Reddit Stock (RDDT) Jumps as Analysts Double Down on User Growth: Today’s News, Price Targets, and 2026 Outlook (Dec. 17, 2025)
Reddit shares climbed 3.6% to $232.02 by 1:42 p.m. ET Wednesday after RBC Capital Markets raised its price target to $250. Piper Sandler estimated Reddit’s monthly active users hit 953 million in November, up 2% from October. Q3 advertising revenue reached $549 million, a 74% increase year-over-year. Zacks noted rapid ad growth but flagged Reddit’s high valuation.