NASDAQ:BZFD

BuzzFeed - BZFD Stock Forecast, Price & News

$2.20

+0.06 (+2.80%)

(As of 02/6/2023 12:00 AM ET)

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Today's Range: $2.11
▼
$2.51
50-Day Range: $0.66
▼
$3.87
52-Week Range: $0.64
▼
$5.71

Volume: 27.25 million shs
Average Volume: 29.23 million shs
Market Capitalization: $298.01 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.00

Institutional Ownership

BuzzFeed MarketRank™ Forecast

Analyst Rating: Hold
1.67 Rating Score
Upside/Downside: 36.4% Upside
$3.00 Price Target
Short Interest: Healthy
2.32% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.04
Based on 6 Articles This Week
Insider Trading: Selling Shares
$17.95 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.73) to ($0.64) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.30 out of 5 stars

Consumer Discretionary Sector

99th out of 267 stocks

Communication Services, Not Elsewhere Classified Industry

3rd out of 8 stocks

2.8

Analyst's Opinion

Consensus Rating
BuzzFeed has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, BuzzFeed has a forecasted upside of 36.4% from its current price of $2.20.
Amount of Analyst Coverage
BuzzFeed has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.32% of the float of BuzzFeed has been sold short.
Short Interest Ratio / Days to Cover
BuzzFeed has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BuzzFeed has recently decreased by 12.57%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
BuzzFeed does not currently pay a dividend.
Dividend Growth
BuzzFeed does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BZFD.

2.2

News and Social Media Coverage

News Sentiment
BuzzFeed has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for BuzzFeed this week, compared to 1 article on an average week.
Search Interest
49 people have searched for BZFD on MarketBeat in the last 30 days. This is an increase of 1,125% compared to the previous 30 days.
MarketBeat Follows
10 people have added BuzzFeed to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BuzzFeed insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $17,950,890.00 in company stock.
Percentage Held by Insiders
23.71% of the stock of BuzzFeed is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 28.68% of the stock of BuzzFeed is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for BuzzFeed are expected to grow in the coming year, from ($0.73) to ($0.64) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BuzzFeed is -3.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of BuzzFeed is -3.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
BuzzFeed has a P/B Ratio of 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About BuzzFeed (NASDAQ:BZFD) Stock

BuzzFeed, Inc., a digital media company, provides breaking news, original reporting, entertainment, and videos across the social web to its global audience. It provides BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a newsroom for young audience; Tasty, a platform for shareable food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content; and Complex Networks that offers culture content of music, food, style, entertainment, and sports. The company also offers As/Is for style, BringMe for travel, Goodful for wellness, and Nifty for DIY. BuzzFeed, Inc. was founded in 2006 and is based in New York, New York.

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BZFD Stock News Headlines

February 4, 2023 | americanbankingnews.com

BuzzFeed, Inc. (NASDAQ:BZFD) Major Shareholder Sells $3,832,980.48 in Stock

February 3, 2023 | americanbankingnews.com

Corp Comcast Sells 1,977,877 Shares of BuzzFeed, Inc. (NASDAQ:BZFD) Stock

February 7, 2023 | Wall Street Watch Dogs (Ad)

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January 28, 2023 | americanbankingnews.com

Investors Purchase Large Volume of Call Options on BuzzFeed (NASDAQ:BZFD)

January 27, 2023 | reuters.com

Artificial intelligence out-buzzes the blockchain

January 27, 2023 | msn.com

Hot Stocks: BZFD surges again; LHX rises on earnings; KLAC drops on guidance; GT slumps

January 27, 2023 | markets.businessinsider.com

Why This BuzzFeed Analyst Remains Bearish After Stock Skyrockets On Meta Platforms, OpenAI Partnerships

January 27, 2023 | bloomberg.com

BuzzFeed and AI Are a Match Made in Fad City

February 7, 2023 | Investing Trends (Ad)

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January 26, 2023 | markets.businessinsider.com

Buzzfeed stock surges 200% on plans to use OpenAI to write stories

January 26, 2023 | msn.com

BuzzFeed stock more than doubles as it engages OpenAI to boost more content

January 26, 2023 | proactiveinvestors.com

Buzzfeed’s shares soar as $10M deal with Facebook owner Meta creates a buzz

January 26, 2023 | msn.com

Battered BuzzFeed shares rally after report of multi-million dollar Meta deal

January 26, 2023 | finance.yahoo.com

Meta Splurges On BuzzFeed To Tap Budding Content Creator Market

January 19, 2023 | nz.finance.yahoo.com

Shareholders in BuzzFeed (NASDAQ:BZFD) have lost 76%, as stock drops 14% this past week

December 27, 2022 | msn.com

BuzzFeed's Return on Invested Capital Insights

December 14, 2022 | msn.com

BuzzFeed Becomes a Penny Stock

December 8, 2022 | msn.com

Ditch Wordle? New York Times Staff Walkouts Call For Solidarity Amid Salary Fight

December 7, 2022 | seekingalpha.com

BuzzFeed gains 5% as it reaffirms guidance amid layoff plans

December 7, 2022 | benzinga.com

BuzzFeed, Inc. Reaffirms Fourth Quarter 2022 Financial Outlook for Revenue and Adjusted EBITDA Following Yesterday's Cost Restructuring Announcement

December 7, 2022 | finance.yahoo.com

BuzzFeed, Inc. Reaffirms Fourth Quarter 2022 Financial Outlook for Revenue and Adjusted EBITDA Following Yesterday’s Cost Restructuring Announcement

