Investment Analysts’ Recent Ratings Updates for Reddit (RDDT)

Reddit (NYSE: RDDT) has recently received a number of price target changes and ratings updates:

• 4/8/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/7/2026 – Reddit is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $149.00 price target on the stock.
• 4/7/2026 – Reddit had its price target lowered by Truist Financial Corporation from $275.00 to $260.00. They now have a “buy” rating on the stock.
• 4/2/2026 – Reddit had its price target lowered by Bank of America Corporation from $205.00 to $175.00. They now have a “neutral” rating on the stock.
• 3/31/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/23/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 3/15/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/10/2026 – Reddit had its price target lowered by Jefferies Financial Group Inc. from $285.00 to $250.00. They now have a “buy” rating on the stock.
• 3/7/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 2/14/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 2/9/2026 – Reddit was given a new $196.00 price target by Wells Fargo & Company.

Insider Activity

In related news, CEO Steve Ladd Huffman sold 18,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $132.77, for a total value of $2,389,860.00. Following the transaction, the chief executive officer directly owned 411,195 shares in the company, valued at approximately $54,594,360.15. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Sarah E. Farrell acquired 10,500 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average price of $132.26 per share, for a total transaction of $1,388,730.00. Following the completion of the transaction, the director owned 61,000 shares of the company’s stock, valued at $8,067,860. The trade was a 20.79% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 61,000 shares of company stock valued at $8,870,815 and sold 318,235 shares valued at $54,124,005. 34.25% of the stock is currently owned by corporate insiders.

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.