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Reddit Inc ($RDDT) Stock Forecast: Up 5.2% 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 Class A (RDDT) is a communication services company that operates a popular social media platform known for its diverse communities and user-generated content. The stock had a strong bullish movement in the market today.

Why is Reddit Inc going up?

RDDT stock is up 5.2% on Feb 5, 2026 17:41

  • The sale of $3.3 million in RDDT stock by Reddit CEO Steve Huffman may have initially caused a drop in the stock price, but analysts and investors remain optimistic about the company's financial strength and growth prospects.
  • Positive analyst ratings and price targets, such as the one set by Evercore ISI at $320.00, indicate confidence in Reddit's future performance despite the CEO's stock sale.
  • The ongoing trademark dispute over the "WallStreetBets" name and Reddit's strategic moves in asserting its rights demonstrate the company's efforts to navigate challenges and protect its brand, which could influence investor sentiment and long-term business prospects.
  • With upcoming earnings reports and expectations of revenue growth and user base expansion, investors are closely monitoring Reddit's developments and positioning in the competitive communication services industry.

RDDT Price Chart

RDDT Technical Analysis

RDDT News

Analysts Are Bullish on These Communication Services Stocks: Quinstreet (QNST), Reddit Inc Class A (RDDT)

Analysts are expressing bullish sentiments on two Communication Services stocks: Quinstreet (QNST) and Reddit Inc Class A (RDDT). Craig-Hallum maintained a Buy rating on Quinstreet with a 69.9% upside, while Evercore ISI maintained a Buy rating on Reddit, setting a price target of $320.00, implying a 50.5% upside. Both companies have also received additional Buy ratings from other firms recently.

https://www.theglobeandmail.com/investing/markets/stocks/RDDT/pressreleases/22278/analysts-are-bullish-on-these-communication-services-stocks-quinstreet-qnst-reddit-inc-class-a-rddt/

0 News Article Image Analysts Are Bullish on These Communication Services Stocks: Quinstreet (QNST), Reddit Inc Class A (RDDT)

Reddit CEO huffman sells $3.3 million in RDDT stock

Reddit CEO Steve Huffman sold 17,997 shares of Class A Common Stock for approximately $3.3 million on January 30, 2026, a sale executed under a pre-arranged trading plan. Despite a subsequent drop in stock price, Reddit maintains a strong financial position with significant cash and high gross profit margins. Analysts like Evercore ISI and Guggenheim have reiterated positive ratings and price targets, anticipating strong revenue growth and user base expansion for the company.

https://m.investing.com/news/insider-trading-news/reddit-ceo-huffman-sells-33-million-in-rddt-stock-93CH-4483566?ampMode=1

1 Missing News Article Image Reddit CEO huffman sells $3.3 million in RDDT stock

Reddit CEO huffman sells $3.3 million in RDDT stock By Investing.com

Reddit CEO Steve Huffman sold approximately $3.3 million worth of RDDT stock on January 30, 2026, as part of a pre-arranged trading plan, while simultaneously exercising stock options for new shares. Despite a recent stock decline, Reddit maintains strong financials with significant gross profit margins and analysts have expressed positive outlooks, anticipating robust revenue growth and an enhanced user experience. Investors are keenly awaiting Reddit's upcoming earnings report on February 5, 2026.

https://m.za.investing.com/news/insider-trading-news/reddit-ceo-huffman-sells-33-million-in-rddt-stock-93CH-4094471?ampMode=1

2 Missing News Article Image Reddit CEO huffman sells $3.3 million in RDDT stock By Investing.com

Reddit Trademark Push On WallStreetBets Tests Community And AI Ambitions

Reddit is asserting its trademark rights over the "WallStreetBets" name, challenging the founder's commercialization efforts. This move comes as Reddit faces stiff competition and explores AI data partnerships, requiring a delicate balance between control over its communities and user sentiment. Investors are monitoring how this strategy impacts community engagement, advertising relationships, and data licensing opportunities, shaping Reddit's long-term business and risk profile.

