Reddit, Inc. (RDDT) shares saw an increase of over 1.50% in premarket trading on Wednesday, October 15, 2025, after Goldman Sachs raised its price target for the stock from $212 to $236. The investment bank maintained a 'Neutral' rating but lifted its revenue estimates for Reddit for the period of 2025 through 2027, citing a healthy operating environment. Goldman's analysts noted continued momentum for the company as it scales its core advertising and data-licensing revenues. This positive analyst action comes after the stock had experienced a downtrend following its all-time high on September 18, with a 3.60% drop on the preceding Tuesday. The new price target from Goldman Sachs suggests a potential 20% upside from the previous day's closing price.