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RDDT
(NYSE)
Reddit, Inc.
$146.44-- (--)
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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 4 professional research analysts

Consensus Rating

Buy
Based on 4 unique analysts
(5 total ratings in last 90 days)
Low Confidence∞:1 Buy/Sell

Average Price Target

$238.00
↑ 62.52% Upside

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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)

John Colantuoni
Jefferies
BuyMaintains
$250.00
Laura Martin
Needham
BuyReiterates
$300.00
Thomas Champion
Piper Sandler
BuyReiterates
$215.00
Alec Brondolo
Wells Fargo
HoldMaintains
$176.00 → $187.00
Laura Martin
Needham
BuyMaintains
$300.00

Frequently Asked Questions

What is the analyst consensus rating for RDDT?

The analyst consensus rating for RDDT is "Buy" based on 4 analyst recommendations.

What is the average price target for RDDT?

The average 12-month price target for RDDT is $238.00, representing an upside of 62.5% from the current price of $146.44.

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.