Explore the latest developments concerning Why Reddit (RDDT).
Why Reddit (RDDT) Stock Is Up Today
Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 3.8% in the afternoon session after bullish analyst commentary highlighted the company's strong growth and favorable position in the artificial intelligence sector.
Several investment firms, including Piper Sandler, Needham & Co, and Jefferies, recently reiterated their "Buy" or equivalent ratings. The Jefferies team set a particularly high price target of $325, implying significant potential upside. Analysts pointed to a shift in how internet discovery was evolving, with users turning more to AI-generated answers. Reddit's content was frequently cited in these responses, making its data highly valuable. This created a potential new revenue opportunity through data licensing agreements that may not have been fully priced into the stock.
IBD Stock Of The Day: How Reddit's AI Strategy Is Making It A Popular 2026 Pick On Wall Street
Reddit Reddit RDDT $ 235.50 $0.85 0.36% 23% IBD Stock Analysis Stock rising from support at the 21-day RDDT just below 246.15 buy point Composite Rating 94/99 Industry Group Ranking 17/197 Emerging Pattern Cup with Handle Cup with Handle A positive chart pattern named such because it resembles the outline of a coffee cup with a handle. The pattern can…
1/02/2026
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AI Data Sources in 2025: The future of information acquisition raises eyebrows
In 2025, AI apps like Google Gemini and ChatGPT primarily source information from Reddit (40.1%), Wikipedia (26.3%), YouTube (23.5%), and Google (23.3%), with Reddit leading as the top source due to its vast archive of human conversations. Picture: Freepik
More and more people are using AI apps like Google Gemini and ChatGPT instead of a traditional ‘Google search’, and it’s quite interesting to see just where all the customised answers are found.
Of course, users can conduct a far wider search by using AI apps as they will reference all the sources available on the internet.
It may come as a surprise that Reddit is at the top of the list of sources used by AI apps in 2025. Reddit is a massive archive of real human conversations and therefore was used as the biggest source of information by AI this year with 40.1% of searches using the app according to Statista.
For more detailed information, explore updates concerning Why Reddit (RDDT).