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Needham: Reddit Stock is a 'Top Pick' for 2026
Schaeffers Investment Research· 2025-12-23 17:10
Needham is the third firm to name RDDT a "top pick" this monthShares of Reddit Inc (NASDAQ:RDDT) were last seen down 1.5% to trade at $229.76, despite Needham adding it to its "Conviction buy" list for 2026. The firm noted Reddit's fast-growing ad platform, boosted by its AI-powered advertising tools, as well as its authentic content. Notably, this is the third analyst to name RDDT a "top pick" this month. On the charts, RDDT has found recent support at the ascending 20-day moving average, though the $240 ...