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Reddit (RDDT) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

RDDT Stock Forecast

Reddit (RDDT) stock forecast, based on 19 Wall Street analysts, predicts a 12-month average price target of $122.77, with a high of $200.00 and a low of $67.00. This represents a -42.98% decline from the last price of $215.31.

- $50 $100 $150 $200 $250 High: $200 Avg: $122.77 Low: $67 Last Closed Price: $215.31

RDDT Stock Rating

Reddit stock's rating consensus is Buy, based on 19 Wall Street analysts. The breakdown includes 1 Strong Buy (5.26%), 15 Buy (78.95%), 3 Hold (15.79%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 19 0 3 15 1 Strong Sell Sell Hold Buy Strong Buy

RDDT Price Target Upside V Benchmarks

TypeNameUpside
StockReddit-42.98%
SectorCommunication Services Stocks 2.01%
IndustryInternet Content & Information Stocks -2.88%

Price Target Trends

1M3M12M
# Anlaysts1441
Avg Price Target$197.00$191.75$83.78
Last Closing Price$215.31$215.31$215.31
Upside/Downside-8.50%-10.94%-61.09%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25486-119
Jan, 25586-120
Dec, 24586-120
Nov, 24466-117
Oct, 24486-119
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 14, 2025Thomas ChampionPiper Sandler$197.00$172.3214.32%-8.50%
Dec 11, 2024Laura MartinNeedham$190.00$165.9214.51%-11.76%
Dec 09, 2024Brian NowakMorgan Stanley$200.00$162.7622.88%-7.11%
Dec 02, 2024Alan GouldLoop Capital Markets$180.00$137.5030.91%-16.40%
Oct 30, 2024Laura MartinNeedham$120.00$113.775.48%-44.27%
Oct 30, 2024Rohit KulkarniRoth Capital$116.00$109.655.79%-46.12%
Oct 30, 2024Naved KhanB.Riley Financial$112.00$110.131.70%-47.98%
Oct 30, 2024Alan GouldLoop Capital Markets$120.00$109.819.28%-44.27%
Oct 30, 2024Thomas ChampionPiper Sandler$115.00$105.129.40%-46.59%
Oct 30, 2024Eric SheridanGoldman Sachs$105.00$81.7428.46%-51.23%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Jan 21, 2025Raymond JamesStrong BuyStrong Buyhold
Jan 14, 2025B. RileyBuyBuyhold
Jan 14, 2025Piper SandlerOverweightOverweighthold
Dec 20, 2024GuggenheimBuyinitialise
Dec 11, 2024NeedhamBuyBuyhold
Dec 11, 2024Wells FargoOverweightinitialise
Dec 09, 2024Morgan StanleyOverweightOverweightupgrade
Dec 02, 2024Loop Capital MarketsBuyBuyhold
Oct 30, 2024Roth CapitalBuyBuyhold
Oct 30, 2024Loop Capital MarketsBuyBuyhold

Financial Forecast

EPS Forecast

$-4 $-3 $-2 $-1 $0 $1 $2 $3 $4 $5 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-1.54-----
Avg Forecast$-1.54$-3.86$0.84$1.87$3.11$4.54
High Forecast$-1.68$-3.96$0.44$0.88$1.75$4.02
Low Forecast$-1.36$-3.60$1.02$3.04$4.51$4.96
Surprise %------

Revenue Forecast

$500M $1B $2B $3B $3B $4B Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$804.03M-----
Avg Forecast$804.03M$1.28B$1.74B$2.24B$2.76B$3.63B
High Forecast$733.06M$1.27B$1.59B$2.23B$2.75B$3.31B
Low Forecast$861.73M$1.31B$1.86B$2.25B$2.78B$3.89B
Surprise %------

Net Income Forecast

$-250M $-140M $-30M $80M $190M $300M Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$-90.82M-----
Avg Forecast$-90.82M$-223.58M$43.31M$115.75M$185.06M$268.49M
High Forecast$-99.30M$-234.17M$26.31M$51.98M$103.66M$237.68M
Low Forecast$-80.40M$-213.00M$60.31M$179.51M$266.46M$293.53M
Surprise %------

RDDT Forecast FAQ

Is Reddit stock a buy?

Reddit stock has a consensus rating of Buy, based on 19 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 15 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Reddit is a favorable investment for most analysts.

What is Reddit's price target?

Reddit's price target, set by 19 Wall Street analysts, averages $122.77 over the next 12 months. The price target range spans from $67 at the low end to $200 at the high end, suggesting a potential -42.98% change from the previous closing price of $215.31.

How does Reddit stock forecast compare to its benchmarks?

Reddit's stock forecast shows a -42.98% downside, underperforming the average forecast for the communication services stocks sector (2.01%) and underperforming the internet content & information stocks industry (-2.88%).

What is the breakdown of analyst ratings for Reddit over the past three months?

  • February 2025: 21.05% Strong Buy, 42.11% Buy, 31.58% Hold, 0% Sell, 5.26% Strong Sell.
  • January 2025: 25.00% Strong Buy, 40.00% Buy, 30.00% Hold, 0% Sell, 5.00% Strong Sell.
  • December 2024: 25.00% Strong Buy, 40.00% Buy, 30.00% Hold, 0% Sell, 5.00% Strong Sell.

What is Reddit’s EPS forecast?

Reddit's average annual EPS forecast for its fiscal year ending in December is $-3.86 for 2024, a 150.65% increase from the reported $-1.54 in 2023. The prediction for 2025 is $0.84, $1.87 for 2026, $3.11 for 2027, and $4.54 for 2028.

What is Reddit’s revenue forecast?

Reddit's average annual revenue forecast for its fiscal year ending in December is $1.28B for 2024, a 59.05% increase from the reported $804.03M in 2023. The forecast for 2025 is $1.74B, $2.24B for 2026, $2.76B for 2027, and $3.63B for 2028.

What is Reddit’s net income forecast?

For its fiscal year ending in December, Reddit's average annual net income forecast is $-224M for 2024, reflecting an 146.17% increase from the reported $-90.824M in 2023. The projection for 2025 is $43.31M, $115.75M for 2026, $185.06M for 2027, and $268.49M for 2028.