tiprankstipranks
Reddit Inc Class A (RDDT)
NYSE:RDDT
US Market

Reddit Inc Class A (RDDT) Stock Forecast & Price Target

898 Followers
See the Price Targets and Ratings of:

RDDT Analyst Ratings

Moderate Buy
16Ratings
9 Buy
6 Hold
1 Sell
Based on 16 analysts giving stock ratings to
Reddit
Inc Class A
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

RDDT Stock 12 Month Forecast

Average Price Target

$58.93
▼(-3.30% Downside)
Based on 16 Wall Street analysts offering 12 month price targets for Reddit Inc Class A in the last 3 months. The average price target is $58.93 with a high forecast of $70.00 and a low forecast of $45.00. The average price target represents a -3.30% change from the last price of $60.94.
{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"44":"$44","71":"$71","50.75":"$50.8","57.5":"$57.5","64.25":"$64.3"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":70,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n  <span style=\"color:#199ca5\">$70.00</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":58.93,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n  <span style=\"color:#828080\">$58.93</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":45,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n  <span style=\"color:#912767\">$45.00</span>\n  </div></div>","useHTML":true}}],"tickPositions":[44,50.75,57.5,64.25,71],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Oct<br/>2023","6":"Jan<br/>2024","9":"Mar<br/>2024","12":"Jun<br/>2024","25":"Jun<br/>2025"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,59.8,60.58461538461538,61.36923076923077,62.15384615384615,62.93846153846154,63.723076923076924,64.50769230769231,65.29230769230769,66.07692307692308,66.86153846153846,67.64615384615385,68.43076923076923,69.21538461538461,{"y":70,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,59.8,59.73307692307692,59.66615384615385,59.599230769230765,59.53230769230769,59.465384615384615,59.39846153846154,59.33153846153846,59.26461538461538,59.19769230769231,59.13076923076923,59.06384615384615,58.996923076923075,{"y":58.93,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,59.8,58.661538461538456,57.52307692307692,56.38461538461538,55.246153846153845,54.107692307692304,52.96923076923077,51.83076923076923,50.69230769230769,49.55384615384615,48.41538461538462,47.276923076923076,46.13846153846154,{"y":45,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":46,"date":1688169600000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1690848000000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1693526400000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1696118400000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1698796800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1701388800000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1704067200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1706745600000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":46,"date":1709251200000,"info":"<div class=\"mt2 colorgray-1\">\n          No historical consensus available\n      </div>","marker":{"enabled":true,"symbol":"circle"}},{"y":49.32,"date":1711670400000,"info":" <span style=\"color:#828080\" class=\"mb3 mt2 fonth8_semibold\"> Hold</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#828080","enabled":true,"symbol":"circle"}},{"y":47.56,"date":1712275200000,"info":" <span style=\"color:#912767\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Sell</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 0,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#912767","enabled":true,"symbol":"circle"}},{"y":46.64,"date":1714694400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":59.8,"date":1717718400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Moderate Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 8,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}
Highest Price Target$70.00Average Price Target$58.93Lowest Price Target$45.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Robert W. Baird
$59.00
Hold
-3.18%
Downside
Reiterated
05/07/24
Maintaining Hold on Reddit Inc Class A Amid Q1 Success and Cautious Q2 Outlook
Raymond James
$65.00
Buy
6.66%
Upside
Reiterated
05/07/24
Buy Rating Affirmed for Reddit Inc Class A on Strong Growth and User Engagement
Bernstein
$45.00
Sell
-26.16%
Downside
Assigned
05/07/24
Recommendation to Sell: Concerns Over the Sustainability of Reddit Inc's Performance and Valuation
Morgan Stanley
$45.00
Hold
-26.16%
Downside
Assigned
04/15/24
Equal-weight Rating on Reddit, Inc. Class A: Balancing Growth Potential Against Fair Valuation
New Street
$54.00
Hold
-11.39%
Downside
Initiated
03/26/24
Reddit initiated with a Neutral at New StreetReddit initiated with a Neutral at New Street