December 6, 2022 | msn.com

BuzzFeed to cut workforce by 12%

November 16, 2022 | finance.yahoo.com

BuzzFeed Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags

November 15, 2022 | seekingalpha.com

BuzzFeed, Inc. (BZFD) Q3 2022 Earnings Call Transcript

November 15, 2022 | finance.yahoo.com

BuzzFeed, Inc. Announces Third Quarter 2022 Financial Results

October 17, 2022 | finance.yahoo.com

Public companies own 22% of BuzzFeed, Inc. (NASDAQ:BZFD) shares but private equity firms control 24% of the company

October 11, 2022 | reuters.com

BZFD.OQ - Buzzfeed Inc | Stock Price & Latest News | Reuters

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BZFD Company Calendar

Last Earnings: 11/14/2022
Today: 2/07/2023
Next Earnings (Estimated): 3/28/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Communication services, not elsewhere classified
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:BZFD
CUSIP: N/A
CIK: 1828972
Web: www.890fifthavenue.com
Phone: 646-589-8592
Fax: N/A
Employees: 1,522
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.00
High Stock Price Forecast: $6.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +36.4%
Consensus Rating: Hold
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.69)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $24.71 million
Net Margins: -12.30%
Pretax Margin: -16.06%
Return on Equity: -13.88%
Return on Assets: -7.21%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 1.66
Quick Ratio: 1.66

Sales & Book Value

Annual Sales: $397.56 million
Price / Sales: 0.75
Cash Flow: $0.36 per share
Price / Cash Flow: 6.03
Book Value: $2.76 per share
Price / Book: 0.80

Miscellaneous

Outstanding Shares: 135,460,000
Free Float: 103,343,000
Market Cap: $298.01 million
Optionable: Optionable
Beta: 3.43

Key Executives

Mr. Jonah Peretti (Age 49)
Founder, Chairman & CEO
Comp: $588.93k

Ms. Felicia DellaFortuna (Age 39)
Chief Financial Officer
Comp: $523.04k

Ms. Marcela Martin (Age 51)
Pres

Mr. John S. Johnson III
Co-Founder

Mr. Christian Baesler (Age 33)
Chief Operating Officer

Mr. Peter Wang
Chief Technology Officer

Ms. Amita Tomkoria
Sr. VP of Investor Relations

Mr. David Arroyo
Sr. VP, Chief Legal Officer, Corp. Sec., Chief Compliance Officer & Head of Litigation

Ms. Carole Robinson (Age 61)
Chief Communications Officer

Ms. Chandler Bondan
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BZFD Stock - Frequently Asked Questions

Should I buy or sell BuzzFeed stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for BuzzFeed in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BZFD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BZFD, but not buy additional shares or sell existing shares.
View BZFD analyst ratings or view top-rated stocks.
What is BuzzFeed's stock price forecast for 2023?: 3 analysts have issued 1 year price objectives for BuzzFeed's stock. Their BZFD share price forecasts range from $2.00 to $6.00. On average, they predict the company's share price to reach $3.00 in the next year. This suggests a possible upside of 36.4% from the stock's current price.
View analysts price targets for BZFD or view top-rated stocks among Wall Street analysts.
How have BZFD shares performed in 2023?: BuzzFeed's stock was trading at $0.6896 on January 1st, 2023. Since then, BZFD stock has increased by 219.0% and is now trading at $2.20.
View the best growth stocks for 2023 here.
When is BuzzFeed's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 28th 2023.
View our BZFD earnings forecast.
How were BuzzFeed's earnings last quarter?: BuzzFeed, Inc. (NASDAQ:BZFD) posted its quarterly earnings results on Monday, November, 14th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.15) by $0.01. The company had revenue of $103.73 million for the quarter. BuzzFeed had a negative net margin of 12.30% and a negative trailing twelve-month return on equity of 13.88%.
What guidance has BuzzFeed issued on next quarter's earnings?: BuzzFeed updated its fourth quarter 2022 earnings guidance on Wednesday, December, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $129.00 million-$134.00 million, compared to the consensus revenue estimate of $131.25 million.

What is BuzzFeed's stock symbol?: BuzzFeed trades on the NASDAQ under the ticker symbol "BZFD."
Who are BuzzFeed's major shareholders?: BuzzFeed's stock is owned by a number of institutional and retail investors. Top institutional investors include Simplex Trading LLC (0.00%). Insiders that own company stock include Adam Rothstein, Corp Comcast and Gregory Coleman.
View institutional ownership trends.
How do I buy shares of BuzzFeed?: Shares of BZFD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is BuzzFeed's stock price today?: One share of BZFD stock can currently be purchased for approximately $2.20.
How much money does BuzzFeed make?: BuzzFeed (NASDAQ:BZFD) has a market capitalization of $298.01 million and generates $397.56 million in revenue each year. The company earns $24.71 million in net income (profit) each year or ($0.69) on an earnings per share basis.
How many employees does BuzzFeed have?: The company employs 1,522 workers across the globe.
How can I contact BuzzFeed?: BuzzFeed's mailing address is 14 ELM PLACE SUITE 206, RYE NY, 10580. The official website for the company is www.890fifthavenue.com. The company can be reached via phone at 646-589-8592 or via email at chris@890fifthavenue.com.

This page (NASDAQ:BZFD) was last updated on 2/7/2023 by MarketBeat.com Staff

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BuzzFeed - BZFD Stock Forecast, Price & News

BuzzFeed MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About BuzzFeed (NASDAQ:BZFD) Stock

BZFD Stock News Headlines

BZFD Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BZFD Stock - Frequently Asked Questions

Overall MarketRank^™