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Reddit Inc has a consensus price target of $150.9 based on the ratings of 21 analysts. The high is $210 issued by Guggenheim on December 20, 2024. The low is $54 issued by New Street Research on March 26, 2024. The 3 most-recent analyst ratings were released by Raymond James, B. Riley Securities, and Piper Sandler on January 21, 2025, January 14, 2025, and January 14, 2025, respectively. With an average price target of $194.67 between Raymond James, B. Riley Securities, and Piper Sandler, there's an implied 2.16% upside for Reddit Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Reddit (NYSE:RDDT) was reported by Raymond James on January 21, 2025. The analyst firm set a price target for $200.00 expecting RDDT to rise to within 12 months (a possible 4.96% upside). 79 analyst firms have reported ratings in the last year.
The latest analyst rating for Reddit (NYSE:RDDT) was provided by Raymond James, and Reddit maintained their strong buy rating.
The last upgrade for Reddit Inc happened on December 9, 2024 when Morgan Stanley raised their price target to $200. Morgan Stanley previously had an equal-weight for Reddit Inc.
The last downgrade for Reddit Inc happened on July 16, 2024 when Loop Capital changed their price target from $75 to $75 for Reddit Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reddit, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Reddit was filed on January 21, 2025 so you should expect the next rating to be made available sometime around January 21, 2026.
While ratings are subjective and will change, the latest Reddit (RDDT) rating was a maintained with a price target of $150.00 to $200.00. The current price Reddit (RDDT) is trading at is $190.55, which is within the analyst’s predicted range.
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