JOYY
JOYY, Inc. Sponsored ADR Class A
JOYY has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over JOYY overall, supported by stronger fundamentals and stronger valuation.
JOYY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Strong |
JOYY's revenue and balance sheet are currently healthy, and its profitability and cash flow are stable.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
JOYY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.1x | $8.84 | -89% |
| Fair | 11x | $44.59 | -43% |
| Expensive | 17x | $72.85 | -7.5% |
| Current | 19x | $78.74 | — |
Historical ranges are pointers, not guarantees.
JOYY's PE is in its expensive range at 19x.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT has the edge over JOYY in the historical PE scenario, which offers more potential upside but is not a forecast.
JOYY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect JOYY's earnings to grow and its profitability to improve, with its revenue holding steady.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over JOYY on the outlook, with more favorable revenue expectations.
JOYY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.20 | -86% |
| Q1 2026 | $4.32 | -85% |
| Q4 2025 | $36.52 | +$39.59 |
| Q3 2025 | $29.89 | +831% |
| Q2 2025 | $29.78 | +819% |
| Q1 2025 | $29.46 | +568% |
| Q4 2024 | -$3.07 | -176% |
| Q3 2024 | $3.21 | +$5.24 |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 86% for JOYY versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| 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.
JOYY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $591.7M | +17% |
| Q1 2026 | $555.7M | +12% |
| Q4 2025 | $581.9M | +5.9% |
| Q3 2025 | $540.2M | -3.3% |
| Q2 2025 | $507.8M | -10% |
| Q1 2025 | $494.4M | -12% |
| Q4 2024 | $549.4M | -3.6% |
| Q3 2024 | $558.7M | -1.5% |
JOYY's revenue is growing: $592M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.3% | +1.1 points |
| Q1 2026 | 1.3% | -1.2 points |
| Q4 2025 | 3.1% | -1.8 points |
| Q3 2025 | 3.6% | +0.7 points |
| Q2 2025 | 1.1% | +0.7 points |
| Q1 2025 | 2.5% | +1.8 points |
| Q4 2024 | 4.9% | +4.1 points |
| Q3 2024 | 2.9% | +0.8 points |
JOYY's operating margin was 2.3% last quarter, up 1.1 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| 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 JOYY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over JOYY on profitability, with a higher operating margin.
JOYY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
JOYY's free cash flow was $0 over the past year, against $0 the year before.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| 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 JOYY on cash flow, with more consistent year-over-year improvement.
JOYY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +588K shares |
| 1 year | -4.2% | -2.2M shares |
| 3 years | -33% | -25.8M shares |
| 5 years | -34% | -26.9M shares |
| Available history | -36% | -28.9M shares |
JOYY has the edge over RDDT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
JOYY hasn't bought back shares in the past year.
RDDT Total Shares
| Period | Change % | 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 202M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $100.4M |
| Q2 2026 | $234.6M |
| Q1 2026 | $5M |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $4.2M |
| Q4 2022 | — |
JOYY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -1.4x | Net Cash |
| Q4 2025 | -1.6x | Net Cash |
| Q3 2024 | -1.9x | Net Cash |
| Q2 2024 | -3.9x | Net Cash |
| Q1 2024 | -1.7x | Net Cash |
| Q4 2023 | -2.6x | Net Cash |
| Q3 2023 | -1.6x | Net Cash |
JOYY has the edge over RDDT on leverage, with a lower net debt burden relative to earnings.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has more cash than debt.
JOYY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.5 | Neutral |
| Stochastic | 61.7 | Neutral |
JOYY's weekly RSI is 60 (neutral) and its Stochastic is 62 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
JOYY PE vs Communication Services Sector
| Metric | JOYY | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 16x | 14% above |
| PE % | 90 | 26 | 64 pts above |
JOYY has the edge over RDDT on valuation relative to its sector.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 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.
JOYY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.7 | 2.5% below |
| 20 week MA | $76.4 | 3.1% above |
| 50 week MA | $68.2 | 16% above |
| 100 week MA | $58.9 | 34% above |
| 200 week MA | $46.4 | 70% above |
JOYY has stronger trend alignment. JOYY is above 4 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
JOYY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.7 | $77.4 | +41% |
| 2021 | $77.4 | $49.6 | -36% |
| 2022 | $49.6 | $31.9 | -36% |
| 2023 | $31.9 | $39.7 | +24% |
| 2024 | $39.7 | $42.2 | +6.4% |
| 2025 | $42.2 | $66.0 | +56% |
| 2026 YTD | $66.0 | $78.7 | +19% |
JOYY has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 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.