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An update from Reddit Inc Class A ( (RDDT) ) is now available.
On July 1, 2025, Reddit, Inc. amended and restated its Credit and Guarantee Agreement with JPMorgan Chase Bank, N.A., extending the maturity date of its revolving credit facility to July 1, 2030, and decreasing total commitments to $500 million. The agreement includes covenants that restrict certain financial activities and allows for the removal of guarantees and collateral upon achieving certain investment grade ratings, impacting Reddit’s financial flexibility and operational strategy.
The most recent analyst rating on (RDDT) stock is a Hold with a $190.00 price target. To see the full list of analyst forecasts on Reddit Inc Class A stock, see the RDDT Stock Forecast page.
Spark’s Take on RDDT Stock
According to Spark, TipRanks’ AI Analyst, RDDT is a Outperform.
Reddit Inc’s strong financial performance and positive earnings call are major contributors to its overall score. Despite technical indicators suggesting potential short-term volatility, the company’s robust growth trajectory and strategic initiatives provide a positive outlook.
To see Spark’s full report on RDDT stock, click here.
More about Reddit Inc Class A
Average Trading Volume: 8,762,976
Technical Sentiment Signal: Strong Buy
Current Market Cap: $28.09B
See more data about RDDT stock on TipRanks’ Stock Analysis page.