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Reddit Stock Soars 3% Amid Positive Analyst Outlook

10/21/2025

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Story summary
  • Reddit shares rose nearly 3% to $201 after Raymond James raised its target from $225 to $250.
  • Analysts project Q3 2025 revenue to rise by $50–60 million, with 19 of 28 brokerages rating the stock as buy.
  • Despite a 12% October decline, analysts remain optimistic about Reddit's future due to growth and enhancements.
  • Reddit's stock has surged 141% over the past year, with a price-to-sales ratio above the industry average.