The firm named Reddit its top stock pick for 2026 in a research note Tuesday, reiterating a Buy rating and a $300 price target. The social media platform has sky-high revenue growth, and its endless trove of forums is a gold mine for artificial-intelligence developers, Needham argued.

Reddit RDDT has been named to another top pick list for 2026, with Needham analysts excited about the social media platform's advertising upside. Reddit stock was lower on Tuesday morning.

He’s was credited with cracking the mystery of who was behind the Dec. 13 shooting rampage at Brown University. Will he get the reward?

Global online forum Reddit has filed a court challenge to Australia’s world-first law that bans Australian children younger than 16 from holding accounts on the world’s most popular social media platforms.

Rap star A$AP Rocky has hit out at Reddit moderators for deleting his posts, as he has tried to market his new album.

Reddit is an excellent stock to ride this trend. Its conversation-driven platform is expected to continue capturing a growing share of the ad market, as demonstrated by its strong revenue growth. Its robust international expansion, where ad revenue grew 74% year over year last quarter, shows the platform gaining universal appeal.

Shares of Carvana (NYSE:CVNA) trade near $460 today, and amazing rally from just $309 a share on November 21st. Despite the run, retail investors across Reddit and X aren’t convinced. It’s not just Carvana either,

Shares of Reddit Inc (NASDAQ:RDDT) were last seen down 1.5% to trade at $229.76, despite Needham adding it to its "Conviction buy" list for 2026. The firm noted Reddit's fast-growing ad platform, boosted by its AI-powered advertising tools, as well as its authentic content. Notably, this is the third analyst to name RDDT a "top pick" this month.