---
title: "Mark Mahaney Reiterates Buy Rating on Reddit, Citing Continued Ad Strength and Profitability Upside"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294092673.md"
description: "Evercore ISI analyst Mark Mahaney reiterated a Buy rating on Reddit (RDDT) on July 23, citing strong ad market share gains, disciplined cost control, and improving advertising technology. He expects revenue and margins to exceed consensus, supported by healthy user growth and management's consistent track record of beating forecasts. Additionally, Wedbush maintained a Buy rating with a $250 price target."
datetime: "2026-07-28T16:15:30.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294092673.md)
  - [en](https://longbridge.com/en/news/294092673.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294092673.md)
generator: "portal-rs"
---

# Mark Mahaney Reiterates Buy Rating on Reddit, Citing Continued Ad Strength and Profitability Upside

Evercore ISI analyst Mark Mahaney has maintained their bullish stance on RDDT stock, giving a Buy rating on July 23.

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Mark Mahaney has given his Buy rating due to a combination of factors that suggest Reddit is positioned to outperform expectations in the near term. He believes the company is likely to deliver quarterly results that slightly exceed consensus on both revenue and margins, supported by ongoing gains in digital ad market share and disciplined cost control that expand profitability. 

He also points to continued improvements in Reddit’s advertising technology, broader adoption among enterprise and B2B advertisers, and healthy user growth as reinforcing the platform’s long-term monetization potential. In his view, management’s consistent record of beating both revenue and earnings forecasts over the past several quarters further supports confidence in Reddit’s ability to sustain strong operating momentum.

In another report released on July 23, Wedbush also maintained a Buy rating on the stock with a $250.00 price target.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**