Buy RDDT by Dec 18, 2026.

Reddit entered Q3 with **Q2 ad revenue up 64% YoY to $762M**, while total revenue grew **61% to $805M**. [Reddit Q2 earnings](https://investor.redditinc.com/news-events/news-releases/news/details/2026/Reddit-Reports-Second-Quarter-2026-Results/default.aspx) **July:** Piper Sandler raised its Q3 Reddit ad-spend estimate by **230 bps** after July advertising data came in stronger than expected; users also ended July about **5% above the beginning of the month**. [July data](https://ca.investing.com/news/stock-market-news/piper-sandler-raises-reddit-stock-ad-spending-outlook-on-july-strength-93CH-4801657) **August:** Average users jumped **8% MoM**, Reddit's strongest monthly increase of 2026, while total audience growth accelerated to **18% YoY from 12.8% in …