Reddit Inc. (NYSE:RDDT) Given Average Rating of “Moderate Buy” by Analysts

Shares of Reddit Inc. (NYSE:RDDT) have received an average recommendation of “Moderate Buy” from the thirty analysts that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation, sixteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $245.1786.

Several equities analysts recently issued reports on the company. Citigroup raised their price objective on Reddit from $250.00 to $265.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Sanford C. Bernstein increased their target price on shares of Reddit from $190.00 to $210.00 and gave the stock a “market perform” rating in a report on Friday, October 31st. China Renaissance started coverage on shares of Reddit in a research report on Tuesday, December 9th. They issued a “buy” rating and a $300.00 price target on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Reddit in a report on Wednesday, October 1st. Finally, Raymond James Financial reiterated a “strong-buy” rating and set a $250.00 price objective (up previously from $225.00) on shares of Reddit in a research note on Monday, October 20th.

Insiders Place Their Bets

In other Reddit news, COO Jennifer L. Wong sold 27,159 shares of the firm’s stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $225.73, for a total value of $6,130,601.07. Following the sale, the chief operating officer directly owned 1,157,369 shares in the company, valued at approximately $261,252,904.37. This trade represents a 2.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Benjamin Seong Lee sold 3,320 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $260.22, for a total transaction of $863,930.40. Following the transaction, the insider directly owned 62,608 shares of the company’s stock, valued at approximately $16,291,853.76. This trade represents a 5.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 509,511 shares of company stock worth $111,394,344. 34.25% of the stock is currently owned by insiders.

Institutional Trading of Reddit

Hedge funds have recently bought and sold shares of the company. Raiffeisen Bank International AG acquired a new stake in shares of Reddit in the third quarter valued at approximately $25,000. GW&K Investment Management LLC bought a new position in Reddit in the 3rd quarter worth approximately $30,000. Cornerstone Planning Group LLC increased its position in Reddit by 13,500.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock valued at $31,000 after acquiring an additional 135 shares during the period. LOM Asset Management Ltd acquired a new stake in Reddit in the 4th quarter valued at approximately $33,000. Finally, Financial Perspectives Inc bought a new stake in Reddit during the 2nd quarter valued at $34,000.

Reddit Stock Performance

NYSE:RDDT opened at $218.47 on Friday. The company has a market capitalization of $41.40 billion, a price-to-earnings ratio of 125.56, a price-to-earnings-growth ratio of 1.49 and a beta of 2.17. Reddit has a one year low of $79.75 and a one year high of $282.95. The stock has a 50-day simple moving average of $225.46 and a 200 day simple moving average of $213.00.

Reddit (NYSE:RDDT) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.30. The firm had revenue of $584.91 million for the quarter, compared to analysts’ expectations of $546.65 million. Reddit had a return on equity of 14.94% and a net margin of 18.33%.Reddit’s revenue for the quarter was up 67.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 earnings per share. On average, equities research analysts forecast that Reddit will post 1.12 EPS for the current fiscal year.

Reddit News Summary

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Guggenheim reaffirmed a “buy” and set a $245 price target, implying meaningful upside from current levels and providing concrete analyst support for the rally. Guggenheim Buy Rating / Benzinga
• Positive Sentiment: A bullish Seeking Alpha note draws parallels between Reddit’s current monetization and early-2012 Facebook, projecting large upside if user and ARPU trends persist — a narrative that fuels long-term growth expectations. Reddit: Parallels To 2012 Facebook
• Positive Sentiment: High-visibility endorsements — notably Jim Cramer saying he “likes the company right here” and articles highlighting reasons investors favor Reddit — are lifting sentiment among retail investors. Jim Cramer Likes Reddit
• Neutral Sentiment: Analyst commentary is shifting: some pieces describe a rewriting of the price-target narrative as new estimates and multipliers are debated — this limits volatility but keeps the stock sensitive to upgrades/downgrades. Shifting Price Target Narrative / Yahoo Finance
• Neutral Sentiment: Valuation checks after recent share swings highlight high P/E and expected EPS growth; these analyses frame upside scenarios but also underline sensitivity to execution and ARPU trajectory. Valuation Check / Yahoo Finance
• Negative Sentiment: Insider selling by COO Jennifer L. Wong (multiple filings showing sizable share disposals) has weighed on sentiment and was cited as a driver of earlier price weakness; investors watch whether sales continue. COO Insider Sale / SEC Filing
• Negative Sentiment: Coverage noting a pullback tied to insider selling (reported ~4.4% drop) underscores short-term downside risk if sentiment flips or if growth guidance disappoints. Stock Down on Insider Selling / American Banking News
• Negative Sentiment: Critical analysis warns Reddit must grow at Meta-like scale to justify rich multiples and notes tougher competitive/monetization challenges, keeping execution risk top of mind for investors. Growth Challenges / Seeking Alpha

Reddit Company Profile

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.