Long Bullish Idea — Reddit $RDDT (4H Chart)Alright, here’s the play.
Reddit’s been bleeding inside this falling channel for months. But here’s where it gets interesting.
→ IF price holds this buy zone around $100 - $95...
→ THEN I’m expecting a breakout towards $135 as first target. That’s about +34%.
Strong bounce here, plus a clean brea
Next report date
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−3.02 USD
−484.28 M USD
1.30 B USD
110.30 M
About Reddit
Sector
Industry
CEO
Steven Ladd Huffman
Website
Headquarters
San Francisco
FIGI
BBG005K1D4S0
Reddit is an American social network with news aggregation, content rating, and forum activity. Founded in 2005 by Steve Huffman and Alexis Ohanian, it is operated by Reddit Inc. Headquartered in San Francisco, Reddit has grown to become one of the most influential online platforms, facilitating discussions on a wide range of topics through its network of communities, known as "subreddits." As of February 2024, Reddit features over 16 billion posts and comments created by millions of daily active users. Reddit generates revenue primarily through the sale of advertising space on its platform and optional premium membership plans.
Reddit DeathcrossThe market is selling of and we are witnessing a brutal drop on Reddit, arguably the best recent IPO. I fully expect the downtrend to continue. I did warn traders and investors that we will have a large drop in tech, particularly in names like Monday, Tesla. Smart money was positioning in safer name
RDDT – Growth, Margins, Cash Flow, and Low Cost.Let’s look at the financial metrics sequentially:
- Revenue grew 73% YoY, reaching $427M last quarter.
- Next quarter, the company forecasts revenue of just $370M, but this is due to annual seasonality, which was particularly noticeable two years ago when revenue dropped from $200M to $163M.
Not Out of the Woods Yet: RDDT’s Critical Test at 83.6RDDT looks like it's in the late stages of a bearish cycle, but hasn’t confirmed a reversal yet. Here’s what stands out:
✅ Bearish pattern targets completed: This suggests that the technical downside has largely played out, and we might be near exhaustion.
📉 -65% from February highs: That’s a deep
RDDT at a Turning Point: 104 Holds the KeyRDDT has declined over 50% from its peak and recently dipped briefly below the key level of 104.
If the stock stabilizes between 105 and 113, it could signal a potential shift from bearish to bullish momentum. As long as RDDT maintains support at 104, there remains the possibility of a new upward tr
RDDT Bearish Breakdown – Targeting Gap Fill $80 Loving this sell off on RDDT -
RDDT (Reddit, Inc.) has experienced a steep decline after a strong rally, and is currently trading around $110.44. The chart highlights a significant gap zone between approximately $85 and $105, suggesting a potential gap-fill.
SOLO Price Prediction: The analysis p
Reddit (RDDT) Bullish Opportunity – Oversold Bounce + Long-Term Reddit (RDDT) has plunged 54.40% in under 40 days, with the price now testing key technical levels. While the broader market is red today, this setup might offer a unique entry opportunity — whether to lower your average or build a long-term position.
Technicals are signaling early signs of reversa
Reddit Has Pulled BackReddit hit a record high early last month. Will some traders see an opportunity in the current pullback?
The first pattern on today’s chart is the bullish gap on October 30 after earnings beat estimates. RDDT approached the low of that session on March 10 and again last week. It bounced both times.
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RDDT is 98.26 USD — it has decreased by −1.43% in the past 24 hours. Watch Reddit stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Reddit stocks are traded under the ticker RDDT.
RDDT stock has risen by 23.07% compared to the previous week, the month change is a −21.19% fall, over the last year Reddit has showed a 126.04% increase.
We've gathered analysts' opinions on Reddit future price: according to them, RDDT price has a max estimate of 244.00 USD and a min estimate of 75.00 USD. Watch RDDT chart and read a more detailed Reddit stock forecast: see what analysts think of Reddit and suggest that you do with its stocks.
RDDT reached its all-time high on Feb 10, 2025 with the price of 230.41 USD, and its all-time low was 37.35 USD and was reached on Apr 18, 2024. View more price dynamics on RDDT chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RDDT stock is 9.23% volatile and has beta coefficient of 2.47. Track Reddit stock price on the chart and check out the list of the most volatile stocks — is Reddit there?
Today Reddit has the market capitalization of 17.78 B, it has decreased by −15.49% over the last week.
Yes, you can track Reddit financials in yearly and quarterly reports right on TradingView.
Reddit is going to release the next earnings report on May 1, 2025. Keep track of upcoming events with our Earnings Calendar.
RDDT earnings for the last quarter are 0.36 USD per share, whereas the estimation was 0.25 USD resulting in a 42.96% surprise. The estimated earnings for the next quarter are 0.02 USD per share. See more details about Reddit earnings.
Reddit revenue for the last quarter amounts to 427.70 M USD, despite the estimated figure of 405.82 M USD. In the next quarter, revenue is expected to reach 369.81 M USD.
RDDT net income for the last quarter is 71.04 M USD, while the quarter before that showed 29.85 M USD of net income which accounts for 137.95% change. Track more Reddit financial stats to get the full picture.
No, RDDT doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 15, 2025, the company has 2.23 K employees. See our rating of the largest employees — is Reddit on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Reddit EBITDA is −544.92 M USD, and current EBITDA margin is −41.91%. See more stats in Reddit financial statements.
Like other stocks, RDDT shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Reddit stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Reddit technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Reddit stock shows the strong sell signal. See more of Reddit technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.