Reddit Sees Strong Growth as Analysts Boost Targets and Executives Cash In

Reddit, Inc. (NYSE:RDDT) is one of the 11 Best Performing IPOs in the Last 2 Years.

The company’s price target is raised amid significant second-quarter growth and the top executives’ sales.

On July 31, 2025, Reddit, Inc. (NYSE:RDDT) announced a 78% year-over-year growth in its revenue, reaching $500 million in the second quarter of 2025. The growth was a result of a 21% year-over-year increase in Daily Active Uniques (“DAUq”) to 110.4 million. Following these positive figures, the company’s top executives significantly cashed in on their stocks. The company’s COO sold $7.84 million in shares, and this was followed by the CFO’s sales of $6.5 million.

Meanwhile, multiple analysts have upgraded the stock’s price target. Oppenheimer raised it from $215 to $300 while Jefferies elevated the price target from $230 to $300, signaling a strong confidence in the company’s growth potential. Adding to this confidence is the company’s notable growth of 473.13% since it issued its IPO on March 21, 2024.

Reddit, Inc. (NYSE:RDDT) is a social news aggregation and discussion platform, founded in 2005 and headquartered in California. Its business model is centered on user-generated content, with posts organized into thousands of communities, known as “subreddits”. Using the platform, the users share content and engage in authentic conversations.

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