Reddit’s Stock RDDT Rockets 600%: AI Deals, Big Earnings, and Wall Street Forecasts
Reddit (NYSE:RDDT) closed at $230 on Sept. 30, down from a mid-September peak near $283, but up 245% year-to-date. Q2 2025 revenue hit $500M (+78% YoY) with net income of $89M, beating guidance. Daily active uniques reached 110 million, up 21% YoY. Analysts’ 12-month price targets average $201–202, with RDDT trading at ~24× sales and a trailing P/E near 200.