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Reddit (RDDT): A Buy Ahead Of Earnings, Or Is The Selloff Justified?
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Reddit and Google signed a $60 million-a-year licensing agreement in 2024, letting Google train its AI models on Reddit’s content.
What Could Go WrongReddit guided to 43%-45% revenue growth for the quarter, but Wall Street consensus sits near 47%-49%.
The year-ago quarter was already an inflection point, with total revenue growth near 78%, making this one of the hardest comps of the year.
The company posted solid revenue growth and profitability, while the closely watched metric of logged-in user growth was somewhat disappointing.
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