Reddit Inc ($RDDT) Stock Forecast: Down 6.4% Today

What is Reddit Inc?

Reddit (RDDT) is a popular social media platform that features user-generated content and diverse discussions. RDDT experienced a significant downward trend in the market today.

Why is Reddit Inc going down?

RDDT stock is down 6.4% on Apr 30, 2025 16:46

• RDDT stock declined by 9.6% in response to Snap's disappointing earnings performance, signaling a prevailing negative outlook in the social media industry.
• An AI experiment carried out by Zurich University on a Reddit board without authorization likely heightened concerns about manipulation and trust on the platform, potentially impacting RDDT's stock value.
• Factors such as strong competition, market unpredictability, and a high valuation have collectively contributed to a 27% decline in RDDT's stock price year-to-date, posing risks for potential investors.
• Despite the market's bearish movement, the ongoing bullish options trading activities related to RDDT on Reddit suggest that certain traders remain optimistic about the platform's future, reflecting a mixed sentiment in the investment community.

RDDT Price Chart

RDDT Technical Analysis

RDDT News

Reddit ( RDDT ) Stock Slumps After Snap Earnings: What's Going On? - Reddit ( NYSE:RDDT )

Reddit shares are trading lower by some 9.6% during Wednesday's session. Snap's sharp stock fall Wednesday following its first-quarter earnings is weighing on peer platforms. Don't face extreme market conditions unprepared.

https://www.benzinga.com/news/25/04/45104301/reddit-rddt-stock-slumps-after-snap-earnings-whats-going-on

Zurich Uni's secret AI experiment manipulated Redditors' opinions

Researchers at the University of Zurich have been accused of undertaking an unauthorized four-month-long experiment on a Reddit board using artificial intelligence-generated comments to test whether AI could alter people's opinions.

https://cointelegraph.com/news/zurich-uni-secret-ai-experiment-manipulated-redditor-opinions

Reddit Stock Plunges 27% Year to Date: Should You Avoid RDDT for Now?

RDDT suffers from intense competition, market volatility and premium valuation, making it a risky bet for investors despite growth initiatives.

https://www.zacks.com/stock/news/2457225/reddit-stock-plunges-27-year-to-date-should-you-avoid-rddt-for-now

Jim Cramer: OneMain Is 'Too Risky,' Recommends Buying Reddit - Harley-Davidson ( NYSE:HOG ) , Brookfield Asset Mgmt ( NYSE:BAM )

OneMain Holdings is "too risky," says Cramer. Jim Cramer says Reddit is a "very good" stock. Don't face extreme market conditions unprepared. Get the professional edge with Benzinga Pro's exclusive alerts, news advantage, and volatility tools at 60% off today.

https://www.benzinga.com/trading-ideas/long-ideas/25/04/45006630/jim-cramer-onemain-is-too-risky-recommends-buying-reddit

Unpacking the Latest Options Trading Trends in Reddit - Reddit ( NYSE:RDDT )

Financial giants have made a conspicuous bullish move on Reddit. Our analysis of options history for Reddit RDDT revealed 31 unusual trades. Delving into the details, we found 64% of traders were bullish, while 25% showed bearish tendencies.

https://www.benzinga.com/insights/options/25/04/44990721/unpacking-the-latest-options-trading-trends-in-reddit

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Reddit Inc Price History

22.03.2025 - RDDT Stock was up 5.8%

• An analysis of RDDT's recent bullish movement reveals several contributing factors:
• Quick restoration of service after a global outage reassured investors and users, leading to increased confidence in the platform.
• Despite a brief service disruption impacting thousands of users, the stock managed to recover and exhibit a strong bullish movement, highlighting its resilience.
• A temporary 4.66% drop in Reddit's stock price following the outage was swiftly countered by a subsequent bullish movement, demonstrating investors' renewed trust in the platform's stability and functionality.

23.03.2025 - RDDT Stock was up 11.6%

• Wall Street analysts are optimistic about RDDT, recommending it for investors, which could have contributed to the bullish movement.
• Despite a brief service outage affecting thousands of users, Reddit quickly restored functionality. The temporary disruption may have caused a minor drop in the stock price, but the prompt resolution likely reassured investors, leading to the overall bullish trend.
• Investors may have viewed the outage as a minor hiccup, focusing instead on the positive long-term prospects of Reddit Inc., driving the stock price higher.

25.03.2025 - RDDT Stock was up 6.7%

• RDDT stock displayed a significant bullish momentum today.
• This upward trend could be linked to positive investor sentiment, particularly notable among financial institutions posting bullish actions on Reddit.
• Investor sentiment remains largely positive, with many traders leaning towards optimistic positions.
• Suggestions from Jim Cramer to invest in RDDT may have also influenced the bullish movement, especially considering his contrasting views on other high-risk investments.
• Although a decrease in Q1 earnings is anticipated, the general confidence from Wall Street analysts and the overall brokerage recommendation to add RDDT to investment portfolios may have reinforced the positive sentiment.

