Reddit Inc (RDDT) CEO Highlights Platform's Role in AI Training as Investment Firms Raise Price Target Ahead of Q3 Earnings [Yahoo! Finance]
Reddit, Inc. Class A (RDDT)
Company Research
Source: Yahoo! Finance
2024 has been a big year for AI breakthroughs, and the momentum shows no signs of slowing down anytime soon. Generative AI has arguably been the biggest trend, with McKinsey estimating that it could add the equivalent of $2.6 trillion to $4.4 trillion in value across industries annually, based on 63 use cases they analyzed. Back in 2022, when OpenAI launched its free web app, ChatGPT, few could have predicted the scale of the AI revolution that would follow. Major tech giants have since followed suit, revealing their own chatbot-based assistants, AI-enabled phones, and much more. READ ALSO: 15 AI News Investors Should Not Miss and 20 Trending AI Stocks on Latest News and Ratings As AI continues to revolutionize industries and push technological boundaries to new heights, today's headlines reveal just how impactful these advancements can be. The question of the hour is, with all of these big AI breakthroughs, are regulators finally catching up with developers working on their next
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RDDT
News
- Reddit Partners with InMarket to Measure the Real-World Impact of Advertising Campaigns with Lift Conversion Index (LCI)PR Newswire
- Reddit, Inc. (NYSE: RDDT) had its price target raised by analysts at JMP Securities from $84.00 to $118.00. They now have a "market outperform" rating on the stock.MarketBeat
- Reddit, Inc. (NYSE: RDDT) had its price target raised by analysts at Citigroup Inc. from $70.00 to $120.00. They now have a "buy" rating on the stock.MarketBeat
- Reddit, Inc. (NYSE: RDDT) had its price target raised by analysts at Sanford C. Bernstein from $65.00 to $85.00. They now have an "underperform" rating on the stock.MarketBeat
- Reddit, Inc. (NYSE: RDDT) had its price target raised by analysts at Roth Mkm from $89.00 to $116.00. They now have a "buy" rating on the stock.MarketBeat
RDDT
Earnings
- 10/29/24 - Beat
RDDT
Sec Filings
- 11/15/24 - Form 144
- 11/15/24 - Form 144
- 11/14/24 - Form SC
- RDDT's page on the SEC website