RDDT
Reddit, Inc.
RDDT has the edge over VIV overall, supported by stronger fundamentals and stronger modeled upside.
VIV
Telefônica Brasil S.A.
VIV 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.
VIV Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Strong |
VIV's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.
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 VIV in the historical PE scenario, which offers more potential upside but is not a forecast.
VIV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 12x | $9.23 | -22% |
| Fair | 16x | $12.05 | +1.3% |
| Current | 16x | $11.90 | — |
| Expensive | 18x | $13.36 | +12% |
Historical ranges are pointers, not guarantees.
VIV's PE is 16x, but its earnings don't support one, so it isn't a reliable read right now.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
RDDT has the edge over VIV on the outlook, with more favorable revenue expectations.
VIV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect VIV's earnings to grow and its profitability to improve, with its revenue holding steady. 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 |
VIV has the stronger earnings trend. Trailing diluted EPS is down 39% for RDDT versus VIV up 16%.
VIV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.74 | +16% |
| Q1 2026 | $0.71 | +15% |
| Q4 2025 | $0.69 | +13% |
| Q3 2025 | $0.67 | +14% |
| Q2 2025 | $0.64 | +14% |
| Q1 2025 | $0.62 | +13% |
| Q4 2024 | $0.61 | +13% |
| Q3 2024 | $0.59 | +20% |
VIV's earnings per share have climbed steadily: $0.74 over the past year, up 16% from the year before, and higher year over year for 11 quarters in a row.
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 VIV on sales, with stronger typical year-over-year growth.
| 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 VIV on profitability, with a higher operating margin.
VIV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $2.8B | +7.6% |
| Q1 2026 | $2.7B | +5.4% |
| Q4 2025 | $2.8B | +8.7% |
| Q3 2025 | $2.7B | +6.5% |
| Q2 2025 | $2.6B | +7.1% |
| Q1 2025 | $2.6B | +6.2% |
| Q4 2024 | $2.6B | +7.7% |
| Q3 2024 | $2.5B | +7.1% |
VIV's revenue has grown year over year for 22 quarters in a row: $2.8B last quarter, up 7.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 16% | +1.2 points |
| Q1 2026 | 15% | +1 points |
| Q4 2025 | 16% | -1.1 points |
| Q3 2025 | 19% | +2.2 points |
| Q2 2025 | 15% | +0.4 points |
| Q1 2025 | 14% | -0.3 points |
| Q4 2024 | 17% | 0 points |
| Q3 2024 | 16% | +0.2 points |
VIV's operating margin was 16% last quarter, up 1.2 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 has the edge over VIV on cash flow, with more consistent year-over-year improvement.
VIV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $538M | -17% |
| Q1 2026 | $516.5M | +8.1% |
| Q4 2025 | $484.8M | +45% |
| Q3 2025 | $403.4M | -0.4% |
| Q2 2025 | $649.8M | +3.6% |
| Q1 2025 | $477.9M | -8.6% |
| Q4 2024 | $334.1M | +59% |
| Q3 2024 | $404.9M | -5.7% |
VIV's free cash flow has been positive every quarter for seven years: $1.9B over the past year, up 4.1% 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 VIV 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 | — |
VIV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +7.3M shares |
| 1 year | +0.3% | +5.1M shares |
| 3 years | -3.3% | -55.3M shares |
| 5 years | -4.7% | -79M shares |
| Available history | -5% | -83.6M shares |
VIV has 1.6B diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | $72,869 |
| Q1 2026 | $50,131 |
| Q4 2025 | $61.6M |
| Q3 2025 | $648.4M |
| Q2 2025 | $85.1M |
| Q1 2025 | $58.5M |
| Q4 2024 | $58.4M |
| Q3 2024 | $389.9M |
VIV spent $710M buying back its own shares over the past year, up 20% from the year before.
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 VIV on leverage, with a lower net debt burden relative to earnings.
VIV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.4x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.6x | Very low |
| Q4 2024 | 0.7x | Very low |
| Q3 2024 | 0.6x | Very low |
VIV's net debt is less than a year of its operating earnings (EBITDA).
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).
VIV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.0 | Neutral |
| Stochastic | 32.0 | Neutral |
VIV's weekly RSI is 45 (neutral) and its Stochastic is 32 (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.
VIV PE vs Communication Services Sector
| Metric | VIV | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 2.4% below |
| PE % | 46 | 26 | 20 pts above |
VIV 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 |
VIV has stronger trend alignment. RDDT is above 0 of 4 weekly averages versus VIV above 1 of 5.
VIV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $11.9 | 0.3% below |
| 20 week MA | $12.3 | 2.9% below |
| 50 week MA | $13.5 | 12% below |
| 100 week MA | $12.0 | 0.5% below |
| 200 week MA | $10.5 | 13% above |
VIV has fallen below most of its moving averages, though it's still 13% 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.
VIV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.4 | $8.71 | -39% |
| 2021 | $8.71 | $8.76 | +0.6% |
| 2022 | $8.76 | $7.42 | -15% |
| 2023 | $7.42 | $10.9 | +47% |
| 2024 | $10.9 | $7.63 | -30% |
| 2025 | $7.63 | $11.9 | +56% |
| 2026 YTD | $11.9 | $11.9 | +0.1% |
VIV has the edge over RDDT on returns for 2026, with the stronger performance.