Key insights
- Analyst updates for Reddit (RDDT) show a consensus FY2026 EPS estimate of $6.77. Applying a 45x P/E multiple suggests a price target of $304, indicating significant upside potential. Given Reddit's history of beating EPS estimates, this could be a bullish signal for the stock, though the target is over a year out.
Stock Analysis updated its FY2026 RDDT EPS estimate to $7.02. Stock Analysis uses consensus estimates from S&P Global, a top-3 institutional market-data provider alongside Bloomberg and the London stock exchange group.
Finviz updated its FY2026 RDDT EPS estimate to $6.51. Finviz aggregates estimates from exchanges and institutional data providers.
The average of the 2 is $6.77. Applying a 45x P/E multiple (midpoint of 40-50) implies a price target of $304 (+76% from the current price) by the end of FY2026, which Reddit reports around 2027-02-03 (less than 8 months from now).
Reddit tends to beat EPS estimates.