RDDT is trading 3.5% up now at $231.91 after upbeat coverage highlighting its growth and monetization potential.
- Recent research notes cite an average overweight rating and a mean price target around $250.
- A bullish path-to-$300 scenario is tied to AI-driven monetization and premium valuation support.
- Investors are leaning into this positive sentiment, focusing on Reddit’s data-licensing and advertising growth story following prior insider-selling headlines.