Bearish
Reddit (RDDT) stock drops 4.46% to $178.44 amid Google licensing concerns
Reddit's stock declined by 4.46% to $178.44 on July 28, 2026, following reports of a potential standoff with Google over their $60 million data-licensing agreement. The existing deal, which grants Google access to Reddit's content for AI training, is nearing its expiration, and renewal discussions are ongoing. Investors are concerned that a breakdown in negotiations could impact Reddit's revenue and its role in AI data licensing.
Key points
- Reddit's stock fell 4.46% to $178.44 amid Google licensing concerns.
- Reddit's Q2 earnings report is scheduled for July 30, 2026.
- Analysts have set an average price target of $226.29 for Reddit's stock.
Sources
- Reddit stock analysis: Google standoff, Q2 earnings, and analyst targetsInvesting.com · July 28, 2026
- Is Reddit (RDDT) Stock a Buy Before Earnings Wednesday? Here's What the Numbers SayCoinCentral · July 28, 2026
- Reddit (RDDT) Stock Drops 9% After Report It May Cut Google AI AccessCoinCentral · July 24, 2026
AI-generated from public news sources. Not financial advice.
