Reddit Stock News

Piper Sandler still sees more upside for the social media platform.

Reddit (RDDT -9.11%) stock is sinking in Thursday's trading. The social media company's share price was down 9.4% as of 2:45 p.m.

SAN FRANCISCO--(BUSINESS WIRE)--Reddit, Inc. (NYSE: RDDT), today announced its participation in two upcoming investor conferences. Jen Wong, Chief Operating Officer, will participate in the Morgan Stanley Technology, Media & Telecom Conference. The Fireside Chat session is scheduled for 1:45 p.m. Eastern Time / 10:45 a.m. Pacific Time on Tuesday, March 4, 2025 Steve Huffman, Co-Founder & CEO, w...

IPO Stock Of The Week Roundup: China stock Atour hit a buy point, while Reddit plunged on earnings. The post IPO Stock Of The Week Roundup: Atour Hits Buy Point; Birkenstock, Reddit Tumble appeared first on Investor's Business Daily.

The digital advertising market is doing so well that even Reddit is getting a cut of the spoils. "Advertisers feel like consumers are susceptible to advertising and are investing in that," said Gil Luria, head of tech research at investment banking firm D.A.

Reddit shares dropped 15% post-earnings despite strong results, presenting a potential buying opportunity for long-term investors. Q4 2024 saw revenues of $428 million, a 71% increase, crushing street estimates yet again, while reporting strong bottom-line improvement. Current quarter guidance was above expectations, and RDDT's improving financials suggest the potential for S&P 500 inclusion.

Reddit's Q4 earnings showed strong growth and profitability, but user growth fell short of analyst expectations, leading to a stock sell-off. Despite the dip, Reddit remains a long-term powerhouse with potential for significant upside, targeting a share price of $330 by 2028. Reddit's international expansion, robust revenue growth, and new advertising streams bolster its future prospects, makin...

Reddit, Inc. stock nosedived post-Q4 earnings Wednesday, trading as much as 15% lower pre-market on one thing: DAUq missed Wall Street expectations at 101.7M versus 103.1M. We think this was a one-time hit due to changes in Google's algorithm, with Google accounting for 40-50% of Reddit's traffic. It's safe to say this vulnerability got priced in. We think the market's reaction was dramatic.