Argus Research Maintains Buy on Reddit, Lowers Price Target to $150
Argus Research analyst Joseph Bonner maintains Reddit (NYSE:RDDT) with a Buy and lowers the price target from $225 to $150.
Reddit, Inc. (RDDT)
NYSE
$98.40
-$1.75
(-1.76%)
After-Hours
Reddit, Inc. (RDDT) Live Price Chart
Last updated: 2026-11-13 21:45:20. Prices reflect the latest after-hours trading data. Stock price data is sourced from Massive.
Summary
Reddit, Inc. (RDDT) operates in the SERVICES-COMPUTER PROCESSING & DATA PREPARATION sector and is listed on NYSE. The stock is currently priced at $98.40, with a market capitalization of $19.22B and a P/E ratio of 19.38. Over the past 52 weeks, its price has ranged from $89.28 to $263.50. This page covers its latest market performance, valuation, price trends and company information.
Key Market Data
$19.22B | |
$98.75 | |
$101.24 | |
$98.22 | |
$99.55 | |
2.79M | |
5.59M | |
19.38 | |
$263.50 | |
$89.28 | |
-- | |
12-31 |
Reddit, Inc. (RDDT) After-Hours Stock Price
Reddit, Inc. (RDDT) is trading at $97.67 in after-hours trading as of 2026-11-13 21:28:44, down 0.74% ($0.73) from the regular-session close of $98.40.
After-hours trading shows how investors are pricing RDDT after the regular session closes. The current after-hours price is below the regular-session close, indicating cautious after-hours sentiment.
Why Is RDDT Stock Down Today?
RDDT is down 0.86% in after-hours trading.
Reddit shares are trading lower after Argus Research lowered its price target on the stock from $225 to $150.
Reddit, Inc. (RDDT) 7-Day Stock Price Change
Over the past seven days, Reddit, Inc. (RDDT) moved from $93.81 to $98.40, representing a gain of 4.90% ($4.59).
The stock traded between $91.20 and $106.38 during the period. The latest price is near the middle of the 7-day range, indicating moderate upward.
The average daily volume was 5.25 million shares, down versus the previous seven-day period, indicating lower trading activity.
RDDT 52-Week Price Position
Position in Range: 5.2%
52W Low$89.28
52W High$263.50
RDDT is currently trading at $98.40, placing it 5.2% of the way from its 52-week low of $89.28 to its 52-week high of $263.50. This percentage reflects the stock's relative position within its 52-week trading range, not its valuation or future performance.
What is Reddit, Inc. (RDDT)?
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.
Reddit, Inc. Information
| Industry | SERVICES-COMPUTER PROCESSING & DATA PREPARATION |
| Employees | 2,555 |
| CEO | Steven Ladd Huffman |
| Founded | 2005 |
| Exchange | NYSE |
| Company Website |
RDDT News
Latest news related to Reddit, Inc. and RDDT stock.
- BenzingaRead Full Article
- MassiveRead Full Article
Reddit Rides on Strong Ad Growth: Can It Outpace META and SNAP?
Reddit reported strong Q3 2026 advertising revenue growth of 54% to $847 million, driven by higher pricing, impressions, and AI-powered solutions like Reddit Max. International ad revenues jumped 68%, and scaled advertising revenues increased over 80%. However, RDDT shares have plunged 57.1% year-to-date despite the strong financial performance. The company faces intense competition from Meta Platforms and Snap, both investing heavily in AI-powered advertising technologies.
Ways to Trade RDDT at MEXC
How to Buy Reddit, Inc. (RDDT) Stock on MEXC
Eligible investors can buy real shares of Reddit, Inc. (RDDT) through MEXC RealStocks. Follow these three steps to open a RealStocks account, transfer USDT, and place a US stock order.
Step 1: Open and Verify Your RealStocks Account
Log in to the MEXC App, go to Trade → RealStocks, and select Open Account. Complete the required account-opening and identity verification process with MEXC's partner licensed broker.
