Markets closed

Reddit, Inc.

RDDT · NYSE

Analyst Consensus

Buy

0 analysts

$162

Current

—

Low

$210

Average

—

High

Average target implies +29.63% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is labeled Buy, but it credits zero analysts, so there is no meaningful analyst count behind the rating. The only reported target statistic is a mean of $213; low and high targets are unavailable, preventing a calculation of target clustering or spread. No named analyst is identified as the most or least bullish, and the evidence provides no attributable target revisions or direction of changes during the week. The substantive disagreement visible in the supplied research is between Reddit’s strong advertising, revenue, and profitability growth and concerns about declining U.S. daily users, search-traffic volatility, and a potentially vulnerable revenue stream. Those operating questions, rather than documented target dispersion, explain the mixed post-earnings interpretation.

Rating Actions

No individual rating actions have been captured for RDDTyet. Consensus figures above come from Nasdaq's aggregate feed.

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Symbol: RDDT
Type: Stock
Sector: Technology
Industry: Services-Computer Processing & Data Preparation
Exchange: NYSE

Reddit is a community of communities. Built on shared interests and passions, it is home to the most open and authentic conversations online. Every day, millions of people post, vote, comment, and search for answers across nearly every topic imaginable, and brands build trusted relationships with their audiences. With 26+ billion posts and comments and more than 130 million daily active uniques, Reddit is one of the internet's largest sources of information. Learn more at www.redditinc.com . The Reddit app is available on the App Store and Google Play.

Key Issues

Bullish view

Advertising sales rose 64% in the second quarter, while total revenue increased 61% to $805 million. That growth suggests Reddit can continue improving monetization even if some user metrics fluctuate.

Bearish view

U.S. daily users went backward despite the earnings beat, and search-traffic volatility weighed on the shares. Weaker daily engagement could limit advertising growth and undermine the platform’s monetization trajectory.

Analyst Consensus

See all

Buy

0 analysts

$162

Current

—

Low

$210

Average

—

High

Average target implies +29.63% versus the current price.

Earnings History

BeatMissNo estimate

Reddit, Inc.

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Peers