Reported 1 day ago
Reddit, Inc. (NYSE:RDDT) reported a remarkable 78% year-over-year revenue growth in Q2 2025, reaching $500 million, driven by a 21% increase in Daily Active Users to 110.4 million. Following this success, top executives sold significant stock shares, and analysts raised the company's price targets, signaling strong confidence in its growth potential. Since its IPO in March 2024, Reddit has seen its stock value increase by over 473%. Despite the optimistic outlook for Reddit, some investors are advised to explore alternative AI stocks with higher upside potential.
Source: YAHOO