From Financial Modeling Prep: 2025-02-12 07:00:02

Reddit’s stock price has surged by 22% since December, outperforming the S&P 500, with a significant year-over-year revenue increase of 68%. Strategic developments, including AI data licensing, have contributed $33.2 million to Reddit’s revenue, leading to a new price target of $275, representing a 32% upside. The average target price for NYSE:RDDT has increased to $197 over the past month.



Read more at Financial Modeling Prep:: Reddit, Inc. (Symbol: RDDT) Sees Positive Shift in…