10.03.2025 - RDDT Stock was up 12.6%

• Recent options trends on Reddit suggest a positive outlook for RDDT, showcasing investor trust in the stock.
• The initiation of coverage on various companies like Ionis Pharmaceuticals and Axsome Therapeutics potentially influenced positive market sentiment, resulting in heightened purchasing interest in RDDT.
• Increased investment in RDDT options by institutions and affluent individuals may have contributed significantly to today's bullish movement.

24.03.2025 - RDDT Stock was up 5.2%

• RDDT saw a significant increase in its stock price today.
• The upward trend was influenced by notable bullish actions from major financial players on the platform, as most traders displayed optimism.
• Despite concerns over a potential drop in Reddit Inc.'s Q1 earnings, investors on Wall Street maintained a positive outlook on the company, leading to favorable market performance.
• Following a temporary service interruption impacting numerous users, Reddit quickly restored its services, and the stock successfully recovered from the initial decline, demonstrating resilience amidst challenges.

16.03.2025 - RDDT Stock was down 5.3%

• The bearish movement in RDDT today could be attributed to profit-taking by investors who had previously taken a bullish stance on the stock.
• The comparison between GOOGL and RDDT in the digital advertising sector might have influenced investor sentiment towards RDDT, leading to some selling pressure.
• The uncertainty around the options trends on Reddit RDDT, with conflicting reports of bullish positions, could have added to the overall market confusion and contributed to the bearish movement.

01.03.2025 - RDDT Stock was up 5.8%

• RDDT stock experienced a strong bullish movement today.
• The CEO's denial of financial trouble and IPO rumors reassured investors, contributing to the positive sentiment.
• The company's strong AI innovations, enhanced advertising, and increased user engagement have positioned the stock for continued upward momentum.
• The bullish stance taken by investors in the options market further supported the positive outlook for RDDT, indicating confidence in the company's future prospects.

11.03.2025 - RDDT Stock was down 5.2%

• RDDT experienced a strong bearish movement today despite the bullish stance taken by investors in the options market.
• The comparison with Alphabet in the digital advertising sector might have influenced investor sentiment towards RDDT, leading to the bearish movement.
• The initiation of coverage by a Reddit analyst on a bullish note for other companies like Ionis Pharmaceuticals and Axsome Therapeutics could have diverted attention and investment away from RDDT, contributing to its decline.

30.03.2025 - RDDT Stock was down 6.5%

• An unauthorized AI experiment conducted by researchers at the University of Zurich on a Reddit board might have raised concerns about manipulation and impacted RDDT's reputation, leading to the bearish movement.
• The intense competition, market volatility, and premium valuation of RDDT could have contributed to investor skepticism and the subsequent bearish trend.
• Jim Cramer's recommendation to buy Reddit stock and the bullish options trading trends on RDDT might indicate conflicting sentiments in the market, potentially adding to the volatility and downward pressure on the stock.
• Overall, the negative sentiment surrounding RDDT due to the AI experiment, market conditions, and valuation concerns likely played a significant role in the bearish movement witnessed today.

07.03.2025 - RDDT Stock was up 13.7%

• RDDT stock had a strong bullish movement despite the overall market uptick.
• The bullish movement could be attributed to the unusual options activity where investors with significant capital took a bullish stance on Reddit RDDT.
• The initiation of coverage by a Reddit analyst on a bullish note could have also contributed to the positive sentiment around the stock.
• Despite the slight fall in stock price, the overall sentiment and trading activity seem to be bullish, possibly driven by the positive analyst coverage and unusual options activity.

03.03.2025 - RDDT Stock was down 11.3%

• RDDT stock closed at $109.50 with a -0.5% change, showing a bearish trend despite a general market uptick.
• Unusual options activity hinted at a positive outlook for RDDT, reflecting conflicting investor sentiments.
• The dismissal of financial rumors and IPO talks by Perplexity CEO on Reddit might have influenced market dynamics, leading to uncertainty and potential sell-offs.

30.03.2025 - RDDT Stock was down 6.4%

• RDDT stock declined by 9.6% in response to Snap's disappointing earnings performance, signaling a prevailing negative outlook in the social media industry.
• An AI experiment carried out by Zurich University on a Reddit board without authorization likely heightened concerns about manipulation and trust on the platform, potentially impacting RDDT's stock value.
• Factors such as strong competition, market unpredictability, and a high valuation have collectively contributed to a 27% decline in RDDT's stock price year-to-date, posing risks for potential investors.
• Despite the market's bearish movement, the ongoing bullish options trading activities related to RDDT on Reddit suggest that certain traders remain optimistic about the platform's future, reflecting a mixed sentiment in the investment community.