NASDAQ:BZFD

BuzzFeed (BZFD) Stock Forecast, Price & News

$0.66

+0.01 (+1.55%)

(As of 06/9/2023 ET)

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Today's Range: $0.63
▼
$0.66
50-Day Range: $0.52
▼
$1.09
52-Week Range: $0.51
▼
$4.25

Volume: 521,334 shs
Average Volume: 1.06 million shs
Market Capitalization: $91.65 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.88

BuzzFeed MarketRank™ Forecast

Analyst Rating: Hold
1.67 Rating Score
Upside/Downside: 186.3% Upside
$1.88 Price Target
Short Interest: Bearish
11.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.44) to ($0.33) Per Share

Overall MarketRank^™

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

1.93 out of 5 stars

Consumer Discretionary Sector

226th out of 260 stocks

Communication Services, Not Elsewhere Classified Industry

9th out of 10 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 $1.88, BuzzFeed has a forecasted upside of 186.3% from its current price of $0.66.
Amount of Analyst Coverage
BuzzFeed has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
11.21% 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 2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in BuzzFeed has recently increased by 12.60%, indicating that investor sentiment is decreasing 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.

2.7

News and Social Media Coverage

News Sentiment
BuzzFeed has a news sentiment score of 1.87. 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 higher news sentiment than the 0.73 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for BuzzFeed this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for BZFD on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, BuzzFeed insiders have not sold or bought any company stock.
Percentage Held by Insiders
22.82% 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 ($0.44) to ($0.33) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of BuzzFeed is -0.48, 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 -0.48, 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 0.47. 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

May 26, 2023 | fool.com

BuzzFeed (NASDAQ: BZFD)

May 25, 2023 | finance.yahoo.com

Insiders Who Purchased US$540k Of BuzzFeed Stock May Not Have Expected 14% Tumble

June 10, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

May 24, 2023 | finance.yahoo.com

BuzzFeed Launches "Goodful" Storefront Powered by Verishop; Taps Exclusive Creator Network to Drive E-Commerce and Lifestyle Content

May 23, 2023 | finance.yahoo.com

BuzzFeed’s Tasty Introduces "Botatouille" The First-of-Its-Kind AI-powered Culinary Companion

May 13, 2023 | americanbankingnews.com

BuzzFeed (NASDAQ:BZFD) Given New $1.50 Price Target at Craig Hallum

May 12, 2023 | msn.com

Craig-Hallum Maintains BuzzFeed Inc - (BZFD) Buy Recommendation

May 12, 2023 | markets.businessinsider.com

Bank of America Securities Sticks to Their Sell Rating for BuzzFeed (BZFD)

June 10, 2023 | Behind the Markets (Ad)

[BREAKING] Pentagon to Spend Billions on "Living Missile"

Air Force Magazine calls it "transformational." The Wall Street Journal calls it one of the Pentagon's "highest priorities." National Defense Magazine reports "Eye-popping budget" for it. This small company won the first contract to build them!

May 11, 2023 | msn.com

Buzzfeed stock jumps 7% following forecast, AI blueprint announcement

May 11, 2023 | finance.yahoo.com

BuzzFeed, Inc. Hosts Investor Day, Outlines Strategic Vision for the Future of Digital Media

May 7, 2023 | americanbankingnews.com

BuzzFeed (BZFD) to Release Earnings on Tuesday

May 3, 2023 | finance.yahoo.com

BuzzFeed, Inc. to Participate in Upcoming Investor Conferences

April 18, 2023 | msn.com

Buzzfeed May Need $50 Million

April 14, 2023 | finance.yahoo.com

Retail investors account for 27% of BuzzFeed, Inc.'s (NASDAQ:BZFD) ownership, while private equity firms account for 24%

April 11, 2023 | finance.yahoo.com

BuzzFeed, Inc. to Release First Quarter 2023 Financial Results on Tuesday, May 9, 2023

March 13, 2023 | finance.yahoo.com

BuzzFeed, Inc. Announces Fourth Quarter and Full Year 2022 Financial Results

February 14, 2023 | finance.yahoo.com

BuzzFeed, Inc. to Release Fourth Quarter and Full Year 2022 Financial Results on Monday, March 13, 2023

February 9, 2023 | finance.yahoo.com

BuzzFeed, Inc. (NASDAQ:BZFD) Shares Could Be 50% Below Their Intrinsic Value Estimate

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

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

See More Headlines

BZFD Price History

30 days | 90 days | 365 days | Advanced Chart

BZFD Company Calendar

Last Earnings: 3/13/2023
Today: 6/10/2023
Next Earnings (Estimated): 8/08/2023
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: 1,368
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $1.88
High Stock Price Forecast: $2.00
Low Stock Price Forecast: $1.50
Forecasted Upside/Downside: +186.3%
Consensus Rating: Hold
Rating Score (0-4): 1.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-200,960,000.00
Net Margins: -46.59%
Pretax Margin: -46.38%
Return on Equity: -32.89%
Return on Assets: -14.18%

Debt

Debt-to-Equity Ratio: 0.96
Current Ratio: 1.44
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $436.67 million
Price / Sales: 0.21
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.39 per share
Price / Book: 0.47

Miscellaneous

Outstanding Shares: 139,930,000
Free Float: 107,994,000
Market Cap: $91.65 million
Optionable: Optionable
Beta: 3.26

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 research 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 research 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 brokers have issued twelve-month price objectives for BuzzFeed's stock. Their BZFD share price forecasts range from $1.50 to $2.00. On average, they anticipate the company's share price to reach $1.88 in the next twelve months. This suggests a possible upside of 186.3% 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 at the beginning of 2023. Since then, BZFD shares have decreased by 5.0% and is now trading at $0.6550.
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, August 8th 2023.
View our BZFD earnings forecast.
How were BuzzFeed's earnings last quarter?: BuzzFeed, Inc. (NASDAQ:BZFD) issued its quarterly earnings results on Monday, March, 13th. The company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.06. The business earned $134.62 million during the quarter. BuzzFeed had a negative net margin of 46.59% and a negative trailing twelve-month return on equity of 32.89%.
What guidance has BuzzFeed issued on next quarter's earnings?: BuzzFeed updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $76.00 million-$81.00 million, compared to the consensus revenue estimate of $84.67 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 variety of retail and institutional investors. Top institutional shareholders include GAM Holding AG (0.66%), Cubist Systematic Strategies LLC (0.48%), BlackRock Inc. (0.28%), HRT Financial LP (0.11%), Susquehanna International Group LLP (0.00%) and State Street Corp (0.09%). 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 $0.66.
How much money does BuzzFeed make?: BuzzFeed (NASDAQ:BZFD) has a market capitalization of $91.65 million and generates $436.67 million in revenue each year. The company earns $-200,960,000.00 in net income (profit) each year or ($1.37) on an earnings per share basis.
How many employees does BuzzFeed have?: The company employs 1,368 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 6/10/2023 by MarketBeat.com Staff

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