Reddit reported Q4 2025 revenue of $725.6 million. This figure represents a 69.65% increase year-over-year. Robust advertising revenue and user engagement growth drove the earnings beat.

The company authorized a $1 billion share repurchase program. Management also issued positive forward guidance.

Shares pulled back sharply following the earnings release. Market participants identified technical support between $127 and $134.

Insider purchases and institutional buying indicate continued optimism. Analysts reiterated buy ratings, with Needham setting a $300 price target. Current price targets range from $170 to $300, with a median of $245.