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Reddit shares fell close to 5% Monday to about $108, giving Wells Fargo’s target roughly 6% upside. The stock is down about a third for 2025.
Fintel reports that on May 19, 2025, Wells Fargo downgraded their outlook for Reddit (BMV:RDDT) from Overweight to Equal-Weight. Alliancebernstein holds 5,660K shares. In its prior filing, the ...
With regard to Reddit's user engagement, Wells Fargo believes that around 60% of it is monetizablethat is, excluding time spent on features incompatible with advertising. The company views Reddit ...
Fintel reports that on May 19, 2025, Wells Fargo downgraded their outlook for Reddit (BIT:1RDDT) from Overweight to Equal-Weight. As of May 6, 2025, the average one-year price target for Reddit is ...
Reddit's slowing user growth, AI search impacts from Google, and overvalued stock raise concerns for future ad revenue.
With Google more aggressively implementing AI features in search, Wells Fargo sees logged-out user declines for Reddit. The firm also expects Reddit’s stock to remain under pressure because of ...
Wells Fargo observed that while Reddit’s U.S., Canada, Australia, and New Zealand app daily active users and web traffic growth remain under pressure compared to levels seen before Q1 2025 ...
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Wall Street's biggest bull sees tech and AI driving an 11% stock gain, fueled by strong fundamentals, M&A activity, and ...
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