What's Going On With Reddit Stock Tuesday?

Benzinga_recent_news04-08

Truist Securities analyst Youssef Squali reiterated a Buy rating on Reddit, lowering his price target to $260 from $275. Meanwhile, Wells Fargo analyst Alec Brondolo maintained an Equal-Weight rating ...

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Meanwhile, Wells Fargo analyst Alec Brondolo maintained an Equal-Weight rating ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51685728/whats-going-on-with-reddit-stock-tuesday-2\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What's Going On With Reddit Stock Tuesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat's Going On With Reddit Stock Tuesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-08 00:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/04/51685728/whats-going-on-with-reddit-stock-tuesday-2><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Truist Securities analyst Youssef Squali reiterated a Buy rating on Reddit, lowering his price target to $260 from $275. Meanwhile, Wells Fargo analyst Alec Brondolo maintained an Equal-Weight rating ...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/04/51685728/whats-going-on-with-reddit-stock-tuesday-2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RDYY","symbol_name":"YIELDMAX RDDT OPTION INCOME STRATEGY ETF","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/04/51685728/whats-going-on-with-reddit-stock-tuesday-2","article_id":"2625957854","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/07/3-22-2024--Pakistan--Reddit-Editorial-Ne.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/26/04/51685728/whats-going-on-with-reddit-stock-tuesday-2","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2625957854","pubTimestamp":1775579160,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Analysts back Reddit (RDDT) with Buy ratings but slash price targets. See the latest moves from Truist and Wells Fargo here.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RDYY":"YIELDMAX RDDT OPTION INCOME STRATEGY ETF","LU2360107168.USD":"BGF NEXT GENERATION TECHNOLOGY \"A4\" (USD) INC","BK4077":"互动媒体与服务","RDTL":"2倍做多RDDT ETF-GraniteShares","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4217":"自存仓储房地产信托","BK4547":"WSB热门概念","RDDT":"Reddit","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU2290526834.HKD":"BGF NEXT GENERATION TECHNOLOGY \"A2\" (HKDHDG) ACC"},"translate_title":"周二Reddit股票发生了什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDTL":0.6,"RDYY":0.6,"RDDT":1.97},"content_text":"Truist Securities analyst Youssef Squali reiterated a Buy rating on Reddit, lowering his price target to $260 from $275. Meanwhile, Wells Fargo analyst Alec Brondolo maintained an Equal-Weight rating and cut his target to $149 from $196.\nAt $138.50, Reddit is trading 2.8% above its 20-day simple moving average (SMA), the stock’s average price over the last 20 sessions, which suggests short-term stabilization after recent selling pressure. At the same time, it’s trading 24.9% below its 100-day SMA, which indicates the intermediate trend is still pointed down.\nThe moving average convergence divergence (MACD), a trend/momentum measure, is at -4.8022 versus a signal line of -6.3179, a bullish alignment that suggests downside momentum is easing even if the trend hasn’t fully repaired. The death cross in March (50-day SMA falling below the 200-day SMA) is still an overhead technical headwind, often consistent with rallies facing supply.\nOver the last 12 months, the stock is up 50.35%, which is backward-looking and shows the name has still delivered big swings despite the current drawdown. Within the 52-week range ($79.75 to $282.95), the stock is well off the highs, which suggests the market is still repricing expectations after last year’s peak.\nLooking further out, the next major catalyst for the stock arrives with the April 30, 2026 (estimated) earnings report.\nAnalyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $234.65. Recent analyst moves include:\nBelow is the Benzinga Edge scorecard for Reddit, highlighting its strengths and weaknesses compared to the broader market:\nThe Verdict: Reddit’s Benzinga Edge signal reveals a mixed profile with weak value and momentum scores, but strong growth potential. This indicates that while the stock may be overvalued, its growth metrics suggest future upside if managed effectively.\nSignificance: Because RDDT carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.\nRDDT Price Action: Reddit shares were up 1.06% at $139.81 at the time of publication on Tuesday, according to Benzinga Pro data.\nImage via Shutterstock\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2625957854","isCrawlerRequest":true}