--- title: "Weekly Recap | Reddit +2.14%, fastest monthly user growth fuels rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/298794868.md" description: "Reddit (RDDT) added 2.14% for the week, closing at $157.77 while the S&P 500 fell 0.8%—the stock outperformed the benchmark by roughly 2.94 percentage points. The week shaped up as a dip-and-rebound: the stock opened the four-session stretch around $155, slid to $144.80 on Wednesday, then rallied sharply on Thursday and Friday. Thursday alone gained about 6%, and by Friday the stock touched $159.50, near its intraweek high." datetime: "2026-09-12T06:46:46.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298794868.md) - [en](https://longbridge.com/en/news/298794868.md) - [zh-HK](https://longbridge.com/zh-HK/news/298794868.md) generator: "portal-rs" --- # Weekly Recap | Reddit +2.14%, fastest monthly user growth fuels rebound ## The Week Reddit (RDDT) added 2.14% for the week, closing at $157.77 while the S&P 500 fell 0.8%—the stock outperformed the benchmark by roughly 2.94 percentage points. The week shaped up as a dip-and-rebound: the stock opened the four-session stretch around $155, slid to $144.80 on Wednesday, then rallied sharply on Thursday and Friday. Thursday alone gained about 6%, and by Friday the stock touched $159.50, near its intraweek high. Trading volume expanded well above the recent norm—the week averaged 4.71m shares a day, about 13.5% above the 60-day median, suggesting strong attention around the name. Weekly amplitude was 9.48%. ## Key Events Two storylines drove the week. First, user growth: data released on 11 September showed Reddit recorded its fastest monthly user growth of 2026 in August, which helped send the stock up about 7% on Thursday. Second, index inclusion: multiple US market reports noted that Reddit recently joined the S&P 500, and the combination of user acceleration plus index membership made it one of the top gainers among communication-services names that session. Options activity mirrored the move—some call options jumped 333% intraday. Earlier in the week, commentary also pointed out that the stock was still down 38% year-to-date, a reminder of how volatile the name has been in 2026. ## Analyst Ratings Coverage totals 34 firms: 16 have a buy, 6 an overweight, 11 a hold, and 1 a sell. The consensus rating remains buy, with a consensus target of $213.10, about 35.1% above the latest close. The target range is wide—$130 to $300—so disagreement about fair value is still substantial. Reddit ranks 6th out of 61 companies in the internet content and information industry, placing it in the upper tier of the group. ## The Week Ahead Macro data dominates the coming week: the New York Fed manufacturing index lands on 15 September, followed on 16 September by retail sales prints, the NAHB housing market index, and EIA crude inventory figures. For Reddit, the question after August’s user-growth acceleration is whether the momentum holds. Index inclusion could also keep turnover elevated as passive and active managers adjust positions. Consumer and manufacturing data will shape the broader risk backdrop for growth-sensitive tech names. ## In Short Price action and news moved together this week: user acceleration and S&P 500 entry drove a 2.14% weekly gain and a near 3-point outperformance against the market. But the setup is still stretched in both directions: the consensus target sits more than a third above spot, while the wide range between $130 and $300 shows how differently brokers value the stock. At roughly 34.9x trailing earnings and 9.2x book, the valuation is not cheap for the sector. Latest-session flow also leaned negative on large-lot orders while smaller traders stayed more active—a split worth watching. The next test is whether user growth stays strong, how index-driven positioning settles, and whether macro consumer data supports the broader trade. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [RDDT.US](https://longbridge.com/en/quote/RDDT.US.md) - [RDTL.US](https://longbridge.com/en/quote/RDTL.US.md) - [RDYY.US](https://longbridge.com/en/quote/RDYY.US.md) ## Related News & Research - [What's Going On With Reddit Stock Today?](https://longbridge.com/en/news/298745508.md) - [HBO Max Reddit account compromised to serve ClickFix attacks](https://longbridge.com/en/news/298968737.md) - [Reddit Inc Stock (RDDT) Moved Up by 7.78% on Sep 2: A Full Analysis](https://longbridge.com/en/news/297814759.md) - [Reddit CEO Steve Huffman to speak at Goldman Sachs Communacopia + Technology Conference](https://longbridge.com/en/news/297656621.md) - [Reddit’s U.S. User Decline Raises a Bigger Question After Its Earnings Beat](https://longbridge.com/en/news/294851903.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**