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Reddit shares were up 1.06% at $139.81 at the time of publication on Tuesday.
Truist Securities and Wells Fargo both lowered their price targets for Reddit stock in April.
KEY POINTS
- Reddit is trading 24.9% below its 100-day simple moving average, indicating a downward intermediate trend.
- Reddit's next major earnings catalyst is expected on April 30, 2026, with EPS and revenue estimates raised.
- Benzinga Edge scores Reddit weak on value and momentum but strong on growth potential.
- Reddit's heavy ETF weighting means ETF inflows or outflows could trigger significant stock moves.
COMPANIES
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