From Financial Modeling Prep: 2025-03-21 07:54:00

Reddit (NYSE:RDDT) was given a Buy rating and $220 price target by Needham analysts, despite a 40% drop since February 12. Investor sentiment in Q1 2025 showed a shift, with evolving concerns and optimism. Needham raised profitability forecasts for 2025 and 2026, expecting 30% revenue growth each year, the fastest among companies they track.

Despite a significant stock decline, Needham analysts remain optimistic about Reddit’s growth potential. They increased profitability forecasts for 2025 and 2026, projecting 30% year-over-year revenue growth in both years. Investor sentiment has shifted in Q1 2025, with changing concerns and optimism, signaling a fast-changing perception of the company.



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