RDDT
Reddit, Inc. · Communication Services · Internet Content & Information
$159.91
+2.20% today · +8.15% 1W
Oct 9 close or latest
ReadoutWhy it's moving
Up on new advertising tools launch
- RDDT +2.20% on the last session vs SPY +0.60%: +1.6 pts of stock-specific move.
- News: Reddit launched new lead generation ad tools and AI-powered Max campaigns, per finance.yahoo.com. (finance.yahoo.com)
- 10 Reddit mentions in the past 24 hours, 81% positive over the week.
- 1 analyst action in the past 10 days (0 positive, 0 negative); latest: Needham reiterated Buy, target $300.
- 3 insider or congressional trades in the past 30 days.
- Market backdrop (Wed): Minutes of the Federal Open Market Committee, September 15-16, 2026; S&P futures +0.03%, 10-year yield -1bp in the 30 minutes after.
Assembled from Wallsti's own signals and the session's headlines and filings read by AI (Claude); it can misread, so the sources are linked.
Meta Analyst score · Buy (+0.76)
Every firm's latest rating in the past year, each weighted by its age (a 3-month-old call counts half as much as today's), blended with the consensus of 34 analysts (+0.79, counted like 1.5 fresh ratings). 23 firms, 12 with a call in the past 3 months.
| Firm | Latest rating | Date | Weight |
|---|---|---|---|
| Needham | Buy | Oct 9, 2026 | 9% |
| DA Davidson | Buy | Sep 18, 2026 | 7% |
| Morgan Stanley | Overweight | Aug 21, 2026 | 6% |
| Wedbush | Outperform | Jul 31, 2026 | 5% |
| Truist Securities | Buy | Jul 31, 2026 | 5% |
| Piper Sandler | Overweight | Jul 31, 2026 | 5% |
| Cantor Fitzgerald | Neutral | Jul 31, 2026 | 5% |
| Wells Fargo | Equal-Weight | Jul 31, 2026 | 5% |
| B. Riley Securities | Buy | Jul 31, 2026 | 5% |
| Oppenheimer | Outperform | Jul 31, 2026 | 5% |
| JP Morgan | Neutral | Jul 31, 2026 | 5% |
| Keybanc | Overweight | Jul 29, 2026 | 5% |
Mean target
$213.71
+33.6% upside
Median target
$210.00
+31.3% upside
Target range
130.00–300.00
low to high
Analysts
34
as of Oct 10
Price vs. targets
Low $130
Mean $214
High $300
Now $159.91
Consensus
Strong buy 6Buy 16Hold 11Sell 1Strong sell 0
Rating and target changes
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| Oct 9, 2026 | Needham | Reiterated | Buy | $300.00 |
| Sep 18, 2026 | DA Davidson | Lowered target | Buy | $200.00 → $185.00 |
| Aug 21, 2026 | Morgan Stanley | Lowered target | Overweight | $240.00 → $210.00 |
| Jul 31, 2026 | Wedbush | Lowered target | Outperform | $250.00 → $221.00 |
| Jul 31, 2026 | Truist Securities | Raised target | Buy | $265.00 → $275.00 |
| Jul 31, 2026 | Piper Sandler | Lowered target | Overweight | $215.00 → $195.00 |
| Jul 31, 2026 | Cantor Fitzgerald | Lowered target | Neutral | $200.00 → $170.00 |
| Jul 31, 2026 | Wells Fargo | Lowered target | Equal-Weight | $187.00 → $142.00 |
| Jul 31, 2026 | B. Riley Securities | Raised target | Buy | $250.00 → $270.00 |
| Jul 31, 2026 | Oppenheimer | Lowered target | Outperform | $225.00 → $200.00 |
| Jul 31, 2026 | JP Morgan | Lowered target | Neutral | $200.00 → $185.00 |
| Jul 29, 2026 | Keybanc | Initiated | Overweight | $225.00 |
| Jul 23, 2026 | DA Davidson | Reiterated | Buy | $200.00 |
| Jul 7, 2026 | Wells Fargo | Raised target | Equal-Weight | $176.00 → $187.00 |
| Jun 24, 2026 | Needham | Reiterated | Buy | $300.00 |
| Jun 4, 2026 | Loop Capital | Reiterated | Buy | $260.00 |
| May 1, 2026 | Needham | Reiterated | Buy | $300.00 |
| May 1, 2026 | DA Davidson | Reiterated | Buy | $200.00 |
| May 1, 2026 | Evercore ISI Group | Raised target | Outperform | $290.00 → $300.00 |
| May 1, 2026 | Citizens | Lowered target | Market Outperform | $250.00 → $240.00 |
| May 1, 2026 | Cantor Fitzgerald | Raised target | Neutral | $170.00 → $180.00 |
| May 1, 2026 | Wells Fargo | Raised target | Equal-Weight | $149.00 → $176.00 |
| May 1, 2026 | Piper Sandler | Raised target | Overweight | $205.00 → $215.00 |
| Apr 22, 2026 | Citizens | Lowered target | Market Outperform | $300.00 → $250.00 |
| Apr 21, 2026 | DA Davidson | Initiated | Buy | $200.00 |
| Apr 14, 2026 | Goldman Sachs | Lowered target | Neutral | $206.00 → $180.00 |
| Apr 7, 2026 | Truist Securities | Lowered target | Buy | $275.00 → $260.00 |
| Apr 7, 2026 | Wells Fargo | Lowered target | Equal-Weight | $196.00 → $149.00 |
| Apr 2, 2026 | B of A Securities | Lowered target | Neutral | $205.00 → $175.00 |
| Mar 10, 2026 | Jefferies | Lowered target | Buy | $285.00 → $250.00 |
| Feb 9, 2026 | Goldman Sachs | Lowered target | Neutral | $236.00 → $206.00 |
| Feb 6, 2026 | Needham | Reiterated | Buy | $300.00 |
| Feb 6, 2026 | Guggenheim | Raised target | Buy | $245.00 → $255.00 |
| Feb 6, 2026 | Cantor Fitzgerald | Lowered target | Neutral | $240.00 → $170.00 |
| Feb 6, 2026 | Piper Sandler | Lowered target | Overweight | $290.00 → $205.00 |
| Feb 6, 2026 | Truist Securities | Raised target | Buy | $270.00 → $275.00 |
| Feb 6, 2026 | Oppenheimer | Lowered target | Outperform | $300.00 → $250.00 |
| Feb 6, 2026 | JP Morgan | Lowered target | Neutral | $227.00 → $200.00 |
| Jan 30, 2026 | Roth Capital | Raised target | Neutral | $210.00 → $215.00 |
| Jan 23, 2026 | Guggenheim | Reiterated | Buy | $245.00 |
Source: Yahoo Finance analyst data, collected daily.