Reddit Inc Class A (RDDT) Stock Forecast & Price Target
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See the Price Targets and Ratings of:
RDDT Analyst Ratings
Moderate Buy
Moderate Buy
12 Buy
8 Hold
1 Sell
Based on 21 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
$218.62
▲(33.47% Upside)
Based on 21 Wall Street analysts offering 12 month price targets for Reddit Inc Class A in the last 3 months. The average price target is $218.62 with a high forecast of $300.00 and a low forecast of $110.00. The average price target represents a 33.47% change from the last price of $163.80.
Analysts Have Conflicting Sentiments on These Communication Services Companies: Cineplex (Other OTC: CPXGF), Reddit Inc Class A (NYSE: RDDT) and Groupon (NASDAQ: GRPN)
Analysts Offer Insights on Communication Services Companies: Roku (NASDAQ: ROKU), Reddit Inc Class A (NYSE: RDDT) and Sirius XM Holdings (NASDAQ: SIRI)
Analysts' Opinions Are Mixed on These Communication Services Stocks: IMAX (NYSE: IMAX), Reddit Inc Class A (NYSE: RDDT) and Sirius XM Holdings (NASDAQ: SIRI)
Analysts Have Conflicting Sentiments on These Communication Services Companies: Cineplex (Other OTC: CPXGF), Reddit Inc Class A (NYSE: RDDT) and Groupon (NASDAQ: GRPN)
Analysts Offer Insights on Communication Services Companies: Roku (NASDAQ: ROKU), Reddit Inc Class A (NYSE: RDDT) and Sirius XM Holdings (NASDAQ: SIRI)
Analysts' Opinions Are Mixed on These Communication Services Stocks: IMAX (NYSE: IMAX), Reddit Inc Class A (NYSE: RDDT) and Sirius XM Holdings (NASDAQ: SIRI)
Stocks with the Highest Top Analyst Consensus in the Communication Services Sector
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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
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
13
14
17
10
9
Buy
13
9
2
9
11
Hold
15
16
20
15
13
Sell
0
0
1
1
1
Strong Sell
0
0
0
0
0
total
41
39
40
35
34
In the current month, RDDT has received 20Buy Ratings, 13Hold Ratings, and 1Sell Ratings. RDDT average Analyst price target in the past 3 months is 218.62.
Each month's total comprises the sum of three months' worth of ratings.
RDDT Financial Forecast
RDDT Earnings Forecast
Next quarter’s earnings estimate for RDDT is $0.94 with a range of $0.80 to $1.16. The previous quarter’s EPS was $1.01. RDDT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.72% of the time in the same period. In the last calendar year RDDT has Performed in-line its overall industry.
Next quarter’s earnings estimate for RDDT is $0.94 with a range of $0.80 to $1.16. The previous quarter’s EPS was $1.01. RDDT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.72% of the time in the same period. In the last calendar year RDDT has Performed in-line its overall industry.
RDDT Sales Forecast
Next quarter’s sales forecast for RDDT is $729.21M with a range of $720.00M to $782.80M. The previous quarter’s sales results were $663.41M. RDDT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.17% of the time in the same period. In the last calendar year RDDT has Performed in-line its overall industry.
Next quarter’s sales forecast for RDDT is $729.21M with a range of $720.00M to $782.80M. The previous quarter’s sales results were $663.41M. RDDT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.17% of the time in the same period. In the last calendar year RDDT has Performed in-line 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 218.62.
What is RDDT’s upside potential, based on the analysts’ average price target?
Reddit, Inc. Class A has 33.47% upside potential, 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 12 buy ratings, 8 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 218.62. This is based on 21 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $300.00 ,the lowest forecast is $110.00. The average price target represents 33.47% Increase from the current price of $163.8.
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 21 Wall Streets Analysts.
How can I buy shares of RDDT?
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