Reddit Inc (NYSE:RDDT) has seen 4.1 million shares traded in the last trading session. The company, currently valued at $30.26B, closed the last trade at $172.32 per share which meant it lost -$7.17 on the day or -3.99% during that session. The RDDT stock price is -8.92% off its 52-week high price of $187.69 and 78.33% above the 52-week low of $37.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.85 million shares traded. The 3-month trading volume is 6.76 million shares.

The consensus among analysts is that Reddit Inc (RDDT) is Buy stock at the moment, with a recommendation rating of 1.82. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 5 out of 12 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.

Reddit Inc (NYSE:RDDT) trade information

Sporting -3.99% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RDDT stock price touched $172.32 or saw a rise of 8.19%. Year-to-date, Reddit Inc shares have moved 5.43%, while the 5-day performance has seen it change 4.10%. Over the past 30 days, the shares of Reddit Inc (NYSE:RDDT) have changed 12.56%. Short interest in the company has seen 16.18 million shares shorted with days to cover at 2.31.

Wall Street analysts have a consensus price target for the stock at $99, which means that the shares’ value could drop -74.06% from current levels. The projected low price target is $50.0 while the price target rests at a high of $200.0. In that case, then, we find that the current price level is -16.06% off the targeted high while a plunge would see the stock lose 70.98% from current levels.

Reddit Inc (RDDT) estimates and forecasts

The company’s shares have gained 144.11% over the past 6 months, compared to 25.20% for the industry.

Earnings growth for 2025 is a modest -169.13% while over the next 5 years, the company’s earnings are expected to increase by 30.20%.

RDDT Dividends

Reddit Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Reddit Inc (NYSE:RDDT)’s Major holders

Insiders own 21.70% of the company shares, while shares held by institutions stand at 66.12% with a share float percentage of 84.44%. Investors are also buoyed by the number of investors in a company, with Reddit Inc having a total of 366.0 institutions that hold shares in the company.