Reddit, Inc. Class A Common Stock logo

Reddit, Inc. Class A Common Stock (RDDT)

Market Closed
5 Dec, 20:00
NYSE NYSE
$
234. 11
+11.36
+5.1%
$
42.33B Market Cap
- P/E Ratio
0% Div Yield
5,937,181 Volume
- Eps
$ 222.75
Previous Close
Day Range
224.64 237.47
Year Range
79.75 282.95
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Earnings results expected in 36 days
Reddit's user surge and AI integration set to propel EBITDA growth, says Jefferies in initial coverage

Reddit's user surge and AI integration set to propel EBITDA growth, says Jefferies in initial coverage

Jefferies has initiated coverage on Reddit (NYSE:RDDT), citing the platform's impressive user growth, particularly after integrating AI-driven enhancements and improving its platform speed. Analysts initiated coverage with a "Buy" rating and a $90 price target, which implies a 28% upside from the current price.

Proactiveinvestors | 1 year ago
Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths

Reddit Stock Rises as Jefferies Calls Stock a 'Buy' on AI Strengths

Reddit (RDDT) shares climbed Wednesday after analysts at Jefferies initiated coverage of the social media platform with a "buy" rating, citing its success within Google search results and its artificial intelligence (AI) use cases.

Investopedia | 1 year ago
Reddit stock climbs after Jefferies initiates coverage with a buy rating

Reddit stock climbs after Jefferies initiates coverage with a buy rating

Jefferies estimates that Reddit's Ebitda will more than double in the next two years to around $450 million.

Marketwatch | 1 year ago
Reddit Stock Boosted by Fresh Analyst Coverage

Reddit Stock Boosted by Fresh Analyst Coverage

Reddit Inc (NYSE:RDDT) is 4.7% higher to trade at $74.09 after Jefferies initiated research coverage on the social media stock with a "buy" rating and a Street-high $90 price target.

Schaeffersresearch | 1 year ago
Reddit Stock Gains After Jefferies Initiates With Bullish View On Ad Strength, AI Deals

Reddit Stock Gains After Jefferies Initiates With Bullish View On Ad Strength, AI Deals

Reddit stock gained in early trading Wednesday after Jefferies initiated coverage of the social media company at buy.

Investors | 1 year ago
Reddit Inc. (RDDT) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Reddit Inc. (RDDT) Rises Yet Lags Behind Market: Some Facts Worth Knowing

The latest trading day saw Reddit Inc. (RDDT) settling at $70.77, representing a +0.47% change from its previous close.

Zacks | 1 year ago
Reddit Stock Faces Caution from JP Morgan: Strong Fundamentals, But Valuation Concerns Persist

Reddit Stock Faces Caution from JP Morgan: Strong Fundamentals, But Valuation Concerns Persist

JP Morgan analyst Doug Anmuth maintained a Neutral rating on Reddit, Inc RDDT with a price target of $77, up from $59.

Benzinga | 1 year ago
Financial Influencers on TikTok, Reddit, YouTube Behind Quick-Bucks ETF Retail Boom

Financial Influencers on TikTok, Reddit, YouTube Behind Quick-Bucks ETF Retail Boom

Across platforms like TikTok, YouTube and Reddit, financial influencers are promoting a new way to speculate in the stock market: derivatives-enhanced exchange-traded funds. Traders are sending $50 billion and counting across these kind of ETF strategies this year, with issuers saying they're meeting incessant demand for smart investing styles that were once solely the province of the financial elite.

Youtube | 1 year ago
Reddit Inc. (RDDT) Ascends While Market Falls: Some Facts to Note

Reddit Inc. (RDDT) Ascends While Market Falls: Some Facts to Note

The latest trading day saw Reddit Inc. (RDDT) settling at $65.97, representing a +0.08% change from its previous close.

Zacks | 1 year ago
Reddit Surges 33% Year to Date: To Buy or Not to Buy the Stock?

Reddit Surges 33% Year to Date: To Buy or Not to Buy the Stock?

RDDT stock is driven by robust user growth, expanding ad revenues and key partnerships, positioning it for continued success in the digital landscape.

Zacks | 1 year ago
Reddit CEO and Co-Founder Steve Huffman (spez) Talks About What's Driving Growth for the Platform

Reddit CEO and Co-Founder Steve Huffman (spez) Talks About What's Driving Growth for the Platform

You might use Reddit, but is it also worth a look for your portfolio?

Fool | 1 year ago
Reddit Inc. (RDDT) Increases Despite Market Slip: Here's What You Need to Know

Reddit Inc. (RDDT) Increases Despite Market Slip: Here's What You Need to Know

Reddit Inc. (RDDT) concluded the recent trading session at $67.88, signifying a +1.37% move from its prior day's close.

Zacks | 1 year ago
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