Equites Radar

RDDT · Reddit, Inc.

Internet Content & InformationUnited StatesAnalyst view: Buy

$168.73

-0.44% last session

End-of-day data · updated 2026-07-28

Mildly bearish1 bullish · 3 bearish technical signals
Consensus: Buy (1.91 from 32 analysts)
To mean target: +34.7%

Market cap

$35B

Enterprise value

$32B

Trailing P/E

51.4

Forward P/E

19.6

Dividend yield

Beta

1.94

Avg volume

5M

Employees

3K

2D change

5D change

6.19%

10D change

-1.08%

30D change

7.36%

60D change

1.84%

MTD change

-9.37%

YTD change

-22.03%

Analyst Outlook

Consensus ratingBuy
Recommendation mean (1–5)1.91
Covering analysts32
Mean price target$227.30
Low price target$120.00
Upside to mean target+34.7%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)48.6
50-day MA$174.74
200-day MA$180.66
Price vs 50-day MA+2.1%
Price vs 200-day MA-1.2%
MACD histogram-2.75
Volume vs 3-month avg0.6×
52w low $121.8452w high $270.71

Analyst sentiment over time — RDDT

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-23

Latest call per bank · past 12 months

Wells Fargo

Equal-Weight

$187

+10.8% vs price
▲ raised from $176Maintains · 2026-07-07

Goldman Sachs

Neutral

$180

+6.7% vs price
▼ cut from $206Maintains · 2026-04-14

Bank of America

Neutral

$175

+3.7% vs price
▼ cut from $205Maintains · 2026-04-02

Jefferies

Buy

$250

+48.2% vs price
▼ cut from $285Maintains · 2026-03-10

JP Morgan

Neutral

$200

+18.5% vs price
▼ cut from $227Maintains · 2026-02-06

Morgan Stanley

Overweight

$265

+57.1% vs price
▲ raised from $250Maintains · 2026-01-13

Citigroup

Buy

$265

+57.1% vs price
▲ raised from $250Maintains · 2025-11-03

RBC Capital

Sector Perform

$210

+24.5% vs price
Reiterates · 2025-08-22

Recent rating actions

DateFirmActionRatingPrice target
2026-07-23DA DavidsonMaintainsBuy$200
2026-07-07Wells FargoMaintainsEqual-Weight$176 $187
2026-06-24NeedhamReiteratesBuy$300
2026-06-04Loop CapitalMaintainsBuy$260
2026-05-01Piper SandlerReiteratesOverweight$205 $215
2026-05-01Wells FargoMaintainsEqual-Weight$149 $176
2026-05-01Cantor FitzgeraldMaintainsNeutral$170 $180
2026-05-01CitizensMaintainsMarket Outperform$250 $240

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 49 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 2.1% above the 50-day MA ($174.74).
  • Price vs 200-day MA: Trading 1.2% below the 200-day MA ($180.66).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is negative (-2.75) — short-term momentum is fading.
  • 52-week range: Price sits between the 52-week low ($121.84) and high ($270.71).

RDDT Price Chart

Loading chart for RDDT

Fundamentals

Revenue (TTM)$2.0B
EBITDA$1.0B
Free cash flow$1.0B
Operating cash flow$1.0B
Book value / share$16.53
Net debt / EBITDA-4.3
WACC17.0%
Revenue growth69.00%
Earnings growth675.00%

About Reddit, Inc.

Reddit, Inc. operates a digital community in the United States and internationally. The company's platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging. It also organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. Reddit, Inc. was founded in 2005 and is headquartered in San Francisco, California.

More in Internet Content & Information

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.