RDDT
Reddit, Inc.
RDDT has the edge over TIGO overall, supported by stronger modeled upside and stronger valuation.
TIGO
Millicom International Cellular S.A.
TIGO has slightly 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.
TIGO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Strong | |
| Under pressure |
TIGO's revenue, profitability and cash flow are currently healthy, but its balance sheet is 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 has the edge over TIGO in the historical PE scenario, which offers more potential upside but is not a forecast.
TIGO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.8x | $34.70 | -57% |
| Fair | 14x | $56.42 | -30% |
| Current | 20x | $80.83 | — |
| Forward | 21x | $80.83 | — |
| Expensive | 32x | $127 | +58% |
Historical ranges are pointers, not guarantees.
TIGO's PE is in its fair range at 20x. On analysts' estimates for next year's earnings, today's price would be 21x.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over TIGO on the outlook, with more favorable valuation and earnings expectations.
TIGO Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Stable | |
| Growth | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect TIGO's revenue to grow, but its profitability to weaken. However, they disagree widely on these estimates.
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 |
TIGO has the stronger earnings trend. Trailing diluted EPS is down 39% for RDDT versus TIGO down 30%.
TIGO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.89 | -1.8% |
| Q2 2026 | $3.96 | -30% |
| Q1 2026 | $7.34 | +256% |
| Q4 2025 | $7.83 | +436% |
| Q3 2025 | $6.50 | +614% |
| Q2 2025 | $5.64 | +810% |
| Q1 2025 | $2.06 | +5050% |
| Q4 2024 | $1.46 | +$1.94 |
| Q3 2024 | $0.91 | +314% |
TIGO earned $3.96 per share over the past year, down 30% from the year before.
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 TIGO 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 TIGO on profitability, with a higher operating margin.
TIGO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.2B | +59% |
| Q1 2026 | $2B | +44% |
| Q4 2025 | $1.7B | +16% |
| Q3 2025 | $1.4B | -0.8% |
| Q2 2025 | $1.4B | -5.9% |
| Q1 2025 | $1.4B | -7.6% |
| Q4 2024 | $1.4B | -3.2% |
| Q3 2024 | $1.4B | +0.5% |
TIGO's revenue has picked up after two years of holding roughly level: $2.2B last quarter, up 59% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 22% | -3.5 points |
| Q1 2026 | 20% | -5 points |
| Q4 2025 | 28% | +2.2 points |
| Q3 2025 | 27% | +7.5 points |
| Q2 2025 | 26% | +3.4 points |
| Q1 2025 | 25% | +4.6 points |
| Q4 2024 | 26% | +12 points |
| Q3 2024 | 20% | +6.2 points |
TIGO's operating margin was 22% last quarter, down 3.5 points from the same quarter a year ago.
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 generated $1.2B in free cash flow over the past year, up 135% from the year before.
TIGO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $464M | +50% |
| Q1 2026 | $449M | +94% |
| Q4 2025 | $291M | +4.4% |
| Q3 2025 | $338.6M | +19% |
| Q2 2025 | $310.1M | +3.7% |
| Q1 2025 | $232M | +98% |
| Q4 2024 | $278.7M | +53% |
| Q3 2024 | $284M | +122% |
TIGO generated $1.5B in free cash flow over the past year, up 40% from 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 the edge over TIGO on shareholder dilution, with a more favorable share count trend.
| 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 | — |
TIGO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +474K shares |
| 1 year | +0.2% | +370K shares |
| 3 years | -1.9% | -3.3M shares |
| 5 years | +30% | +38.9M shares |
| Available history | +30% | +39.2M shares |
TIGO has 168M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $883,389 |
| Q2 2025 | $4.6M |
| Q1 2025 | $119M |
| Q4 2024 | $31.9M |
| Q3 2024 | $33M |
TIGO has spent almost nothing on buybacks in the past year.
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 TIGO on leverage, with a lower net debt burden relative to earnings.
TIGO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.3x | Elevated |
| Q1 2026 | 3.0x | Moderate |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 2.1x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.5x | Moderate |
| Q3 2024 | 2.6x | Moderate |
TIGO's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.2 years a year ago.
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).
TIGO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 44.8 | Neutral |
| Stochastic | 17.5 | Oversold |
TIGO's weekly RSI is 45 (neutral) and its Stochastic is 17 (oversold).
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT has the edge over TIGO on valuation relative to its sector.
TIGO PE vs Communication Services Sector
| Metric | TIGO | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 24% above |
| PE % | 62 | 26 | 36 pts above |
TIGO is trading at 20x earnings, a 24% premium to the Communication Services sector's median of 16x.
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 |
TIGO has stronger trend alignment. RDDT is above 0 of 4 weekly averages versus TIGO above 3 of 5.
TIGO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $83.2 | 2.8% below |
| 20 week MA | $90.4 | 11% below |
| 50 week MA | $79.2 | 2% above |
| 100 week MA | $58.3 | 39% above |
| 200 week MA | $39.2 | 106% above |
TIGO has pulled back, but its long-term trend is still up: it's below its 8- and 20-week averages, but 106% 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.
TIGO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $48.2 | $38.6 | -20% |
| 2021 | $38.6 | $27.3 | -29% |
| 2022 | $27.3 | $12.9 | -53% |
| 2023 | $12.9 | $18.0 | +40% |
| 2024 | $18.0 | $24.9 | +38% |
| 2025 | $24.9 | $54.8 | +120% |
| 2026 YTD | $54.8 | $80.8 | +48% |
TIGO has the edge over RDDT on returns for 2026, with the stronger performance.