately 55% compared to the year-ago period. This marks a deceleration from the previous year’s 61.5% growth rate. Daily active user (DAU) metrics are under close scrutiny, as the company’s DAUs grew 9.4% year-over-year to 52.5 million in its last reported quarter. For Q1, analysts project global DAU growth of 16%, a notable slowdown from the 30.7% expansion recorded in the same period last year. This deceleration has raised concerns, particularly as artificial intelligence-driven platforms like ChatGPT and Google AI Overviews offer users alternative ways to access information without engaging directly with Reddit. Despite the DAU slowdown, ad revenue remains a bright spot. Analysts project Q1 advertising revenue of $567 million, representing a 58% year-over-year increase.#reddit #jefferies #factset #d_a_davidson #coursera
