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Reddit (RDDT) Stock Forecast, Price Target & Predictions

OverviewRevenueFinancialsChartTranscripts

RDDT Stock Forecast

Reddit stock forecast is as follows: an average price target of $108.93 (represents a -33.35% downside from RDDT’s last price of $163.44) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

RDDT Price Target

The average price target for Reddit (RDDT) is $108.93 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $200.00 to $50.00. This represents a potential -33.35% downside from RDDT's last price of $163.44.

RDDT Analyst Ratings

Buy

According to 19 Wall Street analysts, Reddit's rating consensus is 'Buy'. The analyst rating breakdown for RDDT stock is 1 'Strong Buy' (5.26%), 15 'Buy' (78.95%), 3 'Hold' (15.79%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Reddit Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 11, 2024Laura MartinNeedham$190.00$165.9214.51%16.25%
Dec 09, 2024Brian NowakMorgan Stanley$200.00$162.7622.88%22.37%
Dec 02, 2024Alan GouldLoop Capital Markets$180.00$137.5030.91%10.13%
Oct 30, 2024Laura MartinNeedham$120.00$113.775.48%-26.58%
Oct 30, 2024Rohit KulkarniRoth Capital$116.00$109.655.79%-29.03%
Oct 30, 2024Naved KhanB.Riley Financial$112.00$110.131.70%-31.47%
Oct 30, 2024Alan GouldLoop Capital Markets$120.00$109.819.28%-26.58%
Oct 30, 2024Thomas ChampionPiper Sandler$115.00$105.119.40%-29.64%
Oct 30, 2024Eric SheridanGoldman Sachs$105.00$81.7428.46%-35.76%
Oct 30, 2024Justin PostBank of America Securities$99.00$81.7421.12%-39.43%
Oct 21, 2024Naved KhanB.Riley Financial$87.00$79.389.60%-46.77%
Oct 21, 2024Ben BlackDeutsche Bank$85.00$80.905.07%-47.99%
Oct 07, 2024Doug AnmuthJ.P. Morgan$77.00$71.298.01%-52.89%
Sep 20, 2024Naved KhanB.Riley Financial$75.00$64.5616.17%-54.11%
Sep 11, 2024Eric SheridanGoldman Sachs$60.00$59.870.22%-63.29%
Aug 07, 2024Andrew BooneJMP Securities$84.00$50.3166.96%-48.60%
Aug 07, 2024Alan GouldLoop Capital Markets$80.00$54.3647.17%-51.05%
Aug 07, 2024Thomas ChampionPiper Sandler$70.00$54.3628.77%-57.17%
Aug 06, 2024Vasily KarasyovCannonball Research$67.00$54.7522.37%-59.01%
Aug 05, 2024Richard GreenfieldLightShed Partners$84.00$56.7048.16%-48.60%
Jul 31, 2024Josh BeckRaymond James$70.00$60.4815.75%-57.17%
Jul 26, 2024Rohit KulkarniRoth Capital$67.00$62.067.96%-59.01%
Jul 22, 2024Mark ShmulikBernstein$50.00$64.70-22.72%-69.41%
Jul 03, 2024Alan GouldLoop Capital Markets$75.00$73.512.03%-54.11%
Jun 18, 2024Laura MartinNeedham$75.00$60.2124.56%-54.11%
May 17, 2024Andrew BooneJMP Securities$63.00$56.3811.74%-61.45%
May 17, 2024Ben BlackDeutsche Bank$65.00$56.3815.29%-60.23%
May 08, 2024Eric SheridanGoldman Sachs$55.00$51.407.00%-66.35%
Apr 15, 2024Alan GouldLoop Capital Markets$55.00$42.2730.12%-66.35%
Apr 15, 2024Josh BeckRaymond James$50.00$42.2718.29%-69.41%
Apr 15, 2024Laura MartinNeedham$55.00$42.2730.12%-66.35%
Apr 15, 2024Ben BlackDeutsche Bank$50.00$42.2718.29%-69.41%
Apr 15, 2024Rohit KulkarniRoth Capital$50.00$42.2718.29%-69.41%
Apr 15, 2024Thomas ChampionPiper Sandler$50.00$42.2718.29%-69.41%
Apr 15, 2024Brian NowakMorgan Stanley$45.00$42.276.46%-72.47%
Apr 15, 2024Andrew BooneJMP Securities$53.00$42.2725.38%-67.57%
Apr 15, 2024Eric SheridanGoldman Sachs$40.00$42.27-5.37%-75.53%
Apr 04, 2024Mark ShmulikBernstein$40.00$46.99-14.88%-75.53%
Apr 03, 2024Colin SebastianRobert W. Baird$50.00$46.996.41%-69.41%
Mar 26, 2024Dan SalomonNew Street$54.00$70.45-23.35%-66.96%

The latest Reddit stock forecast, released on Dec 11, 2024 by Laura Martin from Needham, set a price target of $190.00, which represents a 14.51% increase from the stock price at the time of the forecast ($165.92), and a 16.25% increase from RDDT last price ($163.44).

