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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.