In last trading session, Reddit Inc (NYSE:RDDT) saw 9.05 million shares changing hands with its beta currently measuring 2.15. Company’s recent per share price level of $141.68 trading at $0.89 or 0.63% at ring of the bell on the day assigns it a market valuation of $26.14B. That closing price of RDDT’s stock is at a discount of -62.63% from its 52-week high price of $230.41 and is indicating a premium of 65.32% from its 52-week low price of $49.13.
For Reddit Inc (RDDT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.90. 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.
Reddit Inc (NYSE:RDDT) trade information
Upright in the green during last session for gaining 0.63%, in the last five days RDDT remained trading in the green while hitting it’s week-highest on Wednesday, 06/25/25 when the stock touched $141.68 price level, adding 7.96% to its value on the day. Reddit Inc’s shares saw a change of 147.26% in year-to-date performance and have moved 5.86% in past 5-day. Reddit Inc (NYSE:RDDT) showed a performance of 40.61% in past 30-days.
Wall Street analysts have assigned a consensus price target of 150 to the stock, which implies a rise of 5.55% to its current value. Analysts have been projecting 75 as a low price target for the stock while placing it at a high target of 210. It follows that stock’s current price would jump 47.06% in reaching the projected high whereas dropping to the targeted low would mean a gain of 47.06% for stock’s current value.
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.