Weekly Analysts’ Ratings Changes for Reddit (RDDT)

Several brokerages have updated their recommendations and price targets on shares of Reddit (NYSE: RDDT) in the last few weeks:

• 8/24/2026 – Reddit had its “market outperform” rating reaffirmed by Citigroup Inc..
• 8/21/2026 – Reddit had its price target lowered by Morgan Stanley from $240.00 to $210.00. They now have an “overweight” rating on the stock.
• 8/17/2026 – Reddit had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $205.00 price target on the stock.
• 8/9/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 8/5/2026 – Reddit had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 8/3/2026 – Reddit had its “neutral” rating reaffirmed by Roth Capital. They now have a $145.00 price target on the stock.
• 8/1/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 7/31/2026 – Reddit had its price target raised by B. Riley Financial, Inc. from $250.00 to $270.00. They now have a “buy” rating on the stock.
• 7/31/2026 – Reddit was given a new $200.00 price target by Deutsche Bank Aktiengesellschaft.
• 7/31/2026 – Reddit had its price target lowered by Oppenheimer Holdings, Inc. from $225.00 to $200.00. They now have an “outperform” rating on the stock.
• 7/31/2026 – Reddit was given a new $185.00 price target by Robert W. Baird.
• 7/31/2026 – Reddit had its “overweight” rating reaffirmed by Piper Sandler. They now have a $195.00 price target on the stock, down from $215.00.
• 7/31/2026 – Reddit had its “buy” rating reaffirmed by UBS Group AG.
• 7/31/2026 – Reddit had its “buy” rating reaffirmed by Guggenheim.
• 7/31/2026 – Reddit had its price target lowered by Wells Fargo & Company from $187.00 to $142.00. They now have an “equal weight” rating on the stock.
• 7/31/2026 – Reddit had its “outperform” rating reaffirmed by Evercore Inc. They now have a $265.00 price target on the stock.
• 7/31/2026 – Reddit was given a new $240.00 price target by Telsey Advisory Group.
• 7/31/2026 – Reddit had its “market outperform” rating reaffirmed by Citigroup Inc..
• 7/31/2026 – Reddit had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $180.00 price target on the stock.
• 7/31/2026 – Reddit had its price target lowered by JPMorgan Chase & Co. from $200.00 to $185.00. They now have a “neutral” rating on the stock.
• 7/31/2026 – Reddit had its price target lowered by Cantor Fitzgerald from $200.00 to $170.00. They now have a “neutral” rating on the stock.
• 7/31/2026 – Reddit had its price target raised by Truist Financial Corporation from $265.00 to $275.00. They now have a “buy” rating on the stock.
• 7/31/2026 – Reddit had its price target lowered by Wedbush from $250.00 to $221.00. They now have an “outperform” rating on the stock.
• 7/29/2026 – Reddit is now covered by KeyCorp. They set an “overweight” rating and a $225.00 price target on the stock.
• 7/29/2026 – Reddit is now covered by KeyCorp. They set an “overweight” rating and a $225.00 price target on the stock.
• 7/28/2026 – Reddit was upgraded by KeyCorp to “strong-buy”.
• 7/27/2026 – Reddit was upgraded by Zacks Research from “hold” to “strong-buy”.
• 7/23/2026 – Reddit had its “outperform” rating reaffirmed by Wedbush.
• 7/23/2026 – Reddit had its “buy” rating reaffirmed by DA Davidson. They now have a $200.00 price target on the stock.
• 7/20/2026 – Reddit had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $200.00 price target on the stock.
• 7/16/2026 – Reddit is now covered by Wedbush. They set an “outperform” rating and a $250.00 price target on the stock.
• 7/10/2026 – Reddit was given a new $250.00 price target by Jefferies Financial Group Inc..
• 7/9/2026 – Reddit had its “mixed” rating reaffirmed by UBS Group AG.
• 7/9/2026 – Reddit had its “overweight” rating reaffirmed by Piper Sandler. They now have a $215.00 price target on the stock.
• 7/7/2026 – Reddit had its price target raised by Wells Fargo & Company from $176.00 to $187.00. They now have an “equal weight” rating on the stock.

Insider Buying and Selling

In related news, CEO Steve Ladd Huffman sold 18,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $178.16, for a total transaction of $3,206,880.00. Following the completion of the sale, the chief executive officer directly owned 373,814 shares in the company, valued at approximately $66,598,702.24. This trade represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer L. Wong sold 75,000 shares of Reddit stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $178.55, for a total value of $13,391,250.00. Following the sale, the chief operating officer directly owned 1,050,339 shares of the company’s stock, valued at $187,538,028.45. This trade represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 204,974 shares of company stock worth $36,025,162. Insiders own 28.48% of the company’s stock.

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.