Consensus Reddit, Inc.

Equities

RDDT

US75734B1008

Real-time Estimate Cboe BZX Other stock markets 12:26:54 2024-05-10 pm EDT			5-day change	1st Jan Change
54.28 ^USD	+8.32%		+14.84%	0.00%

May. 09	Steve Huffman, CEO of Reddit: New growth drivers	MT
May. 09	Goldman Sachs Adjusts Price Target on Reddit to $55 From $40, Maintains Neutral Rating	MT

Evolution of the average Target Price on Reddit, Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Reddit, Inc.

Goldman Sachs Adjusts Price Target on Reddit to $55 From $40, Maintains Neutral Rating	May. 09	MT
Baird Adjusts Price Target on Reddit to $59 From $50, Keeps Neutral Rating	May. 08	MT
Piper Sandler Adjusts Reddit Price Target to $65 From $50, Maintains Overweight Rating	May. 08	MT
Deutsche Bank Adjusts Price Target on Reddit to $62 From $50, Reiterates Buy Rating	May. 08	MT
BofA Securities Adjusts Price Target on Reddit to $57 From $50, Maintains Neutral Rating	May. 08	MT
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; Palantir to Advance, Trump Media & Technology Group to Decline	May. 06	MT
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows	May. 03	RE
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Friday; ImmunityBio to Advance, Boeing to Decline	May. 03	MT
Social Buzz: Wallstreetbets Stocks Advance Pre-Bell Thursday; Carvana, Trump Media & Technology Group to Open Higher	May. 02	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Wednesday; Starbucks, Super Micro Computer to Decline	May. 01	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; MicroStrategy, Tesla to Decline	Apr. 30	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Monday; Tesla, ImmunityBio to Advance	Apr. 29	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Pre-Bell Friday; Snap, Alphabet to Open Higher	Apr. 26	MT
Reddit down for thousands, Downdetector shows	Apr. 25	RE
Trump Media & Technology Group Corp. : Analyzing Trump Media? No way, thanks	Apr. 25
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Thursday; Trump Media & Technology Group, Super Micro Computer to Open Higher	Apr. 18	MT
Social Buzz: Wallstreetbets Stocks Mostly Higher Premarket Wednesday; United Airlines to Advance, ASML to Open Lower	Apr. 17	MT
BofA Securities Initiates Coverage on Reddit With Neutral Rating, $46 Price Target	Apr. 16	MT
Citigroup Initiates Reddit at Buy Rating With $53 Price Target	Apr. 15	MT
Reddit Has Much to Like, But Valuation is Fair, Morgan Stanley Says	Apr. 15	MT
Deutsche Bank Initiates Coverage on Reddit With Buy Rating, $50 Price Target	Apr. 15	MT
Top Wall St brokerages start Reddit coverage with doubts over user growth	Apr. 15	RE
Loop Capital Starts Reddit With Buy Rating, $55 Price Target	Apr. 15	MT
Goldman Sachs Starts Reddit With Neutral Rating, $40 Price Target	Apr. 15	MT
JMP Securities Initiates Reddit at Market Outperform With $53 Price Target	Apr. 15	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

50.11 USD

Average target price

59.6 USD

Spread / Average Target

+18.94%

High Price Target

65 USD

Spread / Highest target

+29.71%

Low Price Target

45 USD

Spread / Lowest Target

-10.20%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Reddit, Inc.

Goldman Sachs
Baird
BofA Securities
Deutsche Bank Securities
Piper Sandler
Citigroup
Loop Capital
Raymond James
Needham & Co.
JPMorgan Chase
Roth MKM
JMP Securities
Morgan Stanley
Bernstein
New Street

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar