Did You Miss Reddit’s 33% Rally—Or Are You Just Getting Started?

RDDT has been on fire—rising 3 days straight since earnings and up over 33% in just a week! It’s still got room to climb before retesting its all-time high.

WallStreetBets fam, did you ride the wave?

🎉 Huge congrats to @anyhowly for earning $1,070 returns by selling $Reddit(RDDT)$ PUT.

🎉 Huge congrats to @pinksocks for securing 97.89% returns selling $Reddit(RDDT)$ PUT.

Reddit smashed Q2 expectations:

Revenue: $500M vs. $426M est. (+17%)
EPS: $0.45 vs. $0.19 est.
Ad revenue: +84% YoY
ARPU: +47% YoY to $4.53

Strong ad pricing and growing impressions drove the beat. As CFO Andrew Vollero put it:
"We're delivering real value for advertisers—and pricing tailwinds are accelerating."

Reddit is leaning into what works: authenticity. In a world tired of celebrity ads, Reddit is doubling down on user-generated content and community trust.

Can Reddit Compete with the Giants?

Reddit is still tiny next to the giants—and pricey. At 20x sales, it has a lot to prove. Analysts estimate it’ll need ~$1B in annual profits to justify a $35B valuation. Right now? Still far off, despite a solid $89M Q2 profit.

What to Watch Going Forward:

User Growth: +21% YoY but slowing QoQ
Ad Monetization: Strong momentum, but can it scale profitably?
Operating Leverage: Meta did it—can Reddit follow?

Why Reddit’s Still Special:

Communities built on passion, not just friend lists
Real conversations, not noise
A format that’s tough to replicate

Technically, RDDT is trending well above the S&P 500, with clear upward momentum and room to run before the next resistance.

📊 This earnings season has shown one thing:
Stocks that lacked momentum during past dips are bouncing back hard on surprise beats.

What other earnings plays are you watching?

Any strategies you’re using this season?

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