Reddit (NYSE:RDDT) Stock Price Target Lowered at Deutsche Bank Aktiengesellschaft

Reddit (NYSE:RDDT) had its target price trimmed by Deutsche Bank Aktiengesellschaft from $200.00 to $165.00 in a research report sent to investors on Friday morning. The firm currently has a buy rating on the stock.

RDDT has been the topic of a number of other reports. Cantor Fitzgerald lowered their price objective on Reddit from $170.00 to $120.00 and set a “neutral” rating on the stock in a research note on Friday. Guggenheim cut their target price on shares of Reddit from $255.00 to $170.00 and set a “buy” rating for the company in a research report on Friday. Needham & Company LLC lowered their price target on shares of Reddit from $300.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday. Wells Fargo & Company lowered their price target on shares of Reddit from $142.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Friday. Finally, Wall Street Zen downgraded shares of Reddit from a “buy” rating to a “hold” rating in a report on Sunday, August 9th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $180.91.

Reddit Stock Down 0.3%

RDDT stock traded down $0.30 during trading on Friday, reaching $91.43. The stock had a trading volume of 8,923,154 shares, compared to its average volume of 5,541,294. Reddit has a one year low of $89.28 and a one year high of $263.50. The company’s 50 day moving average is $150.37 and its two-hundred day moving average is $160.26. The company has a market capitalization of $17.59 billion, a price-to-earnings ratio of 18.70, a P/E/G ratio of 0.42 and a beta of 2.05.

Reddit (NYSE:RDDT) last issued its quarterly earnings results on Thursday, October 29th. The company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The company had revenue of $894.96 million for the quarter, compared to the consensus estimate of $874.91 million. Reddit had a net margin of 32.10% and a return on equity of 30.57%. The firm’s quarterly revenue was up 53.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.80 EPS. As a group, research analysts predict that Reddit will post 5.28 earnings per share for the current fiscal year.

Insider Activity

In related news, COO Jennifer L. Wong sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 14th. The shares were sold at an average price of $150.55, for a total transaction of $9,033,000.00. Following the completion of the transaction, the chief operating officer owned 1,012,226 shares of the company’s stock, valued at approximately $152,390,624.30. The trade was a 5.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert A. Sauerberg sold 5,128 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $159.92, for a total transaction of $820,069.76. Following the sale, the director directly owned 27,087 shares in the company, valued at $4,331,753.04. This trade represents a 15.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 306,052 shares of company stock worth $49,754,523 over the last ninety days. Company insiders own 28.48% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Sunbelt Securities Inc. raised its position in shares of Reddit by 87.5% in the first quarter. Sunbelt Securities Inc. now owns 195 shares of the company’s stock worth $26,000 after buying an additional 91 shares in the last quarter. Ascentis Independent Advisors bought a new stake in Reddit during the first quarter valued at $30,000. EverSource Wealth Advisors LLC grew its position in Reddit by 48.1% during the second quarter. EverSource Wealth Advisors LLC now owns 197 shares of the company’s stock worth $34,000 after buying an additional 64 shares in the last quarter. Beacon Investment Advisory Services Inc. purchased a new position in Reddit during the second quarter worth about $35,000. Finally, Root Financial Partners LLC bought a new position in Reddit in the 3rd quarter worth about $41,000.

Trending Headlines about Reddit

Here are the key news stories impacting Reddit this week:

• Positive Sentiment: Reddit’s latest quarterly results showed substantial operating momentum: revenue rose 53% year over year to approximately $895 million, while earnings per share exceeded analyst expectations. Advertising engagement and higher average revenue per user could support the company’s long-term monetization outlook. Reddit: Google Is Taking Its Traffic, But The Selloff Has Gone Too Far
• Positive Sentiment: Some investors view the decline as excessive relative to Reddit’s revenue growth and profitability, arguing that fears over Google’s AI search changes may already be reflected in the valuation. Reddit Stock Crashes Again: Is the Stock a Buy on the Dip or a Value Trap?
• Neutral Sentiment: A valuation comparison with Spotify highlights Reddit as a potential value opportunity, but the conclusion depends on whether investors prioritize Reddit’s faster growth or Spotify’s more established user and revenue trends. RDDT vs. SPOT: Which Stock Is the Better Value Option?
• Negative Sentiment: The primary pressure is a worsening user-growth outlook. Google’s AI search changes appear to be reducing traffic to Reddit, particularly in the U.S., while management’s push toward logged-in users could protect monetization but make it harder and more expensive to attract new users. Reddit Stock Plunges After Google AI Cuts U.S. Traffic
• Negative Sentiment: Several firms reduced their ratings or price targets, including JPMorgan, Evercore, Loop Capital, Oppenheimer, Citigroup, Cantor Fitzgerald, Truist, Wells Fargo and Wedbush. Although many revised targets remain above the current market level, the broad analyst caution is weighing on confidence in RDDT’s near-term outlook.

Reddit Company Profile

Reddit, Inc operates a global online platform where users participate in communities organized around shared interests, topics and activities. Members can submit text posts, links, images and videos, as well as comment on and vote on content. The platform includes thousands of communities, commonly known as subreddits, covering subjects such as news, entertainment, technology, sports, finance and lifestyle.

Reddit generates revenue primarily through digital advertising, offering advertisers access to audiences based on community interests and user engagement.