Reddit Analyst Price Targets - Benzinga

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Reddit Inc

RDDTNYSE

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$159.67

3.202.05%

Last update: Oct 9, 3:59 PM

$161.10

4.632.96%

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Reddit Analyst Price Targets

Wall Street analyst price targets and consensus rating for Reddit (RDDT).

Price Target Range — 7 Quarters

Analyst Consensus — 28 Analysts

3S.Buy

16Buy

9Hold

Consensus RatingBuy# Analysts28Avg. Consensus PT$223Upside to Avg. PT+39.5%

Rating Trend — Last 9 Months

Recent Analyst Actions

See all ratings →

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 9, 2026	Needham	Laura Martin	Maintained	Buy	$300
Sep 18, 2026	DA Davidson	Wyatt Swanson	PT Cut	Buy	$200→$185
Aug 21, 2026	Morgan Stanley	Brian Nowak	PT Cut	Overweight	$240→$210
Jul 31, 2026	JP Morgan	Doug Anmuth	PT Cut	Neutral	$200→$185
Jul 31, 2026	Oppenheimer	Jason Helfstein	PT Cut	Outperform	$225→$200
Jul 31, 2026	B. Riley Securities	Naved Khan	PT Raise	Buy	$250→$270
Jul 31, 2026	Wells Fargo	Alec Brondolo	PT Cut	Equal-Weight	$187→$142
Jul 31, 2026	Cantor Fitzgerald	Deepak Mathivanan	PT Cut	Neutral	$200→$170
Jul 31, 2026	Piper Sandler	Thomas Champion	PT Cut	Overweight	$215→$195
Jul 31, 2026	Wedbush	Ygal Arounian	PT Cut	Outperform	$250→$221
Jul 31, 2026	Truist Securities	Youssef Squali	PT Raise	Buy	$265→$275
Jul 29, 2026	Keybanc	Justin Patterson	Initiate	Overweight	$225
Jul 23, 2026	DA Davidson	Wyatt Swanson	Maintained	Buy	$200
Jul 16, 2026	Wedbush	Ygal Arounian	Assumes	Outperform	$250
Jul 7, 2026	Wells Fargo	Alec Brondolo	PT Raise	Equal-Weight	$176→$187
Jun 24, 2026	Needham	Laura Martin	Maintained	Buy	$300
Jun 4, 2026	Loop Capital	Rob Sanderson	Maintained	Buy	$260
May 1, 2026	Piper Sandler	Thomas Champion	PT Raise	Overweight	$205→$215
May 1, 2026	Wells Fargo	Alec Brondolo	PT Raise	Equal-Weight	$149→$176
May 1, 2026	Cantor Fitzgerald	Deepak Mathivanan	PT Raise	Neutral	$170→$180

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Analyst Ratings News

PRO
Needham Reiterates Buy on Reddit, Maintains $300 Price Target

Needham analyst Laura Martin reiterates Reddit (NYSE:RDDT) with a Buy and maintains $300 price target.

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DA Davidson Maintains Buy on Reddit, Lowers Price Target to $185

DA Davidson analyst Wyatt Swanson maintains Reddit (NYSE:RDDT) with a Buy and lowers the price target from $200 to $185.

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Morgan Stanley Maintains Overweight on Reddit, Lowers Price Target to $210

Morgan Stanley analyst Brian Nowak maintains Reddit (NYSE:RDDT) with a Overweight and lowers the price target from $240 to $210.

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JP Morgan Maintains Neutral on Reddit, Lowers Price Target to $185

JP Morgan analyst Doug Anmuth maintains Reddit (NYSE:RDDT) with a Neutral and lowers the price target from $200 to $185.

Benzinga Newsdesk

PRO
Oppenheimer Maintains Outperform on Reddit, Lowers Price Target to $200

Oppenheimer analyst Jason Helfstein maintains Reddit (NYSE:RDDT) with a Outperform and lowers the price target from $225 to $200.

Benzinga Newsdesk