Reddit (RDDT) PT Raised to $185 at JPMorgan

Reddit (RDDT) PT Lowered to $225 at Jefferies

February 13, 2025 5:19 AM EST

Jefferies analyst John Colantuoni lowered the price target on Reddit (NYSE: RDDT) to $225.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "RDDT continued to execute on diversifying customers/products to help deliver a 5th straight acceleration in Advertising Revenue. However, impressive... More

Raymond James Reiterates Strong Buy Rating on Reddit (RDDT)

February 13, 2025 5:09 AM EST

Raymond James analyst Josh Beck reiterated a Strong Buy rating and $250.00 price target on Reddit (NYSE: RDDT)

The analyst comments "The Call: Reiterate Strong Buy on RDDT and would be buyers on the pullback as late quarter Google algorithm changes (note Google core update December 12-18) contributed to an unexpected... More

Reddit (RDDT) PT Raised to $220 at Citi

February 13, 2025 4:53 AM EST

Citi analyst Ronald Josey raised the price target on Reddit (NYSE: RDDT) to $220.00 (from $200.00) while maintaining a Buy rating.

The analyst comments "Although Reddit reported a beat & raise quarter with 4Q revenue & EBITDA coming in ~6% and 21% above consensus, respectively, and 1Q revenue and EBITDA... More

Reddit (RDDT) PT Raised to $200 at JMP Securities

February 13, 2025 4:13 AM EST

JMP Securities analyst Andrew Boone raised the price target on Reddit (NYSE: RDDT) to $200.00 (from $190.00) while maintaining a Market Outperform rating.

The analyst commented, While the company was clear that SEO has already recovered, U.S. DAUq comps toughen over the... More

Reddit (RDDT) PT Raised to $185 at Goldman Sachs

February 13, 2025 12:19 AM EST

Goldman Sachs analyst Eric Sheridan raised the price target on Reddit (NYSE: RDDT) to $185.00 (from $176.00) while maintaining a Neutral rating.

The analyst comments: "In Reddits Q424 earnings report, management framed its operating results and forward commentary across a few key themes: 1) continued... More

Guggenheim Reiterates Buy Rating on Reddit (RDDT)

February 13, 2025 12:09 AM EST

Guggenheim analyst Michael Morris reiterated a Buy rating and $210.00 price target on Reddit (NYSE: RDDT)

The analyst comments: "4Q financial performance was ahead of our/consensus forecasts despite slower-than-anticipated domestic daily active uniques (DAUq) growth. Management attributed DAUq volatility to a... More

Reddit shares sink despite Q4 profit beat

February 12, 2025 4:53 PM EST

Investing.com -- Reddit Inc (NYSE: RDDT) reported a better than expected fourth-quarter earnings helped by user growth and higher advertising revenue. But Reddit shares, which has gained roughly 31% so... More

After-hours movers: Cisco, Reddit, The Trade Desk, Robinhood and more

February 12, 2025 4:51 PM EST

After-hours movers:

Cisco Systems (NASDAQ: CSCO) rose 6.2% after delivering strong quarterly results and guidance. Product orders up 29% year over year; up 11% excluding Splunk.

Reddit (NYSE: RDDT) fell 15% after guidance misses estimates. Daily Active Uniques... More

Reddit, Inc. (RDDT) Tops Q4 EPS by 11c, Offers Guidance

February 12, 2025 4:12 PM EST

Reddit, Inc. (NYSE: RDDT) reported Q4 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $427.7 million, versus $405.6 million reported last year.

Daily Active Uniques (DAUq) increased 39% year-over-year to 101.7 million

GUIDANCE:

Reddit, Inc. sees Q1 2025... More

Reddit misses daily active unique visitors estimates on Google algorithm change, shares tumble

February 12, 2025 4:10 PM EST

By Jaspreet Singh

(Reuters) - Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by a change in Google's search algorithm that impacted how often the social media platform appeared in the search results, sending its shares down 15% in extended trading.

The San Francisco-based company's stock, which debuted in March 2024, gained nearly five-fold last year.

Reddit experienced some volatility with Google search later in the fourth quarter, triggered by a periodic algorithm change, but traffic from search has recovered so... More

Reddit (RDDT) call put ratio 1.5 calls to 1 put into quarter results

February 12, 2025 10:38 AM EST

Reddit (NYSE: RDDT) February 14 weekly call option implied volatility is at 246, February is at 133; compared to its 52-week range of 51 to 166 into the expected release of quarter results after the bell on February 12. Call put ratio 1.5 calls to 1 put.

... More

Reddit Q4 earnings preview: What analysts expect

February 12, 2025 8:30 AM EST

Reddit (NYSE: RDDT) is scheduled to report its fiscal Q4 2024 earnings on Feb. 12 after the market close, with Wall Street analysts being largely bullish in their previews.

Deutsche Bank analysts believe Reddit is well-positioned heading into the print, citing healthy digital ad checks (specifically in the US), consistent data licensing revenue quarter-over-quarter (q/q), and incremental deal activity representing potential upside.

They forecast fourth-quarter revenue to reach $409 million, representing a 17% growth q/q, which is above the consensus and management's guidance.

Separately, Wells Fargo analysts also maintain a positive outlook... More

Stocks expected to have increasing option volume: RDDT AMAT DE PANW PCG TWLO DKNG USFD GDDY BAX ROKU SN T

February 12, 2025 4:02 AM EST

Stocks expected to have increasing option volume: RDDT AMAT DE PANW PCG TWLO DKNG USFD GDDY BAX ROKU SN T

... More

Reddit (RDDT) calls more active than puts into quarter results

February 11, 2025 10:47 AM EST

Reddit (NYSE: RDDT) February 14 weekly call option implied volatility is at 206, February is at 133; compared to its 52-week range of 51 to 166 into the expected release of quarter results after the bell on February 12. Call put ratio 1.5 calls to 1 put.

... More