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Reddit Inc ($RDDT) Stock Forecast: Up 6.5% 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?

RDDT, known as Reddit Inc., is a social news aggregation and discussion website where registered members can submit content. The platform has seen significant growth in its global user base.

Why is Reddit Inc going up?

RDDT stock is up 6.5% on Aug 28, 2025 19:35

  • RDDT experienced a strong bullish movement today, likely driven by multiple positive factors:
  • Snowflake and Box, two tech companies, posted impressive Q2 earnings, boosting investor confidence in the tech sector as a whole.
  • Speculation around Reddit's international expansion potential may have fueled optimism among investors, hinting at future revenue growth opportunities.
  • The unusual options activity and brokers' recommendations also contributed to the bullish sentiment, indicating a positive outlook for RDDT's stock in the market.

RDDT Price Chart

RDDT Technical Analysis

RDDT News

Snowflake Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise

SNOW tops Q2 estimates with 31.8% revenue growth, stronger margins and upbeat fiscal 2026 guidance, driving shares higher.

https://www.zacks.com/stock/news/2744478/snowflake-q2-earnings-beat-estimates-revenues-up-yy-shares-rise

0 Missing News Article Image Snowflake Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise

BOX Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise

Box posts Q2 earnings beat with 9% revenue growth, higher RPO, and solid margin gains while guiding for steady FY26 expansion.

https://www.zacks.com/stock/news/2743777/box-q2-earnings-beat-estimates-revenues-up-yy-shares-rise

1 Missing News Article Image BOX Q2 Earnings Beat Estimates, Revenues Up Y/Y, Shares Rise

Can Reddit's International Expansion Drive More Upside in the Stock?

RDDT's global user base is growing fast, but low ARPU abroad points to untapped monetization potential.

https://www.zacks.com/stock/news/2743683/can-reddits-international-expansion-drive-more-upside-in-the-stock

2 Missing News Article Image Can Reddit's International Expansion Drive More Upside in the Stock?

Reddit Unusual Options Activity - 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/25/08/47358730/reddit-unusual-options-activity

3 News Article Image Reddit Unusual Options Activity - Reddit  ( NYSE:RDDT )

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

Based on the average brokerage recommendation (ABR), Reddit Inc. (RDDT) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

https://www.zacks.com/stock/news/2743372/brokers-suggest-investing-in-reddit-inc-rddt-read-this-before-placing-a-bet

4 Missing News Article Image Brokers Suggest Investing in Reddit Inc.  ( RDDT ) : Read This Before Placing a Bet

Reddit Inc Price History

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.

20.07.2025 - RDDT Stock was down 8.4%

  • RDDT experienced a notable bearish movement today, which could be correlated with an approaching deadline for a class action suit prompting investors to seek legal advice promptly.
  • Despite reaching a recent 52-week high, RDDT paused its upward trend today, potentially contributing to the bearish stance observed.
  • The mixture of bullish and bearish sentiments among traders, with a majority leaning towards a bearish outlook, likely intensified the downward pressure on RDDT's price.
  • The market dynamics of RDDT could also be influenced by recent strategic partnerships and positive growth forecasts that drove gains in other prominent stocks last week, potentially diverting attention and funds away from RDDT.

14.07.2025 - RDDT Stock was up 7.3%

  • RDDT stock reached a new 52-week high due to investor optimism about the company's rapid growth and revenue plans.
  • Despite being confronted with a class action lawsuit from investors, RDDT sustained its positive momentum, suggesting that market participants are more focused on its favorable growth prospects.
  • The revelation of keynote speakers for an industry event, which includes Reddit's CEO, Steve Huffman, may have also contributed to the positive outlook on RDDT, demonstrating strong leadership involvement in key events.
  • In conclusion, today's upward movement in RDDT reflects investors' belief in the company's future opportunities despite legal issues, underscoring the significance of growth potential in influencing stock performance.

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.

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.

28.07.2025 - RDDT Stock was up 6.5%

  • RDDT experienced a strong bullish movement today, likely driven by multiple positive factors:
  • Snowflake and Box, two tech companies, posted impressive Q2 earnings, boosting investor confidence in the tech sector as a whole.
  • Speculation around Reddit's international expansion potential may have fueled optimism among investors, hinting at future revenue growth opportunities.
  • The unusual options activity and brokers' recommendations also contributed to the bullish sentiment, indicating a positive outlook for RDDT's stock in the market.

28.07.2025 - RDDT Stock was up 5.3%

  • RDDT stock exhibited bullish movement today, likely influenced by several positive factors:
  • Strong Q2 earnings and revenue growth from Box may have uplifted investor sentiment in the tech sector, benefiting RDDT as a tech company.
  • Reports of Reddit's expansion into international markets and potential revenue growth through data licensing possibly sparked enthusiasm among investors, prompting a rise in the stock price.
  • Unusual options trading patterns and bullish recommendations from brokers could have further bolstered the positive momentum in RDDT's stock.
  • Overall, the market appears to be favorably reacting to Reddit's future growth prospects and potential diversification of revenue streams beyond its primary user engagement model.

21.07.2025 - RDDT Stock was up 5.2%

  • Despite a broader market retreat impacting technology companies, Reddit's stock managed to defy the trend and had a strong bullish movement.
  • Financial giants showed bearish tendencies towards Reddit, but this did not deter the stock from reaching a new 52-week high.
  • The reminder of a class action suit deadline did not seem to have a negative impact on Reddit's stock performance.
  • Reddit's bullish movement could be attributed to strategic deals, growth optimism, and strong earnings, which propelled the stock to be among the top large-cap gainers recently.

19.07.2025 - RDDT Stock was down 6.3%

  • A potential reason for the stock's bearish movement could be profit-taking after hitting a new 52-week high earlier.
  • Investors might be reacting to the approaching deadline for a class-action suit, leading to increased selling pressure on RDDT due to concerns about losses.
  • Despite registering significant gains last week, RDDT's current decline could be linked to investors reassessing their positions amid legal uncertainties and profit apprehensions.
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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.