Neutral
Reddit (RDDT) stock closes at $179.85 on July 18, 2026, amid mixed analyst sentiments.
In the past 24 hours, Reddit's stock (RDDT) experienced slight fluctuations, closing at $179.85 on July 18, 2026. Analyst opinions remain mixed, with some expressing optimism about the company's growth prospects, while others highlight potential challenges.
Key points
- Analysts maintain a 'Moderate Buy' rating for RDDT, with an average price target of $245.36.
- Jefferies analyst John Colantouni reaffirmed a 'Buy' rating and raised the price target to $325, despite market volatility.
- Bessemer Group Inc. increased its stake in Reddit by 2.4%, now holding approximately 0.25% of the company.
- Reddit's CEO, Steve Huffman, sold 17,900 shares for about $2.6 million in February 2026.
Sources
- Optimize Financial Inc Acquires Shares of 6,176 Reddit Inc. $RDDTMarketBeat · July 18, 2026
- Reddit Stock (RDDT) Falls despite Jefferies’ Backing for 2026 amid AI ThreatsTipRanks · July 18, 2026
- Bessemer Group Inc. Buys 10,996 Shares of Reddit Inc. $RDDTMarketBeat · July 18, 2026
- Reddit CEO Huffman Sells $2.6M in RDDT StockInvesting.com · March 4, 2026
AI-generated from public news sources. Not financial advice.
