Reddit has beaten EPS and revenue estimates every quarter; last quarter beat by a third; revenue up 70% YoY; trading at similar price to a year ago when unprofitable. This mispricing creates an opportunity ahead of earnings where the market may re-rate RDDT upward on another beat, especially as AI demand for quality data grows. Long RDDT with shares and calls, backed by strong fundamental trends and a clear catalyst (earnings tomorrow). Earnings miss (hedged via Polymarket but low probability), continued misinterpretation of stock-based comp, or macro selloff.
Reddit has beaten EPS and revenue estimates every quarter; last quarter beat by a third; revenue up 70% YoY; trading at similar price to a year ago when unprofitable. This mispricing creates an opportunity ahead of earnings where the market may re-rate RDDT upward on another beat, especially as AI demand for quality data grows. Long RDDT with shares and calls, backed by strong fundamental trends and a clear catalyst (earnings tomorrow). Earnings miss (hedged via Polymarket but low probability), continued misinterpretation of stock-based comp, or macro selloff.