In last trading session, Reddit Inc (NYSE:RDDT) saw 4.42 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $189.66 trading at $2.53 or 1.35% at ring of the bell on the day assigns it a market valuation of $34.30B. That closing price of RDDT’s stock is at a discount of -21.49% from its 52-week high price of $230.41 and is indicating a premium of 80.31% from its 52-week low price of $37.35.

For Reddit Inc (RDDT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.82. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 6 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.02 in the current quarter.

Reddit Inc (NYSE:RDDT) trade information

Upright in the green during last session for gaining 1.35%, in the last five days RDDT remained trading in the red while hitting it’s week-highest on Wednesday, 02/12/25 when the stock touched $189.66 price level, adding 14.08% to its value on the day. Reddit Inc’s shares saw a change of 16.04% in year-to-date performance and have moved -11.27% in past 5-day. Reddit Inc (NYSE:RDDT) showed a performance of 8.17% in past 30-days.

Wall Street analysts have assigned a consensus price target of 114 to the stock, which implies a fall of -66.37% to its current value. Analysts have been projecting 77 as a low price target for the stock while placing it at a high target of 220. It follows that stock’s current price would jump 59.4% in reaching the projected high whereas dropping to the targeted low would mean a gain of 59.4% for stock’s current value.

Reddit Inc (RDDT) estimates and forecasts

This year revenue growth is estimated to rise 38.85% from the last financial year’s standing.

18 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 368.52M for the same. And 17 analysts are in estimates of company making revenue of 405.05M in the next quarter. Company posted 242.96M and 281.18M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -65.02% during past 5 years.

Reddit Inc (NYSE:RDDT)’s Major holders

FMR LLC is the top institutional holder at RDDT for having 3.02 million shares of worth $192.85 million. And as of 2024-06-30, it was holding 1.8362 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 2.44 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.4873 of outstanding shares, having a total worth of $156.21 million.

On the other hand, Fidelity OTC Portfolio and Fidelity Contrafund Inc are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.74 shares of worth $520.32 million or 2.19% of the total outstanding shares. The later fund manager was in possession of 2.33 shares on Dec 31, 2024 , making its stake of worth around $441.8 million in the company or a holder of 1.86% of company’s stock.