Skip to main content
FinSpry Logo
FinSpry
RDDT logo
RDDT
(NYSE)
Reddit, Inc.
$170.44-- (--)
Loading... - Market loading
OverviewFinancialsForecastStatisticsDividendsHistoricalProfile

Reddit, Inc. (RDDT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Reddit, Inc. stock.

Analyst Consensus Rating

Investment consensus from 23 professional research analysts

Consensus Rating

Buy
Based on 23 unique analysts
(27 total ratings in last 90 days)
Very High Confidence∞:1 Buy/Sell

Average Price Target

$224.45
↑ 31.69% Upside

Loading chart...

Strong Sell
Sell
Hold
Buy
Strong Buy

Latest RDDT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Alan Gould
Loop Capital
BuyMaintains
$260.00
Jack Vogel
MarketWatch Contributors
BuyInitiates Coverage
-
John Colantuoni
Jefferies
BuyReiterates
$250.00
Wyatt Swanson
DA Davidson
BuyReiterates
$200.00
Laura Martin
Needham
BuyMaintains
$300.00
Marc Guberti
The Motley Fool
BuyInitiates Coverage
-
Brad Erickson
RBC Capital
HoldMaintains
$250.00
Ethan Feller
Zacks Equity Research
BuyInitiates Coverage
-
Serena Yi Qi Lim
Phillip
BuyMaintains
$240.00 → $200.00
Andrew Boone
Citizens JMP
BuyMaintains
$250.00 → $240.00
Rohit Kulkarni
Roth MKM
HoldMaintains
$185.00
Deepak Mathivanan
Cantor Fitzgerald
HoldMaintains
$170.00 → $180.00
Thomas Champion
Piper Sandler
BuyReiterates
$205.00 → $215.00
Youssef Squali
Truist
BuyMaintains
$260.00 → $265.00
Eric Sheridan
Goldman Sachs
HoldMaintains
$180.00 → $200.00
Jason Helfstein
Oppenheimer
BuyReiterates
$250.00 → $225.00
Josh Beck
Raymond James
BuyMaintains
$250.00 → $225.00
Brian Nowak
Morgan Stanley
BuyMaintains
$240.00
Deepak Mathivanan
Cantor Fitzgerald
HoldMaintains
$170.00 → $180.00
Mark Mahaney
Evercore ISI Group
BuyMaintains
$290.00
Andrew Boone
Citizens
BuyMaintains
$300.00 → $250.00
Wyatt Swanson
DA Davidson
Strong BuyInitiates
$200.00
Eric Sheridan
Goldman Sachs
HoldMaintains
$206.00 → $180.00
Youssef Squali
Truist
Strong BuyMaintains
$275.00 → $260.00
Alec Brondolo
Wells Fargo
HoldMaintains
$196.00 → $149.00
Justin Post
BofA Securities
HoldMaintains
$205.00 → $175.00
Mark Shmulik
Bernstein
HoldMaintains
$190.00

Frequently Asked Questions

What is the analyst consensus rating for RDDT?

The analyst consensus rating for RDDT is "Buy" based on 23 analyst recommendations.

What is the average price target for RDDT?

The average 12-month price target for RDDT is $224.45, representing an upside of 31.7% from the current price of $170.44.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.