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Reddit Inc ($RDDT) Stock Forecast: Up 5.1% Today

Morpher AI identified a bullish signal. The stock price may continue to rise based on the momentum of the good news.

What is Reddit Inc?

Reddit, Inc. (RDDT) is a social news aggregation and discussion website where registered members can submit content. The company is listed on the NYSE under the ticker RDDT.

Why is Reddit Inc going up?

RDDT stock is up 5.1% on Aug 13, 2025 19:21

  • RDDT stock witnessed significant bullish movement today.
  • Recent class action lawsuits against Reddit, Inc. did not appear to impact investor sentiment, as the market reacted positively.
  • The heightened interest in RDDT options, including bullish strategies by well-funded investors, likely aided the stock's rise.
  • Despite legal challenges and uncertainties, positive recommendations from Wall Street analysts possibly influenced traders to purchase RDDT, contributing to its bullish trajectory.

RDDT Price Chart

RDDT Technical Analysis

RDDT News

Class Action Filed Against Reddit, Inc. - Investors with Losses Encouraged to Contact Johnson Fistel - Reddit ( NYSE:RDDT )

SAN DIEGO, Aug. 12, 2025 ( GLOBE NEWSWIRE ) -- Shareholder rights law firm Johnson Fistel, PLLP, announces that a class action lawsuit has been filed on behalf of investors who purchased or acquired Reddit, Inc. ( "Reddit" or the "Company" ) RDDT securities between October 29, 2024 and May 20, ...

https://www.benzinga.com/pressreleases/25/08/g47078464/class-action-filed-against-reddit-inc-investors-with-losses-encouraged-to-contact-johnson-fistel

0 News Article Image Class Action Filed Against Reddit, Inc. - Investors with Losses Encouraged to Contact Johnson Fistel - Reddit  ( NYSE:RDDT )

RDDT DEADLINE: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Reddit, Inc. Investors to Secure Counsel Before Important August 18 Deadline in Securities Class Action - RDDT - Reddit ( NYSE:RDDT )

NEW YORK, Aug. 12, 2025 ( GLOBE NEWSWIRE ) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Reddit, Inc. RDDT between October 29, 2024 and May 20, 2025, both dates inclusive ( the "Class Period" ) , of the important August 18, 2025 lead plaintiff ...

https://www.benzinga.com/pressreleases/25/08/g47070035/rddt-deadline-rosen-a-leading-investor-rights-law-firm-encourages-reddit-inc-investors-to-secure-c

1 News Article Image RDDT DEADLINE: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Reddit, Inc. Investors to Secure Counsel Before Important August 18 Deadline in Securities Class Action - RDDT - Reddit  ( NYSE:RDDT )

REDDIT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reddit, Inc. and Encourages Investors to Contact the Firm - Reddit ( NYSE:RDDT )

NEW YORK, Aug. 11, 2025 ( GLOBE NEWSWIRE ) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Reddit, Inc. ( "Reddit" or the "Company" ) RDDT in the United States District Court for the Northern ...

https://www.benzinga.com/pressreleases/25/08/g47047665/reddit-deadline-alert-bragar-eagel-squire-p-c-announces-that-a-class-action-lawsuit-has-been-filed

2 News Article Image REDDIT DEADLINE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Reddit, Inc. and Encourages Investors to Contact the Firm - Reddit  ( NYSE:RDDT )

Reddit's Options Frenzy: What You Need to Know - Reddit ( NYSE:RDDT )

Deep-pocketed investors have adopted a bullish approach towards Reddit RDDT, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today.

https://www.benzinga.com/insights/options/25/08/47041631/reddits-options-frenzy-what-you-need-to-know

3 News Article Image Reddit's Options Frenzy: What You Need to Know - Reddit  ( NYSE:RDDT )

Wall Street Bulls Look Optimistic About Reddit Inc. ( RDDT ) : Should You Buy?

The average brokerage recommendation (ABR) for Reddit Inc. (RDDT) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

https://www.zacks.com/stock/news/2697196/wall-street-bulls-look-optimistic-about-reddit-inc-rddt-should-you-buy

4 Missing News Article Image Wall Street Bulls Look Optimistic About Reddit Inc.  ( RDDT ) : Should You Buy?

Reddit Inc Price History

01.07.2025 - RDDT Stock was up 20.0%

  • RDDT experienced a strong bullish movement today, surging 18% after hours, following the company's impressive Q2 earnings report and bullish Q3 outlook.
  • The positive earnings beat and revenue surprises by Reddit Inc. have sparked investor frenzy and confidence in the company's future growth prospects.
  • Despite facing a class-action lawsuit for potential securities law violations, RDDT managed to defy the odds and attract investors with its robust financial performance and optimistic guidance.
  • The market movement indicates that investors are focusing more on the company's strong fundamentals and growth potential rather than the legal challenges it is currently facing.

01.07.2025 - RDDT Stock was up 21.6%

  • RDDT stock experienced a strong bullish movement following the release of its second-quarter earnings report, which exceeded analyst expectations.
  • The surge in RDDT stock price can be attributed to the company's impressive financial results, including a 78% year-over-year revenue increase, a 21% rise in daily active users, and a net income of $89 million.
  • Despite facing a class-action lawsuit for potential violations of federal securities laws, investors seem to be focusing more on Reddit's robust financial performance and optimistic third-quarter guidance.
  • The positive market sentiment towards RDDT reflects investor confidence in the company's ability to deliver strong results and sustain growth in the future, overshadowing legal concerns in the short term.

