Several analysts have recently updated their ratings and price targets for Reddit (NYSE: RDDT):
- 8/9/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/5/2026 – Reddit had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 8/3/2026 – Reddit had its “neutral” rating reaffirmed by Roth Capital. They now have a $145.00 price target on the stock.
- 8/1/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/31/2026 – Reddit had its price target raised by B. Riley Financial, Inc. from $250.00 to $270.00. They now have a “buy” rating on the stock.
- 7/31/2026 – Reddit was given a new $200.00 price target by Deutsche Bank Aktiengesellschaft.
- 7/31/2026 – Reddit had its price target lowered by Oppenheimer Holdings, Inc. from $225.00 to $200.00. They now have an “outperform” rating on the stock.
- 7/31/2026 – Reddit was given a new $185.00 price target by Robert W. Baird.
- 7/31/2026 – Reddit had its “overweight” rating reaffirmed by Piper Sandler. They now have a $195.00 price target on the stock, down from $215.00.
- 7/31/2026 – Reddit had its “buy” rating reaffirmed by UBS Group AG.
- 7/31/2026 – Reddit had its “buy” rating reaffirmed by Guggenheim.
- 7/31/2026 – Reddit had its price target lowered by Wells Fargo & Company from $187.00 to $142.00. They now have an “equal weight” rating on the stock.
- 7/31/2026 – Reddit had its “outperform” rating reaffirmed by Evercore Inc. They now have a $265.00 price target on the stock.
- 7/31/2026 – Reddit was given a new $240.00 price target by Telsey Advisory Group.
- 7/31/2026 – Reddit had its “market outperform” rating reaffirmed by Citigroup Inc..
- 7/31/2026 – Reddit had its “market perform” rating reaffirmed by Sanford C. Bernstein. They now have a $180.00 price target on the stock.
- 7/31/2026 – Reddit had its price target lowered by JPMorgan Chase & Co. from $200.00 to $185.00. They now have a “neutral” rating on the stock.
- 7/31/2026 – Reddit had its price target lowered by Cantor Fitzgerald from $200.00 to $170.00. They now have a “neutral” rating on the stock.
- 7/31/2026 – Reddit had its price target raised by Truist Financial Corporation from $265.00 to $275.00. They now have a “buy” rating on the stock.
- 7/31/2026 – Reddit had its price target lowered by Wedbush from $250.00 to $221.00. They now have an “outperform” rating on the stock.
- 7/29/2026 – Reddit is now covered by KeyCorp. They set an “overweight” rating and a $225.00 price target on the stock.
- 7/29/2026 – Reddit is now covered by KeyCorp. They set an “overweight” rating and a $225.00 price target on the stock.
- 7/28/2026 – Reddit was upgraded by KeyCorp to “strong-buy”.
- 7/27/2026 – Reddit was upgraded by Zacks Research from “hold” to “strong-buy”.
- 7/23/2026 – Reddit had its “outperform” rating reaffirmed by Wedbush.
- 7/23/2026 – Reddit had its “buy” rating reaffirmed by DA Davidson. They now have a $200.00 price target on the stock.
- 7/20/2026 – Reddit had its “neutral” rating reaffirmed by Cantor Fitzgerald. They now have a $200.00 price target on the stock.
- 7/16/2026 – Reddit is now covered by Wedbush. They set an “outperform” rating and a $250.00 price target on the stock.
- 7/10/2026 – Reddit was given a new $250.00 price target by Jefferies Financial Group Inc..
- 7/9/2026 – Reddit had its “mixed” rating reaffirmed by UBS Group AG.
- 7/9/2026 – Reddit had its “overweight” rating reaffirmed by Piper Sandler. They now have a $215.00 price target on the stock.
- 7/7/2026 – Reddit had its price target raised by Wells Fargo & Company from $176.00 to $187.00. They now have an “equal weight” rating on the stock.
- 6/24/2026 – Reddit had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
Insider Transactions at Reddit
In other Reddit news, CEO Steve Ladd Huffman sold 18,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $178.26, for a total transaction of $3,208,680.00. Following the completion of the transaction, the chief executive officer directly owned 373,814 shares in the company, valued at $66,636,083.64. This represents a 4.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Jennifer L. Wong sold 39,167 shares of Reddit stock in a transaction on Monday, May 18th. The shares were sold at an average price of $158.52, for a total value of $6,208,752.84. Following the transaction, the chief operating officer directly owned 1,088,451 shares of the company’s stock, valued at approximately $172,541,252.52. The trade was a 3.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 169,141 shares of company stock valued at $28,464,485. Corporate insiders own 28.48% of the company’s stock.
Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.
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