Reddit Inc [NYSE: RDDT] slipped around -2.81 points on Monday, while shares priced at $104.90 at the close of the session, down -2.61%.
Compared to the average trading volume of 7.26M shares, RDDT reached a trading volume of 9500280 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Reddit Inc [RDDT]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RDDT shares is $189.95 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RDDT stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Redburn Atlantic have made an estimate for Reddit Inc shares, keeping their opinion on the stock as Sell, with their previous recommendation back on March 17, 2025. While these analysts kept the previous recommendation, Seaport Research Partners raised their target price to Neutral. The new note on the price target was released on February 06, 2025, representing the official price target for Reddit Inc stock. Previously, the target price had yet another raise from $116 to $195, while ROTH MKM kept a Neutral rating on RDDT stock.
The Average True Range (ATR) for Reddit Inc is set at 12.02, with the Price to Sales ratio for RDDT stock in the period of the last 12 months amounting to 14.60. The Price to Book ratio for the last quarter was 8.88, with the Price to Cash per share for the same quarter was set at 10.18. Price to Free Cash Flow for RDDT in the course of the last twelve months was 87.93 with Quick ratio for the last quarter at 12.63.
How has RDDT stock performed recently?
Reddit Inc [RDDT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.04. With this latest performance, RDDT shares dropped by -35.16% in over the last four-week period, additionally plugging by 57.70% over the last 6 months – not to mention a rise of 81.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RDDT stock in for the last two-week period is set at 33.69, with the RSI for the last a single of trading hit 31.83, and the three-weeks RSI is set at 35.72 for Reddit Inc [RDDT]. The present Moving Average for the last 50 days of trading for this stock 164.15, while it was recorded at 113.69 for the last single week of trading, and 112.55 for the last 200 days.
Reddit Inc [RDDT]: Deeper insight into the fundamentals
Reddit Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 12.63 and a Current Ratio set at 12.63.
Insider trade positions for Reddit Inc [RDDT]
There are presently around $83.44%, or 102.03%% of RDDT stock, in the hands of institutional investors. The top three institutional holders of RDDT stocks are: FMR LLC with ownership of 3.02 million shares, which is approximately 1.8362%. VANGUARD GROUP INC, holding 2.44 million shares of the stock with an approximate value of $$156.21 million in RDDT stocks shares; and VANGUARD GROUP INC, currently with $$133.49 million in RDDT stock with ownership which is approximately 1.2711%.
