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Reddit Inc. (RDDT) reported a significant advertising revenue increase of 84% to $465 million during Q2 2025, driven by a 50% rise in active advertisers and a 47% increase in average revenue per user (ARPU), pushing the Q2 sales up over 77% to $499.63 million. The company is projected to continue this upward momentum, with forecasts expecting nearly 58% growth in Q3 sales to approximately $549.69 million compared to the prior year.
Reddit achieved its first profitable quarter in Q2 2025, with an adjusted net income of $89 million, compared to a loss of $10 million in Q2 2024. The platform’s user base also grew, with international daily active users increasing 32% to 60.1 million, contributing to a 70% surge in global revenue.
Analysts project that Reddit will achieve an annual net profit exceeding $150 million in 2025, a significant turnaround from a $484 million loss in 2024. The average price target for RDDT shares stands at $223.72, with some analysts forecasting potential highs of $300 and $290, reflecting strong growth prospects.
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