216.51 USD
-4.65
2.10%
At close Feb 6, 4:00 PM EST
Pre-market
217.40
+0.89
0.41%
1 day
-2.10%
5 days
7.27%
1 month
20.63%
3 months
78.82%
6 months
298.29%
Year to date
30.50%
1 year
329.24%
5 years
329.24%
10 years
329.24%
 

About: Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 16 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

418% more repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 17

344% more first-time investments, than exits

New positions opened: 142 | Existing positions closed: 32

149% more capital invested

Capital invested by funds: $2.05B [Q2] → $5.1B (+$3.05B) [Q3]

111% more funds holding in top 10

Funds holding in top 10: 9 [Q2] → 19 (+10) [Q3]

61% more funds holding

Funds holding: 175 [Q2] → 282 (+107) [Q3]

15% more call options, than puts

Call options by funds: $249M | Put options by funds: $216M

9.39% more ownership

Funds ownership: 72.11% [Q2] → 81.49% (+9.39%) [Q3]

Research analyst outlook

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

Low target
$160
26%
downside
Avg. target
$190
12%
downside
High target
$210
3%
downside

16 analyst ratings

12 positive
75%
neutral
25%
negative
0%
JMP Securities
Andrew Boone
79% 1-year accuracy
70 / 89 met price target
12%downside
$190
Market Outperform
Reiterated
29 Jan 2025
JMP Securities
Greg Miller
0 / 0 met price target
12%downside
$190
Market Outperform
Maintained
27 Jan 2025
Roth MKM
Rohit Kulkarni
94% 1-year accuracy
30 / 32 met price target
10%downside
$195
Neutral
Downgraded
22 Jan 2025
Raymond James
Josh Beck
82% 1-year accuracy
18 / 22 met price target
8%downside
$200
Strong Buy
Maintained
21 Jan 2025
B. Riley Securities
Naved Khan
72% 1-year accuracy
18 / 25 met price target
14%downside
$187
Buy
Maintained
14 Jan 2025

Financial journalist opinion

Based on 28 articles about RDDT published over the past 30 days

Positive
Benzinga
21 hours ago
Reddit's Stock Soars Even As Musk-Related Tensions Rise
Reddit Inc. RDDT has been riding a bullish wave, surging 338.46% in the past year, 33.30% year-to-date, and 23.22% over the past month.
Reddit's Stock Soars Even As Musk-Related Tensions Rise
Neutral
Schaeffers Research
1 day ago
3 Social Media Stocks to Watch Besides Meta
Meta Platforms (META) has been gaining a lot of attention since CEO Mark Zuckerberg attended President Donald Trump's inauguration, but it is not the only social media stock worth monitoring.
3 Social Media Stocks to Watch Besides Meta
Positive
Seeking Alpha
2 days ago
Reddit Q4 Preview: Up 200%, And Still Room To Run
Reddit's stock has surged 22% since December, outperforming the S&P 500 by 17x, as I was bullish on its strong Advertising and Data Licensing growth and expanding margins. Its Q3 FY24 saw revenue of $348.4M, a 68% YoY increase, with Advertising Revenue contributing 90% and Data Licensing growing 547% YoY due to new partnerships. Despite risks like global liquidity and tariffs, Reddit's consistent earnings beats and raised guidance justify a new price target of $275, a 32% upside.
Reddit Q4 Preview: Up 200%, And Still Room To Run
Positive
Seeking Alpha
2 days ago
Reddit: Update On My Top Conviction Pick Amidst Tech Bubble (Rating Downgrade)
Reddit has surged nearly 200% since I named it a high-conviction pick, driven by generative AI-powered translations and impressive revenue growth. The company has shown a knack for crushing guidance and consensus estimates by wide margins. Tech stocks look bubbly again, and it's time for another look at Reddit stock.
Reddit: Update On My Top Conviction Pick Amidst Tech Bubble (Rating Downgrade)
Negative
Seeking Alpha
4 days ago
Reddit: Market Overestimates AI Data Licensing's Long-Term Value
Reddit's Q3 showed strong growth (revenue +68% Y/Y, DAUq +47%), turning profitable with $29.9M net income. AI data licensing contributed $33.2M, marking a new revenue stream. While the AI training data market could reach $8B by 2030, RDDT's potential 5% share ($400M) faces risks from competition, user backlash, and contract uncertainties. DCF analysis reveals that the current $35B valuation implies an unsustainable 40% annual revenue growth over nine years. Even with a 25% FCF margin, it still needs 30% growth.
Reddit: Market Overestimates AI Data Licensing's Long-Term Value
Neutral
Zacks Investment Research
6 days ago
Reddit Inc. (RDDT) Ascends While Market Falls: Some Facts to Note
Reddit Inc. (RDDT) reachead $199.55 at the closing of the latest trading day, reflecting a +0.31% change compared to its last close.
Reddit Inc. (RDDT) Ascends While Market Falls: Some Facts to Note
Negative
Seeking Alpha
1 week ago
Reddit: It's Time To Sell, Animal Spirits Have Taken Over (Rating Downgrade)
Reddit, Inc.'s stock has surged over 4x in the past year, but its valuation is now unsustainable, prompting my downgrade to a sell rating. Reddit has soared to an ~18x forward revenue multiple, twice the valuation of Meta. The company could see a deceleration in revenue growth as its U.S. user base saturates, and as its international push leads to lower ARPUs.
Reddit: It's Time To Sell, Animal Spirits Have Taken Over (Rating Downgrade)
Positive
The Motley Fool
1 week ago
Prediction: Reddit Will Beat the Market. Here's Why.
Over the course of 2024, the S&P 500 index generated a return of 17.7%. That represented an above-average year for the benchmark index.
Prediction: Reddit Will Beat the Market. Here's Why.
Positive
The Motley Fool
1 week ago
Up 22% to 273%, There's Still Time to Buy These 3 Stocks
Investors have enjoyed a decent start to 2025 as the major stock market indexes have advanced in unison so far. As of this writing, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average are up 2.9%, 2.3%, and 3.6%, respectively.
Up 22% to 273%, There's Still Time to Buy These 3 Stocks
Positive
The Motley Fool
1 week ago
2 Unstoppable Growth Stocks for 2025 and Beyond
Growth stocks usually don't look like bargains on the surface. Arm Holdings (ARM -2.43%) and Reddit (RDDT 0.23%) are certainly pricey, but both have unique advantages that bode well for the future.
2 Unstoppable Growth Stocks for 2025 and Beyond
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