Reddit, Inc. (RDDT) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$171.70
Price Target
$228.11
Target Range
$110.00 — $325.00
Analyst Rating
Buy
Forward P/E41.9x
Trailing P/E65.5x
Forward PEG—
Implied Growth+17.3%
Median Target$220.00
Analyst Spread94.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$110
-35.9%
Consensus
$228
+32.9%
Bull Case
$325
+89.3%
RDDT Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Reddit, Inc. (RDDT) has a Wall Street consensus price target of $228.11, based on estimates from 26 covering analysts. With the stock currently trading at $171.70, this represents a potential upside of +32.9%. The company has a market capitalization of $32.88B.
Analyst price targets range from a low of $110.00 to a high of $325.00, representing a 94% spread in expectations. The median target of $220.00 aligns closely with the consensus average. The wide target spread reflects significant disagreement on fair value.
The current analyst consensus rating is Buy, with 16 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 65.5x and forward P/E of 41.9x. Analysts expect EPS to grow +17.3% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Communication Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+13.8%
Avg Forward P/E26.5x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 PINSPinterest, Inc. | $15.0B | $22.28 | $25.36 | +13.8% | Buy | 12.2x | 47 |
 SNAPSnap Inc. | $10.5B | $6.09 | $7.89 | +29.5% | Hold | — | 72 |
 BMBLBumble Inc. | $472M | $4.29 | $4.25 | -0.9% | Hold | 4.4x | 23 |
 MTCHMatch Group, Inc. | $8.8B | $37.65 | $36.00 | -4.4% | Buy | 14.2x | 32 |
 IACIAC InterActive Corp. | $3.1B | $41.36 | $49.17 | +18.9% | Buy | 105.2x | 33 |
 METAMeta Platforms, Inc. | $1.5T | $604.96 | $821.80 | +35.8% | Buy | 20.0x | 60 |
 GOOGLAlphabet Inc. | $4.7T | $388.47 | $406.28 | +4.6% | Buy | 28.9x | 82 |
 SPOTSpotify Technology S.A. | $86.4B | $419.53 | $630.64 | +50.3% | Buy | 32.3x | 52 |
 YELPYelp Inc. | $1.8B | $29.22 | $28.33 | -3.0% | Hold | 14.1x | 67 |
 ZDZiff Davis, Inc. | $1.7B | $45.82 | $43.00 | -6.2% | Buy | 7.5x | 13 |
Upside Potential Comparison
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Start ComparisonRDDT — Frequently Asked Questions
Quick answers to the most common questions about buying RDDT stock.
What is the RDDT stock price target for 2026?
The consensus Wall Street price target for RDDT is $228.11, representing 32.9% upside from the current price of $171.7. With 26 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is RDDT a buy, sell, or hold?
RDDT has a consensus rating of "Buy" based on 26 Wall Street analysts. The rating breakdown is predominantly bullish, with 16 Buy/Strong Buy ratings. The consensus 12-month price target of $228.11 implies 32.9% upside from current levels.
Is RDDT stock overvalued or undervalued?
At a forward P/E of 41.9108x, RDDT trades at a premium valuation. The consensus price target of $228.11 (32.9% upside) suggests analysts still see growth justifying the multiple.
How high can RDDT stock go?
The most bullish Wall Street analyst has a price target of $325 for RDDT, while the most conservative target is $110. The consensus of $228.11 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover RDDT stock?
RDDT is heavily covered by Wall Street, with 26 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 15 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.
What is the RDDT stock forecast?
The 12-month RDDT stock forecast based on 26 Wall Street analysts shows a consensus price target of $228.11, with estimates ranging from $110 (bear case) to $325 (bull case). The median consensus rating is "Buy".
What is RDDT's forward P/E ratio?
RDDT trades at a forward P/E ratio of 41.9x based on next-twelve-months earnings estimates compared to a trailing P/E of 65.5x. 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.
Should I buy RDDT stock?
Wall Street analysts are very optimistic on RDDT, with a "Buy" consensus rating and $228.11 price target (32.9% upside). 16 of 26 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.
Why do RDDT price targets vary so much?
RDDT analyst price targets range from $110 to $325, a 94% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $228.11 consensus represents the middle ground.