Reddit is set to report fourth-quarter earnings after the market closes Wednesday, with analysts expecting growing revenue and users. The stock has soared nearly sevenfold from its IPO price in March 2024. https://www.investopedia.com/what-analysts-think-of-reddit-stock-ahead-of-earnings-8789241

The social media company is expected to report revenue of $408.92 million, up 64% year-over-year, and earnings of $47.6 million, sharply higher from Reddit's $18.53 million in the year-ago quarter. Analysts project 103.24 million daily active users, up from 73.10 million a year ago.

Of the 11 analysts who follow Reddit and are tracked by Visible Alpha, eight have a “buy” or equivalent rating for Reddit stock, compared with three “hold” ratings.