{"id":39379,"date":"2025-05-03T11:35:57","date_gmt":"2025-05-03T11:35:57","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/03\/reddit-is-attracting-ad-dollars-will-rddt-shares-rally-further-in-2025\/"},"modified":"2025-05-03T11:35:57","modified_gmt":"2025-05-03T11:35:57","slug":"reddit-is-attracting-ad-dollars-will-rddt-shares-rally-further-in-2025","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/03\/reddit-is-attracting-ad-dollars-will-rddt-shares-rally-further-in-2025\/","title":{"rendered":"Reddit is attracting ad dollars: will RDDT shares rally further in 2025?"},"content":{"rendered":"
<\/div>\n

Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth.<\/p>\n

Reddit shares have already rallied some 40% since early April, but an upbeat quarterly release the forum social media platform posted this week will sustain momentum moving forward, Anmuth says.<\/p>\n

In the first quarter, the NYSE-listed firm earned 13 cents on a per-share basis<\/a> (adjusted) \u2013 well above the 2 cents per share that experts had forecast.<\/p>\n

At $392 million, RDT\u2019s revenue also topped Street estimates by about $22 million in its fiscal Q1.<\/p>\n

Reddit shares have upside to $145 in 2025<\/h2>\n

JPMorgan recommends owning Reddit stock at current levels as the San Francisco-headquartered firm continues to grow its daily active users at an accelerated pace.<\/p>\n

DAUs were up another 31% in Q1, which brought sufficient confidence to Doug Anmuth in raising his price target on RDT shares to $145, since a fast-growing user base is attracting significant ad dollars to Reddit in 2025.<\/p>\n

\u201cReddit continues to execute well and capture share of advertiser budgets,\u201d he told clients in a research note this week.<\/p>\n

Note that Reddit shares are down some 45% versus their year-to-date high at the time of writing.<\/p>\n

RDT is well-positioned to grow its profit and revenue<\/h2>\n

According to the JPMorgan analyst, shares of the social media company could extend gains as its management continues to introduce new features like the AI-enabled Reddit Answers<\/a>.<\/p>\n

All in all, the San Francisco-based firm is strongly positioned to continue growing its profit and revenue, which may help unlock significant further upside in its share price in the months ahead.<\/p>\n

Note that Doug Anmuth\u2019s upwardly revised price target on RDT stock translates to about 20% upside from current levels.  <\/p>\n

However, the social news aggregation platform does not currently pay a dividend and is, therefore, not a suitable pick for income investors in 2025.<\/p>\n

Reddit issued upbeat guidance for its fiscal Q2<\/h2>\n

Investors could also take heart in the fact that Reddit, earlier this week, issued upbeat guidance for the current quarter at a time when tariffs and the related macro uncertainty are keeping others cautious at best.<\/p>\n

RDT expects its revenue to fall in the range of $410 million to $430 million in Q2, handily above the $396 million that analysts had called for.<\/p>\n

More importantly, the company\u2019s chief executive, Steve Huffman, said in his letter to shareholders that Reddit is well-positioned to weather the ongoing macro uncertainty<\/a>, adding, \u201cWe\u2019ve grown through challenging times before \u2013 people need connection and information just as much in uncertain times.\u201d<\/p>\n

Note that other Wall Street firms agree with JPM on RDT shares, given the consensus rating on Reddit stock currently sits at \u201coverweight\u201d.<\/p>\n

The post Reddit is attracting ad dollars: will RDDT shares rally further in 2025?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth. Reddit shares have already rallied some 40% since early April, but an upbeat quarterly release the forum social media platform posted this week will sustain momentum moving forward, Anmuth says. In <\/p>\n","protected":false},"author":1,"featured_media":39380,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-39379","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39379"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39380"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}