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Home โบ Stocks โบ Reddit Inc Class A (RDDT) Stock Forecast & Price Prediction United States | NYSE | Communication Services | Internet Content & Information
$155.80
-8.15 (-4.97%)Did RDDT Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Reddit is one of their latest high-conviction picks.
Based on our analysis of 34 Wall Street analysts, RDDT has a bullish consensus with a median price target of $225.00 (ranging from $110.00 to $300.00). The overall analyst rating is Strong Buy (8.0/10). Currently trading at $155.80, the median forecast implies a 44.4% upside. This outlook is supported by 20 Buy, 11 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Laura Martin at Needham, projecting a 92.6% upside. Conversely, the most conservative target is provided by Justin Post at B of A Securities, suggesting a 29.4% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for RDDT.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 1, 2026 | Cantor Fitzgerald | Deepak Mathivanan | Neutral | Maintains | $180.00 |
| May 1, 2026 | Wells Fargo | Alec Brondolo | Equal-Weight | Maintains | $176.00 |
| May 1, 2026 | Needham | Laura Martin | Buy | Reiterates | $300.00 |
| May 1, 2026 | Piper Sandler | Thomas Champion | Overweight | Reiterates | $215.00 |
| May 1, 2026 | DA Davidson | Wyatt Swanson | Buy | Maintains | $200.00 |
| May 1, 2026 | Evercore ISI Group | Mark Mahaney | Outperform | Maintains | $300.00 |
| May 1, 2026 | Citizens | Andrew Boone | Market Outperform | Maintains | $240.00 |
| Apr 22, 2026 | Citizens | Andrew Boone | Market Outperform | Maintains | $250.00 |
| Apr 21, 2026 | DA Davidson | Wyatt Swanson | Buy | Initiates | $200.00 |
| Apr 14, 2026 | Goldman Sachs | Eric Sheridan | Neutral | Maintains | $180.00 |
| Apr 7, 2026 | Truist Securities | Youssef Squali | Buy | Maintains | $260.00 |
| Apr 7, 2026 | Wells Fargo | Alec Brondolo | Equal-Weight | Maintains | $149.00 |
| Apr 2, 2026 | B of A Securities | Justin Post | Neutral | Maintains | $175.00 |
| Mar 10, 2026 | Jefferies | John Colantuoni | Buy | Maintains | $250.00 |
| Feb 9, 2026 | Goldman Sachs | Eric Sheridan | Neutral | Maintains | $206.00 |
| Feb 6, 2026 | Guggenheim | Michael Morris | Buy | Maintains | $255.00 |
| Feb 6, 2026 | Oppenheimer | Jason Helfstein | Outperform | Maintains | $250.00 |
| Feb 6, 2026 | JP Morgan | Doug Anmuth | Neutral | Maintains | $200.00 |
| Feb 6, 2026 | Truist Securities | Youssef Squali | Buy | Maintains | $275.00 |
| Feb 6, 2026 | Piper Sandler | Thomas Champion | Overweight | Reiterates | $205.00 |
The following stocks are similar to Reddit based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Reddit Inc Class A has a market capitalization of $29.99B with a P/E ratio of 47.0x. The company generates $2.47B in trailing twelve-month revenue with a 28.6% profit margin.
Revenue growth is +69.1% quarter-over-quarter, while maintaining an operating margin of +27.6% and return on equity of +26.2%.
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User-generated content and discussion platform.
The company operates a community-driven platform where users engage in discussions and share content across various interest-based forums, known as subreddits. Reddit monetizes its services primarily through advertising, Premium Memberships, and data licensing agreements, leveraging user engagement metrics to optimize revenue generation.
Founded in 2005 and headquartered in San Francisco, Reddit attracts tens of millions of daily active users, making it a significant player in the digital media landscape. The platform's focus on authentic conversations and diverse communities allows brands and publishers to effectively reach targeted audiences.
Communication Services
Internet Content & Information
2,233
Mr. Steven Ladd Huffman
United States
2024
Eli Lilly's strong GLP-1 drug demand and pipeline advances drive growth, while Western Digital and Vertiv ride AI-fueled momentum and market expansion.
RDDT trades at a steep premium, but rapid ad growth, rising ARPU, and AI-driven tools are powering momentum despite ongoing market and competitive pressures.
The Zacks Internet software industry participants like ANET, ADP and RDDT are benefiting from high demand for AI-infused software as the need for hybrid work, learning and diagnosis software, as well as cybersecurity applications, increases.
The company is conducting a limited test for a small group of users who browse without logging in, with potential workarounds available.
The limited testing indicates potential changes in user engagement and data collection practices, which could impact advertising revenue and overall business performance.
RDDT is trading at a high premium, supported by rapid ad growth, increasing ARPU, and AI-driven tools, despite facing market and competitive challenges.
RDDT's premium valuation reflects strong ad growth and rising ARPU, indicating robust demand. AI tools enhance competitiveness, suggesting potential for sustained performance amid market challenges.
Reddit Inc. (RDDT) is being evaluated for its potential as a strong stock choice for momentum investors. Further analysis may reveal its suitability.
Reddit Inc.'s potential as a momentum stock could attract investors seeking growth, influencing demand and price volatility in the market.
Reddit Inc. (RDDT) has reached a key support level and recently broke above the 20-day moving average, indicating a potential short-term bullish trend for investors.
Reddit Inc.'s breakout above the 20-day moving average indicates potential bullish momentum and a favorable entry point for technical traders.
Zacks Internet software companies ANET, ADP, and RDDT are experiencing growth due to rising demand for AI-driven software for hybrid work, learning, diagnostics, and cybersecurity.
Rising demand for AI-driven software boosts growth potential for companies like ANET, ADP, and RDDT, indicating strong investment opportunities in the internet software sector.
Reddit's Q1 earnings and revenue exceeded analyst expectations. For Q2, it projects sales between $715 million and $725 million, slightly above the $712 million forecast.
Reddit's earnings beat estimates, indicating strong performance and confidence in growth, which may boost investor sentiment and stock value.
Based on our analysis of 34 Wall Street analysts, Reddit Inc Class A (RDDT) has a median price target of $225.00. The highest price target is $300.00 and the lowest is $110.00.
According to current analyst ratings, RDDT has 20 Buy ratings, 11 Hold ratings, and 1 Sell ratings. The stock is currently trading at $155.80. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict RDDT stock could reach $225.00 in the next 12 months. This represents a 44.4% increase from the current price of $155.80. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a community-driven platform where users engage in discussions and share content across various interest-based forums, known as subreddits. Reddit monetizes its services primarily through advertising, Premium Memberships, and data licensing agreements, leveraging user engagement metrics to optimize revenue generation.
The highest price target for RDDT is $300.00 from Laura Martin at Needham, which represents a 92.6% increase from the current price of $155.80.
The lowest price target for RDDT is $110.00 from Justin Post at B of A Securities, which represents a -29.4% decrease from the current price of $155.80.
The overall analyst consensus for RDDT is bullish. Out of 34 Wall Street analysts, 20 rate it as Buy, 11 as Hold, and 1 as Sell, with a median price target of $225.00.
Stock price projections, including those for Reddit Inc Class A, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.