Reddit shares jump as AI ad tools boost revenue outlook

洞察:
Reddit, Inc. announced on February 5, 2026, that it expects first-quarter revenue to range between $595 million and $605 million, a forecast that exceeds the average analyst estimate of $577.2 million compiled by LSEG. Alongside the optimistic revenue guidance, the company authorized a share repurchase program of up to $1 billion. These announcements, which indicate a measurable shift in the company’s revenue and profitability profile, triggered a roughly 10% rise in the shares of Reddit, Inc. during extended trading.
Reddit's logo is displayed at the New York Stock Exchange (NYSE) in New York City, U.S., on March 21, 2024. REUTERS/Brendan McDermid
Reddit's logo is displayed at the New York Stock Exchange (NYSE) in New York City, U.S., on March 21, 2024. REUTERS/Brendan McDermid
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