REDDIT INC-CL A (RDDT)
US75734B1008 - Common Stock
ChartMill assigns a Buy % Consensus number of 78% to RDDT. The Buy consensus is the weighted average rating of the current analysts ratings.
Analysts have set a mean price target forecast of 152.46. This target is -15.06% below the current price.
RDDT was analyzed by 25 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about RDDT.
In the previous month the buy percentage consensus was at a similar level.
RDDT was analyzed by 25 analysts, which is quite many. So the average rating should be quite meaningful.
Price Target & Forecast
| Date | Firm | Action | Rating |
|---|---|---|---|
| 2024-12-20 | Guggenheim | Initiate | Buy |
| 2024-12-20 | Citigroup | Maintains | Buy -> Buy |
| 2024-12-11 | Needham | Maintains | Buy -> Buy |
| 2024-12-11 | Wells Fargo | Initiate | Overweight |
| 2024-12-11 | Baird | Maintains | Neutral -> Neutral |
| 2024-12-09 | Morgan Stanley | Upgrade | Equal-Weight -> Overweight |
| 2024-12-02 | Loop Capital | Maintains | Buy -> Buy |
| 2024-11-25 | JMP Securities | Maintains | Market Outperform -> Market Outperform |
| 2024-11-25 | Jefferies | Maintains | Buy -> Buy |
| 2024-11-19 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2024-10-30 | Roth MKM | Maintains | Buy -> Buy |
| 2024-10-30 | Bernstein | Maintains | Underperform -> Underperform |
| 2024-10-30 | JMP Securities | Maintains | Market Outperform -> Market Outperform |
| 2024-10-30 | Needham | Maintains | Buy -> Buy |
| 2024-10-30 | B. Riley Securities | Reiterate | Buy -> Buy |
| 2024-10-30 | Loop Capital | Maintains | Buy -> Buy |
| 2024-10-30 | B of A Securities | Maintains | Neutral -> Neutral |
| 2024-10-30 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2024-10-30 | Citigroup | Maintains | Buy -> Buy |
| 2024-10-25 | Loop Capital | Maintains | Buy -> Buy |
| 2024-10-23 | Roth MKM | Maintains | Buy -> Buy |
| 2024-10-22 | Jefferies | Maintains | Buy -> Buy |
| 2024-10-21 | B. Riley Securities | Maintains | Buy -> Buy |
| 2024-10-14 | Goldman Sachs | Maintains | Neutral -> Neutral |
| 2024-10-10 | Raymond James | Maintains | Strong Buy -> Strong Buy |
| 2024-10-09 | Needham | Maintains | Buy -> Buy |
| 2024-10-09 | Jefferies | Initiate | Buy |
| 2024-10-07 | JP Morgan | Maintains | Neutral -> Neutral |
| 2024-09-20 | B. Riley Securities | Initiate | Buy |
| 2024-09-18 | Needham | Reiterate | Buy -> Buy |