Consensus Reddit, Inc.

Equities

RDDT

US75734B1008

Market Closed - Nyse Other stock markets 21:00:35 17/05/2024 BST			5-day change	1st Jan Change
62.04 ^USD	+10.04%		+15.90%	0.00%

05-17	Communications Services Up as Traders Chase Gains in the Sector -- Communications Services Roundup	DJ
05-17	Dow ends above 40,000 mark for the first time	RE

Evolution of the average Target Price on Reddit, Inc.

Price target over the last 5 years

History of analyst recommendation changes

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Analyst Recommendations on Reddit, Inc.

Reddit stock jumps after OpenAI partnership	05-17	RE
Deutsche Bank Adjusts Reddit Price Target to $65 From $62, Maintains Buy Rating	05-17	MT
Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT; Shares Jump	05-17	MT
Social Buzz: Wallstreetbets Stocks Advance Premarket Friday; Reddit, AMC Entertainment to Open Higher	05-17	MT
Reddit stock jumps after OpenAI partnership	05-17	RE
Reddit to Give OpenAI Access to Its Data in Licensing Deal -- Update	05-16	DJ
Reddit to Bring Content to Microsoft-Backed OpenAI's ChatGPT -- Shares Jump	05-16	MT
OpenAI strikes deal to bring Reddit content to ChatGPT	05-16	RE
Reddit Partners With OpenAI To Bring Reddit Content To ChatGPT	05-16	RE
GameStop hits highest since 2021 as 'Roaring Kitty' brings back meme stock mania	05-14	RE
Why are meme stocks rallying again?	05-14	RE
GameStop, AMC surge as return of 'Roaring Kitty' rekindles meme stock mania	05-14	RE
GameStop and AMC surge evokes 2021 meme stocks saga	05-14	RE
GameStop Shares Surge After 'Roaring Kitty' Returns	05-13	MT
Goldman Sachs Adjusts Price Target on Reddit to $55 From $40, Maintains Neutral Rating	05-09	MT
Baird Adjusts Price Target on Reddit to $59 From $50, Keeps Neutral Rating	05-08	MT
Piper Sandler Adjusts Reddit Price Target to $65 From $50, Maintains Overweight Rating	05-08	MT
Deutsche Bank Adjusts Price Target on Reddit to $62 From $50, Reiterates Buy Rating	05-08	MT
BofA Securities Adjusts Price Target on Reddit to $57 From $50, Maintains Neutral Rating	05-08	MT
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; Palantir to Advance, Trump Media & Technology Group to Decline	05-06	MT
Reddit CEO beneficially owns 61.5% of class A shares, regulatory filing shows	05-03	RE
Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Friday; ImmunityBio to Advance, Boeing to Decline	05-03	MT
Social Buzz: Wallstreetbets Stocks Advance Pre-Bell Thursday; Carvana, Trump Media & Technology Group to Open Higher	05-02	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Wednesday; Starbucks, Super Micro Computer to Decline	05-01	MT
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Tuesday; MicroStrategy, Tesla to Decline	04-30	MT

More recommendations

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

62.04 USD

Average target price

59.8 USD

Spread / Average Target

-3.61%

High Price Target

65 USD

Spread / Highest target

+4.77%

Low Price Target

45 USD

Spread / Lowest Target

-27.47%

Consensus detail

Consensus revision (last 18 months)

Analysts covering Reddit, Inc.

Deutsche Bank Securities
Goldman Sachs
Baird
BofA Securities
Piper Sandler
Citigroup
Loop Capital
Raymond James
Needham & Co.
JPMorgan Chase
Roth MKM
JMP Securities
Morgan Stanley
Bernstein
New Street

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar