The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Reddit Inc. (RDDT) .Reddit Inc. currently has an average brokerag ...

Several positive analyst moves added up to a tailwind, pushing Reddit's (RDDT 7.13%) share price up notably in the final month of 2024. December saw the social media company's already hot stock rise by more than 16%, bolstering its status as one of the best-performing titles of the year.Impressing investors and pundits alikeReddit is one of the newer tech and social media stocks on the scene. It arrived on the market less than a year ago (in March 2024, to be exact, after completing its initial public offer ...

Stock Performance and Technical Indicators - Reddit's stock surged over 125% in the past six months, indicating strong investor optimism [1] - The stock experienced a modest 10% dip over the last month, suggesting some cooling [1] - Reddit's stock is trading at $166.47, slightly below its eight and 20-day SMAs, which may caution short-term traders [1] - The MACD indicator at 7.62 and 50-day SMA of $141.28 signal bullish momentum [2] - The RSI of 56.04 indicates the stock is consolidating for its next upward move [2] Fundamental Strengths and Partnerships - Reddit's collaboration with Google has strategically elevated its visibility in search results, driving more traffic to its forums [2] - The platform's human-driven responses are valuable for training large language models (LLMs), attracting lucrative data-scraping deals [3] Revenue Growth and Monetization Strategies - Reddit reported a 16% increase in revenue per user and 50% user base growth, showcasing effective scaling and monetization [4] - Advertising revenue is climbing, with improved margins leading to positive EPS [4] - The company plans to launch paid subreddit subscriptions and "Reddit Answers" to build additional revenue streams [4] Global Expansion and Growth Potential - Reddit's 2025 expansion into 35 countries is expected to bring millions of new users, highlighting significant growth potential [5] - The company's operational efficiency and sticky user base further bolster investor optimism [5] Long-Term Outlook and Market Positioning - Reddit is viewed as a formidable player in tech's next wave due to its AI-friendly dataset, addictiveness, and synergy with Google [6] - Despite short-term fluctuations, the platform's long-term outlook remains strong [6] - Investors consider Reddit one of the most undervalued plays in social media, with its "AI-learning goldmine" potential [7]

I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Amrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winn ...

Wharton Professor Ethan Mollick and Reddit CEO Steve Huffman help us see a bigger picture.In this rebroadcast of the Motley Fool Money podcast, Wharton Professor Ethan Mollick walks through his four rules for using AI, how he pushes students to use the technology, and the research from his book Co-Intelligence: Living and Working with AI.And Reddit CEO Steve Huffman explains how the company is using AI to move forward.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast cente ...

Recent IPO Stocks Of The Week Astera Labs (ALAB) and Reddit (RDDT) set more record highs the past week, while Birkenstock (BIRK) is near a new buy point.But Atour Lifestyle (ATAT) and Oddity Tech (ODD) triggered sell signals.All of these stocks are featured on Investor's Business Daily's IPO Leaders screen. ↑ X Look For Changes In The Market With These Strategies and Signals See All Videos NOW PLAYING Look For Changes In The Market With These Strategies and Signals Astera hit a new high the past w ...

When it comes to the hottest trends in the stock market for 2024, it isn’t likely that investors would land on social media names, or at least not for the reasons that social media platforms should be considered. Sure, stocks like Alphabet Inc. NASDAQ: GOOGL and Meta Platforms Inc. NASDAQ: META saw some bullish price action during 2024, especially toward the end; however, it was likely because of their artificial intelligence exposure. Reddit TodayRDDTReddit$176.74 -0.67 (-0.38%) 52-Week Range$37.35▼$182.2 ...

Reddit Inc. (RDDT) ended the recent trading session at $176.74, demonstrating a -0.38% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.04%. Elsewhere, the Dow gained 0.07%, while the tech-heavy Nasdaq lost 0.05%.Shares of the company have appreciated by 26.68% over the course of the past month, outperforming the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 1.05%.Market participants will be closely following the financia ...

The latest trading session saw Reddit Inc. (RDDT) ending at $163.72, denoting a +1.91% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.09%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.1%.Prior to today's trading, shares of the company had gained 17.89% over the past month. This has outpaced the Computer and Technology sector's gain of 3.04% and the S&P 500's loss of 0.29% in that time.The upcoming earnings release of Reddit ...

公司评论 第一上海研究部 research@firstshanghai.com.hk 2024 年 12 月 16 日 星期一 【公司评论】 胡启桢 852-25321597 Leslie.hu@firstshanghai.com.hk | --- | --- | |------------|-----------------| | | | | 行业 | 互联网 | | 股价 | 172.65 美元 | | | | | 市值 | 303.14 亿美元 | | 已发行股本 | 1.76 亿股 | | | 180.74 美元 / | | 52 周高/低 | 37.35 美元 | 股价表现 REDDIT（RDDT）：新世代的社交媒体，AI 的重要素材库 美版"贴吧"，年轻人的社交聚集地 Reddit 是一家知名的美国社交新闻和网络社区公司，于 2005 年由史蒂夫·哈夫 曼（Steve Huffman）、亚历克西斯·欧哈尼安（Alexis Ohanian）以及亚伦·施 瓦茨（Aaron Swartz）共同创立，总部位于加利福尼亚州旧金山。作为一个以社 区为核心的平台，Reddit 允许用户通过发布、评论和投票的方式 ...