A share price of Reddit Inc [RDDT] is currently trading at $107.17, up 5.42%. 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 11.10% over the last week, with a monthly amount drifted -14.22%, 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 16, 2025, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $125. Previously, Truist started tracking the stock with Buy rating on April 07, 2025, and set its price target to $150. On March 17, 2025, Redburn Atlantic initiated with a Sell rating and assigned a price target of $75 on the stock. Seaport Research Partners started tracking the stock assigning a Neutral rating. ROTH MKM downgraded its rating to a Neutral and raised its price target to $195 on January 22, 2025. Guggenheim started tracking with a Buy rating for this stock on December 20, 2024, and assigned it a price target of $210. In a note dated December 11, 2024, Wells Fargo initiated an Overweight rating and provided a target price of $206 on this stock.
Reddit Inc experienced fluctuations in its stock price throughout the past year between $40.85 and $230.41. Currently, Wall Street analysts expect the stock to reach $148.9 within the next 12 months. Reddit Inc [NYSE: RDDT] shares were valued at $107.17 at the most recent close of the market. An investor can expect a potential return of 38.94% based on the average RDDT price forecast.
Analyzing the RDDT fundamentals
Trailing Twelve Months sales for Reddit Inc [NYSE:RDDT] were 1.30B which represents 71.25% growth. 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 104.14 points at the first support level, and at 101.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.87, and for the 2nd resistance point, it is at 116.58.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Reddit Inc [NYSE:RDDT] is 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 14.14, the price to book ratio is 9.07.
Transactions by insiders
Recent insider trading involved Wong Jennifer L., Chief Operating Officer, that happened on Apr 16 ’25 when 33334.0 shares were sold. CEO & President, Huffman Steve Ladd completed a deal on Apr 15 ’25 to sell 0.12 million shares. Meanwhile, CEO & President Huffman Steve Ladd sold 14000.0 shares on Mar 31 ’25.