Reddit Price Target by Period

1M3M12M
# Anlaysts31340
Avg Price Target$190.00$123.54$80.95
Last Closing Price$163.44$163.44$163.44
Upside/Downside16.25%-24.41%-50.47%

In the current month, the average price target of Reddit stock is $190.00, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 16.25% increase as opposed to Reddit's last price of $163.44. This month's average price target is up 53.80% compared to last quarter, and up 134.71% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 20, 2024GuggenheimBuyInitialise
Dec 11, 2024NeedhamBuyBuyHold
Dec 11, 2024Wells FargoOverweightInitialise
Dec 09, 2024Morgan StanleyOverweightOverweightUpgrade
Dec 02, 2024Loop Capital MarketsBuyBuyHold
Oct 30, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Oct 30, 2024Roth CapitalBuyBuyHold
Oct 30, 2024NeedhamBuyBuyHold
Oct 30, 2024Loop Capital MarketsBuyBuyHold
Oct 30, 2024Piper SandlerOverweightOverweightHold
Oct 30, 2024Bank of America SecuritiesNeutralNeutralHold
Oct 22, 2024JefferiesBuyBuyHold
Oct 21, 2024B. RileyBuyBuyHold
Oct 21, 2024Deutsche BankBuyBuyHold
Oct 14, 2024Goldman SachsNeutralNeutralHold
Oct 10, 2024Raymond JamesStrong BuyStrong BuyHold
Oct 09, 2024Roth CapitalMarket OutperformMarket OutperformHold
Oct 09, 2024Deutsche BankHoldHoldHold
Oct 09, 2024Morgan StanleyOverweightOverweightHold
Oct 09, 2024NeedhamBuyBuyHold
Oct 09, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
Oct 09, 2024JefferiesBuyInitialise
Sep 19, 2024B. RileyBuyInitialise
Sep 18, 2024Roth CapitalMarket OutperformMarket OutperformHold
Sep 11, 2024Goldman SachsBuyBuyHold
Aug 07, 2024Goldman SachsNeutralNeutralHold
Aug 07, 2024Loop Capital MarketsBuyBuyHold
Aug 07, 2024Piper SandlerOverweightOverweightHold
Aug 06, 2024Cannonball ResearchBuyInitialise
Aug 05, 2024LightShed PartnersBuyInitialise
Aug 01, 2024Loop Capital MarketsHoldBuyUpgrade
Jul 31, 2024Raymond JamesStrong BuyStrong BuyHold
Jul 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jul 22, 2024Piper SandlerMarket OutperformMarket OutperformHold
Jul 22, 2024BernsteinUnderperformUnderperformHold
Jul 16, 2024JMP SecuritiesOutperformOutperformHold
Jul 16, 2024Loop Capital MarketsBuyHoldDowngrade
Jul 03, 2024Loop Capital MarketsBuyBuyHold
Jun 24, 2024Deutsche BankBuyBuyHold
Jun 18, 2024Sandler O'NeillMarket OutperformMarket OutperformHold
Jun 18, 2024NeedhamBuyBuyHold
May 17, 2024JMP SecuritiesMarket OutperformMarket OutperformHold
May 17, 2024JMP SecuritiesOutperformOutperformHold
May 17, 2024CitigroupBuyBuyHold
May 09, 2024Deutsche BankBuyBuyHold
May 08, 2024Goldman SachsNeutralNeutralHold
May 06, 2024Bank of America SecuritiesNeutralNeutralHold
Apr 16, 2024Bank of America SecuritiesNeutralInitialise
Apr 15, 2024CitigroupBuyInitialise
Apr 15, 2024Loop Capital MarketsBuyInitialise
Apr 15, 2024Raymond JamesStrong BuyInitialise
Apr 15, 2024NeedhamBuyInitialise
Apr 15, 2024Deutsche BankBuyInitialise
Apr 15, 2024Piper SandlerOverweightInitialise
Apr 15, 2024Morgan StanleyEqual-WeightInitialise
Apr 15, 2024JMP SecuritiesMarket OutperformOutperformInitialise
Apr 15, 2024JMP SecuritiesMarket OutperformInitialise
Apr 15, 2024Goldman SachsNeutralInitialise
Apr 03, 2024BernsteinUnderperformInitialise
Mar 26, 2024New StreetNeutralInitialise

Reddit's last stock rating was published by Guggenheim on Dec 20, 2024. The company Initialise its RDDT rating from "null" to "Buy".

Reddit Financial Forecast

Reddit Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24
Revenue------------
Avg Forecast$639.11M$566.56M$476.19M$437.13M$510.00M$447.01M$382.71M$348.02M$402.04M$313.61M$253.86M$213.99M
High Forecast$668.72M$592.81M$498.25M$457.38M$533.62M$467.72M$400.44M$369.11M$436.57M$315.73M$253.86M$214.00M
Low Forecast$596.60M$528.88M$444.52M$408.06M$476.07M$417.28M$357.26M$321.99M$389.16M$311.50M$253.86M$213.99M
# Analysts99998881013766
Surprise %------------

Reddit's average Quarter revenue forecast for undefined based on undefined analysts is $NaN, with a low forecast of $NaN, and a high forecast of $NaN. RDDT's average Quarter revenue forecast represents a NaN% decrease compared to the company's last Quarter revenue of $NaN (undefined).

Reddit EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24
# Analysts99998881013766
EBITDA------------
Avg Forecast$-147.78M$-131.00M$-110.11M$-101.07M$-117.92M$-103.36M$-88.49M$-80.47M$-92.96M$-72.51M$-58.70M$-49.48M
High Forecast$-137.95M$-122.29M$-102.78M$-94.35M$-110.08M$-96.48M$-82.61M$-74.45M$-89.98M$-72.03M$-58.70M$-49.48M
Low Forecast$-154.62M$-137.07M$-115.21M$-105.76M$-123.39M$-108.15M$-92.59M$-85.35M$-100.94M$-73.00M$-58.70M$-49.48M
Surprise %------------

undefined analysts predict RDDT's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Reddit's previous annual EBITDA (undefined) of $NaN.

Reddit Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24
# Analysts99998881013766
Net Income------------
Avg Forecast$151.49M$117.93M$67.02M$31.90M$87.50M$48.61M$8.10M$-11.99M$44.28M$-13.96M$-61.30M$-1.68B
High Forecast$160.62M$125.03M$71.06M$33.82M$92.77M$51.53M$8.59M$2.40M$71.23M$-12.75M$-56.00M$-1.54B
Low Forecast$138.39M$107.74M$61.23M$29.14M$79.93M$44.40M$7.40M$-27.59M$30.80M$-14.80M$-64.99M$-1.78B
Surprise %------------

Reddit's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. RDDT's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Reddit SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24
# Analysts99998881013766
SG&A------------
Avg Forecast$342.98M$304.05M$255.55M$234.59M$273.69M$239.89M$205.39M$186.77M$215.76M$168.30M$136.23M$114.84M
High Forecast$358.87M$318.14M$267.39M$245.46M$286.37M$251.01M$214.90M$198.09M$234.29M$169.44M$136.23M$114.85M
Low Forecast$320.17M$283.83M$238.55M$218.99M$255.49M$223.94M$191.72M$172.80M$208.85M$167.17M$136.23M$114.84M
Surprise %------------

Reddit's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to RDDT last annual SG&A of $NaN (undefined).

Reddit EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24
# Analysts99998881013766
EPS------------
Avg Forecast$0.79$0.61$0.35$0.17$0.45$0.25$0.04$-0.06$0.23$-0.07$-0.32$-8.75
High Forecast$0.84$0.65$0.37$0.18$0.48$0.27$0.04$0.01$0.37$-0.07$-0.29$-8.00
Low Forecast$0.72$0.56$0.32$0.15$0.42$0.23$0.04$-0.14$0.16$-0.08$-0.34$-9.28
Surprise %------------

According to undefined Wall Street analysts, Reddit's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to RDDT previous annual EPS of $NaN (undefined).

RDDT Forecast FAQ

Is Reddit a good buy?

Yes, according to 19 Wall Street analysts, Reddit (RDDT) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 15 'Buy' recommendations, accounting for 84.21% of RDDT's total ratings.

What is RDDT's price target?

Reddit (RDDT) average price target is $108.93 with a range of $50 to $200, implying a -33.35% from its last price of $163.44. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Reddit stock go up soon?

According to Wall Street analysts' prediction for RDDT stock, the company can go down by -33.35% (from the last price of $163.44 to the average price target of $108.93), up by 22.37% based on the highest stock price target, and down by -69.41% based on the lowest stock price target.

Can Reddit stock reach $200?

RDDT's average twelve months analyst stock price target of $108.93 does not support the claim that Reddit can reach $200 in the near future.

What is Reddit's current price target trend?

3 Wall Street analysts forecast a $190 price target for Reddit (RDDT) this month, up 16.25% from its last price of $163.44. Compared to the last 3 and 12 months, the average price target decreased by -24.41% and decreased by -50.47%, respectively.

What are Reddit's analysts' financial forecasts?

Reddit's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.69B (high $1.77B, low $1.57B), average EBITDA is $-390M (high $-364M, low $-409M), average net income is $132.21M (high $155.29M, low $104.15M), average SG&A $905.74M (high $950.37M, low $843.95M), and average EPS is $0.687 (high $0.807, low $0.542). RDDT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.12B (high $2.22B, low $1.98B), average EBITDA is $-490M (high $-457M, low $-513M), average net income is $368.35M (high $390.53M, low $336.5M), average SG&A $1.14B (high $1.19B, low $1.06B), and average EPS is $1.92 (high $2.03, low $1.75).