Reddit (RDDT) Stock Forecast, Price Target & Predictions
RDDT Stock Forecast
Reddit stock forecast is as follows: an average price target of $85.47 (represents a -21.61% downside from RDDT’s last price of $109.03) and a rating consensus of 'Buy', based on 17 wall street analysts offering a 1-year stock forecast.
RDDT Price Target
RDDT Analyst Ratings
Reddit Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 30, 2024 | Laura Martin | Needham | $120.00 | $113.77 | 5.48% | 10.06% |
Oct 30, 2024 | Rohit Kulkarni | Roth Capital | $116.00 | $109.65 | 5.79% | 6.39% |
Oct 30, 2024 | Naved Khan | B.Riley Financial | $112.00 | $110.13 | 1.70% | 2.72% |
Oct 30, 2024 | Alan Gould | Loop Capital Markets | $120.00 | $109.81 | 9.28% | 10.06% |
Oct 30, 2024 | Thomas Champion | Piper Sandler | $115.00 | $105.11 | 9.40% | 5.48% |
Oct 30, 2024 | Eric Sheridan | Goldman Sachs | $105.00 | $81.74 | 28.46% | -3.70% |
Oct 30, 2024 | Justin Post | Bank of America Securities | $99.00 | $81.74 | 21.12% | -9.20% |
Oct 21, 2024 | Naved Khan | B.Riley Financial | $87.00 | $79.38 | 9.60% | -20.21% |
Oct 21, 2024 | Ben Black | Deutsche Bank | $85.00 | $80.90 | 5.07% | -22.04% |
Oct 07, 2024 | Doug Anmuth | J.P. Morgan | $77.00 | $71.29 | 8.01% | -29.38% |
Reddit Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 10 | 17 | 37 |
Avg Price Target | $103.60 | $91.53 | $72.11 |
Last Closing Price | $109.03 | $109.03 | $109.03 |
Upside/Downside | -4.98% | -16.05% | -33.86% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 30, 2024 | Needham | Buy | Buy | Hold |
Oct 30, 2024 | Roth Capital | Buy | Buy | Hold |
Oct 30, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
Oct 30, 2024 | Loop Capital Markets | Buy | Buy | Hold |
Oct 30, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Oct 30, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
Oct 22, 2024 | Jefferies | Buy | Buy | Hold |
Oct 21, 2024 | B. Riley | Buy | Buy | Hold |
Oct 21, 2024 | Deutsche Bank | Buy | Buy | Hold |
Oct 14, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
Reddit Financial Forecast
Reddit Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $603.24M | $524.12M | $437.37M | $402.94M | $495.76M | $439.12M | $375.32M | $342.62M | $399.30M | $313.61M | $253.86M | $213.99M |
High Forecast | $635.56M | $552.20M | $460.80M | $424.53M | $522.32M | $462.65M | $395.42M | $367.59M | $409.90M | $315.73M | $253.86M | $214.00M |
Low Forecast | $555.43M | $482.59M | $402.71M | $371.01M | $456.47M | $404.33M | $345.58M | $302.96M | $391.72M | $311.50M | $253.86M | $213.99M |
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 5 | 10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - |
Reddit EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 5 | 10 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $-139.48M | $-121.19M | $-101.13M | $-93.17M | $-114.63M | $-101.54M | $-86.78M | $-79.22M | $-92.33M | $-72.51M | $-58.70M | $-49.48M |
High Forecast | $-128.43M | $-111.58M | $-93.12M | $-85.79M | $-105.55M | $-93.49M | $-79.90M | $-70.05M | $-90.57M | $-72.03M | $-58.70M | $-49.48M |
Low Forecast | $-146.95M | $-127.68M | $-106.55M | $-98.16M | $-120.77M | $-106.98M | $-91.43M | $-84.99M | $-94.78M | $-73.00M | $-58.70M | $-49.48M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - |
Reddit Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 5 | 10 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $133.66M | $86.55M | $36.54M | $961.61K | $78.13M | $45.45M | $5.06M | $-18.27M | $40.27M | $-13.96M | $-61.30M | $-1.68B |
High Forecast | $142.97M | $92.57M | $39.09M | $1.03M | $83.57M | $48.62M | $5.41M | $-2.61M | $105.70M | $-12.52M | $-54.98M | $-1.51B |
Low Forecast | $119.89M | $77.63M | $32.78M | $862.55K | $70.08M | $40.77M | $4.54M | $-26.10M | $-10.07M | $-14.93M | $-65.57M | $-1.80B |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - |
Reddit SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 5 | 10 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $323.73M | $281.27M | $234.72M | $216.24M | $266.05M | $235.66M | $201.42M | $183.87M | $214.29M | $168.30M | $136.23M | $114.84M |
High Forecast | $341.08M | $296.34M | $247.29M | $227.83M | $280.31M | $248.28M | $212.21M | $197.27M | $219.98M | $169.44M | $136.23M | $114.85M |
Low Forecast | $298.08M | $258.98M | $216.12M | $199.11M | $244.97M | $216.98M | $185.46M | $162.58M | $210.22M | $167.17M | $136.23M | $114.84M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - |
Reddit EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 10 | 11 | 5 | 5 | 10 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - |
Avg Forecast | $0.69 | $0.45 | $0.19 | $0.01 | $0.41 | $0.24 | $0.03 | $-0.10 | $0.21 | $-0.07 | $-0.32 | $-8.75 |
High Forecast | $0.74 | $0.48 | $0.20 | $0.01 | $0.43 | $0.25 | $0.03 | $-0.01 | $0.55 | $-0.07 | $-0.29 | $-7.85 |
Low Forecast | $0.62 | $0.40 | $0.17 | - | $0.36 | $0.21 | $0.02 | $-0.14 | $-0.05 | $-0.08 | $-0.34 | $-9.36 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - |
RDDT Forecast FAQ
Is Reddit a good buy?
Yes, according to 17 Wall Street analysts, Reddit (RDDT) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 13 'Buy' recommendations, accounting for 82.35% of RDDT's total ratings.
What is RDDT's price target?
Reddit (RDDT) average price target is $85.47 with a range of $45 to $120, implying a -21.61% from its last price of $109.03. The data is based on 17 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Reddit stock go up soon?
According to Wall Street analysts' prediction for RDDT stock, the company can go down by -21.61% (from the last price of $109.03 to the average price target of $85.47), up by 10.06% based on the highest stock price target, and down by -58.73% based on the lowest stock price target.
Can Reddit stock reach $200?
RDDT's average twelve months analyst stock price target of $85.47 does not support the claim that Reddit can reach $200 in the near future.
What is Reddit's current price target trend?
10 Wall Street analysts forecast a $103.6 price target for Reddit (RDDT) this month, down -4.98% from its last price of $109.03. Compared to the last 3 and 12 months, the average price target decreased by -16.05% and decreased by -33.86%, respectively.
What are Reddit's analysts' financial forecasts?
Reddit's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.65B (high $1.75B, low $1.51B), average EBITDA is $-382M (high $-349M, low $-404M), average net income is $110.37M (high $134.99M, low $89.28M), average SG&A $887M (high $938.07M, low $809.99M), and average EPS is $0.574 (high $0.702, low $0.464). RDDT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.97B (high $2.07B, low $1.81B), average EBITDA is $-455M (high $-419M, low $-479M), average net income is $257.71M (high $275.66M, low $231.16M), average SG&A $1.06B (high $1.11B, low $972.28M), and average EPS is $1.34 (high $1.43, low $1.2).