Redburn Atlantic Reiterates Sell on Reddit (RDDT) as Google’s AI Search Threatens Growth
From Yahoo Finance: 2025-05-29 15:13:00
Reddit Inc (RDDT) receives a “Sell” rating with a $75 price target from Redburn-Atlantic analyst James Cordwell on May 28. The social media platform utilizes AI for search function enhancement and user engagement. Concerns arise as Google’s AI advancements threaten Reddit’s growth potential, posing challenges for revenue and user engagement. The aggressive rollout of Google’s AI Mode accelerates the shift to AI-based search experiences, impacting Reddit’s adaptation to the changing landscape. RDDT ranks 8th in AI stocks list, highlighting potential investment but suggesting other stocks with higher returns and lower risk. No promotional content included in the article.
Read more at Yahoo Finance: Redburn Atlantic Reiterates Sell on Reddit (RDDT) as Google’s AI Search Threatens Growth