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This summary was created by AI, based on 9 opinions in the last 12 months.

Reddit Inc. (RDDT-N) has had a mixed year, currently down 27% but still above its IPO price. The company has impressively grown its revenue by 50% over the past three quarters, with the most recent quarter being particularly strong. However, there are concerns about its reliance on search functionality, especially with the rise of AI technologies that threaten its business model. While some experts see potential for partial buying opportunities, others have voiced caution due to high expectations that were not met in recent earnings. The stock's recent performance has been volatile, with some suggesting it’s on fire while others recommend not buying at its current levels due to a high 52x PE ratio and aggressive competition from companies like Meta and Snapchat. Ultimately, while opinions vary greatly, there is a consensus about the need for caution and perhaps waiting for a better entry point.

Consensus
Cautious
Valuation
Overvalued
BUY ON WEAKNESS

Is -27% this year, but above its IPO. Have grown revenue 50% in the past 3 quarters. The last quarter was amazing. Hold $2 billion cash. However, they are closely tied to search, and AI will take a lot of that business away. Also, AI searches are using their answers. Also, trades at a high 52x PE. This will be okay, but buy lower.

PARTIAL BUY

Expectations were too high going into the quarter, and there was no way they could be them. Shares have since fallen enough for a partial buy and an entry.

PARTIAL BUY

Went down. There was a big short squeeze. The CEO is doing very well, but fell short of high expectations. Start a position now and leave room for adding more if it goes down.

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.

BUY ON WEAKNESS

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

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. 

BUY ON WEAKNESS

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

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.

BUY

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

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.

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Reddit Inc.(RDDT-N) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 8

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, 8 stock analysts published opinions about RDDT-N. 7 analysts recommended to BUY the stock. 1 analyst 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?

8 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 2025-04-11, Reddit Inc. (RDDT-N) stock closed at a price of $101.15.