Reddit (RDDT) – Research Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Reddit (NYSE: RDDT) in the last few weeks:

• 5/10/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/8/2026 – Reddit had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 5/5/2026 – Reddit was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/2/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/1/2026 – Reddit had its “neutral” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $200.00 price target on the stock.
• 5/1/2026 – Reddit was given a new $265.00 price target by Truist Financial Corporation.
• 5/1/2026 – Reddit was given a new $180.00 price target by Raymond James Financial, Inc.. They now have a “market perform” rating on the stock.
• 5/1/2026 – Reddit had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $225.00 price target on the stock.
• 5/1/2026 – Reddit had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc.. They now have a $225.00 price target on the stock.
• 5/1/2026 – Reddit had its price target raised by Wells Fargo & Company from $149.00 to $176.00. They now have an “equal weight” rating on the stock.
• 5/1/2026 – Reddit had its “outperform” rating reaffirmed by Citigroup Inc..
• 5/1/2026 – Reddit had its “overweight” rating reaffirmed by Piper Sandler. They now have a $215.00 price target on the stock, up from $205.00.
• 5/1/2026 – Reddit had its price target raised by Cantor Fitzgerald from $170.00 to $180.00. They now have a “neutral” rating on the stock.
• 5/1/2026 – Reddit had its price target lowered by Citizens Jmp from $250.00 to $240.00. They now have a “market outperform” rating on the stock.
• 5/1/2026 – Reddit had its “buy” rating reaffirmed by DA Davidson. They now have a $200.00 price target on the stock.
• 5/1/2026 – Reddit had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $300.00 price target on the stock.
• 4/27/2026 – Reddit was given a new $110.00 price target by Rothschild & Co Redburn.
• 4/22/2026 – Reddit had its price target lowered by Citizens Jmp from $300.00 to $250.00. They now have a “market outperform” rating on the stock.
• 4/21/2026 – Reddit is now covered by Citigroup Inc.. They set a “buy” rating on the stock.
• 4/21/2026 – Reddit is now covered by DA Davidson. They set a “buy” rating and a $200.00 price target on the stock.
• 4/14/2026 – Reddit had its price target lowered by The Goldman Sachs Group, Inc. from $206.00 to $180.00. They now have a “neutral” rating on the stock.
• 4/8/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/7/2026 – Reddit is now covered by Wells Fargo & Company. They set an “equal weight” rating and a $149.00 price target on the stock.
• 4/7/2026 – Reddit had its price target lowered by Truist Financial Corporation from $275.00 to $260.00. They now have a “buy” rating on the stock.
• 4/2/2026 – Reddit had its price target lowered by Bank of America Corporation from $205.00 to $175.00. They now have a “neutral” rating on the stock.
• 3/31/2026 – Reddit was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/23/2026 – Reddit was downgraded by Wall Street Zen from “buy” to “hold”.

Insider Buying and Selling

In related news, CEO Steve Ladd Huffman sold 18,000 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $145.12, for a total value of $2,612,160.00. Following the completion of the sale, the chief executive officer directly owned 411,195 shares of the company’s stock, valued at $59,672,618.40. This represents a 4.19% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CTO Christopher Brian Slowe sold 19,036 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $144.05, for a total transaction of $2,742,135.80. Following the completion of the transaction, the chief technology officer owned 185,057 shares in the company, valued at approximately $26,657,460.85. This trade represents a 9.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 268,977 shares of company stock worth $39,750,959 in the last three months. 34.25% of the stock is owned by corporate insiders.

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

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.