Reddit Price Target Raised as Stock Added to Upside Catalyst Watch (RDDT)

Reddit's stock (NYSE:RDDT) has been boosted this morning, as Citi analyst Ronald Josey increased the firm's price target and added the stock to an upside catalyst watch, signaling potential for significant gains. The move follows positive channel checks and anticipation surrounding the company's Q3 earnings report.

Citi analyst Ronald Josey raised Reddit's price target from $220 to $250, maintaining a “Buy” rating on the stock.

This adjustment reflects confidence in Reddit's strategic initiatives, particularly the app and web redesigns aimed at enhancing user engagement and driving growth. The firm also initiated a 90-day “upside catalyst watch” on Reddit ahead of the company's Q3 earnings report, scheduled for October 30, 2025.

The anticipation surrounding Reddit's Q3 earnings report is growing, with the company set to release its financial results after market close on October 30, 2025, followed by a conference call to discuss the results. Investors are closely monitoring these developments for signs of continued growth and profitability.

The raised price target and upside catalyst watch suggest that the markets anticipate continued positive momentum for Reddit, driven by user growth, monetization efforts, and strategic product launches. The upcoming Q3 earnings report will be closely scrutinized for confirmation of these trends.