Step 2: Transfer USDT to Your RealStocks Account
Go to Wallets → RealStocks and transfer USDT from your Spot Account to your RealStocks Account. RealStocks are quoted in USD, while account funding can be completed using USDT.
Step 3: Search for RDDT and Place Your Order
Open the RealStocks trading page and search for RDDT. Select a market or limit order, enter the price and quantity as required, review the order details, and submit your order. Once filled, the corresponding real shares will be held in your RealStocks Account.
Frequently Asked Questions (FAQ)
1.What is Reddit, Inc. (RDDT) stock price today?
Reddit, Inc. (RDDT) is currently trading at $98.40, down 1.76% ($1.75) from the previous close of $99.55. Intraday prices update in real time during regular trading hours.
2.Is RDDT stock going up or down today?
As of 2026-11-13 21:28:44, RDDT is trading at $98.40, down 1.76% ($1.75) from its previous close of $99.55. The stock has traded between $98.22 and $101.24 during today’s regular session. Past price movements do not guarantee future results.
3.What is RDDT pre-market price?
As of 2026-11-13 21:28:44, RDDT is trading at $100.40 in pre-market trading, up 0.86% ($0.85) from the previous close of $99.55. Pre-market prices reflect trading activity before the regular session opens and may experience lower liquidity and higher volatility.
4.What is RDDT after-hours price?
As of 2026-11-13 21:28:44, RDDT is trading at $97.67 in after-hours trading, down 0.74% ($0.73) from the regular-session close of $98.40. After-hours prices may differ from the regular session’s opening price due to lower liquidity and wider bid-ask spreads.
5.Is RDDT stock trading now?
RDDT trades on the NYSE exchange during regular hours, Monday through Friday, 9:30 AM to 4:00 PM ET, excluding public holidays. Pre-market and after-hours trading are also available through select brokers outside these hours.
6.Where does RDDT sit relative to its 52-week high and low?
Over the past 52 weeks, RDDT has traded between a low of $89.28 and a high of $263.50. At $98.40, the stock is positioned 5.2% of the way from its 52-week low to its 52-week high, providing context for its current price within the one-year trading range.
7.What sector is Reddit, Inc. in?
Reddit, Inc. (RDDT) operates in the SERVICES-COMPUTER PROCESSING & DATA PREPARATION sector. Sector classification helps investors compare it with companies exposed to similar market trends and competitive conditions.
8.What is Reddit, Inc.'s market capitalization and where is it listed?
Reddit, Inc. is listed on the NYSE exchange with a market capitalization of $19.22B. Market cap reflects the total market value of all outstanding shares and is commonly used to classify stocks by size.
9.How is RDDT valued in terms of P/E ratio and EPS?
RDDT trades at a P/E ratio of 19.38, based on trailing-twelve-month EPS of $5.14. P/E ratio compares the stock price to earnings per share and is a common starting point for assessing valuation relative to peers.
10.Does Reddit, Inc. pay a dividend?
Reddit, Inc. pays an indicated annual cash dividend of $0.00 per share, with a current dividend yield of 0.00% based on the latest share price. Dividend policies are subject to change at the board's discretion.
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Compliance Disclosure and Data Source
Stock prices and market data on this page, including price changes and market status, are provided by Massive and other third-party news and data platforms. Market data may be delayed and may differ from prices on other platforms or the prices at which trades are executed on MEXC. MEXC does not guarantee the accuracy, completeness, or timeliness of third-party data. MEXC offers trading products related to RDDT, including Stocks, Tokenized Stocks, and Stock Futures.
Disclaimer
The stock price information displayed on this page is provided for reference purposes only and may be delayed or differ from real-time market data. Prices, charts, and related metrics do not constitute investment advice and should not be relied upon for trading or investment decisions. MEXC is not responsible for any losses incurred based on the stock price information provided on this page. Please refer to official market sources or consult licensed financial professionals before making any investment decisions.
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