Reddit (NYSE:RDDT) Stock Price Target Cut by Deutsche Bank Aktiengesellschaft

Posted by Francis Steltz on Nov 2nd, 2026

Reddit (NYSE:RDDT – Get Free Report) had its price target cut by analysts at Deutsche Bank Aktiengesellschaft from $200.00 to $165.00 in a note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft‘s target price suggests a potential upside of 80.83% from the stock’s previous close.

RDDT has been the topic of a number of other research reports. BNP Paribas Exane lowered their target price on shares of Reddit from $180.00 to $110.00 in a report on Friday. Piper Sandler reaffirmed an “overweight” rating and issued a $195.00 price target (down from $215.00) on shares of Reddit in a report on Friday, July 31st. JPMorgan Chase & Co. cut their price target on Reddit from $185.00 to $150.00 and set a “neutral” rating for the company in a report on Friday. Raymond James Financial reiterated a “strong-buy” rating and issued a $205.00 price target on shares of Reddit in a research report on Monday, August 17th. Finally, Truist Financial decreased their price objective on Reddit from $275.00 to $210.00 and set a “buy” rating on the stock in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and fifteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $180.91.

Check Out Our Latest Analysis on RDDT

Reddit Price Performance

Shares of RDDT traded down $0.48 during trading hours on Friday, hitting $91.25. The company’s stock had a trading volume of 9,015,418 shares, compared to its average volume of 5,541,294. The company has a market cap of $17.56 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 0.42 and a beta of 2.05. The business has a 50 day simple moving average of $150.37 and a two-hundred day simple moving average of $160.26. Reddit has a 52-week low of $89.28 and a 52-week high of $263.50.

Reddit (NYSE:RDDT – Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $1.40 EPS for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. The company had revenue of $894.96 million for the quarter, compared to analysts’ expectations of $874.91 million. Reddit had a net margin of 32.10% and a return on equity of 30.57%. Reddit’s revenue was up 53.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.80 EPS. Research analysts predict that Reddit will post 5.28 earnings per share for the current year.

Insider Buying and Selling

In other Reddit news, Director Robert Sauerberg sold 5,128 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $159.92, for a total value of $820,069.76. Following the sale, the director directly owned 27,087 shares in the company, valued at $4,331,753.04. This represents a 15.92% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Steve Huffman sold 17,308 shares of the firm’s stock in a transaction on Tuesday, October 13th. The shares were sold at an average price of $158.57, for a total transaction of $2,744,529.56. Following the completion of the transaction, the chief executive officer directly owned 336,432 shares of the company’s stock, valued at approximately $53,348,022.24. The trade was a 4.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 306,052 shares of company stock valued at $49,754,523. Company insiders own 28.48% of the company’s stock.

Institutional Investors Weigh In On Reddit

Large investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. grew its position in Reddit by 87.5% during the first quarter. Sunbelt Securities Inc. now owns 195 shares of the company’s stock worth $26,000 after buying an additional 91 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Reddit by 48.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 197 shares of the company’s stock worth $34,000 after acquiring an additional 64 shares during the last quarter. Beacon Investment Advisory Services Inc. purchased a new stake in shares of Reddit in the 2nd quarter valued at about $35,000. Ascentis Independent Advisors purchased a new stake in shares of Reddit in the 1st quarter valued at about $30,000. Finally, Hager Investment Management Services LLC boosted its position in shares of Reddit by 522.2% during the 2nd quarter. Hager Investment Management Services LLC now owns 280 shares of the company’s stock valued at $49,000 after acquiring an additional 235 shares during the last quarter.

Key Headlines Impacting Reddit

Here are the key news stories impacting Reddit this week:

Positive Sentiment: Reddit’s latest quarterly results showed substantial operating momentum: revenue rose 53% year over year to approximately $895 million, while earnings per share exceeded analyst expectations. Advertising engagement and higher average revenue per user could support the company’s long-term monetization outlook. Reddit: Google Is Taking Its Traffic, But The Selloff Has Gone Too Far
Positive Sentiment: Some investors view the decline as excessive relative to Reddit’s revenue growth and profitability, arguing that fears over Google’s AI search changes may already be reflected in the valuation. Reddit Stock Crashes Again: Is the Stock a Buy on the Dip or a Value Trap?
Neutral Sentiment: A valuation comparison with Spotify highlights Reddit as a potential value opportunity, but the conclusion depends on whether investors prioritize Reddit’s faster growth or Spotify’s more established user and revenue trends. RDDT vs. SPOT: Which Stock Is the Better Value Option?
Negative Sentiment: The primary pressure is a worsening user-growth outlook. Google’s AI search changes appear to be reducing traffic to Reddit, particularly in the U.S., while management’s push toward logged-in users could protect monetization but make it harder and more expensive to attract new users. Reddit Stock Plunges After Google AI Cuts U.S. Traffic
Negative Sentiment: Several firms reduced their ratings or price targets, including JPMorgan, Evercore, Loop Capital, Oppenheimer, Citigroup, Cantor Fitzgerald, Truist, Wells Fargo and Wedbush. Although many revised targets remain above the current market level, the broad analyst caution is weighing on confidence in RDDT’s near-term outlook.

Reddit Company Profile

(Get Free Report)

Reddit, Inc operates a global online platform where users participate in communities organized around shared interests, topics and activities. Members can submit text posts, links, images and videos, as well as comment on and vote on content. The platform includes thousands of communities, commonly known as subreddits, covering subjects such as news, entertainment, technology, sports, finance and lifestyle.

Reddit generates revenue primarily through digital advertising, offering advertisers access to audiences based on community interests and user engagement.