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NYSE: RDDT
Reddit Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for RDDT

Based on 15 analysts offering 12 month price targets for Reddit Inc.
Min Forecast
$45.00-17.04%
Avg Forecast
$56.20+3.61%
Max Forecast
$70.00+29.06%

Should I buy or sell RDDT stock?

Based on 15 analysts offering ratings for Reddit Inc.
Buy
Strong Buy
6 analysts 40%
Buy
2 analysts 13.33%
Hold
6 analysts 40%
Sell
1 analysts 6.67%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their RDDT stock forecasts and price targets.

RDDT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-17
lockedlocked$00.00+00.00%2024-05-09
Roth MKM
Top 2%
99
Strong BuyMaintains$61.00+12.46%2024-05-08
Bernstein
Top 4%
97
SellMaintains$45.00-17.04%2024-05-08
Baird
Top 4%
97
HoldMaintains$59.00+8.78%2024-05-08
Piper Sandler
Bottom 5%
5
Strong BuyMaintains$65.00+19.84%2024-05-08
Bank of America
Top 1%
100
HoldInitiates Coverage On$46.00-15.19%2024-04-16

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Forecast return on equity

Is RDDT forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is RDDT forecast to generate an efficient return on assets?
Insufficient data to display

RDDT revenue forecast

What is RDDT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$1.1B
Avg 2 year Forecast
$1.3B
Avg 3 year Forecast
$1.6B

RDDT vs Internet Content & Information Stocks

TickerPricePrice TargetUp/downsideConsensus
RDDT$54.24$56.20+3.61%Buy
DJT$49.09N/AN/A
ZG$40.15$58.83+46.53%Buy
MTCH$30.63$40.55+32.37%Strong Buy
TWLO$57.40$69.56+21.18%Hold
View Top Internet Content & Information Stocks

Reddit Stock Forecast FAQ

Is Reddit Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 15 Wall Street analysts covering (NYSE: RDDT) stock is to Buy RDDT stock.

Out of 15 analysts, 6 (40%) are recommending RDDT as a Strong Buy, 2 (13.33%) are recommending RDDT as a Buy, 6 (40%) are recommending RDDT as a Hold, 1 (6.67%) are recommending RDDT as a Sell, and 0 (0%) are recommending RDDT as a Strong Sell.

If you're new to stock investing, here's how to buy Reddit stock.

What is RDDT's revenue growth forecast for 2024-2026?

(NYSE: RDDT) Reddit's forecast annual revenue growth rate of N/A is not forecast to beat the US Internet Content & Information industry's average forecast revenue growth rate of 8.18%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.64%.

Reddit's revenue in 2024 is N/A.On average, 6 Wall Street analysts forecast RDDT's revenue for 2024 to be $176,399,671,706, with the lowest RDDT revenue forecast at $171,684,718,800, and the highest RDDT revenue forecast at $180,597,608,345. On average, 6 Wall Street analysts forecast RDDT's revenue for 2025 to be $212,451,664,052, with the lowest RDDT revenue forecast at $197,846,199,760, and the highest RDDT revenue forecast at $223,042,976,110.

In 2026, RDDT is forecast to generate $260,091,557,371 in revenue, with the lowest revenue forecast at $243,301,772,928 and the highest revenue forecast at $273,207,615,850.

What is RDDT's forecast return on assets (ROA) for 2024-2027?

(NYSE: RDDT) forecast ROA is N/A, which is lower than the forecast US Internet Content & Information industry average of N/A.

What is RDDT's Price Target?

According to 15 Wall Street analysts that have issued a 1 year RDDT price target, the average RDDT price target is $56.20, with the highest RDDT stock price forecast at $70.00 and the lowest RDDT stock price forecast at $45.00.

On average, Wall Street analysts predict that Reddit's share price could reach $56.20 by May 17, 2025. The average Reddit stock price prediction forecasts a potential upside of 3.61% from the current RDDT share price of $54.24.

What is RDDT's forecast return on equity (ROE) for 2024-2027?

(NYSE: RDDT) forecast ROE is N/A, which is considered weak.
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