Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
121.29
+9.05 (8.06%)
At close: Jun 6, 2025, 4:00 PM
121.01
-0.28 (-0.23%)
After-hours: Jun 6, 2025, 7:59 PM EDT

Reddit Stock Forecast

Stock Price Forecast

According to 26 professional analysts, the 12-month price target for Reddit stock ranges from a low of $67 to a high of $220. The average analyst price target of $144.77 forecasts a 19.36% increase in the stock price over the next year.

Price Target: $144.77 (+19.36%)
Analyst Consensus: Buy
Target Low Average Median High
Price $67 $144.77 $150 $220
Change -44.76% +19.36% +23.67% +81.38%

Analyst Ratings

The average analyst rating for Reddit stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 101010111111
Buy 556666
Hold 676667
Sell 111111
Strong Sell 001111
Total 222324252526

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Initiates
$125
Hold Initiates $125 +3.06% Jun 3, 2025
Baird
Baird
Hold
Maintains
$140$120
Hold Maintains $140$120 -1.06% May 21, 2025
Wells Fargo
Wells Fargo
Hold
Downgrades
$168$115
Hold Downgrades $168$115 -5.19% May 19, 2025
Seaport Global
Seaport Global
Strong Buy
Upgrades
$165
Strong Buy Upgrades $165 +36.04% May 5, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$150$158
Strong Buy Maintains $150$158 +30.27% May 2, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.88B
from 1.30B
Increased by 44.75%
Revenue Next Year
2.41B
from 1.88B
Increased by 28.27%
EPS This Year
1.24
from -3.33
EPS Next Year
2.35
from 1.24
Increased by 89.12%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
228.91M484.92M666.70M804.03M1.30B1.88B2.41B3.05B
Revenue Growth
-111.84%37.49%20.60%61.71%44.75%28.27%26.47%
EPS
-1.23-2.47-2.77-1.54-3.331.242.353.46
EPS Growth
------89.12%47.33%
Forward PE
-----97.8051.7135.10
No. Analysts
-----282720
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 2.0B 2.7B 3.5B
Avg 1.9B 2.4B 3.1B
Low 1.7B 2.2B 2.6B

Revenue Growth

Revenue Growth 202520262027
High
56.4%
44.7%
44.5%
Avg
44.7%
28.3%
26.5%
Low
31.9%
15.8%
6.9%

EPS Forecast

EPS 202520262027
High 1.61 3.20 4.28
Avg 1.24 2.35 3.46
Low 0.76 1.69 2.40

EPS Growth

EPS Growth 202520262027
High -
158.2%
82.6%
Avg -
89.1%
47.3%
Low -
35.9%
2.4%
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.