AENT

Alliance Entertainment Holding Corporation

44
Fundamentals35/ 100
Valuation49/ 100
Upside potential57/ 100
Risk potential49/ 100

AENT trails on the overall score without a compensating advantage in the available component scores.

RDDT

Reddit, Inc.

70
Fundamentals88/ 100
Valuation50/ 100
Upside potential65/ 100
Risk potential41/ 100

RDDT has the edge over AENT overall, supported by stronger fundamentals and stronger modeled upside.

AENT Fundamentals

MetricStatus
Weak
Stable
Under pressure
Weak

AENT's profitability is currently stable, but its revenue, cash flow and balance sheet are under pressure.

RDDT Fundamentals

MetricStatus
Healthy
Strong
Strong
Strong

RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.

AENT PE Valuation

CHEAPFAIREXPENSIVE15x30x44x59x
CHEAPFAIREXPENSIVE15x30x44x59x
LevelPEPriceVs current
Cheap13x$4.13-21%
Current17x$5.20—
Fair19x$6.03+16%
Expensive30x$9.28+78%

Historical ranges are pointers, not guarantees.

AENT's PE is in its cheap range at 17x.

RDDT PE Valuation

CHEAPFAIREXPENSIVE16x33x49x65x
CHEAPFAIREXPENSIVE16x33x49x65x
LevelPEPriceVs current
Forward16x$99.55—
Current20x$99.55—
Cheap35x$171+72%
Fair46x$228+129%
Expensive53x$262+163%

Historical ranges are pointers, not guarantees.

RDDT has the edge over AENT in the historical PE scenario, which offers more potential upside but is not a forecast.

AENT Forward outlook

There aren't enough analyst estimates for AENT to show an outlook.

RDDT Forward outlook

MetricOutlook
Strongly improving
Strong growth
Strong growth
Strongly improving
Moderate
Low

Analysts expect strong earnings and revenue growth for RDDT, with profitability improving. However, they disagree widely on these estimates.

AENT Risk to reward

ScenarioChangePrice
Upside+64%$8.51
Downside-49%$2.65

Calculated from the latest close: $5.20 on Nov 12.

AENT trails RDDT on modeled risk to reward, with less potential upside and more potential downside.

RDDT Risk to reward

ScenarioChangePrice
Upside+77%$175.99
Downside-41%$58.49

Calculated from the latest close: $99.55 on Nov 12.

RDDT has a better modeled risk to reward balance than AENT, with more potential upside and less potential downside.

AENT Earnings Per Share

Q4 2023: $-0.15Q1 2024: $-0.06Q2 2024: $0.09Q3 2024: $0.17Q4 2024: $0.13Q1 2025: $0.24Q2 2025: $0.30Q3 2025: $0.39Q4 2025: $0.43Q1 2026: $0.44Q2 2026: $0.26Q3 2026: $0.31
Q4 2023: $-0.15Q1 2024: $-0.06Q2 2024: $0.09Q3 2024: $0.17Q4 2024: $0.13Q1 2025: $0.24Q2 2025: $0.30Q3 2025: $0.39Q4 2025: $0.43Q1 2026: $0.44Q2 2026: $0.26Q3 2026: $0.31
QuarterTTM EPSYoY
Q3 2026$0.31-21%
Q2 2026$0.26-13%
Q1 2026$0.44+83%
Q4 2025$0.43+231%
Q3 2025$0.39+129%
Q2 2025$0.30+233%
Q1 2025$0.24+$0.30
Q4 2024$0.13+$0.28

AENT has the stronger earnings trend. Trailing diluted EPS is down 21% for AENT versus RDDT down 39%.

RDDT Earnings Per Share

Q4 2023: $-0.56Q1 2024: $-8.38Q2 2024: $-8.19Q3 2024: $-7.98Q4 2025: $2.62Q1 2026: $3.50Q2 2026: $4.30Q3 2026: $4.90Forward: $6.32
Q4 2023: $-0.56Q1 2024: $-8.38Q2 2024: $-8.19Q3 2024: $-7.98Q4 2025: $2.62Q1 2026: $3.50Q2 2026: $4.30Q3 2026: $4.90Forward: $6.32
QuarterTTM EPSYoY
Forward$6.32+29%
Q3 2024-$7.98-$7.17
Q2 2024-$8.19-$7.15
Q1 2024-$8.38-$7.25
Q4 2023-$0.56+$0.41
Q3 2023-$0.81-$0.02
Q2 2023-$1.04-$0.48
Q1 2023-$1.13-$0.48
Q4 2022-$0.97-$0.19

RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.

