Reddit Inc. Price Target Raised Amid Analyst Optimism
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 15 Jan 26
Source: Coinmarketcap
Reddit Inc. (RDDT) saw its stock price decline by 5.00% as it crossed below the 5-day SMA, reflecting a challenging trading session despite positive market conditions.
Analysts at Wells Fargo raised Reddit's price target to $207 from $186, maintaining an Equal Weight rating, citing favorable market conditions and expectations for solid fourth-quarter results. This optimism comes despite the stock's recent decline, indicating a divergence between market sentiment and stock performance.
The increase in price target suggests that analysts believe in Reddit's growth potential, particularly as user engagement continues to rise. However, the stock's current performance may reflect broader market dynamics rather than company-specific issues.
Analyst Views on RDDT
Wall Street analysts forecast RDDT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RDDT is 260.00 USD with a low forecast of 207.00 USD and a high forecast of 325.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
22 Analyst Rating
14 Buy
8 Hold
0 Sell
Moderate Buy
Current: 213.630
Low
207.00
Averages
260.00
High
325.00
Current: 213.630
Low
207.00
Averages
260.00
High
325.00
About RDDT
Reddit, Inc. operates a social platform, Reddit. Reddit is a community of communities. It is built on shared interests, passion, and trust and is home to open and authentic conversations on the Internet. Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging. Reddit has thousands of communities, endless conversations, and authentic human connections. Communities on Reddit are organized based on specific interests and are called subreddits. Reddit offers real-time access to evolving and dynamic topics, such as sports, movies, news, fashion, and the latest trends. On Reddit, users can submit, vote, and comment on the topics they care about. It has approximately 100,000+ active communities and approximately 101+ million daily active visitors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
