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

Shares of Reddit Inc. (NYSE:RDDT) have been given a consensus rating of “Moderate Buy” by the twenty-nine ratings firms that are currently covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $230.28.

Several equities research analysts recently issued reports on the company. Morgan Stanley reiterated an “overweight” rating and set a $250.00 price target on shares of Reddit in a report on Friday, October 31st. Weiss Ratings reiterated a “hold (c-)” rating on shares of Reddit in a report on Monday. Bank of America upped their price objective on shares of Reddit from $180.00 to $210.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. B. Riley reissued a “buy” rating and set a $245.00 target price (up previously from $235.00) on shares of Reddit in a research report on Friday, October 31st. Finally, Truist Financial set a $270.00 price target on Reddit in a research report on Friday, October 31st.

Insider Activity

In related news, CEO Steve Ladd Huffman sold 18,000 shares of the firm’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $220.28, for a total transaction of $3,965,040.00. Following the completion of the sale, the chief executive officer owned 448,576 shares in the company, valued at approximately $98,812,321.28. This trade represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CTO Christopher Brian Slowe sold 14,000 shares of the stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $233.53, for a total transaction of $3,269,420.00. Following the transaction, the chief technology officer directly owned 171,694 shares of the company’s stock, valued at $40,095,699.82. This represents a 7.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 461,333 shares of company stock worth $96,309,724. 34.25% of the stock is owned by insiders.

Hedge Funds Weigh In On Reddit

Several institutional investors and hedge funds have recently bought and sold shares of RDDT. Raiffeisen Bank International AG purchased a new stake in Reddit in the third quarter worth $25,000. GW&K Investment Management LLC bought a new stake in Reddit in the 3rd quarter valued at about $30,000. Cornerstone Planning Group LLC lifted its holdings in Reddit by 13,500.0% during the third quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock valued at $31,000 after purchasing an additional 135 shares during the last quarter. Financial Perspectives Inc bought a new position in Reddit during the second quarter worth about $34,000. Finally, Geneos Wealth Management Inc. boosted its position in Reddit by 344.6% during the first quarter. Geneos Wealth Management Inc. now owns 369 shares of the company’s stock worth $39,000 after purchasing an additional 286 shares during the period.

Key Reddit News

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Needham reaffirmed a “buy” rating and set a $300 price target, which supports upside expectations and may attract momentum buyers. Read More.
• Positive Sentiment: Coverage argues Reddit is an AI search beneficiary — its community content and signals could be valuable to AI summaries and search, implying stronger monetization potential for ads and search products. Read More.
• Positive Sentiment: Investor’s Business Daily/Wall Street writeups name Reddit a top AI‑driven pick for 2026, bolstering retail and growth‑fund interest. Read More.
• Neutral Sentiment: Technical/market pieces note Reddit “nears a key juncture” — could lead to a breakout or a pullback depending on market sentiment, but not a direct fundamental catalyst. Read More.
• Neutral Sentiment: Broader AI trend commentary frames 2026 as a year of dealing with AI complexities — positive for platforms that supply high-quality data, but also raises execution risk and regulation uncertainty. Read More.
• Negative Sentiment: Insider selling: CTO Christopher Slowe sold 14,000 shares (Dec. 22) — part of a series of recent sales — which can prompt near‑term selling pressure or signal insiders monetizing gains. Read More.
• Negative Sentiment: Critical analysis and some sell‑side skepticism remain — pieces saying they’re “impressed but not enough to buy” keep value/risk‑averse investors on the sidelines and cap multiple expansion. Read More.

Reddit Trading Down 0.5%

NYSE RDDT opened at $233.44 on Wednesday. Reddit has a 12-month low of $79.75 and a 12-month high of $282.95. The company has a market cap of $44.24 billion, a P/E ratio of 134.16, a PEG ratio of 2.59 and a beta of 2.17. The company has a fifty day simple moving average of $212.56 and a 200 day simple moving average of $201.78.

Reddit (NYSE:RDDT) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.30. The firm had revenue of $584.91 million during the quarter, compared to analysts’ expectations of $546.65 million. Reddit had a net margin of 18.33% and a return on equity of 14.94%. The business’s revenue was up 67.9% on a year-over-year basis. During the same period last year, the company earned $0.16 earnings per share. Sell-side analysts predict that Reddit will post 1.12 EPS for the current year.

About Reddit

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.