JPMorgan Chase & Co. Lowers Reddit (NYSE:RDDT) Price Target to $200.00

Posted by Donald Scott on Feb 6th, 2026

Reddit (NYSE:RDDT – Get Free Report) had its price target decreased by stock analysts at JPMorgan Chase & Co. from $227.00 to $200.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 43.61% from the company’s current price.

RDDT has been the subject of a number of other reports. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $250.00 price objective (up from $225.00) on shares of Reddit in a research report on Monday, October 20th. Argus set a $300.00 price objective on shares of Reddit in a research report on Friday, January 9th. Robert W. Baird set a $200.00 price objective on shares of Reddit in a research report on Friday. Wall Street Zen downgraded shares of Reddit from a “buy” rating to a “hold” rating in a report on Saturday, January 10th. Finally, Bank of America raised their price objective on shares of Reddit from $180.00 to $210.00 and gave the stock a “neutral” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $241.31.

Get Our Latest Stock Analysis on RDDT

Reddit Stock Performance

NYSE RDDT traded down $11.78 during trading hours on Friday, hitting $139.27. 21,786,737 shares of the company traded hands, compared to its average volume of 5,638,953. The business’s 50-day moving average is $222.78 and its 200-day moving average is $214.72. The stock has a market capitalization of $26.39 billion, a price-to-earnings ratio of 80.04, a P/E/G ratio of 1.06 and a beta of 2.17. Reddit has a twelve month low of $79.75 and a twelve month high of $282.95.

Reddit (NYSE:RDDT – Get Free Report) last released its quarterly earnings data on Thursday, February 5th. The company reported $1.24 EPS for the quarter, beating the consensus estimate of $0.96 by $0.28. Reddit had a return on equity of 14.94% and a net margin of 18.33%.The company had revenue of $725.61 million during the quarter, compared to the consensus estimate of $665.80 million. During the same quarter in the prior year, the firm posted $0.36 EPS. The firm’s revenue for the quarter was up 69.7% compared to the same quarter last year. Analysts predict that Reddit will post 1.12 EPS for the current year.

Insider Buying and Selling at Reddit

In related news, COO Jennifer L. Wong sold 27,159 shares of the stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $225.73, for a total transaction of $6,130,601.07. Following the sale, the chief operating officer owned 1,157,369 shares in the company, valued at approximately $261,252,904.37. This trade represents a 2.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Steve Ladd Huffman sold 18,000 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $183.18, for a total transaction of $3,297,240.00. Following the transaction, the chief executive officer owned 448,576 shares of the company’s stock, valued at approximately $82,170,151.68. This represents a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 523,511 shares of company stock valued at $114,237,285 over the last three months. 34.25% of the stock is owned by insiders.

Hedge Funds Weigh In On Reddit

Hedge funds and other institutional investors have recently modified their holdings of the business. Raiffeisen Bank International AG bought a new position in Reddit in the third quarter valued at about $25,000. GW&K Investment Management LLC bought a new stake in shares of Reddit during the 3rd quarter valued at approximately $30,000. Cornerstone Planning Group LLC increased its position in Reddit by 13,500.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 136 shares of the company’s stock worth $31,000 after purchasing an additional 135 shares in the last quarter. LOM Asset Management Ltd bought a new position in Reddit in the 4th quarter valued at approximately $33,000. Finally, Financial Perspectives Inc acquired a new stake in Reddit in the second quarter valued at approximately $34,000.

Key Headlines Impacting Reddit

Here are the key news stories impacting Reddit this week:

Positive Sentiment: Strong Q4 results and raised guidance — Reddit reported Q4 EPS and revenue above estimates and forecast Q1 revenue above Street expectations, a key reason the stock rallied after the print. Reddit forecasts revenue above estimates as AI fuels ad sales
Positive Sentiment: $1 billion share buyback announced — management authorized a sizable repurchase program that should support EPS and reduce float over time. Reddit Reports Fourth Quarter and Full Year 2025 Results; Announces $1 Billion Share Repurchase Program
Positive Sentiment: Analysts reacting — several firms raised price targets and reaffirmed buy ratings after the quarter, signaling continued bullish institutional views. These Analysts Revise Their Forecasts On Reddit Following Q4 Results
Neutral Sentiment: AI and product roadmap could drive longer-term ad monetization — management highlighted AI search and ad tools as growth drivers, but monetization timelines remain multi-quarter. Reddit looks to AI search as its next big opportunity
Neutral Sentiment: M&A appetite announced — Reddit told analysts it’s scouting adtech and other buys that either scale across Reddit or grow users; strategic but uncertain near-term impact. Reddit says it’s looking for more acquisitions in adtech and elsewhere
Negative Sentiment: CEO insider selling reported — recent disclosure of a multi-million-dollar sale by the CEO has been cited as a near-term selling catalyst. Insider Selling: Reddit (NYSE:RDDT) CEO Sells $3,297,240.00 in Stock
Negative Sentiment: Transparency change: company plans to stop disclosing logged‑in vs. logged‑out user counts in 2026 — investors may view that as reduced visibility into engagement trends. Reddit (RDDT) plans to stop disclosing logged-in and logged-out user numbers in 2026
Negative Sentiment: Valuation and profit-taking — after the post-earnings jump, some investors appear to be locking in gains amid divergent DCF/valuation views and very high intraday volume, pressuring the share price. Reddit (RDDT) Valuation Check As Shares Lag And DCF Views Sharply Diverge

About Reddit

(Get Free Report)

Reddit is an online social news aggregation, discussion and content-sharing platform organized around user-created communities called “subreddits,” each focused on a particular topic or interest. Registered users submit links, text posts, images and video, and community members vote and comment to surface popular content. The site is accessed via its web platform and mobile apps for iOS and Android, and it supports live events such as Ask Me Anything (AMA) sessions and community-driven discussions.

Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit is headquartered in San Francisco and serves a global audience with particularly large user bases in the United States and other English-speaking markets.