Needham Reiterates Buy on Reddit (RDDT), Calls It a “Best Idea for 2026” [Yahoo! Finance]
Reddit, Inc. Class A (RDDT)
Company Research
Source: Yahoo! Finance
The firm said that the stock is firing on all cylinders and is a best idea in 2026. “We add RDDT to the Conviction List, replacing Roku, which is up 48% YTD in 2025.” According to the firm, Reddit's advantage of having 100% human-created content optimizes trust, authenticity, and value to LLMs. The company is already generating over $100M per year in fees from OpenAI and Google's (GOOGL) Gemini. “RDDT has no high-quality substitutes at similar scale, which should give RDDT pricing power. We believe RDDT's data will become table stakes for all GenAI LLMs, over time.” -Analyst Laura Martin. This revenue, it noted, may even double with Anthropic and Perplexity fees provided it resolves the lawsuit against the AI startups for alleged misuse of content. The firm also said while the stock looks stuck for now, its advertising advantages have the capability to change that. Owing to its growing audience, new ad tools, and engaged users, Reddit may grow its advertising revenue at an e
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RDDT
News
- Reddit Buy Alert: Could It Really Have 40% Upside Potential? [Yahoo! Finance]Yahoo! Finance
- Reddit (NYSE:RDDT) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Reddit (NYSE:RDDT) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- Reddit (NYSE:RDDT) had its "buy" rating reaffirmed by analysts at Needham & Company LLC. They now have a $300.00 price target on the stock.MarketBeat
- Reddit (NYSE:RDDT) had its "buy" rating reaffirmed by analysts at Needham & Company LLC. They now have a $300.00 price target on the stock.MarketBeat
RDDT
Earnings
- 10/30/25 - Beat
RDDT
Sec Filings
- 12/29/25 - Form 4
- 12/23/25 - Form 4
- 12/18/25 - Form 4
- RDDT's page on the SEC website