Reddit, Inc. (RDDT)
NYSE: RDDT · Real-Time Price · USD
122.73
+15.44 (14.39%)
At close: Mar 11, 2025, 4:00 PM
124.45
+1.72 (1.40%)
After-hours: Mar 11, 2025, 7:59 PM EST

Reddit Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for Reddit stock have an average target of 172.41, with a low estimate of 54 and a high estimate of 250. The average target predicts an increase of 40.48% from the current stock price of 122.73.

Analyst Consensus: Buy
Target Low Average Median High
Price $54 $172.41 $190 $250
Change -56.00% +40.48% +54.81% +103.70%

Analyst Ratings

The average analyst rating for Reddit stock from 23 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 Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 101011101010
Buy 224555
Hold 665677
Sell 111111
Strong Sell 000000
Total 191921222323

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Piper Sandler
Piper Sandler
Buy
Maintains
$210$220
Buy Maintains $210$220 +79.26% Feb 21, 2025
Loop Capital
Loop Capital
Strong Buy
Maintains
$180$210
Strong Buy Maintains $180$210 +71.11% Feb 13, 2025
Morgan Stanley
Morgan Stanley
Buy
Maintains
$200$210
Buy Maintains $200$210 +71.11% Feb 13, 2025
Citigroup
Citigroup
Strong Buy
Maintains
$200$220
Strong Buy Maintains $200$220 +79.26% Feb 13, 2025
Piper Sandler
Piper Sandler
Buy
Reiterates
$197$210
Buy Reiterates $197$210 +71.11% Feb 13, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
1.85B
from 1.30B
Increased by 41.98%
Revenue Next Year
2.39B
from 1.85B
Increased by 29.31%
EPS This Year
1.13
from -3.33
EPS Next Year
2.25
from 1.13
Increased by 99.85%
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
228.91M484.92M666.70M804.03M1.30B1.85B2.39B3.09B
Revenue Growth
-111.84%37.49%20.60%61.71%41.98%29.31%29.28%
EPS
-1.23-2.47-2.77-1.54-3.331.132.253.47
EPS Growth
------99.85%54.20%
Forward PE
-----108.8654.4735.33
No. Analysts -----232214
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 2.0B 2.8B 3.5B
Avg 1.8B 2.4B 3.1B
Low 1.7B 2.0B 2.7B

Revenue Growth

Revenue Growth 202520262027
High
54.1%
52.7%
48.4%
Avg
42.0%
29.3%
29.3%
Low
29.3%
7.5%
12.8%

EPS Forecast

EPS 202520262027
High 1.52 3.56 4.52
Avg 1.13 2.25 3.47
Low 0.63 1.23 2.26

EPS Growth

EPS Growth 202520262027
High -
215.7%
100.4%
Avg -
99.9%
54.2%
Low -
9.5%
0.5%
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.