RDDT Reddit, Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel ยท 18-month channel falling
Closed below support (US$147.31). Treat the buy level with caution.
- 18-month channel
- US$147.31 โ US$163.22 ยท falling, โ5% a year
- Price in channel
- โ350% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$163.22
- Published levels
- Buy and target are not from this channel โ see below.
What broke this trend
- The fall
- -66% from US$270.7318 Sept 2025 โ 30 Oct 2026
- Whose problem it was
- This company0 of 6 Internet Content & Information peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 0%of what it lost
- What the record says
- 33% of 7 comparable falls came back, typically in 113 days measured on its own peer group
Fell -66% (18 Sept 2025 โ 30 Oct 2026); regained 0% so far; company-specific.
Reported at the time: Needham Maintains Buy on Reddit, Raises Price Target to $300 โ 15 Sept 2025
Price history, with the path projected 3 months forward
Updated 2:30 PM ET (21 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$91.66
level as at 1 Nov 2026
Our target
US$114.57
by 22 Nov 2026
Projected move
25.0%
gross, before costs
Price is at or below our buy.
Target: RDDT's usual move size (25.0%), the best return per day on this path.
This move size: reached in 39% of 9 past stretches, typically in 21 days. (1.19% per day)
1 settled call ยท 1 reached target (100%) ยท average best move 15.3%. See the full record.
- Upper line touches
- 5
- Lower line touches
- 7
- Fit confidence
- 42%
- Fitted
- 1 Nov 2026
Company information
About Reddit, Inc.
Reddit, Inc. oversees an internet-based service dedicated to fostering diverse online communities. This platform categorizes groups by shared passions, enabling its users to participate in dialogues through recounting experiences, sharing external web addresses, uploading visual and video content, and engaging in direct replies. Founded in 2005, the corporation maintains its central operations in San Francisco, California. Reddit, Inc. also functions as a controlled subsidiary of Advance Publications, Inc.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- CEO
- Steven Ladd Huffman
- Employees
- 2,555
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- โ
- Profitability
- โ
- Financial health
- โ
- Cash generation
- โ
Key statistics
- Market cap
- US$28.46B
- Enterprise value
- โ
- Beta
- 2.02
- Avg volume
- 5.55M
- Revenue per share
- โ
- Dividend yield
- โ
- 52-week range
- 119.27-263.5
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- โ
- PEG
- โ
- Price / sales
- โ
- Price / book
- โ
- EV / EBITDA
- โ
- Gross margin
- โ
- Operating margin
- โ
- Net margin
- โ
- Current ratio
- โ
- Quick ratio
- โ
- Debt / equity
- โ
- Interest cover
- โ
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.