RDDT target price of $40-50 for the 1st day

$Reddit(RDDT)$ I'm eyeing a target price of $40-50 for its first day of trading. Reddit's got some serious growth potential, which reflects my confidence in the company's future value

The fact that Reddit boasts a notably high profit margin, mainly because it's all about text-based interaction, sets it apart. This lower tech cost gives me good vibes about how it'll perform down the line

I'd describe Reddit as a real-deal AI company. Their investments in machine learning and data analytics are game-changers, boosting user experience and ad effectiveness. I reckon Reddit's ahead of the curve in this tech game, and that's gonna drive its continued growth

I'm banking on Reddit's huge potential in data licensing, possibly raking in tens of millions annually. That tells me Reddit's got a solid handle on being data-driven, and I'm expecting big things from their ability to turn user-generated content and data into substantial revenue

And don't forget RDDT is the future of crypto

Reddit is Sinking! Will You Short the Meme Stock?

Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday. ------------ Is Reddit with insider selloff and short-sellers' move? What's your target price for Reddit?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":286757179375824,"tweetId":"286757179375824","gmtCreate":1711015170751,"gmtModify":1711035968151,"author":{"id":9000000000000571,"idStr":"9000000000000571","authorId":9000000000000571,"authorIdStr":"9000000000000571","name":"zookie","avatar":"https://static.tigerbbs.com/a5910169214c6f20eeaaa4bc8906945a","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":60,"starInvestorFlag":false},"themes":[{"themeId":"7a9bed197d0340ecbdbb3000a530573c","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Reddit is Sinking! Will You Short the Meme Stock?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":7a9bed197d0340ecbdbb3000a530573c}&rnconfig={\"headerBarHidden\": true}","description":"Reddit CEO Steve Huffman and other top executives and board members late Wednesday disclosed share sales, just a week after the social network had in its initial public offering. RDDT stock plunged Thursday.\n------------\nIs Reddit with insider selloff and short-sellers' move?\nWhat's your target price for Reddit?","image":"https://community-static.tradeup.com/news/03aeb45c337ec81083007957d9b066a3"}],"images":[{"img":"https://community-static.tradeup.com/news/995770a8f3e5aee7665c1cc8256cd1e5","width":"524","height":"499"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/995770a8f3e5aee7665c1cc8256cd1e5","width":"524","height":"499"}],"title":"RDDT target price of $40-50 for the 1st day","html":"<html><head></head><body> <a data-mention-id=\"RDDT\" class=\"teditor-mention\" data-mention-name=\"Reddit\" href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$</a> <v-v data-views=\"1\"></v-v> I'm eyeing a target price of $40-50 for its first day of trading. Reddit's got some serious growth potential, which reflects my confidence in the company's future valueThe fact that Reddit boasts a notably high profit margin, mainly because it's all about text-based interaction, sets it apart. This lower tech cost gives me good vibes about how it'll perform down the lineI'd describe Reddit as a real-deal AI company. Their investments in machine learning and data analytics are game-changers, boosting user experience and ad effectiveness. I reckon Reddit's ahead of the curve in this tech game, and that's gonna drive its continued growthI'm banking on Reddit's huge potential in data licensing, possibly raking in tens of millions annually. That tells me Reddit's got a solid handle on being data-driven, and I'm expecting big things from their ability to turn user-generated content and data into substantial revenueAnd don't forget RDDT is the future of crypto<img src=\"https://community-static.tradeup.com/news/995770a8f3e5aee7665c1cc8256cd1e5\" tg-width=\"524\" tg-height=\"499\"></body></html>","htmlText":"<html><head></head><body> <a data-mention-id=\"RDDT\" class=\"teditor-mention\" data-mention-name=\"Reddit\" href=\"https://ttm.financial/S/RDDT\">$Reddit(RDDT)$</a> <v-v data-views=\"1\"></v-v> I'm eyeing a target price of $40-50 for its first day of trading. Reddit's got some serious growth potential, which reflects my confidence in the company's future valueThe fact that Reddit boasts a notably high profit margin, mainly because it's all about text-based interaction, sets it apart. This lower tech cost gives me good vibes about how it'll perform down the lineI'd describe Reddit as a real-deal AI company. Their investments in machine learning and data analytics are game-changers, boosting user experience and ad effectiveness. I reckon Reddit's ahead of the curve in this tech game, and that's gonna drive its continued growthI'm banking on Reddit's huge potential in data licensing, possibly raking in tens of millions annually. That tells me Reddit's got a solid handle on being data-driven, and I'm expecting big things from their ability to turn user-generated content and data into substantial revenueAnd don't forget RDDT is the future of crypto<img src=\"https://community-static.tradeup.com/news/995770a8f3e5aee7665c1cc8256cd1e5\" tg-width=\"524\" tg-height=\"499\"></body></html>","text":"$Reddit(RDDT)$ I'm eyeing a target price of $40-50 for its first day of trading. Reddit's got some serious growth potential, which reflects my confidence in the company's future value The fact that Reddit boasts a notably high profit margin, mainly because it's all about text-based interaction, sets it apart. This lower tech cost gives me good vibes about how it'll perform down the line I'd describe Reddit as a real-deal AI company. Their investments in machine learning and data analytics are game-changers, boosting user experience and ad effectiveness. I reckon Reddit's ahead of the curve in this tech game, and that's gonna drive its continued growth I'm banking on Reddit's huge potential in data licensing, possibly raking in tens of millions annually. That tells me Reddit's got a solid handle on being data-driven, and I'm expecting big things from their ability to turn user-generated content and data into substantial revenue And don't forget RDDT is the future of crypto","highlighted":1,"essential":1,"paper":2,"likeSize":10,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/286757179375824","repostId":0,"isVote":1,"tweetType":1,"viewCount":1445,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["RDDT"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":828,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/286757179375824"}