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Reddit Corp has a consensus price target of $567.61 based on the ratings of 38 analysts. The high is $1350 issued by HSBC on May 10, 2024<. The low is $100 issued by Deutsche Bank on August 5, 2024. The 3 most-recent analyst ratings were released by New Street Research, Goldman Sachs, and Deutsche Bank on August 6, 2024, August 5, 2024, and August 5, 2024, respectively. With an average price target of $118.33 between New Street Research, Goldman Sachs, and Deutsche Bank, there's an implied 0.21% upside for Reddit Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Reddit (NYSE:RDDT) was reported by Piper Sandler on February 21, 2025. The analyst firm set a price target for $220.00 expecting RDDT to rise to within 12 months (a possible 33.98% upside). 95 analyst firms have reported ratings in the last year.
The latest analyst rating for Reddit (NYSE:RDDT) was provided by Piper Sandler, and Reddit maintained their overweight 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 January 22, 2025 when Roth MKM changed their price target from $116 to $195 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 February 21, 2025 so you should expect the next rating to be made available sometime around February 21, 2026.
While ratings are subjective and will change, the latest Reddit (RDDT) rating was a maintained with a price target of $210.00 to $220.00. The current price Reddit (RDDT) is trading at is $164.20, which is out of the analyst’s predicted range.
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