27.3% Below Target

The consensus Wall Street price target for RDDT is $222.41, representing 27.3% upside from the current price of $174.73. With 28 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 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 18 Buy/Strong Buy ratings. The consensus 12-month price target of $222.41 implies 27.3% upside from current levels.

At a forward P/E of 35.4206x, RDDT trades at a premium valuation. The consensus price target of $222.41 (27.3% upside) suggests analysts still see growth justifying the multiple.

The most bullish Wall Street analyst has a price target of $300 for RDDT, while the most conservative target is $110. The consensus of $222.41 represents the median expectation. Our quantitative valuation model projects a bull case target of $253 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

RDDT is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 17 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 28 Wall Street analysts shows a consensus price target of $222.41, with estimates ranging from $110 (bear case) to $300 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $192, with bear/bull scenarios of $121/$253.

Our quantitative valuation model calculates RDDT's fair value at $192 (base case), with a bear case of $121 and bull case of $253. 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 63/100.

RDDT trades at a forward P/E ratio of 35.4x based on next-twelve-months earnings estimates compared to a trailing P/E of 66.7x. 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 $222.41 price target (27.3% upside). 18 of 28 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 $110 to $300, a 85% wide spread indicating significant analyst disagreement. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $222.41 consensus represents the middle ground. Our model's $121-$253 range provides an independent fundamental perspective.