https://www.sahmcapital.com/news/content/reddit-trademark-push-on-wallstreetbets-tests-community-and-ai-ambitions-2026-01-29

3 News Article Image Reddit Trademark Push On WallStreetBets Tests Community And AI Ambitions

Analysts Offer Insights on Communication Services Companies: Reddit Inc Class A (RDDT) and Anterix (ATEX)

Two analysts have issued bullish sentiments on Communication Services companies Reddit Inc Class A (RDDT) and Anterix (ATEX). Ronald Josey from Citi maintained a Buy rating on Reddit with a $265.00 price target, while Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Anterix. Reddit has a consensus price target of $264.73, and Anterix has a consensus target of $44.00, suggesting significant upsides for both stocks.

https://www.theglobeandmail.com/investing/markets/stocks/RDDT/pressreleases/37303337/analysts-offer-insights-on-communication-services-companies-reddit-inc-class-a-rddt-and-anterix-atex/

4 News Article Image Analysts Offer Insights on Communication Services Companies: Reddit Inc Class A (RDDT) and Anterix (ATEX)

Reddit Inc Price History

05.01.2026 - RDDT Stock was up 5.2%

  • The sale of $3.3 million in RDDT stock by Reddit CEO Steve Huffman may have initially caused a drop in the stock price, but analysts and investors remain optimistic about the company's financial strength and growth prospects.
  • Positive analyst ratings and price targets, such as the one set by Evercore ISI at $320.00, indicate confidence in Reddit's future performance despite the CEO's stock sale.
  • The ongoing trademark dispute over the "WallStreetBets" name and Reddit's strategic moves in asserting its rights demonstrate the company's efforts to navigate challenges and protect its brand, which could influence investor sentiment and long-term business prospects.
  • With upcoming earnings reports and expectations of revenue growth and user base expansion, investors are closely monitoring Reddit's developments and positioning in the competitive communication services industry.

03.01.2026 - RDDT Stock was down 5.7%

  • Reddit's push on WallStreetBets may have caused uncertainty and negative sentiment among investors, leading to the bearish movement in RDDT stock.
  • The company's strategic move to assert control over its communities could be perceived as a risk factor, potentially impacting its long-term business outlook.
  • Despite analysts' bullish sentiments and positive price targets, the trademark dispute and its implications on community engagement and user sentiment seem to have overshadowed the positive outlook for RDDT.
  • The focus on AI marketing data and ad integrations, while promising, might have been overshadowed by the trademark controversy, leading to the bearish market movement for RDDT.

25.10.2025 - RDDT Stock was up 9.2%

  • RDDT stock experienced a bullish movement today, driven by:
  • News of a potential deal between Meta Platforms Inc. and Alphabet Inc.'s Google for AI chips, indicating growth opportunities for RDDT in the tech sector.
  • Positive sentiment from Wall Street analysts, suggesting that RDDT is a good investment, likely attracting more investors to the stock.
  • The success of RDDT's AI tools in driving engagement and revenue growth, showcasing the company's innovation and potential for future expansion.
  • The personal story of Reddit's co-founder selling the company for $10 million in the past, only to see it grow to a valuation of $35 billion, highlights the platform's remarkable journey and the value it has created over time.

25.10.2025 - RDDT Stock was up 6.1%

  • RDDT experienced a strong bullish movement today, likely fueled by positive sentiment and market optimism.
  • Analysts' recommendations to add RDDT to investment portfolios may have contributed to the bullish trend.
  • The disclosure of Reddit's co-founder selling the company for $10 million in the past, only to see its value soar to $35 billion, could have sparked investor interest and confidence in RDDT's long-term potential.
  • The successful traction of RDDT's AI tools in driving top-line growth showcases the company's commitment to innovation and technological advancement, further bolstering investor confidence in its future prospects.

13.10.2025 - RDDT Stock was down 7.7%

  • Despite positive earnings estimates and strong ad growth, RDDT experienced a bearish movement.
  • Cathie Wood's significant share purchase in Alibaba and scaling back on RDDT might have influenced market sentiment towards RDDT.
  • The premium valuation of RDDT based on its Price-to-Sales ratio could have raised concerns among investors, leading to profit-taking and a bearish trend.
  • Market dynamics and regulatory challenges in the tech sector, as highlighted by Ark Invest's portfolio adjustments, could have also contributed to RDDT's bearish movement today.

