BuzzFeed, Inc.

BuzzFeed, Inc. Stock Forecast & Price Prediction

Live BuzzFeed, Inc. Stock (BZFD) Price
$2.67

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.67

P/E Ratio

-1.03

Volume Traded Today

$1.9M

Dividend

Dividends not available for BZFD

52 Week High/low

4.56/0.64

BuzzFeed, Inc. Market Cap

$96.8M

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BZFD Summary

Based on ratings from 0 stock analysts, the BuzzFeed, Inc. stock price is expected to increase by 124.72% in 12 months. This is calculated by using the average 12-month stock price forecast for BuzzFeed, Inc.. The lowest target is $6 and the highest is $6. Please note analyst price targets are not guaranteed and could be missed completely.

BZFD Analyst Ratings

About 0 Wall Street analysts have assigned BZFD 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect BuzzFeed, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BZFD. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BZFD stock forecast by analyst

These are the latest 20 analyst ratings of BZFD.

Analyst/Firm

Rating

Price Target

Change

Date

Jason Kreyer
Craig-Hallum

Buy

$1.5

Maintains

May 12, 2023
John Blackledge
Cowen & Co.

Market Perform

$2

Downgrade

Nov 22, 2022
Brent Navon
B of A Securities

Underperform

$2

Downgrade

Aug 11, 2022

B of A Securities

Neutral


Initiates

Feb 4, 2022

Craig-Hallum

Buy


Initiates

Jan 12, 2022

Cowen & Co.

Outperform


Initiates

Jan 10, 2022

BZFD Company Information

  • Company Overview: BuzzFeed, Inc. is a digital media company founded in 2006 and headquartered in New York, New York.
  • Content Distribution: The company distributes content across both owned and operated platforms as well as third-party platforms.
  • Main Products and Services:
    • BuzzFeed: A source for entertainment, pop culture, and internet content, featuring articles, lists, quizzes, videos, and original series.
    • BuzzFeed News: A budget-friendly newsroom providing news coverage.
    • Tasty: A platform dedicated to food-related content.
    • HuffPost: A media platform covering news, politics, opinion, entertainment, features, and lifestyle.
  • Advertising Services: Offers display, programmatic, and video advertising on its owned and operated websites and applications.
BZFD
BuzzFeed, Inc. (BZFD)

When did it IPO

2021

Staff Count

925

Country

United States

Sector/Industry

Communication Services/Internet Content & Information

CEO

Mr. Jonah Peretti

Market Cap

$96.8M

BuzzFeed, Inc. (BZFD) Financial Data

In 2023, BZFD generated $252.7M in revenue, which was a decrease of -26.24% from the previous year. This can be seen as a signal that BZFD's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$321.3M

Revenue From 2021

$383.8M

19.44 %
From Previous Year

Revenue From 2022

$342.6M

-10.75 %
From Previous Year

Revenue From 2023

$252.7M

-26.24 %
From Previous Year
  • Revenue TTM $227.3M
  • Operating Margin TTM -9.0%
  • Gross profit TTM $110.3M
  • Return on assets TTM -2.3%
  • Return on equity TTM -40.9%
  • Profit Margin -29.9%
  • Book Value Per Share 1.80%
  • Market capitalisation $96.8M
  • Revenue for 2021 $383.8M
  • Revenue for 2022 $342.6M
  • Revenue for 2023 $252.7M
  • EPS this year (TTM) $-1.12

BuzzFeed, Inc. (BZFD) Latest News

News Image

Mon, 12 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - BuzzFeed, Inc. (NASDAQ:BZFD ) Q2 2024 Earnings Call Transcript August 12, 2024 5:00 PM ET Company Participants Amita Tomkoria - SVP of IR Jonah Peretti - CEO Matt Omer - CFO Operator Good day, and thank you for standing by, and welcome to BuzzFeed, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

News Image

Mon, 12 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved second quarter (ended June 30, 2024) net loss from continuing operations as compared to the prior-year period, and Adjusted EBITDA2 ahead of the Company's outlook shared on May 13, 2024 and reiterated on July 3, 2024. Second quarter revenues were in line with the Company's outlook, with year-over-year growth in two of BuzzFeed, Inc.'s largest and highest-margin revenue streams - Programmatic Advertising and Affiliate Com.

News Image

Mon, 29 Jul 2024

Sentiment - NEGATIVE

Source - Business Insider

Summary - BuzzFeed is a digital publisher that used to attract a lot of attention from people who thought it was the future of media. Now, it attracts people who think it is mismanaged and want to change the way CEO Jonah Peretti runs the company.

News Image

Tue, 23 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - LOS ANGELES--(BUSINESS WIRE)--LOST iN, the premier media brand built to inspire the next generation of travel enthusiasts, today announced the acquisition of BuzzFeed's Bring Me!, among the first and largest travel and experience publishers on the internet. This strategic acquisition will significantly bolster LOST iN's content library and expand its reach to millions of travelers worldwide. LOST iN launched last month with a mission to build a vibrant community of like-minded travelers. Founde.

News Image

Tue, 16 Jul 2024

Sentiment - POSITIVE

Source - InvestorPlace

Summary - Vivek Ramaswamy's quest to continue remaking Buzzfeed (NASDAQ: BZFD ) has taken a new turn. Indeed, the billionaire and former Republican presidential candidate isn't the only conservative buying up shares of BZFD stock.

News Image

Mon, 15 Jul 2024

Sentiment - NEUTRAL

Source - Business Insider

Summary - Former presidential candidate Vivek Ramaswamy has been buying shares of BuzzFeed. He says he wants to remake the publisher, starting with its board, and insisted on adding 3 new members by July 15.

...

BZFD Frequently asked questions

The highest forecasted price for BZFD is $6 from at .

The lowest forecasted price for BZFD is $6 from from

The BZFD analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.