Here’s How Reddit Gets to $300 Per Share in 2026

Reddit (NYSE: RDDT) has delivered a stunning 2025 performance. Shares person surged twelvemonth to date, marking 1 of the strongest debuts successful caller tech IPO history. The societal media level turned profitable successful spectacular fashion, posting $163 cardinal successful nett income successful Q3 2025 aft losing $484 cardinal for the afloat twelvemonth 2024. With momentum gathering and fundamentals improving, investors are asking however precocious shares tin climb.

Analysts stay bullish connected Reddit's prospects, with a statement terms people of $242. That implies humble 2% upside from existent levels astir $238, but the Street's optimism is grounded successful explosive growth. Wall Street expects gross to proceed accelerating, driven by the platform's 116 cardinal regular progressive users crossed 100,000+ communities. As CEO Steve Huffman noted successful the caller net call, "Reddit provides thing uncommon connected the Internet. 444 cardinal radical travel present each week for authentic conversations they can't find anyplace else."

Reddit delivered 68% gross maturation successful Q3, hitting $585 cardinal versus the $549 cardinal consensus. The institution bushed connected net too, posting $0.80 per stock against expectations of $0.52. Advertising gross jumped 74% twelvemonth implicit twelvemonth to $549 million, portion gross margins expanded to 91%. With 18 of 29 analysts standing the banal Buy oregon Strong Buy, the Street believes this maturation trajectory has legs.

At today's terms of $238, Reddit trades astatine astir 69x guardant earnings. If shares deed $300, they would commercialized astatine astir 87x guardant earnings. That's expensive, adjacent for a high-growth stock. But Reddit is increasing gross astatine 68% annually portion achieving profitability for the archetypal time. The institution generated $183 cardinal successful escaped currency travel past quarter, up 158% twelvemonth implicit year.

What could propulsion Reddit to $300? Several catalysts basal out:

• Continued net beats: Reddit crushed Q3 expectations and guided Q4 gross to $655-665 million, suggesting momentum remains strong.

• S&P 500 inclusion speculation: Reddit discussions connected investing forums hint astatine imaginable scale addition, which would unit billions successful passive inflows.

• User maturation acceleration: Daily progressive users grew 19% twelvemonth implicit year. Faster idiosyncratic acquisition would thrust advertizing gross higher.

• Margin expansion: With 91% gross margins and minimal debt, Reddit has country to leverage its level economics arsenic it scales.

• Broader marketplace support: If the Nasdaq repeats its 2025 show successful 2026, high-growth stocks similar Reddit volition payment from risk-on sentiment.