Reddit, Inc. (RDDT)

Reddit Stock Forecast

Stock Price Forecast

The 24 analysts with 12-month price forecasts for Reddit stock have an average target of 150.63, with a low estimate of 65 and a high estimate of 220. The average target predicts an increase of 56.16% from the current stock price of 96.46.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$65	$150.63	$158	$220
Change	-32.61%	+56.16%	+63.80%	+128.07%

Analyst Ratings

The average analyst rating for Reddit stock from 25 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	10	11	10	10	10	11
Buy	2	4	5	5	6	6
Hold	6	5	6	7	6	6
Sell	1	1	1	1	1	1
Strong Sell	0	0	0	0	1	1
Total	19	21	22	23	24	25

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ronald Josey Citigroup	Citigroup	Strong Buy Maintains $220 → $150	Strong Buy	Maintains	$220 → $150	+55.50%	Apr 14, 2025
Eric Sheridan Goldman Sachs	Goldman Sachs	Hold Maintains $185 → $124	Hold	Maintains	$185 → $124	+28.55%	Apr 14, 2025
Thomas Champion Piper Sandler	Piper Sandler	Buy Maintains $220 → $140	Buy	Maintains	$220 → $140	+45.14%	Apr 10, 2025
Justin Post B of A Securities	B of A Securities	Hold Maintains $190 → $110	Hold	Maintains	$190 → $110	+14.04%	Apr 9, 2025
Doug Anmuth JP Morgan	JP Morgan	Hold Maintains $185 → $110	Hold	Maintains	$185 → $110	+14.04%	Apr 8, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.83B

Increased by 40.59%

from 1.30B

Revenue Next Year

2.37B

Increased by 29.38%

from 1.83B

EPS This Year

1.16

from -3.33

EPS Next Year

2.27

Increased by 96.25%

from 1.16

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	228.91M	484.92M	666.70M	804.03M	1.30B	1.83B	2.37B	3.04B
Revenue Growth	-	111.84%	37.49%	20.60%	61.71%	40.59%	29.38%	28.67%
EPS	-1.23	-2.47	-2.77	-1.54	-3.33	1.16	2.27	3.38
EPS Growth	-	-	-	-	-	-	96.25%	49.09%
Forward PE	-	-	-	-	-	83.48	42.54	28.53
No. Analysts	-	-	-	-	-	25	24	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	2.0B	2.8B	3.5B
Avg	1.8B	2.4B	3.0B
Low	1.6B	2.0B	2.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	54.1%	54.2%	49.8%
Avg	40.6%	29.4%	28.7%
Low	23.4%	6.9%	10.1%

EPS Forecast

EPS	2025	2026	2027
High	1.52	3.56	4.42
Avg	1.16	2.27	3.38
Low	0.63	1.23	1.93

EPS Growth

EPS Growth	2025	2026	2027
High	-	208.0%	94.9%
Avg	-	96.3%	49.1%
Low	-	6.9%	-15.1%

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.