Reddit (RDDT) Stock Forecast, Price Target & Predictions
RDDT Stock Forecast
Reddit (RDDT) stock forecast, based on 18 Wall Street analysts, predicts a 12-month average price target of $148.90, with a high of $220.00 and a low of $75.00. This represents a 21.91% increase from the last price of $122.14.
RDDT Stock Rating
Reddit stock's rating consensus is Buy, based on 18 Wall Street analysts. The breakdown includes 1 Strong Buy (5.56%), 12 Buy (66.67%), 5 Hold (27.78%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
RDDT Price Target Upside V Benchmarks
Type | Name | Upside |
---|---|---|
Stock | 21.91% | |
Sector | Communication Services Stocks | 16.76% |
Industry | Internet Content & Information Stocks | 22.05% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 4 | 33 |
Avg Price Target | - | $165.00 | $106.15 |
Last Closing Price | $122.14 | $122.14 | $122.14 |
Upside/Downside | - | 35.09% | -13.09% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Apr, 25 | 5 | 8 | 7 | 1 | 1 | 22 |
Mar, 25 | 5 | 8 | 7 | - | 1 | 21 |
Feb, 25 | 4 | 8 | 6 | - | 1 | 19 |
Jan, 25 | 5 | 8 | 6 | - | 1 | 20 |
Dec, 24 | 5 | 8 | 6 | - | 1 | 20 |
Analyst Price Target Forecasts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Mar 28, 2025 | Andrew Boone | JMP Securities | $155.00 | $111.98 | 38.42% | 26.90% |
Mar 17, 2025 | Redburn Partners | $75.00 | $125.56 | -40.27% | -38.60% | |
Mar 11, 2025 | Loop Capital Markets | $210.00 | $122.73 | 71.11% | 71.93% | |
Feb 13, 2025 | Laura Martin | Needham | $220.00 | $199.60 | 10.22% | 80.12% |
Jan 14, 2025 | Thomas Champion | Piper Sandler | $197.00 | $172.32 | 14.32% | 61.29% |
Dec 11, 2024 | Laura Martin | Needham | $190.00 | $165.92 | 14.51% | 55.56% |
Dec 09, 2024 | Brian Nowak | Morgan Stanley | $200.00 | $162.76 | 22.88% | 63.75% |
Dec 02, 2024 | Alan Gould | Loop Capital Markets | $180.00 | $137.50 | 30.91% | 47.37% |
Oct 30, 2024 | Laura Martin | Needham | $120.00 | $113.77 | 5.48% | -1.75% |
Oct 30, 2024 | Rohit Kulkarni | Roth Capital | $116.00 | $109.65 | 5.79% | -5.03% |
Analyst Rating Forecasts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Apr 16, 2025 | Oppenheimer | Outperform | initialise | |
Mar 28, 2025 | Citigroup | Outperform | Outperform | hold |
Mar 11, 2025 | Loop Capital Markets | Buy | Buy | hold |
Feb 13, 2025 | Needham | Buy | Buy | hold |
Jan 21, 2025 | Raymond James | Strong Buy | Strong Buy | hold |
Jan 14, 2025 | B. Riley | Buy | Buy | hold |
Jan 14, 2025 | Piper Sandler | Overweight | Overweight | hold |
Dec 20, 2024 | Guggenheim | Buy | initialise | |
Dec 11, 2024 | Needham | Buy | Buy | hold |
Dec 11, 2024 | Wells Fargo | Overweight | initialise |
Financial Forecast
EPS Forecast
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|
Reported | $-1.54 | $-0.33 | - | - | - | - |
Avg Forecast | $-1.54 | $-3.86 | $0.84 | $1.87 | $3.11 | $4.54 |
High Forecast | $-1.36 | $-3.60 | $1.02 | $3.04 | $4.51 | $4.96 |
Low Forecast | $-1.68 | $-3.96 | $0.44 | $0.88 | $1.75 | $4.02 |
Surprise % | - | -91.45% | - | - | - | - |
Revenue Forecast
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|
Reported | $804.03M | $1.30B | - | - | - | - |
Avg Forecast | $804.03M | $1.28B | $1.74B | $2.24B | $2.76B | $3.63B |
High Forecast | $861.73M | $1.31B | $1.86B | $2.25B | $2.78B | $3.89B |
Low Forecast | $733.06M | $1.27B | $1.59B | $2.23B | $2.75B | $3.31B |
Surprise % | - | 1.67% | - | - | - | - |
Net Income Forecast
Annual
Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | Dec 28 | |
---|---|---|---|---|---|---|
Reported | $-90.82M | $-484.28M | - | - | - | - |
Avg Forecast | $-90.82M | $-223.58M | $43.31M | $115.75M | $185.06M | $268.49M |
High Forecast | $-80.40M | $-213.00M | $60.31M | $179.51M | $266.46M | $293.53M |
Low Forecast | $-99.30M | $-234.17M | $26.31M | $51.98M | $103.66M | $237.68M |
Surprise % | - | 116.60% | - | - | - | - |