RedditRDDT
RDDT
About: Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 16 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
418% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 17
344% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 32
149% more capital invested
Capital invested by funds: $2.05B [Q2] → $5.1B (+$3.05B) [Q3]
111% more funds holding in top 10
Funds holding in top 10: 9 [Q2] → 19 (+10) [Q3]
61% more funds holding
Funds holding: 175 [Q2] → 282 (+107) [Q3]
15% more call options, than puts
Call options by funds: $249M | Put options by funds: $216M
9.39% more ownership
Funds ownership: 72.11% [Q2] → 81.49% (+9.39%) [Q3]
Research analyst outlook
16 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$85
55%
downside
Avg. target
$176
6%
downside
High target
$210
12%
upside
16 analyst ratings
12 positive
75%
3 neutral
19%
1 negative
6%
Raymond James Josh Beck 82% 1-year accuracy 18 / 22 met price target | 6%upside $200 | Strong Buy Maintained | 21 Jan 2025 |
B. Riley Securities Naved Khan 72% 1-year accuracy 18 / 25 met price target | 1%downside $187 | Buy Maintained | 14 Jan 2025 |
Piper Sandler Thomas Champion 70% 1-year accuracy 33 / 47 met price target | 5%upside $197 | Overweight Maintained | 14 Jan 2025 |
Goldman Sachs Eric Sheridan 67% 1-year accuracy 34 / 51 met price target | 7%downside $176 | Neutral Maintained | 14 Jan 2025 |
B of A Securities Justin Post 75% 1-year accuracy 12 / 16 met price target | 4%downside $180 | Neutral Maintained | 8 Jan 2025 |
Financial journalist opinion
Based on 33 articles about RDDT published over the past 30 days
Positive
CNBC
8 hours ago
Reddit shares rise 7%, hit record as Raymond James raises price target
Reddit shares rose over 7% to a record high Tuesday after Raymond James analysts raised their price target and reiterated their "strong buy" rating. The social media company's shares reached $191 on Tuesday during midday trading, topping a previous high of $182 on Jan. 6.
Neutral
CNBC Television
10 hours ago
Calls of the Day: Teradyne, Reddit, Northrop Gumman, Ross Stores and GM
The Investment Committee debate the latest Calls of the Day.
Neutral
Business Wire
6 days ago
Reddit to Announce Fourth Quarter and Full Year 2024 Results on Wednesday, February 12, 2025
SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), announced today that the company's fourth quarter and full year 2024 financial results will be released after market close on Wednesday, February 12, 2025. Reddit will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the conference call and related earnings materials can be accessed at Reddit's Investor Relations website at investor.redditinc.com and investor relations subreddit r/.
Positive
Zacks Investment Research
6 days ago
Is Reddit Stock Still a Buy After Surging 134% Over the Past 6 Months?
RDDT stock is driven by strong AI innovations, enhanced advertising and increased user engagement positioning the stock for continued upward momentum in 2025.
Negative
Zacks Investment Research
1 week ago
Reddit Inc. (RDDT) Advances But Underperforms Market: Key Facts
In the latest trading session, Reddit Inc. (RDDT) closed at $164.82, marking a +0.1% move from the previous day.
Neutral
CNBC Television
1 week ago
Final Trades: Reddit, Delta, Thermo Fisher and Eli Lilly
The Investment Committee give you their top stocks to watch for the second half.
Neutral
CNBC Television
1 week ago
Calls of the Day: Reddit, GE Aerospace and GE Vernova
The Investment Committee discuss the latest Calls of the Day.
Neutral
The Motley Fool
1 week ago
Is Reddit an Undervalued Growth Stock?
Reddit (RDDT -1.45%) is one of the fastest-growing social media companies.
Positive
The Motley Fool
1 week ago
Best Stocks to Buy: Pinterest vs. Snap vs. Reddit
These social media companies boast one of the most lucrative business models right now.
Neutral
The Motley Fool
1 week ago
Should Investors Buy Reddit Stock Right Now in 2025?
Reddit (RDDT -1.45%) has developed a new revenue stream thanks to artificial intelligence.
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