Reddit, Inc. (NYSE:RDDT) is one of them The best Wallstreetbets stock investment. On September 18, Andrew Boone, a citizen JMP analyst, raised the company's stock price target from $225 to $300 while maintaining a “outperform” rating fly. According to analysts, the company believes Reddit, Inc. (NYSE:RDDT) has a variety of catalysts by 2026, such as feed redesign, integration of search answers, and ongoing monetization progress. It is worth noting that the company believes that front-line results can continue to outperform estimates.
Citizen JMP proposes PT on Reddit (RDDT) stock
In Q2 2025, Reddit, Inc. (NYSE:RDDT) revenue grew 78% to $500 million, the fastest quarterly growth since 2022. This is mainly helped by product improvements and increased marketing activities. Reddit, Inc. (NYSE: RDDT)'s advertising business grew 84% year-on-year in the second quarter of 2025, hitting $465 million. Throughout the business, based on a broad range of strength contributes to growth, with much of its growth stemming from existing advertisers deepening investments and retaining their spending.
Investment management company Maple Tree Capital released its second quarter 2025 investor letter. This is what the fund said:
“Reddit, Inc. (NYSE: RDDT) is the latest and smallest location for Heartwood. We expect that as the scale of the story is very closely similar to what we see in Grindr in Jonagold Portfolio, this will increase in the next few years and years. Reddit has incredibly unique and structured user-generated data that will be very valuable in the AI era. Additionally, their user base spends a lot of time on the app. If you have users, it's much easier to make users profitable! Reddit has spent decades buying a user base and is on the start of their monetization journey. More people visit Reddit every day than Netflix. Their balance sheet is clean, but the compensation and dilution based on stocks is large. We have written more about Reddit here and expect to share more on our paper soon. ”
Although we acknowledge the potential of RDDT as an investment, we believe that certain AI stocks have greater upside potential and smaller downside risks. If you are looking for an undervalued AI stock that will also benefit greatly from the Trump era tariffs and open trends, see our related free reports Best Short-term AI Stocks.
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Disclosure: None. This article was originally published in Internal monkey.