Tanger's 15-minute chart shows KDJ Golden Cross, Bullish Marubozu pattern.
ByAinvest
Friday, Sep 26, 2025 2:02 pm ET2min read
RDDT--
Reddit's user base has been expanding globally, with daily active users rising by 21% to 110.4 million and weekly actives increasing to 416 million [1]. Analysts are optimistic about Reddit's future, expecting annual revenue to reach $2 billion this year, up by 58% from 2024, and $2.8 billion in 2026. The earnings per share is projected to rise from 16 cents in Q3’24 to 51 cents in the same period this year, and further to $1.88 this year and $3.23 in 2026 [1].
Technical indicators also suggest a bullish trend for RDDT. According to a recent analysis, the KDJ Golden Cross was triggered on September 26, 2025, at 14:00, indicating a shift in the stock's momentum in a positive direction . Additionally, the presence of a Bullish Marubozu candlestick pattern reinforces this bullish sentiment, signaling that buyers are in control of the market and that the upward momentum is likely to persist .
Wall Street analysts have maintained a bullish view on Reddit, with Jefferies analysts boosting their outlook to $300, up from the current $237, citing the company's growing market share in the advertising industry and potential for a big renewal in its licensing agreement in 2027 [1]. Argus analysts also noted the stock's strong technicals, pointing to a bullish pattern of higher highs and higher lows since the March market and technology sector selloff [1].
Despite a recent retreat in the stock price, which has moved from a high of $282 to the current $237, the stock has retested a crucial support level, indicating a potential bullish continuation trend [1]. Therefore, investors may expect the RDDT stock price to resume its upward trajectory and potentially surpass $300 in the coming weeks.
SKT--
According to Tanger's 15-minute chart, a bullish indicator, the KDJ Golden Cross, was triggered on September 26, 2025 at 14:00. This suggests that the momentum of the stock price is shifting in a positive direction and has the potential to continue increasing. Furthermore, the presence of a Bullish Marubozu candlestick pattern reinforces this bullish sentiment, indicating that buyers are in control of the market and that the upward momentum is likely to persist.
The Reddit stock price (RDDT) has shown remarkable resilience and growth in recent months, with a significant bull run that saw it jump by nearly 200% from its lowest level this year, reaching a market capitalization of over $44 billion [1]. This performance is driven by robust revenue and profitability growth, as evidenced by a 78% increase in revenue in the second quarter to $500 million, with the advertising business contributing an 84% rise to $465 million [1]. The company's gross margin also improved to 90.8%, and net income jumped to $89 million, up from a $10 million loss in the same period last year [1].Reddit's user base has been expanding globally, with daily active users rising by 21% to 110.4 million and weekly actives increasing to 416 million [1]. Analysts are optimistic about Reddit's future, expecting annual revenue to reach $2 billion this year, up by 58% from 2024, and $2.8 billion in 2026. The earnings per share is projected to rise from 16 cents in Q3’24 to 51 cents in the same period this year, and further to $1.88 this year and $3.23 in 2026 [1].
Technical indicators also suggest a bullish trend for RDDT. According to a recent analysis, the KDJ Golden Cross was triggered on September 26, 2025, at 14:00, indicating a shift in the stock's momentum in a positive direction . Additionally, the presence of a Bullish Marubozu candlestick pattern reinforces this bullish sentiment, signaling that buyers are in control of the market and that the upward momentum is likely to persist .
Wall Street analysts have maintained a bullish view on Reddit, with Jefferies analysts boosting their outlook to $300, up from the current $237, citing the company's growing market share in the advertising industry and potential for a big renewal in its licensing agreement in 2027 [1]. Argus analysts also noted the stock's strong technicals, pointing to a bullish pattern of higher highs and higher lows since the March market and technology sector selloff [1].
Despite a recent retreat in the stock price, which has moved from a high of $282 to the current $237, the stock has retested a crucial support level, indicating a potential bullish continuation trend [1]. Therefore, investors may expect the RDDT stock price to resume its upward trajectory and potentially surpass $300 in the coming weeks.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet