23 Analysts Have This To Say About Reddit

benzinga
πŸ“… Published: 2025-10-21 00:00 πŸ“° Source: Benzinga ✍️ Author: Benzinga Insights πŸ“ Words: 766

πŸ“ Article Content

Providing a diverse range of perspectives from bullish to bearish, 23 analysts have published ratings on Reddit (NYSE:RDDT) in the last three months.The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings98600Last 30D100001M Ago222002M Ago231003M Ago43300Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $238.22, a high estimate of $300.00, and a low estimate of $150.00. Observing a 22.38% increase, the current average has risen from the previous average price target of $194.65.Diving into Analyst Ratings: An In-Depth ExplorationThe perception of Reddit by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetRonald JoseyCitigroupRaisesBuy$250.00$220.00Josh BeckRaymond JamesRaisesStrong Buy$250.00$225.00Youssef SqualiTruist SecuritiesRaisesBuy$260.00$225.00Ken GawrelskiWells FargoRaisesEqual-Weight$174.00$155.00Andrew BooneJMP SecuritiesMaintainsMarket Outperform$300.00$300.00Thomas ChampionPiper SandlerMaintainsOverweight$290.00$290.00Colin SebastianBairdRaisesNeutral$240.00$177.00Thomas ChampionPiper SandlerRaisesOverweight$290.00$210.00Andrew BooneJMP SecuritiesRaisesMarket Outperform$300.00$225.00Jason HelfsteinOppenheimerRaisesOutperform$300.00$215.00Laura MartinNeedhamRaisesBuy$300.00$215.00John ColantuoniJefferiesRaisesBuy$300.00$230.00Brad EricksonRBC CapitalMaintainsSector Perform$210.00$210.00Doug AnmuthJP MorganRaisesNeutral$190.00$145.00Michael MorrisGuggenheimRaisesBuy$215.00$165.00Josh BeckRaymond JamesRaisesStrong Buy$225.00$175.00Andrew BooneJMP SecuritiesRaisesMarket Outperform$225.00$180.00Thomas ChampionPiper SandlerRaisesOverweight$210.00$150.00Brian NowakMorgan StanleyRaisesOverweight$230.00$170.00Justin PostB of A SecuritiesRaisesNeutral$180.00$150.00Laura MartinNeedhamRaisesBuy$215.00$165.00Justin PostB of A SecuritiesRaisesNeutral$150.00$130.00Josh BeckRaymond JamesRaisesStrong Buy$175.00$150.00Key Insights:Action Taken:Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Reddit. This information offers a snapshot of how analysts perceive the current state of the company.Rating:Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Reddit compared to the broader market.Price Targets:Analysts gauge the dynamics of price targets, providing estimates for the future value of Reddit's stock. This comparison reveals trends in analysts' expectations over time.To gain a panoramic view of Reddit's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.Stay up to date on Reddit analyst ratings.About RedditReddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.Financial Insights: RedditMarket Capitalization Analysis:Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.Positive Revenue Trend:Examining Reddit's financials over 3M reveals a positive narrative. The company achieved a noteworthy revenue growth rate of77.69%as of 30 June, 2025, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.Net Margin:Reddit's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of17.87%,the company showcases strong profitability and effective cost management.Return on Equity (ROE):Reddit's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive3.88%ROE, the company effectively utilizes shareholder equity capital.Return on Assets (ROA):Reddit's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of3.52%,the company showcases efficient use of assets and strong financial health.Debt Management:Reddit's debt-to-equity ratio is below the industry average. With a ratio of0.01, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.The Basics of Analyst RatingsExperts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.Breaking: Wall Street's Next Big MoverBenzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold.Click here for urgent details.This article was generated by Benzinga's automated content engine and reviewed by an editor.RDDTReddit Inc$204.951.22%OverviewMarket News and Data brought to you by Benzinga APIsΒ© 2025 Benzinga.com. . .Add CommentPosted In:Analyst RatingsBZI-AAR

Scraping Metadata:

Scraped At: Unknown
Created At: 2025-10-22 01:05:49
Updated At: 2025-10-22 01:05:49
Scraping Job ID: N/A

Stock Mentions:

COST - Costco Wholesale Corporation Relevance: N/A
LOW - Lowe's Companies Inc. Relevance: N/A
C - Citigroup Inc. Relevance: N/A
KEY - KeyCorp Relevance: N/A