Consensus Rating1
Buy
Highest Price Target1
$210.00
Lowest Price Target1
$54.00
Consensus Price Target1
$156.27

Reddit (NYSE:RDDT) Stock, Analyst Ratings, Price Targets, Forecasts

Quote.Descriptions.analyst-ratings.

Analyst Trends and Forecast
2
Sep 24
13
3
1
Oct 24
2
Nov 24
6
1
Dec 24
3
3
Jan
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.7
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

JMP Securities
Roth MKM
Raymond James
B. Riley Securities
Piper Sandler

1calculated from analyst ratings

Analyst Ratings for Reddit

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Reddit (RDDT) stock?

A

The latest price target for Reddit (NYSE:RDDT) was reported by JMP Securities on January 27, 2025. The analyst firm set a price target for $190.00 expecting RDDT to fall to within 12 months (a possible -5.26% downside). 81 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Reddit (RDDT)?

A

The latest analyst rating for Reddit (NYSE:RDDT) was provided by JMP Securities, and Reddit maintained their market outperform rating.

Q

When was the last upgrade for Reddit (RDDT)?

A

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.

Q

When was the last downgrade for Reddit (RDDT)?

A

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.

Q

When is the next analyst rating going to be posted or updated for Reddit (RDDT)?

A

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 27, 2025 so you should expect the next rating to be made available sometime around January 27, 2026.

Q

Is the Analyst Rating Reddit (RDDT) correct?

A

While ratings are subjective and will change, the latest Reddit (RDDT) rating was a maintained with a price target of $160.00 to $190.00. The current price Reddit (RDDT) is trading at is $200.54, which is out of the analyst’s predicted range.

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