Reddit stock climbs today after Needham’s $300 target call — what’s next for RDDT
NEW YORK, December 29, 2025, 2:50 PM ET — Regular session Reddit, Inc. (RDDT.N) shares rose 3.8% to $234.30 in afternoon trading on Monday after an analyst reiterated a bullish view on the social media platform. The stock opened at $225 and has traded between $222.86 and $234.54, with volume at about 1.8 million shares. The move followed a fresh Needham note that reiterated a “buy” rating and maintained a $300 price target, arguing Reddit benefits as artificial intelligence (AI) tools answer questions directly on search pages. “As overall referral traffic shrinks, the platforms that AI answers cite (like Reddit)