The latest price target for Reddit (NYSE:RDDT) was reported by Needham on August 8, 2024. The analyst firm set a price target for $75.00 expecting RDDT to rise to within 12 months (a possible 26.09% upside). 44 analyst firms have reported ratings in the last year.

The latest analyst rating for Reddit (NYSE:RDDT) was provided by Needham, and Reddit reiterated their buy rating.

The last upgrade for Reddit Inc happened on August 1, 2024 when Loop Capital raised their price target to $75. Loop Capital previously had a hold 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 August 8, 2024 so you should expect the next rating to be made available sometime around August 8, 2025.

While ratings are subjective and will change, the latest Reddit (RDDT) rating was a reiterated with a price target of $75.00 to $75.00. The current price Reddit (RDDT) is trading at is $59.48, which is out of the analyst’s predicted range.