JPMorgan Chase & Co. Cuts Reddit (NYSE:RDDT) Price Target to $200.00

Reddit (NYSE:RDDT) had its price objective trimmed by JPMorgan Chase & Co. from $227.00 to $200.00 in a research report released on Friday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

RDDT has been the subject of several other reports. Cantor Fitzgerald decreased their target price on Reddit from $240.00 to $170.00 and set a “neutral” rating for the company in a research report on Friday. Citigroup increased their price target on shares of Reddit from $250.00 to $265.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. B. Riley Financial raised their price objective on shares of Reddit from $245.00 to $250.00 and gave the stock a “buy” rating in a report on Friday. Oppenheimer dropped their target price on shares of Reddit from $300.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, China Renaissance assumed coverage on shares of Reddit in a research report on Tuesday, December 9th. They set a “buy” rating and a $300.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $241.31.

Reddit Stock Down 7.8%

Shares of NYSE RDDT opened at $139.27 on Friday. Reddit has a twelve month low of $79.75 and a twelve month high of $282.95. The stock’s 50 day moving average price is $221.22 and its 200-day moving average price is $215.63. The company has a market capitalization of $26.39 billion, a PE ratio of 53.16, a PEG ratio of 0.96 and a beta of 2.18.

Reddit (NYSE:RDDT) last issued its quarterly earnings results on Thursday, February 5th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.28. The company had revenue of $725.61 million during the quarter, compared to the consensus estimate of $665.80 million. Reddit had a return on equity of 22.03% and a net margin of 24.05%.Reddit’s revenue was up 69.7% on a year-over-year basis. During the same period last year, the business posted $0.36 earnings per share. As a group, research analysts expect that Reddit will post 1.12 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Jennifer L. Wong sold 27,159 shares of the company’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $225.73, for a total transaction of $6,130,601.07. Following the sale, the chief operating officer directly owned 1,157,369 shares in the company, valued at approximately $261,252,904.37. This represents a 2.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Steve Ladd Huffman sold 18,000 shares of Reddit stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $183.18, for a total transaction of $3,297,240.00. Following the completion of the transaction, the chief executive officer owned 448,576 shares of the company’s stock, valued at $82,170,151.68. This represents a 3.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 509,511 shares of company stock valued at $111,375,265. Corporate insiders own 34.25% of the company’s stock.

Institutional Trading of Reddit

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raiffeisen Bank International AG bought a new position in Reddit in the 3rd quarter worth about $25,000. GW&K Investment Management LLC purchased a new stake in shares of Reddit in the third quarter worth about $30,000. Cornerstone Planning Group LLC boosted its position in shares of Reddit by 13,500.0% in the third quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock valued at $31,000 after acquiring an additional 135 shares during the period. LOM Asset Management Ltd purchased a new position in Reddit during the fourth quarter valued at approximately $33,000. Finally, Financial Perspectives Inc bought a new stake in Reddit during the 2nd quarter worth approximately $34,000.

Reddit News Summary

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Strong Q4 results and raised guidance — Reddit reported Q4 EPS and revenue above estimates and forecast Q1 revenue above Street expectations, a key reason the stock rallied after the print. Reddit forecasts revenue above estimates as AI fuels ad sales
• Positive Sentiment: $1 billion share buyback announced — management authorized a sizable repurchase program that should support EPS and reduce float over time. Reddit Reports Fourth Quarter and Full Year 2025 Results; Announces $1 Billion Share Repurchase Program
• Positive Sentiment: Analysts reacting — several firms raised price targets and reaffirmed buy ratings after the quarter, signaling continued bullish institutional views. These Analysts Revise Their Forecasts On Reddit Following Q4 Results
• Neutral Sentiment: AI and product roadmap could drive longer-term ad monetization — management highlighted AI search and ad tools as growth drivers, but monetization timelines remain multi-quarter. Reddit looks to AI search as its next big opportunity
• Neutral Sentiment: M&A appetite announced — Reddit told analysts it’s scouting adtech and other buys that either scale across Reddit or grow users; strategic but uncertain near-term impact. Reddit says it’s looking for more acquisitions in adtech and elsewhere
• Negative Sentiment: CEO insider selling reported — recent disclosure of a multi-million-dollar sale by the CEO has been cited as a near-term selling catalyst. Insider Selling: Reddit (NYSE:RDDT) CEO Sells $3,297,240.00 in Stock
• Negative Sentiment: Transparency change: company plans to stop disclosing logged‑in vs. logged‑out user counts in 2026 — investors may view that as reduced visibility into engagement trends. Reddit (RDDT) plans to stop disclosing logged-in and logged-out user numbers in 2026
• Negative Sentiment: Valuation and profit-taking — after the post-earnings jump, some investors appear to be locking in gains amid divergent DCF/valuation views and very high intraday volume, pressuring the share price. Reddit (RDDT) Valuation Check As Shares Lag And DCF Views Sharply Diverge

Reddit Company Profile

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.