Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
116.33
+2.50 (2.20%)
At close: May 5, 2025, 4:00 PM
116.01
-0.32 (-0.28%)
After-hours: May 5, 2025, 7:53 PM EDT
Reddit Stock Forecast
Stock Price Forecast
The 26 analysts with 12-month price forecasts for Reddit stock have an average target of 147, with a low estimate of 65 and a high estimate of 220. The average target predicts an increase of 26.36% from the current stock price of 116.33.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Reddit stock from 26 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 10 | 10 | 10 | 11 | 12 |
| Buy | 4 | 5 | 5 | 6 | 6 | 7 |
| Hold | 5 | 6 | 7 | 6 | 6 | 5 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 1 | 1 | 1 |
| Total | 21 | 22 | 23 | 24 | 25 | 26 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Hold → Strong Buy Upgrades $165 | Hold → Strong Buy | Upgrades | $165 | +41.84% | May 5, 2025 |
| Citigroup | Citigroup | Strong Buy Maintains $150 → $158 | Strong Buy | Maintains | $150 → $158 | +35.82% | May 2, 2025 |
| Wells Fargo | Wells Fargo | Buy Maintains $158 → $168 | Buy | Maintains | $158 → $168 | +44.42% | May 2, 2025 |
| Roth MKM | Roth MKM | Hold Maintains $120 → $130 | Hold | Maintains | $120 → $130 | +11.75% | May 2, 2025 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $124 → $140 | Hold | Maintains | $124 → $140 | +20.35% | May 2, 2025 |
Financial Forecast
Revenue This Year
1.81B
from 1.30B
Increased by 39.13%
Revenue Next Year
2.33B
from 1.81B
Increased by 28.97%
EPS This Year
1.10
from -3.33
EPS Next Year
2.17
from 1.10
Increased by 98.20%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.0B | 2.8B | 3.3B |
| Avg | 1.8B | 2.3B | 3.0B |
| Low | 1.6B | 2.0B | 2.6B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 54.1% | 55.8% | 42.2% |
| Avg | 39.1% | 29.0% | 26.7% |
| Low | 23.4% | 8.0% | 11.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.52 | 3.56 | 4.42 |
| Avg | 1.10 | 2.17 | 3.22 |
| Low | 0.63 | 1.23 | 1.93 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | - | 224.5% | 103.3% |
| Avg | - | 98.2% | 47.9% |
| Low | - | 12.6% | -11.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.