Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 21, 2026
Last 12 months price action with 12-month analyst target path
As of February 26, 2026, Reddit, Inc. (RDDT) has a Wall Street consensus price target of $248.26, based on estimates from 25 covering analysts. With the stock currently trading at $149.67, this represents a potential upside of +65.9%. The company has a market capitalization of $7.73B.
Analyst price targets range from a low of $170.00 to a high of $325.00, representing a 62% spread in expectations. The median target of $250.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 15 analysts rating the stock as a Buy or Strong Buy,10 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, RDDT trades at a trailing P/E of 57.1x and forward P/E of 36.7x. Analysts expect EPS to grow +56.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $298.07, with bear and bull scenarios of $-282.08 and $206.42 respectively. Model confidence stands at 57/100, reflecting moderate uncertainty in projections.
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Start ComparisonThe consensus Wall Street price target for RDDT is $248.26, representing 65.9% upside from the current price of $149.67. With 25 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
RDDT has a consensus rating of "Buy" based on 25 Wall Street analysts. The rating breakdown is predominantly bullish, with 15 Buy/Strong Buy ratings. The consensus 12-month price target of $248.26 implies 65.9% upside from current levels.
At a forward P/E of 36.6614x, RDDT trades at a premium valuation. The consensus price target of $248.26 (65.9% upside) suggests analysts still see growth justifying the multiple.
The most bullish Wall Street analyst has a price target of $325 for RDDT, while the most conservative target is $170. The consensus of $248.26 represents the median expectation. Our quantitative valuation model projects a bull case target of $206 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
RDDT is heavily covered by Wall Street, with 25 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 14 have Buy ratings, 10 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
The 12-month RDDT stock forecast based on 25 Wall Street analysts shows a consensus price target of $248.26, with estimates ranging from $170 (bear case) to $325 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $298, with bear/bull scenarios of $-282/$206.
Our quantitative valuation model calculates RDDT's fair value at $298 (base case), with a bear case of $-282 and bull case of $206. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 57/100.
RDDT trades at a forward P/E ratio of 36.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 57.1x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Wall Street analysts are very optimistic on RDDT, with a "Buy" consensus rating and $248.26 price target (65.9% upside). 15 of 25 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
RDDT analyst price targets range from $170 to $325, a 62% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $248.26 consensus represents the middle ground. Our model's $-282-$206 range provides an independent fundamental perspective.