Weekly Investment Analysts’ Ratings Updates for Reddit (RDDT)

A number of firms have modified their ratings and price targets on shares of Reddit (NYSE: RDDT) recently:

• 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.
• 6/4/2026 – Reddit had its “buy” rating reaffirmed by Loop Capital. They now have a $260.00 price target on the stock.
• 6/3/2026 – Reddit was downgraded by Zacks Research from “strong-buy” to “hold”.
• 5/26/2026 – Reddit had its “market outperform” rating reaffirmed by Citigroup Inc..

Insiders Place Their Bets

In other Reddit news, CAO Michelle Marie Reynolds sold 808 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $200.00, for a total value of $161,600.00. Following the completion of the sale, the chief accounting officer directly owned 15,060 shares in the company, valued at $3,012,000. This represents a 5.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Steve Ladd Huffman sold 18,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $178.26, for a total value of $3,208,680.00. Following the completion of the sale, the chief executive officer directly owned 373,814 shares of the company’s stock, valued at $66,636,083.64. This trade represents a 4.59% 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. Over the last 90 days, insiders have sold 169,141 shares of company stock valued at $28,680,845. Insiders own 28.48% of the company’s stock.

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.