Reddit stock (RDDT) has gained more than 16% in four sessions and is heading towards its best week since July 2025, ahead of the company’s quarterly report due on April 30. The rally follows a stretch of range-bound trading since Reddit’s early-February earnings. On Stocktwits, retail sentiment for RDDT climbed over the past week and was ‘extremely bullish’ early Friday, with message volume increasing by more than 130%. Analysts, on average, expect Reddit’s first-quarter revenue to rise 55% to $607.2 million, and adjusted profit to rise 68% to $1.11 per share. Currently, 20 out of 31 analysts recommend ‘Buy’ or higher for RDDT, 10 rate it ‘Hold’, and one rates it ‘Sell,’ with an average price appreciation of 40%. Truist said Reddit is the fastest-growing ad platform and the most heavily cited reference for ChatGPT and Gemini, reiterating a ‘Buy’ rating. However, Reddit's stock is still down 30% year-to-date.