Reddit RDDT

Reddit has reported an impressive 69% year-over-year revenue growth in Q1 2026, achieving $663 million, primarily driven by a surge in advertising revenue. The company has initiated a $1 billion share repurchase program and forecasts continued growth with expected revenues between $715 million to $725 million for Q2 2026. Despite recent volatility in stock prices, as fears linger about steady revenue growth and competition, investors remain cautiously optimistic due to the platform's strong user engagement and advancements in AI-driven advertising tools.