Reddit is expected to report Q2 2026 revenue of $730.96 million and EPS of $0.99, with the stock currently trading at $179.10 compared to an average analyst price target of $232.48.
Investors are primarily focused on the high-stakes standoff regarding Reddit’s content licensing deal with Google for AI training, which has recently caused significant share price volatility. Despite these licensing concerns, fundamental performance remains strong as advertising revenue surged 74% in the previous quarter while adjusted EBITDA margins expanded. Analysts are also monitoring the company's progress toward its goal of doubling its United States daily active user base through machine-learning-driven feed personalization.