11.07.2025 - RDDT Stock was up 5.3%

  • The bullish movement in RDDT could be attributed to the overall optimism from Wall Street analysts who are recommending buying the stock.
  • Additionally, the flashing of a golden cross signal may have further fueled investor confidence in RDDT, leading to the bullish trend.
  • Despite the ongoing securities class action, investors seem to be focusing more on the positive indicators and recommendations surrounding RDDT, driving the stock price higher.
  • The community influence on OpenAI's decision-making process might have indirectly boosted sentiment towards tech-related companies like Reddit Inc., contributing to its bullish performance.

13.07.2025 - RDDT Stock was up 5.1%

  • RDDT stock witnessed significant bullish movement today.
  • Recent class action lawsuits against Reddit, Inc. did not appear to impact investor sentiment, as the market reacted positively.
  • The heightened interest in RDDT options, including bullish strategies by well-funded investors, likely aided the stock's rise.
  • Despite legal challenges and uncertainties, positive recommendations from Wall Street analysts possibly influenced traders to purchase RDDT, contributing to its bullish trajectory.

16.06.2025 - RDDT Stock was down 5.5%

  • Multiple class action lawsuits against RDDT were announced, potentially sparking uncertainty and negativity among investors, resulting in a stock sell-off.
  • Contrasting RDDT with META, emphasizing RDDT's narrower reach and uncertainties about growth, may have influenced diminished confidence in RDDT's future outlook.
  • While RDDT made strides to improve user engagement and implement AI enhancements, apprehensions around competitive pressures and valuation issues likely contributed to waning investor interest in RDDT.

29.06.2025 - RDDT Stock was down 5.3%

  • The bearish movement in RDDT today could be attributed to the recently filed class action lawsuits against Reddit.
  • The reminder to investors to secure legal counsel before an important deadline in the securities class action may have added to the negative sentiment surrounding the stock.
  • The bearish stance taken by investors with significant capital, as indicated by the options trends, might have further fueled the downward pressure on RDDT.
  • Overall, the legal uncertainties and potential financial implications from the lawsuits seem to have influenced the bearish market movement of RDDT today.

04.07.2025 - RDDT Stock was up 5.0%

  • RDDT stock surged by nearly 25% after beating Q2 estimates, reporting a 78% revenue growth, and raising guidance, which led to increased investor confidence.
  • The positive second-quarter revenue of $499.60 million, a 78% year-over-year increase, and a net income of $89 million contributed to the bullish trend.
  • Despite facing a class-action lawsuit and investor losses, the strong financial performance and user growth of Reddit have overshadowed these concerns, driving the stock price higher.
  • Analyst upgrades, solid earnings, and surging ad sales have also played a role in the significant bullish movement of RDDT.

08.07.2025 - RDDT Stock was up 5.3%

  • The golden cross technical event could have triggered positive sentiment among investors, leading to increased buying activity and driving the stock price higher.
  • Despite the securities fraud lawsuit, investors seem to be focusing more on the positive earnings estimate revisions, which could be contributing to the upward momentum of RDDT.
  • The comparison with Snap might have also influenced investor perception, with Reddit potentially being seen as an attractive investment option in the social media ad tech sector.
  • The class action lawsuit does not seem to have deterred investors, indicating that they are more optimistic about the company's future prospects and potential growth.

06.07.2025 - RDDT Stock was up 5.5%

  • RDDT stock surged nearly 25% after beating Q2 estimates and raising guidance, showcasing strong performance and investor confidence.
  • The positive second-quarter revenue of $499.60 million, a 78% increase year-over-year, and exceeding analyst estimates contributed to the bullish trend.
  • The increase in daily active users by 21% to 110.4 million and net income reaching $89 million further fueled investor optimism about Reddit's growth potential.
  • Despite facing class action lawsuits, the company's robust financial results and user engagement seem to have overshadowed these legal challenges, driving RDDT's bullish movement.

23.06.2025 - RDDT Stock was up 5.4%

  • RDDT saw a strong upward movement despite facing class action lawsuits and allegations of securities fraud.
  • Investor confidence in the company’s ability to address legal challenges and maintain its market position seems positive.
  • The stock's increase may also be linked to undisclosed positive internal developments within Reddit, Inc.
  • Market sentiment appears robust towards RDDT, suggesting that investors are considering the company's long-term potential over short-term legal issues.

22.06.2025 - RDDT Stock was up 0.4%

  • RDDT stock demonstrated a notable upward movement despite being confronted with several class-action lawsuits related to potential securities violations.
  • The optimistic outlook reflected in Reddit's options trading activity signifies investor confidence in the company's future prospects, potentially overshadowing the legal challenges.
  • Overall market sentiment towards Reddit Inc. appears optimistic, with a focus on the company's growth potential rather than immediate legal issues.
  • The stock's resilience in the face of legal hurdles indicates investor faith in Reddit's capacity to navigate through present legal obstacles and sustain its growth trajectory.

31.06.2025 - RDDT Stock was up 6.7%

  • The partnership between New York Times (NYSE: NYT) and Amazon (NASDAQ: AMZN) for AI content deal could have positively impacted RDDT as it highlights the growing importance of digital content and technology collaborations in the market.
  • The ongoing securities class action lawsuits against Reddit, Inc. (NYSE: RDDT) may have initially caused some uncertainty among investors, but the bullish movement suggests that market participants are focusing more on the potential for growth and earnings in the company.
  • Despite concerns about stretched valuation and macroeconomic uncertainty mentioned in past discussions about RDDT's Q2 earnings, the bullish movement indicates that investors may be optimistic about the company's future performance.
  • The bearish stance taken by some investors on Reddit (NYSE: RDDT) options trends could be seen as a short-term sentiment that did not significantly impact the overall bullish movement of the stock today.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.