AENT Quarterly Revenue

Q4 2023: $426MQ1 2024: $211MQ2 2024: $237MQ3 2024: $229MQ4 2024: $394MQ1 2025: $213MQ2 2025: $228MQ3 2025: $254MQ4 2025: $369MQ1 2026: $258MQ2 2026: $500,000Q3 2026: $279M
Q4 2023: $426MQ1 2024: $211MQ2 2024: $237MQ3 2024: $229MQ4 2024: $394MQ1 2025: $213MQ2 2025: $228MQ3 2025: $254MQ4 2025: $369MQ1 2026: $258MQ2 2026: $500,000Q3 2026: $279M
QuarterRevenueYoY
Q3 2026$278.8M+9.8%
Q2 2026$500K-100%
Q1 2026$258.2M+21%
Q4 2025$368.7M-6.3%
Q3 2025$254M+11%
Q2 2025$227.8M-3.9%
Q1 2025$213M+0.9%
Q4 2024$393.7M-7.5%

AENT's revenue is recovering but still below its 2023 peak: $279M last quarter, up 9.8% from the same quarter a year ago.

RDDT Quarterly Revenue

Q4 2023: $250MQ1 2024: $243MQ2 2024: $281MQ3 2024: $348MQ4 2024: $428MQ1 2025: $392MQ2 2025: $500MQ3 2025: $585MQ4 2025: $726MQ1 2026: $663MQ2 2026: $805MQ3 2026: $895M
Q4 2023: $250MQ1 2024: $243MQ2 2024: $281MQ3 2024: $348MQ4 2024: $428MQ1 2025: $392MQ2 2025: $500MQ3 2025: $585MQ4 2025: $726MQ1 2026: $663MQ2 2026: $805MQ3 2026: $895M
QuarterRevenueYoY
Q3 2026$895M+53%
Q2 2026$804.9M+61%
Q1 2026$663.4M+69%
Q4 2025$725.6M+70%
Q3 2025$584.9M+68%
Q2 2025$499.6M+78%
Q1 2025$392.4M+61%
Q4 2024$427.7M+71%

RDDT has the edge over AENT on sales, with more consistent year-over-year improvement.

AENT Free Cash Flow

Q4 2023: --Q1 2024: $21MQ2 2024: $8MQ3 2024: −$12MQ4 2024: $25MQ1 2025: $2MQ2 2025: $11MQ3 2025: $2MQ4 2025: −$17MQ1 2026: $21MQ2 2026: −$9MQ3 2026: $4M
Q4 2023: --Q1 2024: $21MQ2 2024: $8MQ3 2024: −$12MQ4 2024: $25MQ1 2025: $2MQ2 2025: $11MQ3 2025: $2MQ4 2025: −$17MQ1 2026: $21MQ2 2026: −$9MQ3 2026: $4M
QuarterFree cash flowYoY
Q3 2026$4.1M+72%
Q2 2026-$9.1M-185%
Q1 2026$20.9M+762%
Q4 2025-$16.9M-167%
Q3 2025$2.4M+$14M
Q2 2025$10.7M+30%
Q1 2025$2.4M-89%
Q3 2024-$11.6M-$8.9M

AENT's free cash flow was −$1M over the past year, against $41M the year before.

RDDT Free Cash Flow

Q4 2023: −$22MQ1 2024: $29MQ2 2024: $27MQ3 2024: $70MQ4 2024: $89MQ1 2025: $127MQ2 2025: $111MQ3 2025: $183MQ4 2025: $264MQ1 2026: $311MQ2 2026: $261MQ3 2026: $363M
Q4 2023: −$22MQ1 2024: $29MQ2 2024: $27MQ3 2024: $70MQ4 2024: $89MQ1 2025: $127MQ2 2025: $111MQ3 2025: $183MQ4 2025: $264MQ1 2026: $311MQ2 2026: $261MQ3 2026: $363M
QuarterFree cash flowYoY
Q3 2026$362.6M+98%
Q2 2026$260.7M+135%
Q1 2026$311.2M+146%
Q4 2025$263.6M+196%
Q3 2025$183.1M+161%
Q2 2025$110.8M+308%
Q1 2025$126.6M+333%
Q4 2024$89.2M+$111.2M

RDDT has the edge over AENT on cash generation, producing positive trailing cash flow while its opponent burns cash.

AENT Total Shares

Q4 2023: 51MQ1 2024: 51MQ2 2024: 51MQ3 2024: 51MQ4 2024: 51MQ1 2025: 51MQ2 2025: 51MQ3 2025: 51MQ4 2025: 51MQ1 2026: 51MQ2 2026: 51MQ3 2026: 51M
Q4 2023: 51MQ1 2024: 51MQ2 2024: 51MQ3 2024: 51MQ4 2024: 51MQ1 2025: 51MQ2 2025: 51MQ3 2025: 51MQ4 2025: 51MQ1 2026: 51MQ2 2026: 51MQ3 2026: 51M
PeriodChange %Net change
Quarterly+0.1%+30.4K shares
1 year+0.2%+86K shares
3 years+1.1%+580K shares

AENT has 51M diluted shares, about the same as a year ago.

