Reddit Inc [RDDT] stock prices are up 0.39% to $125.43 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RDDT shares have gain 13.92% over the last week, with a monthly amount drifted -24.24%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Reddit Inc [NYSE: RDDT] stock has seen the most recent analyst activity on March 17, 2025, when Redburn Atlantic initiated its Sell rating and assigned the stock a price target of $75. On January 22, 2025, downgrade downgraded it’s rating to Neutral and revised its price target to $195 on the stock. Guggenheim started tracking the stock assigning a Buy rating and suggested a price target of $210 on December 20, 2024. Wells Fargo initiated its recommendation with a Overweight and recommended $206 as its price target on December 11, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on December 09, 2024, and upped its price target to $200. In a note dated October 09, 2024, Jefferies initiated an Buy rating and provided a target price of $90 on this stock.
The stock price of Reddit Inc [RDDT] has been fluctuating between $37.35 and $230.41 over the past year. Currently, Wall Street analysts expect the stock to reach $136 within the next 12 months. Reddit Inc [NYSE: RDDT] shares were valued at $125.43 at the most recent close of the market. An investor can expect a potential return of 8.43% based on the average RDDT price forecast.
Analyzing the RDDT fundamentals
The Reddit Inc [NYSE:RDDT] reported sales of 1.30B for trailing twelve months, representing a surge of 71.25%. Gross Profit Margin for this corporation currently stands at 0.9% with Operating Profit Margin at -0.43%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.25 and Total Capital is -0.26. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 121.21 points at the first support level, and at 116.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.46, and for the 2nd resistance point, it is at 131.49.
Ratios To Look Out For
It’s worth pointing out that Reddit Inc [NYSE:RDDT]’s Current Ratio is 12.63. Further, the Quick Ratio stands at 12.63, while the Cash Ratio is 3.19. Considering the valuation of this stock, the price to sales ratio is 17.45, the price to book ratio is 10.61.
Transactions by insiders
Recent insider trading involved Wong Jennifer L., Chief Operating Officer, that happened on Mar 17 ’25 when 33333.0 shares were sold. CEO & President, Huffman Steve Ladd completed a deal on Mar 14 ’25 to sell 0.12 million shares. Meanwhile, Director Habiger David C bought 780.0 shares on Mar 13 ’25.
