Investing.com -- KeyBanc Capital Markets initiated coverage of Reddit with an Overweight rating and a $225 price target in a note on Wednesday, casting the platform as a durable growth story with a unique tie to artificial intelligence. Analyst Justin Patterson said Reddit's investments in community and ad monetization should create "a durable >30% annual revenue growth business with a path to 50% EBITDA margin." KeyBanc projects a 35% revenue compound annual growth rate from 2025 to 2028, with EBITDA compounding at 48% annually. It models revenue of $3.24 billion, $4.30 billion and $5.46 billion across 2026 to 2028, running slightly ahead of consensus and more meaningfully above in 2028. Related articlesKeyBanc bullish on Reddit, sees a "durable compounder" in AI-linked growthNvidia's new Alpamayo project: What it means for Tesla?