RDDT Total Shares

Q4 2023: 163MQ1 2024: 70MQ2 2024: 164MQ3 2024: 192MQ1 2025: 201MQ2 2025: 200MQ3 2025: 203MQ4 2025: 202MQ1 2026: 203MQ2 2026: 202MQ3 2026: 202M
Q4 2023: 163MQ1 2024: 70MQ2 2024: 164MQ3 2024: 192MQ1 2025: 201MQ2 2025: 200MQ3 2025: 203MQ4 2025: 202MQ1 2026: 203MQ2 2026: 202MQ3 2026: 202M
PeriodChange %Net change
Quarterly-0.1%-169K shares
1 year-0.4%-868K shares
3 years+24%+38.5M shares
5 years+24%+38.5M shares

RDDT has the edge over AENT on shareholder dilution, with a more favorable share count trend.

AENT Net Leverage

Q1 2024: 4.8xQ2 2024: 8.9xQ3 2024: 8.7xQ4 2024: 7.4xQ1 2025: 2.7xQ2 2025: 1.6xQ3 2025: 1.3xQ4 2025: 1.8xQ1 2026: 1.4xQ2 2026: 2.4xQ3 2026: 4.5x
Q1 2024: 4.8xQ2 2024: 8.9xQ3 2024: 8.7xQ4 2024: 7.4xQ1 2025: 2.7xQ2 2025: 1.6xQ3 2025: 1.3xQ4 2025: 1.8xQ1 2026: 1.4xQ2 2026: 2.4xQ3 2026: 4.5x
QuarterNet LeverageStatus
Q3 20264.5xHigh
Q2 20262.4xModerate
Q1 20261.4xHealthy
Q4 20251.8xHealthy
Q3 20251.3xHealthy
Q2 20251.6xHealthy
Q1 20252.7xModerate
Q4 20247.4xHigh

AENT's net debt is about 4.5 years of its operating earnings (EBITDA), up from 1.3 years a year ago.

RDDT Net Leverage

Q1 2025: -13.1xQ2 2025: -5.0xQ3 2025: -3.3xQ4 2025: -2.1xQ1 2026: -2.2xQ2 2026: -1.9xQ3 2026: -1.5x
Q1 2025: -13.1xQ2 2025: -5.0xQ3 2025: -3.3xQ4 2025: -2.1xQ1 2026: -2.2xQ2 2026: -1.9xQ3 2026: -1.5x
QuarterNet LeverageStatus
Q3 2026-1.5xNet Cash
Q2 2026-1.9xNet Cash
Q1 2026-2.2xNet Cash
Q4 2025-2.1xNet Cash
Q3 2025-3.3xNet Cash
Q2 2025-5.0xNet Cash
Q1 2025-13.1xNet Cash

RDDT has the edge over AENT on leverage, with a lower net debt burden relative to earnings.

AENT Weekly Momentum

MetricValueStatus
RSI48.3Neutral
Stochastic14.9Oversold

AENT's weekly RSI is 48 (neutral) and its Stochastic is 15 (oversold).

RDDT Weekly Momentum

MetricValueStatus
RSI34.8Neutral
Stochastic6.5Oversold

RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).

AENT PE vs Communication Services Sector

MetricAENTSector medianRelative
PE17x16x1.7% above
PE %32293 pts above

AENT has the edge over RDDT on valuation relative to its sector.

RDDT PE vs Communication Services Sector

MetricRDDTSector medianRelative
PE20x16x23% above
PE %52318 pts below

RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.

AENT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$4.6512% above
20 week MA$5.261.1% below
50 week MA$6.1215% below
100 week MA$5.597% below
200 week MA$4.1725% above

AENT has stronger trend alignment. AENT is above 2 of 5 weekly averages versus RDDT above 0 of 4.

RDDT Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$130.624% below
20 week MA$151.734% below
50 week MA$165.040% below
100 week MA$167.140% below

RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.

AENT Yearly ROI

YearStart priceEnd priceROI
2021$9.65$9.79+1.5%
2022$9.79$10.1+3.6%
2023$10.1$0.93-91%
2024$0.93$8.75+841%
2025$8.75$7.73-12%
2026 YTD$7.73$5.20-33%

AENT has the edge over RDDT on returns for 2026, with the stronger performance.

RDDT Yearly ROI

YearStart priceEnd priceROI
2024$46.0$173.5+277%
2025$173.5$225.8+30%
2026 YTD$225.8$99.6-56%

RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.

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