RDDT → $425.00 by Jun 15, 2027.

For full-year 2026, this fiscal year, Reddit is projected to have **$1.02 billion in net income** and **$3.23 billion** in revenue. Let’s strip out the current AI deal of **$100 million** and assume a **30% tax rate**. That would bring net income to about **$995** million, giving them margins of **32.5%.** Let’s say growth slows down to **45% (Which I don't think it will)**, which is well below what they are currently growing at. That would bring revenue up to …