RDDT
Reddit, Inc.
RDDT has the edge over TDS overall, supported by stronger fundamentals and stronger modeled upside.
TDS
Telephone and Data Systems, Inc.
TDS has lower modeled downside risk, despite its lower overall score.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
TDS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Weak | |
| Strong |
TDS's profitability and balance sheet are currently strong, but its revenue and cash flow are under pressure.
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's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
TDS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.5x | $30.73 | — |
| Cheap | 12x | $48.62 | +58% |
| Fair | 17x | $71.06 | +131% |
| Expensive | 23x | $94.77 | +208% |
| Forward | 116x | $30.73 | — |
Historical ranges are pointers, not guarantees.
TDS has the edge over RDDT in the historical PE scenario, which offers more potential upside but is not a forecast.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over TDS on the outlook, with more favorable valuation and revenue expectations.
TDS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect TDS to return to profit, with revenue holding steady.
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 |
TDS has the stronger earnings trend. Trailing diluted EPS is down 39% for RDDT versus TDS up 282%.
TDS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.26 | -94% |
| Q3 2026 | $4.09 | +$5.16 |
| Q2 2026 | $3.00 | +$3.96 |
| Q1 2026 | $0.53 | +$1.57 |
| Q4 2025 | -$0.65 | +$0.20 |
| Q3 2025 | -$1.07 | +$4.34 |
| Q2 2025 | -$0.96 | +$3.88 |
| Q1 2025 | -$1.04 | +$3.84 |
| Q4 2024 | -$0.85 | +$4.21 |
TDS has returned to profit: it earned $4.09 per share over the past year, after losing money the year before. Its recent earnings include one-off gains.
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 TDS 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 TDS on profitability, with a higher operating margin.
TDS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $306.7M | -0.6% |
| Q2 2026 | $309.3M | -74% |
| Q1 2026 | $309.5M | -73% |
| Q4 2025 | $330.7M | -73% |
| Q3 2025 | $308.5M | -75% |
| Q2 2025 | $1.2B | -4.2% |
| Q1 2025 | $1.2B | -8.6% |
| Q4 2024 | $1.2B | -5.5% |
TDS's revenue has slid since its 2022 peak: $307M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9.8% | +12 points |
| Q2 2026 | 121% | +117 points |
| Q1 2026 | 46% | +43 points |
| Q4 2025 | 5.1% | +2.2 points |
| Q3 2025 | -22% | -16 points |
| Q2 2025 | 3.4% | +0.2 points |
| Q1 2025 | 3% | -2.3 points |
| Q4 2024 | 2.9% | +43 points |
TDS's operating margin was −9.8% last quarter, up 12 points from the same quarter a year ago, near the bottom of its range since 2019.
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 TDS on cash generation, producing positive trailing cash flow while its opponent burns cash.
TDS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$305.5M | -$292.8M |
| Q2 2026 | -$113.3M | -143% |
| Q1 2026 | -$81.6M | -243% |
| Q4 2025 | -$108.9M | -$91.9M |
| Q3 2025 | -$12.7M | -112% |
| Q2 2025 | $264M | +42% |
| Q1 2025 | $57M | +$68M |
| Q4 2024 | -$17M | +$69M |
TDS has burned cash in six of the last eight quarters: −$609M over the past year, against $291M the year before.
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 | — |
TDS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.3M shares |
| 1 year | -3.2% | -3.8M shares |
| 3 years | +1.8% | +2M shares |
| 5 years | -0.9% | -1M shares |
| Available history | -0.9% | -1M shares |
TDS has the edge over RDDT on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $67.4M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $3M |
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 the edge over TDS on leverage, with a lower net debt burden relative to earnings.
TDS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.8x | Elevated |
| Q4 2024 | 3.7x | Elevated |
TDS has more cash than debt.
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).
TDS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.6 | Neutral |
| Stochastic | 25.1 | Neutral |
TDS's weekly RSI is 34 (neutral) and its Stochastic is 25 (neutral).
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.
TDS PE vs Communication Services Sector
| Metric | TDS | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 16x | 54% below |
| PE % | 0 | 26 | 26 pts below |
TDS has the edge over RDDT on valuation relative to its sector.
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 |
TDS has stronger trend alignment. RDDT is above 0 of 4 weekly averages versus TDS above 1 of 5.
TDS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.0 | 9.6% below |
| 20 week MA | $34.6 | 11% below |
| 50 week MA | $39.4 | 22% below |
| 100 week MA | $38.1 | 19% below |
| 200 week MA | $27.8 | 11% above |
TDS has fallen below most of its moving averages, though it's still 11% above its 200-week average.
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.
TDS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.9 | $18.3 | -27% |
| 2021 | $18.3 | $20.6 | +13% |
| 2022 | $20.6 | $10.6 | -49% |
| 2023 | $10.6 | $18.4 | +74% |
| 2024 | $18.4 | $34.8 | +90% |
| 2025 | $34.8 | $40.3 | +16% |
| 2026 YTD | $40.3 | $30.7 | -24% |
TDS has the edge over RDDT on returns for 2026, with the stronger performance.