Reddit (NYSE:RDDT) Price Target Raised to $250.00

Reddit (NYSE:RDDT) had its target price upped by B. Riley Securities from $245.00 to $250.00 in a research report report published on Friday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

A number of other equities analysts also recently issued reports on RDDT. Truist Financial increased their price target on shares of Reddit from $270.00 to $275.00 and gave the stock a “buy” rating in a research note on Friday. UBS Group set a $265.00 price objective on Reddit in a research report on Tuesday, January 13th. Guggenheim increased their target price on Reddit from $245.00 to $255.00 and gave the stock a “buy” rating in a research report on Friday. Raymond James Financial restated a “strong-buy” rating and issued a $250.00 target price (up previously from $225.00) on shares of Reddit in a research note on Monday, October 20th. Finally, Oppenheimer reduced their price target on Reddit from $300.00 to $250.00 and set an “outperform” rating on the stock in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $241.31.

Reddit Stock Down 7.8%

Shares of RDDT stock opened at $139.27 on Friday. The firm has a market capitalization of $26.39 billion, a price-to-earnings ratio of 53.16, a PEG ratio of 0.96 and a beta of 2.18. The stock has a fifty day moving average of $221.22 and a 200 day moving average of $215.63. Reddit has a 52 week low of $79.75 and a 52 week high of $282.95.

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

Insider Buying and Selling

In other Reddit 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 directly owned 448,576 shares in the company, valued at approximately $98,812,321.28. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jennifer L. Wong sold 63,427 shares of Reddit stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $192.72, for a total transaction of $12,223,651.44. Following the completion of the transaction, the chief operating officer directly owned 1,184,528 shares of the company’s stock, valued at $228,282,236.16. This trade represents a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 509,511 shares of company stock valued at $111,375,265 over the last ninety days. Insiders own 34.25% of the company’s stock.

Institutional Investors Weigh In On Reddit

Several institutional investors and hedge funds have recently made changes to their positions in RDDT. EverSource Wealth Advisors LLC lifted its position in Reddit by 13.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 727 shares of the company’s stock valued at $167,000 after acquiring an additional 86 shares in the last quarter. Kingdom Financial Group LLC. bought a new stake in shares of Reddit in the 4th quarter worth $146,000. Pinnbrook Capital Management LP increased its holdings in shares of Reddit by 4.9% in the 4th quarter. Pinnbrook Capital Management LP now owns 8,670 shares of the company’s stock worth $1,993,000 after purchasing an additional 406 shares in the last quarter. Leonteq Securities AG purchased a new position in shares of Reddit in the fourth quarter worth $859,000. Finally, IFP Advisors Inc lifted its holdings in shares of Reddit by 33.0% during the fourth quarter. IFP Advisors Inc now owns 1,059 shares of the company’s stock valued at $243,000 after purchasing an additional 263 shares in the last quarter.

Key Reddit News

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.