15-min delayed · Sep 8, 3:15 PM ET · Get real-time quotes →
The Quantellect read.Of the 25 firms covering Reddit, Inc, 17 rate it Buy or better, 8 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets range widely, $142.00 to $300.00 (about 2.1x), a sign of real disagreement on valuation. The average target of $223.40 sits 50% above the current $149.16. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 16 to 17 over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.82 next quarter toward $7.04 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS25 ratings
Moderate Buy
Strong Buy14%
Buy1664%
Hold832%
Sell00%
Strong Sell00%
Based on 25 analysts giving stock ratings to Reddit, Inc.
As of Sep, 17 of 24 firms rate RDDT a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
RDDT EPS & revenue forecast
EPS · NEXT QUARTER
$1.82
Range $1.38 – $2.05 · 23 analysts · +46% YoY
Next period, 23 analysts expect Reddit, Inc. to earn $1.82 a share (range $1.38 – $2.05), versus $1.24 a year earlier. Full-year consensus is $5.38, growing to $7.04 the year after.
REVENUE · NEXT QUARTER
$1.0B
Range $947.0M – $1.1B · 23 analysts · +43% YoY
Revenue is expected to reach $1.0B (range $947.0M – $1.1B), +43.2% year-over-year. Full-year consensus is $3.4B, rising to $4.4B next year.
Top analysts covering Reddit, Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on RDDT.
#1
Devin Ryan
JMP Securities · Rank #8
Buy
$155.00+3.9% to target
Overall win rate
61%
+ Follow
#2
Brian Nowak
Morgan Stanley · Rank #72
Buy
$210.00+40.8% to target
Overall win rate
47%
+ Follow
#3
Jason Helfstein
Oppenheimer · Rank #84
Buy
$200.00+34.1% to target
Overall win rate
45%
+ Follow
#4
Youssef Squali
Truist Securities · Rank #235
Buy
$275.00+84.4% to target
Overall win rate
35%
+ Follow
#5
Deepak Mathivanan
Cantor Fitzgerald · Rank #281
Hold
$170.00+14.0% to target
Overall win rate
35%
+ Follow
RDDT stock forecast FAQ
What is RDDT's average 12-month price target?+
The 20 analysts with a live target average $223.40 for Reddit, Inc. over the next 12 months, ranging from a $300.00 high to a $142.00 low.
Is RDDT stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 25 analyst ratings, 17 are Buy or Strong Buy, 8 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for RDDT?+
The Street-high target is $300.00 (Needham), and the Street-low is $142.00 (Wells Fargo). The average of all 20 active targets is $223.40.
How many Wall Street analysts cover RDDT?+
25 analysts have an active rating on Reddit, Inc., and 20 firms carry a live 12-month price target.
Who is the most accurate analyst covering RDDT?+
Among analysts who currently cover RDDT, Devin Ryan of JMP Securities has the strongest overall Quantellect track record (Rank #8). Their current call is Buy with a $155.00 target.
What is Reddit, Inc.'s projected EPS for next quarter?+
The consensus estimate is $1.82 per share (range $1.38 – $2.05) across 23 analysts. Full-year EPS is projected at $5.38, rising to $7.04 the following year.
How much revenue is Reddit, Inc. expected to report next quarter?+
Consensus revenue is $1.0B (range $947.0M – $1.1B). Full-year revenue is projected at $3.4B, growing to $4.4B next year.
Have analysts been upgrading or downgrading RDDT lately?+
As of Sep, 17 of 24 firms rate RDDT a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their RDDT calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
