While Reddit Inc has overperformed by 6.39%, investors are advised to look at stock chart patterns for technical insight.
On March 17, 2025, Redburn Atlantic started tracking Reddit Inc (NYSE: RDDT) recommending Sell. A report published by Seaport Research Partners on February 06, 2025, Initiated its previous ‘Neutral’ rating for RDDT. ROTH MKM also Downgraded RDDT shares as ‘Neutral’, setting a target price of $195 on the company’s shares in a report dated January 22, 2025. Guggenheim Initiated an Buy rating on December 20, 2024, and assigned a price target of $210. Wells Fargo initiated its ‘Overweight’ rating for RDDT, as published in its report on December 11, 2024. Morgan Stanley’s report from December 09, 2024 suggests a price prediction of $200 for RDDT shares, giving the stock a ‘Overweight’ rating. Jefferies also rated the stock as ‘Buy’.
Analysis of Reddit Inc (RDDT)
Further, the quarter-over-quarter increase in sales is 71.25%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Reddit Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -27.12% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 12.63, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and RDDT is recording an average volume of 6.97M. On a monthly basis, the volatility of the stock is set at 9.95%, whereas on a weekly basis, it is put at 10.80%, with a loss of -9.76% over the past seven days. Furthermore, long-term investors anticipate a median target price of $199.36, showing growth from the present price of $115.70, which can serve as yet another indication of whether RDDT is worth investing in or should be passed over.
How Do You Analyze Reddit Inc Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 39.15%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 52.94% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RDDT shares are owned by institutional investors to the tune of 52.94% at present.
