
Reddit Inc (RDDT) Stock Forecast & Price Target
Reddit Inc (RDDT) Analyst Ratings
Bulls say
Reddit's international daily active users (DAUq) grew by 31.4% year-over-year in the third quarter, highlighting the platform's successful marketing investments and product enhancements, with international revenue share improving from low single digits to mid-single digits. The overall DAUq reached 50.2 million, reflecting a 13.8% year-over-year increase, with significant growth in both U.S. (7.4%) and rest of world (19.4%) segments, indicating strong user engagement and community interest. Furthermore, advancements in advertising capabilities, including improved targeting and new auto-bidding tools, are expected to enhance advertiser participation and contribute positively to revenue growth in the upcoming quarters.
Bears say
Reddit has experienced continuous net losses since its inception, raising concerns about its ability to achieve future profitability. The platform's revenue generation is heavily dependent on advertising, which is vulnerable to fluctuations in advertiser budgets; a decline from significant advertisers could materially impact its financial performance. Additionally, any decrease in user traffic or potential data breaches could further jeopardize its advertising revenue and overall business sustainability.
This aggregate rating is based on analysts' research of Reddit Inc and is not a guaranteed prediction by Public.com or investment advice.
Reddit Inc (RDDT) Analyst Forecast & Price Prediction
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