Related posts

Markets up on Friday
Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Reddit Inc. (RDDT-N) has recently been experiencing significant price movements, with an 11% increase this week and an impressive 35% increase for the year. While some experts recognize the stock's strong momentum and potential for continued growth, caution is advised due to its young history and lack of solid data for technical analysis. Several analysts point out the risks posed by fierce competition within the media and social media sector, highlighting potential threats from established players such as Snapchat, Meta, and X. Additionally, the company's parabolic chart raises concerns about the need for a correction. Despite this, there is optimism about the CEO's long-term vision, yet some experts recommend taking profits amidst its recent surge.

Consensus
Mixed
Valuation
Overvalued
Similar
Snapchat, SNAP
BUY

Up 11% this week, and 35% this year. RSI of 74. Giving it a long leash in his stop. Has long owned it. It's on fire.

communications / media
BUY ON WEAKNESS

It went up huge recently. Buy at $140-150.

communications / media
SELL ON STRENGTH

Would recommend selling shares. Media and social media very competitive. Other companies like Snapchat, Meta and X can erase future of company very quickly. Too hard to determine outlook for this business. 

communications / media
BUY ON WEAKNESS

He likes it, but the chart is parabolic. It's moved up too much and needs to pull back.

communications / media
WATCH

Be aware that when you have a stock that hasn't been listed for that long, you don't have a lot of data to work with. Technical analysis is all about crowd behaviour -- trends, volume, a picture of how investors feel about a stock.

Since the summer, this one broke out of a saucer-like formation and now it's heading up. So far, looks good. But because it's such a "young" stock as far as being listed, hard to tell if any resistance or stopping points ahead.

communications / media
BUY

The CEO has a great long-term model. he expects good numbers from them.

communications / media
PARTIAL SELL

A 19-year-old company that's been unprofitable and cash-flow negative, but it's had a monster run since IPO'ing last week. Doesn't think much of it, but take profits.

communications / media
Showing 1 to 7 of 7 entries
  • «
  • 1
  • »

Reddit Inc.(RDDT-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 6

Stockchase rating for Reddit Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Reddit Inc.(RDDT-N) Frequently Asked Questions

What is Reddit Inc. stock symbol?

Reddit Inc. is a American stock, trading under the symbol RDDT-N on the New York Stock Exchange (RDDT). It is usually referred to as NYSE:RDDT or RDDT-N

Is Reddit Inc. a buy or a sell?

In the last year, 6 stock analysts published opinions about RDDT-N. 4 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Reddit Inc..

Is Reddit Inc. a good investment or a top pick?

Reddit Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Reddit Inc..

Why is Reddit Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Reddit Inc. worth watching?

6 stock analysts on Stockchase covered Reddit Inc. In the last year. It is a trending stock that is worth watching.

What is Reddit Inc. stock price?

On 2025-02-21, Reddit Inc. (RDDT-N) stock closed at a price of $164.97.