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

What is Reddit Inc?

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

Why is Reddit Inc going up?

RDDT stock is up 5.1% on Jun 6, 2025 18:15

• RDDT stock experienced a bullish movement today.
• The ongoing securities fraud investigation may have caused uncertainty among investors, leading to volatility in the stock price.
• Despite the legal challenges, brokers' optimistic recommendations to buy RDDT may have influenced investor sentiment, contributing to the bullish movement.
• The lawsuit filed by Reddit against AI firm Anthropic over alleged unauthorized data scraping could have sparked interest in RDDT as investors speculate on the outcome of the legal battle.

RDDT Price Chart

RDDT Technical Analysis

RDDT News

RDDT INVESTOR NOTICE: Reddit, Inc. Investors with Losses are Notified of the Ongoing Securities Fraud Investigation - BFA Law ( NYSE:RDDT ) - Reddit ( NYSE:RDDT )

NEW YORK, June 06, 2025 ( GLOBE NEWSWIRE ) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. RDDT for potential violations of the federal securities laws.

https://www.benzinga.com/pressreleases/25/06/g45812371/rddt-investor-notice-reddit-inc-investors-with-losses-are-notified-of-the-ongoing-securities-fraud

Brokers Suggest Investing in Reddit Inc. ( RDDT ) : Read This Before Placing a Bet

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/2485687/brokers-suggest-investing-in-reddit-inc-rddt-read-this-before-placing-a-bet

Reddit Files Lawsuit Against Anthropic Over Alleged Unauthorized Data Scraping

Reddit is accusing AI firm Anthropic of scraping content to train Claude, fueling a broader legal battle over the use of online data.

https://decrypt.co/323802/reddit-lawsuit-anthropic-alleged-unauthorized-data-scraping

Reddit sues AI startup Anthropic for breach of contract, 'unfair competition'

Reddit's lawsuit against Anthropic is the latest generative AI battle to find its way to the courtroom.

https://www.cnbc.com/2025/06/04/reddit-anthropic-lawsuit-ai.html

RDDT NOTIFICATION: Lose Money on Reddit, Inc.? BFA Law Alerts Investors that its Investigation Could Allow Investors to Recover Losses ( NYSE:RDDT ) - Reddit ( NYSE:RDDT )

NEW YORK, June 04, 2025 ( GLOBE NEWSWIRE ) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Reddit, Inc. RDDT for potential violations of the federal securities laws.

https://www.benzinga.com/pressreleases/25/06/g45769882/rddt-notification-lose-money-on-reddit-inc-bfa-law-alerts-investors-that-its-investigation-could-a

Trending Today

Reddit Inc Price History

14.04.2025 - RDDT Stock was up 5.2%

• RDDT saw a significant uptrend today, buoyed by increased options trading and a positive sentiment among traders.
• Statements from Reddit's CEO Steve Huffman regarding the company's workplace culture may have inspired confidence among investors for potential operational enhancements.
• Reddit's actions to combat AI bots on debate forums could have underscored the platform's dedication to authenticity and transparency, ultimately reinforcing investor trust in RDDT's user interaction and content credibility.

04.05.2025 - RDDT Stock was up 5.3%

• The bullish movement in RDDT's stock price today could be attributed to the positive sentiment surrounding the company and its potential growth prospects.
• An investigation into potential violations of federal securities laws may have initially caused some uncertainty in the market, but investors seem to have focused more on the overall positive outlook for the company.
• The preference for crypto casinos with no KYC requirements among Reddit communities could have also contributed to the positive sentiment, as it indicates potential for growth and diversification in Reddit's business offerings.
• The bullish stance taken by investors in Reddit's options market dynamics further reinforces the optimism surrounding the company, potentially driving up demand for its stock.

21.04.2025 - RDDT Stock was down 6.7%

• RDDT stock displayed a strong bearish movement today, potentially linked to profit-taking following a recent rally.
• Reddit's founder collaborating with other tech influencers for Digg's strategy may not have directly affected RDDT's stock price.
• An analysis comparing Reddit and Bumble could have impacted investor sentiment towards RDDT.
• In general, RDDT's bearish trend could stem from market corrections and profit-taking after a period of notable growth.

28.04.2025 - RDDT Stock was up 6.8%

• Observers suggest that Reddit's upward momentum today could be linked to major financial institutions displaying increased bullishness towards the stock, as reflected in options history analysis.
• The company's significant 61% growth in ad revenue and the introduction of new AI tools are believed to have boosted investor confidence, despite the stock's 39% year-to-date decline.
• A collaboration involving Christian Selig, creator of the Reddit iOS app Apollo, along with internet personalities Kevin Rose & Alexis Ohanian advising on Digg's strategy, may have positively influenced investor sentiment.
• Overall, despite the hurdles Reddit is encountering, recent developments and favorable market sentiment appear to be propelling the bullish trend in RDDT stock.