Best Analysts Covering Reddit Inc Class A

Which Analyst Should I Follow If I Want to Buy RDDT and Sell After:
1 Month
Josh BeckRaymond James
Success Rate
2/2 ratings generated profit
100%
Average Return
+30.95%
reiterated a buy rating last month
Copying Josh Beck's trades and holding each position for 1 Month would result in 100.00% of your transactions generating a profit, with an average return of +30.95% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
3 Months
Josh BeckRaymond James
Success Rate
2/2 ratings generated profit
100%
Average Return
+26.20%
reiterated a buy rating last month
Copying Josh Beck's trades and holding each position for 3 Months would result in 100.00% of your transactions generating a profit, with an average return of +26.20% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
1 Year
Josh BeckRaymond James
Success Rate
2/2 ratings generated profit
100%
Average Return
+26.20%
reiterated a buy rating last month
Copying Josh Beck's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +26.20% per trade.
2 Years
Josh BeckRaymond James
Success Rate
2/2 ratings generated profit
100%
Average Return
+26.20%
reiterated a buy rating last month
Copying Josh Beck's trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +26.20% per trade.
dummydummy
Success Rate
0/0 ratings generated profit
0%
Average Return
0.00%
a rating ―
Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.
Premium Content
Find out which analyst has the highest Average Return & Success Rate
Go Premium
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

RDDT Analyst Recommendation Trends

Rating
Mar 24
Apr 24
May 24
Strong Buy
0
0
0
Buy
0
9
22
Hold
1
6
10
Sell
0
1
2
Strong Sell
0
0
0
total
1
16
34
In the current month, RDDT has received 22 Buy Ratings, 10 Hold Ratings, and 2 Sell Ratings. RDDT average Analyst price target in the past 3 months is $58.93.
Each month's total comprises the sum of three months' worth of ratings.
Stocks with the Highest Top Analyst Consensus in the General Sector
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
xxxxxxxxxxxxxxx
Find stocks in the General sector that are highly recommended by Top Performing Analysts.

RDDT Financial Forecast

RDDT Earnings Forecast

Next quarter’s earnings estimate for RDDT is -$8.75 with a range of -$8.98 to -$8.68. The previous quarter’s EPS was -$8.19. RDDT beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 56.52% of the time in the same period. In the last calendar year RDDT has Outperformed its overall industry.
Next quarter’s earnings estimate for RDDT is -$8.75 with a range of -$8.98 to -$8.68. The previous quarter’s EPS was -$8.19. RDDT beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 56.52% of the time in the same period. In the last calendar year RDDT has Outperformed its overall industry.

RDDT Sales Forecast

Next quarter’s sales forecast for RDDT is $213.99M with a range of $210.36M to $229.00M. The previous quarter’s sales results were $242.96M. RDDT beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 70.31% of the time in the same period. In the last calendar year RDDT has Outperformed its overall industry.
Next quarter’s sales forecast for RDDT is $213.99M with a range of $210.36M to $229.00M. The previous quarter’s sales results were $242.96M. RDDT beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 70.31% of the time in the same period. In the last calendar year RDDT has Outperformed its overall industry.

RDDT Stock Forecast FAQ

What is RDDT’s average 12-month price target, according to analysts?
Based on analyst ratings, Reddit Inc Class A’s 12-month average price target is $58.93.
    What is RDDT’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for RDDT, based on the analysts’ average price target.
    Can I see which stocks the top-ranking analysts are rating?
    Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
      How can I follow the stock ratings of top Wall Street analysts?
      Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
        Is RDDT a Buy, Sell or Hold?
        Reddit Inc Class A has a consensus rating of Moderate Buy which is based on 9 buy ratings, 6 hold ratings and 1 sell ratings.
          What is Reddit Inc Class A’s price target?
          The average price target for Reddit Inc Class A is $58.93. This is based on 16 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst price target is $70.00 ,the lowest forecast is $45.00. The average price target represents -3.30% Decrease from the current price of $60.94.
            What do analysts say about Reddit Inc Class A?
            Reddit Inc Class A’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 16 Wall Streets Analysts.
              How can I buy shares of RDDT?
              Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
                What's Included in PREMIUM?
                Make informed decisions based on Top Analysts' activity
                Know what industry insiders are buying
                Get actionable alerts from top Wall Street Analysts
                Find out before anyone else which stock is going to shoot up
                Get powerful stock screeners & detailed portfolio analysis