Close Menu
    Wall Street

    RDDT down from 260 to 150 in past 2 to 3 weeks. earnings tomorrow thoughts ?

    reddit is down drastically in past 2 to 3 weeks. Daily RSI is now in 20s indicating oversold territory. RDDT is one of top picks by WSB community for 2026 and with earnings tomorrow. When i look at reddit at 260 and 150 now fundamentally nothing has changed.

    I remeber 2 quarters ago Reddit was 155 and it pumped all the way to 190 in AH. Will it repeat history

    what are your thoughts?

    RDDT down from 260 to 150 in past 2 to 3 weeks. earnings tomorrow thoughts ?
    byu/AloneStaff5051 inwallstreetbets



    Posted by AloneStaff5051

    40 Comments

    2. Totallycomputername on

      Seems like everything else is going down no matter the earnings so I dont have much confidence rddt will be any better. 

    5. MinutePristine1047 on

      honestly the whole market’s been getting wrecked lately so rddt dropping with everything else isn’t that shocking. your right that fundamentally nothing changed – user growth still solid, ad revenue trending up, and they’re finally monetizing better

      the rsi being oversold is definitely interesting timing with earnings tomorrow. if they beat on revenue and give decent guidance this could bounce hard, especially since expectations are probably pretty low after this selloff. might grab some calls before close but not going too heavy since earnings are always a coin flip

    11. vt2k on

      Not sure what’s fully caused the dip, but Australia, France, and a few other countries instituting social media bans for younger kids (15 and down) appears to be hurting investor confidence

    12. Consistent-Alarm3496 on

      The tech advertising earnings have been good (META, GOOG), it’s just the companies affected by the memory shortages that are getting hammered (AMD, QUAL).

      So if RDDT has good results, eventually Wall Street will understand that RDDT is very different from AMD and MSFT.

      Also, the ads, at least on my feed, have gotten way better. If that is consistent for others, maybe RDDT can finally start delivering on its massive potential.

      We will know tomorrow

    13. FLman42069 on

      I mean its a platform that gets shittier by the day. Yes, there’s high traffic and ad revenue but Reddit could literally be replaced overnight if something better comes along

    19. rocketMoonApe on

      If it Beats earnings it will drop. If it misses earnings and t will go up. The market is regarded right now

    21. Professional_councel on

      Yet another example of the waste of words. The “nothing has changed” argument applies to every up or down movement of any stock. In almost every case, you can say, “nothing has changed.”
      This is just one more example.

      And furthermore, it’s proof of the tremendous manipulation of those who want to go long in a public market.

    22. free_da_guys1107 on

      I would never invest in reddit because of the mods. They will surely be the downfall of this app.

    29. ubuntuNinja on

      It’s only a matter of time before Reddit is tied to an assassination or terrorist attack and gets put under heavy investigation. I wouldn’t touch it with my 10 foot pole.

    33. EconomixTwist on

      OP is a bot but I’ll answer anyway (this fact proves my point that follows)

      Have you been on Reddit the past year? It’s all bots. 95% of posts are Chet GPT offering useless takes, posts phrased as unopinionated questions (like this post) all with the objective of engagement farming to sell them as warm accounts in two years. Reddit and its stock should be, and is, fucking cooked in this regard.

      Price target: actually tree fuckin fiddy 

    38. early-retirement-plz on

      My thoughts are if you fail to go long before earnings is reported, you’re going to miss out on a biblical pump. This drop was initiated back at 250/share only two weeks ago from an RBC analyst cucklord named Brad Erikson who “interviewed” nameless small/medium businesses who may or may not have experienced “challenges” with ad conversion. So basically Brad reached out to John’s Dildo dropshipping who was salty his 75 dollars in ad spend didn’t attract a large customer base. Since then it’s been in an unmitigated free fall. Tomorrow the narrative changes.

    Leave A Reply
    Share via