03.05.2025 - RDDT Stock was up 5.0%

• RDDT shares surged after being named to join the Russell 3000 index on June 27, 2025, potentially attracting institutional investment and increasing visibility.
• The initiation of coverage by RBC Capital analyst Brad Erickson could have also contributed to the bullish sentiment surrounding RDDT.
• Despite the positive movement, there is an ongoing securities fraud investigation, which might have caused some volatility in the stock.
• The rise of crypto casinos recommended on social platforms could be indicative of a broader trend towards digital assets, potentially benefiting RDDT as a platform known for diverse discussions and communities.

15.04.2025 - RDDT Stock was down 6.2%

• RDDT stock experienced a strong bearish movement today, pulling back by 9%.
• The recent rally that lifted the stock by more than 25% over the past month might have led to profit-taking by investors, causing the bearish trend.
• Despite the surge in options activity with a majority of traders being bullish, the pullback in the stock price today could be attributed to market corrections after the recent sharp rise.
• Comments attributed to Reddit CEO Steve Huffman on employees not working very hard before his 2015 comeback may have added some uncertainty or negative sentiment around the company, contributing to the bearish movement in the stock price.

15.04.2025 - RDDT Stock was down 7.3%

• Despite recent positive developments such as a 25% increase in the past month and better-than-expected Q1 earnings, RDDT stock saw a significant downward trend.
• Although there was a notable increase in options trading activity with a majority of traders being optimistic, this did not have a positive influence on RDDT's market performance.
• CEO Steve Huffman's remarks regarding Reddit employees' work ethic prior to his return in 2015 may have sparked concerns about internal management and operational effectiveness, impacting investor confidence.
• Reports of Reddit taking action against AI bots infiltrating the platform might have caused uncertainty among investors about the company's ability to uphold a secure and reliable environment, contributing to the bearish market movement.

21.04.2025 - RDDT Stock was down 5.7%

• RDDT stock had a bearish movement today, dropping 9%.
• The recent rally that lifted RDDT more than 25% over the past month might have led to profit-taking by investors, causing the drop.
• The comparison with Bumble might have also influenced investor sentiment towards RDDT, leading to the bearish movement.
• Overall, the market sentiment towards social networking stocks like RDDT seems to be fluctuating, with investors closely monitoring earnings reports and analyst ratings for guidance.

21.04.2025 - RDDT Stock was down 9.7%

• The bearish movement in RDDT today could be attributed to profit-taking by investors after a recent rally that saw the stock surge more than 25% over the past month.
• The options activity on Reddit showing a nearly equal split between bullish and bearish trades might have added to the uncertainty surrounding the stock, leading to some investors opting to sell off their positions.
• The news of Christian Selig, founder of Reddit iOS app Apollo, teaming up with other internet personalities for advising Digg's strategy may have diverted attention from RDDT, causing a dip in its stock price.
• Overall, the combination of profit-taking, mixed options sentiment, and distractions from other social networking stocks could have contributed to RDDT's bearish movement today.

05.05.2025 - RDDT Stock was down 5.0%

• The decline in RDDT stock value was linked to ongoing legal disputes with an AI company and a subsequent investigation by a securities law firm, raising concerns about potential repercussions for the company's operations.
• Differing broker recommendations, potential legal challenges, and discussions on the Reddit platform about crypto casinos without KYC requirements all contributed to the stock's fluctuations and investor uncertainty.

29.04.2025 - RDDT Stock was up 5.6%

• Despite being down 39% YTD, Reddit's stock experienced a bullish movement today.
• Unusual options activity with a bearish stance on Reddit might have initially caused some uncertainty in the market.
• Positive news about ad revenue growth, AI tools, and new partnerships could have sparked investor optimism and contributed to the bullish movement.
• Analysts recommending holding the stock despite competition and valuation concerns might have also provided some reassurance to investors, leading to the bullish market movement.

06.05.2025 - RDDT Stock was up 5.1%

• RDDT stock experienced a bullish movement today.
• The ongoing securities fraud investigation may have caused uncertainty among investors, leading to volatility in the stock price.
• Despite the legal challenges, brokers' optimistic recommendations to buy RDDT may have influenced investor sentiment, contributing to the bullish movement.
• The lawsuit filed by Reddit against AI firm Anthropic over alleged unauthorized data scraping could have sparked interest in RDDT as investors speculate on the outcome of the legal battle.