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Reddit Inc Class A (RDDT)
NYSE:RDDT
Holding RDDT?
Track your performance easily
See the Price Targets and Ratings of:
RDDT Analyst Ratings
Moderate Buy
10 Buy
5 Hold
1 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
RDDT Stock 12 Month Forecast
Average Price Target
$106.88
▼(-22.08% Downside)
| Highest Price Target$150.00 | Average Price Target$106.88 | Lowest Price Target$70.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Piper Sandler
Reiterated
11/19/24
Citi
Reiterated
11/05/24
Bank of America Securities
Assigned
10/30/24
J.P. Morgan
Reiterated
10/30/24
B.Riley Financial
Reiterated
10/30/24
Roth MKM
Assigned
10/30/24
Goldman Sachs
Reiterated
10/30/24
Bernstein
Assigned
10/30/24
JMP Securities
Reiterated
10/30/24
Morgan Stanley
Assigned
10/30/24
Jefferies
$120
Buy
-12.51%
Downside
Assigned
10/30/24
Reddit Inc: Buy Rating Backed by Strong Advertising Revenue Growth and Strategic Innovations
Loop Capital Markets
$90→$120
Buy
-12.51%
Downside
Reiterated
10/30/24
Reddit price target raised to $120 from $90 at Loop CapitalReddit price target raised to $120 from $90 at Loop Capital
Needham
$85→$120
Buy
-12.51%
Downside
Reiterated
10/30/24
Strong Buy Recommendation for Reddit Inc: Impressive Growth and Strategic Partnerships Fuel Confidence
Robert W. Baird
$59→$100
Hold
-27.09%
Downside
Reiterated
10/29/24
Cautious Optimism for Reddit Inc.: Hold Rating Amidst Impressive Growth and Future Uncertainties
Deutsche Bank
$73→$85
Buy
-38.03%
Downside
Reiterated
10/21/24
Reddit (RDDT) PT Raised to $85 at Deutsche BankDeutsche Bank analyst Ben Black raised the price target on Reddit (NYSE: RDDT) to $85.00 (from $73.00) while maintaining a Buy rating.
Best Analysts Covering Reddit Inc Class A
Which Analyst Should I Follow If I Want to Buy RDDT and Sell After:
1 Month
xxx
Success Rate
6/6 ratings generated profit
Average Return
+33.93%
reiterated a xxx
rating 25 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +33.93% per trade.
3 Months
xxx
Success Rate
6/6 ratings generated profit
Average Return
+72.45%
reiterated a xxx
rating 25 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +72.45% per trade.
1 Year
2 Years
xxx
Success Rate
4/4 ratings generated profit
Average Return
+142.63%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +142.63% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
RDDT Analyst Recommendation Trends
Rating
Jul 24
Aug 24
Sep 24
Oct 24
Nov 24
Strong Buy
0
2
2
2
0
Buy
23
17
16
25
19
Hold
7
7
9
12
8
Sell
1
0
0
1
1
Strong Sell
0
0
0
0
0
total
31
26
27
40
28
Each month's total comprises the sum of three months' worth of ratings.
RDDT Financial Forecast
RDDT Stock Forecast FAQ
What is RDDT’s average 12-month price target, according to analysts?
Based on analyst ratings, Reddit Inc Class A’s 12-month average price target is $106.88.
What is RDDT’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for RDDT, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is RDDT a Buy, Sell or Hold?
Reddit Inc Class A has a consensus rating of Moderate Buy which is based on 10 buy ratings, 5 hold ratings and 1 sell ratings.
What is Reddit Inc Class A’s price target?
The average price target for Reddit Inc Class A is $106.88. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $150.00 ,the lowest forecast is $70.00. The average price target represents -22.08% Decrease from the current price of $137.16.
The highest analyst price target is $150.00 ,the lowest forecast is $70.00. The average price target represents -22.08% Decrease from the current price of $137.16.
What do analysts say about Reddit Inc Class A?
Reddit Inc Class A’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.
How can I buy shares of RDDT?
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