Reddit (RDDT)
$62.06
Reddit (RDDT) Share Price Forecast
Currently 20 wall-street analysts regularly analyze the financials of Reddit on a frequent basis to provide recommendations along with target share price. 20 analysts offering 12-month price forecasts for Reddit (RDDT) have a share price target of $60.46. This median of share price forecast represents a -2.58% downside from the latest price of $62.06 as on 26.07.24.
Reddit (RDDT) Price vs Consensus Price Target
Price
Target Price
As per the chart shown above, analysts believe that the Reddit (RDDT) share price will touch around $60.46 in next 12-months.
Reddit (RDDT) Share Price Forecast v/s Share Price Today
Below is a chart showing the percentage difference between Reddit's share price and its median forecast price. As on 26.07.24, the difference is 10.14%
Reddit (RDDT): Difference between Current Price & Median Forecasted Price
Difference in Percentage terms
Reddit (RDDT) Share Price Technical Analysis
50 Day Moving Average v/s Current Share Price
Moving Average
Price
FAQs
The latest share price target for Reddit (RDDT) is $60.46, offered by 20 analysts offering 12-month price forecasts.
Reddit (RDDT) has a maximum of -0.03 downside potential, based on 20 analysts offering 12-month price forecasts.
Based on 20 analysts tracking and researching Reddit (RDDT), 65% have a buy recommendation. Remaining 35% have either sell or hold recommendations.
The latest share price of Reddit (RDDT) is $62.06 as of 26/07/2024.
13 of total 20 analysts offering stock ratings for Reddit RDDT have recommended buy rating.
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