Consensus Reddit, Inc.

Equities

RDDT

US75734B1008

Market Closed - Nyse 04:01:00 2024-07-15 pm EDT Pre-market 08:35:00 am
72.98 USD -1.18% Intraday chart for Reddit, Inc. 70.88 -2.87%

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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Loop Capital Downgrades Reddit to Hold From Buy, Price Target is $75 MT
Loop Capital Adjusts Price Target on Reddit to $75 From $60, Maintains Buy Rating MT
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Wednesday; Tesla to Advance, Reddit to Decline MT
Reddit Upgrades Site to Prevent Data Scraping MT
Needham Raises Price Target on Reddit to $75 From $63, Maintains Buy Rating MT
Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows RE
Roaring Kitty may have cut GameStop options position, strategists say RE
DoubleVerify Launches Media Authentication Offering on Reddit MT
Why are meme stocks rallying again? RE
Sprinklr, Reddit Expand Collaboration for Reddit's Data API, Advertising API MT
REDDIT -EXPANDING OUR PARTNERSHIP WITH SPRINKLR TO CONNECT ENTER… RE
Citron Founder Andrew Left Again Builds Short Position in GameStop MT
GameStop soars as 'Roaring Kitty' reveals $116 mln bet in Reddit post RE
Reddit Insider Sold Shares Worth $1,946,249, According to a Recent SEC Filing MT
Reddit Insider Sold Shares Worth $1,180,870, According to a Recent SEC Filing MT
Reddit Insider Sold Shares Worth $2,981,352, According to a Recent SEC Filing MT
Reddit Insider Sold Shares Worth $2,493,243, According to a Recent SEC Filing MT
Reddit stock jumps after OpenAI partnership RE
Deutsche Bank Adjusts Reddit Price Target to $65 From $62, Maintains Buy Rating MT
Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT; Shares Jump MT
Social Buzz: Wallstreetbets Stocks Advance Premarket Friday; Reddit, AMC Entertainment to Open Higher MT
Reddit stock jumps after OpenAI partnership RE
Reddit to Give OpenAI Access to Its Data in Licensing Deal -- Update DJ
Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT -- Shares Jump MT
OpenAI strikes deal to bring Reddit content to ChatGPT RE
More recommendations

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
72.98 USD
Average target price
63.4 USD
Spread / Average Target
-13.13%
High Price Target
75 USD
Spread / Highest target
+2.77%
Low Price Target
45 USD
Spread / Lowest Target
-38.34%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Reddit, Inc.

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