Reddit (RDDT)

• Market cap: $50.7B
• 1 day: 1.59%
• 5 days: 3.24%
• 1 month: 11.97%
• 3 months: 91.78%
• 6 months: 145.88%
• Year to date: 63.17%
• 1 year: 325.24%
• 5 years: 436.7%
• 10 years: 436.7%
• Sector: Communication Services
• Industry: Internet Content & Information

About: Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.

Employees: 2,233

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

79% more call options, than puts

Call options by funds: $3.29B | Put options by funds: $1.84B

61% more first-time investments, than exits

New positions opened: 183 | Existing positions closed: 114

56% more capital invested

Capital invested by funds: $10.6B [Q1] → $16.5B (+$5.9B) [Q2]

38% more repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 159

14% more funds holding in top 10

Funds holding in top 10: 14 [Q1] → 16 (+2) [Q2]

11% more funds holding

Funds holding: 559 [Q1] → 622 (+63) [Q2]

4.15% more ownership

Funds ownership: 80.35% [Q1] → 84.5% (+4.15%) [Q2]

Research analyst outlook

16 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $118
• Avg. target: $217
• High target: $300

16 analyst ratings

• positive: 9 56%
• neutral: 7 44%
• negative: 0 0%

JMP Securities Andrew Boone	$300	Market Outperform Maintained	18 Sep 2025
Piper Sandler Thomas Champion	$290	Overweight Maintained	18 Sep 2025
Oppenheimer Jason Helfstein	$300	Outperform Maintained	16 Sep 2025
Needham Laura Martin	$300	Buy Maintained	15 Sep 2025
Jefferies John Colantuoni	$300	Buy Maintained	10 Sep 2025