Why is RDDT stock down?

RDDT fell 13.7% over five trading days, closing at $129.6 on Oct. 29, 2026. The first question after a drop like this is whether the issue lies with the company or with its entire peer group.

To answer that, we compare RDDT with its closest peers. We also review the calendar for earnings and Fed dates. Finally, we examine Reddit, Inc.'s latest SEC filings and insider trades.

The chart below tracks RDDT's daily closing price from May 5, 2026 to Oct. 29, 2026. The stock fell 24.5% over that span, dropping from $171.63 to $129.60. It reached a high of $203.27 on July 14, 2026, and a low of $129.60 on Oct. 29, 2026. Red circles mark weeks when insiders sold shares on the open market. There were 14 such weeks, and larger circles mean more money changed hands. No green diamonds appear: no insider bought on the open market during this window.

What could be behind the RDDT move

Earnings are due on Oct. 29, 2026, in 0 days. Stocks often move ahead of reports.

The broader market shows a calm uptrend, with the VIX volatility index at 16.91. The Federal Reserve's next rate decision falls on Dec. 9, 2026, 41 days away. Market pricing puts the odds at 24% for a hold, 76% for a hike and 1% for a cut.

Also worth knowing about RDDT

Live RDDT data, updated every 30 minutes: RDDT insider trades, ownership and filings →

In Reddit, Inc.'s own words

“Our business is growing because the Reddit experience captures the human experience in a way that no other platform can replicate”

— Steve Huffman, Founder and CEO of Reddit · SEC filing

From the company's earnings release filed with the SEC on 2026-10-29 (Form 8-K).

What would change the picture for RDDT

These are the specific events and levels to watch. None of them amounts to a prediction.

• The Oct. 29, 2026 earnings report is 0 days away. Reddit, Inc. beat estimates in all 4 of the last 4 quarters, with an average surprise of +32.8%. A miss would break that pattern.
• Insider buying on the open market: none in 90 days. A purchase by an executive or director would be the first in at least three months. It would appear on SEC Form 4 within two business days.
• Analyst ratings: the average score moved from 3.89 to 3.89 over three months (on a scale where 5 is strong buy and 1 is strong sell). A run of downgrades after earnings usually shows up here first.
• Price levels: a close above $258.93 would mark a new 52-week high, 99.8% above the latest close of $129.6. A close below $121.84 would mark a new 52-week low, 6.0% below that level.
• Growth: revenue rose 66.6% year over year in the quarter ending Jun 2026, though the trend is slowing. At a P/E of 30.1, a slowdown would matter more than it would at a lower multiple.
• New shares: dilution risk is low for now. A new shelf registration (S-3) or prospectus supplement (424B) for an offering would raise that risk.

RDDT history: what happened after similar moves

Since 2024, RDDT fell 9.0% or more in a month 13 times (separate episodes, not counting the current one). Three months later it was higher in 7 of 12 cases; the median change was +16.5%.

Past moves don't predict the next one; they show how volatile the stock has been.

Questions people also ask

What is RDDT's 52-week high and low?

Over the past year, RDDT closed as high as $258.93 and as low as $121.84. At $129.6 on Oct. 29, 2026, the stock sits 49.9% below the high and 6.4% above the low.

Do analysts think RDDT is a buy?

Of the 38 analysts covering Reddit, Inc., 26 rate it a buy or strong buy, giving a consensus of Buy. Ratings reflect analysts' views, not a guarantee, and they can change after earnings.

Does RDDT pay a dividend?

Over the last 12 months, Reddit, Inc. reported no dividend payments in its SEC filings.

Is Reddit, Inc. profitable?

Yes. Reddit, Inc. generated $2.8 billion of revenue over the last 12 months, with a net margin of 31.3% and a P/E of 30.1.

When does Reddit, Inc. report earnings next?

The next report is expected on Oct. 29, 2026, 0 days from now. Reddit, Inc. beat the average estimate in all 4 of the last 4 reports.

Who is the largest shareholder of RDDT?

Among investment managers that file Form 13F, BlackRock Inc. reported the largest RDDT position, at $1.4 billion. A total of 892 institutions reported holding RDDT for Q2 2026.

Dates to watch for RDDT

Insider trades can come any day: they must be filed on Form 4 within two business days.

Key terms on this page

P/E ratio

Price divided by the last 12 months of earnings per share. A P/E of 20 means investors pay $20 for each $1 of yearly profit. It is only defined when the company is profitable.

Form 4

The SEC form a company's officers, directors and 10% owners must file within two business days of buying or selling its stock.

Open-market trade

A purchase or sale on the exchange at the market price, paid with the insider's own money (code P or S on Form 4), as opposed to option exercises, grants or gifts.

Form 13F

A quarterly SEC report listing the U.S. stock holdings of every investment manager with more than $100 million. It is due 45 days after each quarter ends, so it shows positions with a delay.

Dilution

When a company issues new shares, each existing share owns a smaller piece of the company. Common sources: stock offerings, convertible debt and large stock-based pay.

Form 8-K

The SEC form for material events between quarterly reports: earnings releases, deals, executive changes, stock offerings and similar news.

52-week high / low

The highest and lowest daily closing price over the past year (about 252 trading days).

Where these numbers come from

Every number on this page is computed from the data when the page is refreshed (usually daily); nothing is typed in by hand. This is information, not investment advice.

• Price: daily closing prices run through Oct. 29, 2026. Changes use 5, 21 and 63 trading days. The 52-week range uses the last 252 closes.
• Insider trades: SEC Form 4 filings for the last 90 days, counting only open-market purchases (code P) and sales (code S); option exercises, grants, gifts and filings with data errors are left out.
• Analyst ratings: current ratings from 38 analysts, compared with three months ago.
• Earnings dates and estimates: a market-data calendar shows reported versus expected EPS for the last 4 quarters.
• Valuation and growth: revenue, earnings, margins and share counts come from the company's SEC filings, using XBRL data for the latest quarter, Jun 2026. P/E and price/sales use the latest close.
• Fund ownership: SEC Form 13F filings cover Q2 2026.
• Dilution: share-count changes and offering-related SEC filings, including shelf registrations, prospectus supplements and convertible notes, are tracked over two years and scored 0-100.
• History: 21-trading-day moves across about three years of daily closes, counted once per episode.