RBC Capital Reaffirms Their Hold Rating on Reddit Inc Class A (RDDT)
In a report released today, Brad Erickson from RBC Capital maintained a Hold rating on Reddit Inc Class A, with a price target of $250.00.Claim 55% Off TipRanksAccording to TipRanks, Erickson is a 5-star analyst with an average return of 12.3% and a 53.66% success rate. Erickson covers the Communication Services sector, focusing on stocks such as Reddit Inc Class A, Zillow Group Class A, and Angi.In addition to RBC Capital, Reddit Inc Class A also received a Hold from Goldman Sachs’s Eric Sheridan in a report issued today. However, on the same day, Citizens JMP maintained a Buy rating on Reddit Inc Class A (NYSE: RDDT).Based on Reddit Inc Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $725.61 million and a net profit of $251.6 million. In comparison, last year the company earned a revenue of $427.71 million and had a net profit of $71.04 millionBased on the recent corporate insider activity of 171 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RDDT in relation to earlier this year. Most recently, in March 2026, SARAH E FARRELL, a Director at RDDT bought 10,500.00 shares for a total of $1,388,730.00.This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
