At the time of writing, Reddit Inc [RDDT] stock is trading at $101.15, down -0.84%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RDDT shares have gain 16.38% over the last week, with a monthly amount drifted -16.77%, 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 April 07, 2025, when Truist initiated its Buy rating and assigned the stock a price target of $150. Previously, Redburn Atlantic started tracking the stock with Sell rating on March 17, 2025, and set its price target to $75. On February 06, 2025, Seaport Research Partners initiated with a Neutral rating. ROTH MKM downgraded its rating to a Neutral and increased its price target to $195 on January 22, 2025. Guggenheim initiated its recommendation with a Buy and recommended $210 as its price target on December 20, 2024. Wells Fargo started tracking with a Overweight rating for this stock on December 11, 2024, and assigned it a price target of $206. In a note dated December 09, 2024, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $70 to $200.
For the past year, the stock price of Reddit Inc fluctuated between $37.35 and $230.41. Currently, Wall Street analysts expect the stock to reach $143.09 within the next 12 months. Reddit Inc [NYSE: RDDT] shares were valued at $101.15 at the most recent close of the market. An investor can expect a potential return of 41.46% based on the average RDDT price forecast.
Analyzing the RDDT fundamentals
According to Reddit Inc [NYSE:RDDT], the company’s sales were 1.30B for trailing twelve months, which represents an 71.25% jump. 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 97.78 points at the first support level, and at 94.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.16, and for the 2nd resistance point, it is at 105.18.
Ratios To Look Out For
It is important to note that Reddit Inc [NYSE:RDDT] has a current ratio of 12.63. As well, the Quick Ratio is 12.63, while the Cash Ratio is 3.19. Considering the valuation of this stock, the price to sales ratio is 14.07, the price to book ratio is 8.56.
Transactions by insiders
Recent insider trading involved Huffman Steve Ladd, CEO & President, that happened on Mar 31 ’25 when 14000.0 shares were sold. Chief Financial Officer, Vollero Andrew completed a deal on Mar 24 ’25 to sell 100000.0 shares. Meanwhile, Chief Financial Officer Vollero Andrew sold 100000.0 shares on Mar 25 ’25.