30.00.2026 - RDDT Stock was down 5.1%

  • Today's decline in RDDT stock could be attributed to a trademark dispute related to the WallStreetBets community name. Investor concerns may have arisen due to Reddit's efforts to assert control, potentially leading to user backlash and legal issues.
  • The recent partnerships with Emplifi and Invoca aimed at strengthening marketing capabilities are positive for Reddit's long-term prospects. However, these enhancements may not have been sufficient to counter the negative impact of the trademark dispute, contributing to the stock's decline.

04.01.2026 - RDDT Stock was down 9.5%

  • Selling of $3.3 million in RDDT stock by Reddit's CEO through a pre-arranged plan may have indicated profit-taking or personal financial planning, potentially affecting the bearish trend.
  • A trademark dispute with WallStreetBets and the company's focus on AI data partnerships might be introducing uncertainty among investors, leading to a decline in the stock price.
  • Positive sentiments from analysts regarding Reddit's financials and growth prospects could offer some stability amid the current bearish market climate.
  • Market speculation around the forthcoming earnings report and the potential influence of new ad integrations on revenue streams could be contributing to the overall subdued investor confidence and the stock's downward movement.

01.11.2025 - RDDT Stock was up 5.5%

  • RDDT stock surged due to a potential deal between Meta Platforms Inc. and Alphabet Inc.'s Google regarding the use of AI chips, indicating possible future growth opportunities for Reddit.
  • The comparison with Advanced Energy Industries (AEIS) suggests that RDDT is outperforming in the sector, possibly due to positive market sentiment surrounding the tech industry.
  • The market movement could be a result of investors' optimism towards Reddit's strategic partnerships and potential technological advancements, driving up the stock price.

18.10.2025 - RDDT Stock was down 5.0%

  • The bearish movement in RDDT could be attributed to the Cloudflare outage affecting multiple crypto websites and social media channels, potentially impacting user engagement and traffic on Reddit.
  • Despite positive news about earnings estimates moving higher for Reddit Inc., the broader market sentiment influenced by the tech and auto sectors' rollercoaster ride might have contributed to the bearish movement in RDDT.
  • The focus on electric vehicles, as highlighted by Reddit co-founder Alexis Ohanian's push for EVs, might have shifted investor attention away from Reddit Inc., leading to a decline in the stock price.

21.10.2025 - RDDT Stock was down 5.1%

  • RDDT experienced a bearish movement possibly due to profit-taking after a period of strong growth driven by the expansion of AI tools.
  • The Cloudflare outage affecting crypto websites and social media channels may have caused some uncertainty in the tech sector, leading to a sell-off in Reddit's stock.
  • News of Reddit co-founder's push for electric vehicles and the Tesla showroom fire might have diverted investor attention away from Reddit, contributing to the bearish trend.
  • Overall, market sentiment towards tech and social media companies could have influenced RDDT's negative movement today.

27.00.2026 - RDDT Stock was down 8.5%

  • Reddit's expansion into enterprise data with new API deals suggests a strategic shift towards monetizing its vast user data.
  • Despite these positive developments, concerns over Q4 2025 earnings, management outlook, and legal issues such as the Google traffic lawsuit may have contributed to the bearish movement in RDDT stock.
  • The rich valuation of Reddit, coupled with uncertainties in the legal and market landscape, could be prompting investors to exercise caution and reevaluate their positions in the stock.

02.00.2026 - RDDT Stock was up 5.0%

  • RDDT experienced a strong bullish movement today.
  • An analyst reiterated a Buy rating on RDDT with a $300 price target, indicating positive sentiment towards the stock.
  • This bullish movement could be attributed to the positive analyst rating and price target, signaling confidence in Reddit Inc's future performance.
  • Investors may have reacted positively to the news, driving the stock price higher as a result.
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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.