BuzzFeed, Inc. (BZFD)
| Market Cap | 110.58M |
| Revenue (ttm) | 231.67M |
| Net Income (ttm) | -52.15M |
| Shares Out | 38.00M |
| EPS (ttm) | -1.43 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 640,458 |
| Open | 2.910 |
| Previous Close | 3.000 |
| Day's Range | 2.880 - 3.140 |
| 52-Week Range | 0.644 - 5.680 |
| Beta | 3.66 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Nov 12, 2024 |
About BZFD
BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content. It also provides display, programmatic, and video advertising on its owned and operated sites a... [Read more]
Financial Performance
In 2023, BuzzFeed's revenue was $252.68 million, a decrease of -26.24% compared to the previous year's $342.55 million. Losses were -$88.58 million, -55.92% less than in 2022.
Financial StatementsNews
BuzzFeed Sells Brand Behind 'Hot Ones' Talk Show for $82.5 Million
BuzzFeed is selling First We Feast, the studio behind its popular YouTube talk show “Hot Ones,” for $82.5 million. The buyer is an affiliate of Soros Fund Management.
BuzzFeed sells 'Hot Ones' creator for $82.5 mln to group led by Soros-affiliate
BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube's popular talk show 'Hot Ones', to a group led by Soros Fund Management affiliate for $82.5 million, as the struggling media co...
BuzzFeed, Inc. Announces Sale of First We Feast to an Affiliate of Soros Fund Management in $82.5 Million All-Cash Deal
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) (the “Company”) today announced the closing of its sale of First We Feast to a consortium led by an affiliate of Soros Fund Management LLC in a...
BuzzFeed: This Rally Can Last Longer
BuzzFeed's stock surged over 300% in 2024, driven by AI integration in content creation and partnerships with major tech firms like Meta. Post-SPAC valuation and reduced operating expenses through cos...
BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript
BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript
BuzzFeed, Inc. Delivers Strong Q3 Financial Results
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) reported improved year-over-year profitability in the third quarter (ended September 30, 2024) generating net income from continuing operations...
BuzzFeed stock analysis: falling website traffic is a big risk
BuzzFeed (BZFD) stock price has erased some of the gains made earlier this year as concerns about the company continues. It initially surged to a high of $4.5 after Vivek Ramaswamy invested in it a fe...
BuzzFeed, Inc. to Release Third Quarter 2024 Financial Results on Tuesday, November 12, 2024
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release third quarter 2024 financial results on Tuesday, November 12, 2024 after the market closes. BuzzFeed, Inc. Fou...
BuzzFeed, Inc.: The Elephant In The Room Can Pirouette
BuzzFeed's Q3 FY 2024 guidance is the highest ever, showcasing a strong business turnaround with significant improvements in engagement and advertising revenues. The $120 million 8.5% convertible debt...
Let's Talk About Investing In AI
With AI now central to tech investing, the challenge is distinguishing companies leveraging AI from those "faking it". The Rule of 40 serves as a key metric, in my view. I see AI applications falling ...
BuzzFeed, Inc. (BZFD) Q2 2024 Earnings Call Transcript
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 tha...
BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3
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 E...
BuzzFeed keeps attracting investors who are upset with BuzzFeed
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 wa...
Premier Travel Media Brand LOST iN Acquires BuzzFeed's Travel Vertical Bring Me! to Accelerate Growth and Reach a Wider Audience of Travel Enthusiasts
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 ...
Vivek Ramaswamy told BuzzFeed to change. It hasn't.
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.
BuzzFeed, Inc. to Release Second Quarter 2024 Financial Results on Monday, August 12, 2024
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release second quarter 2024 financial results on Monday, August 12, 2024 after the market closes. BuzzFeed, Inc. Found...
BuzzFeed Warrants: Stars Aligned For An Asymmetric Upside
Despite a 170% rally year to date, BuzzFeed stock is still significantly undervalued trading at only 0.6x P/S, well below the sector average and its comparable peers. Given the strong tailwind from bo...
BuzzFeed's Turnaround: Loyal Users, AI Content, And Debt Reduction From Complex Networks Sale
BuzzFeed's strategic shift to direct traffic from platform-dependent distribution has deepened user engagement and increased market presence. The sale of Complex Networks has improved liquidity, enabl...
Vivek Ramaswamy meets with BuzzFeed CEO amid push for board seats
Former Republican presidential candidate Vivek Ramaswamy met with BuzzFeed CEO Jonah Perriti for an hour after sending a letter to the media company's board of directors urging change.
Vivek Ramaswamy calls on BuzzFeed to cut staff and hire ‘top talents' like Tucker Carlson
Vivek Ramaswamy has called on digital media firm, BuzzFeed, to cut staff, invest in its audio and video capabilities, and hire high-profile “content creators” like Candace Owens and Tucker Carlson, in...
Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.
Investor and former Republican presidential candidate Vivek Ramaswamy has laid out his plans for BuzzFeed. He envisions turning the company into a Twitter/X-style user-generated content company.
Vivek Ramaswamy demands BuzzFeed hire Bill Maher, Tucker Carlson, Charles Barkley and Aaron Rodgers
Jonah Peretti, the founder and CEO of BuzzFeed, has rebuffed most of Ramaswamy's asks, according to reports.
New BuzzFeed Investor Vivek Ramaswamy Asks For Big Changes & Apology
Vivek Ramaswamy, who disclosed a big stake in BuzzFeed last week, sent a letter to the online publisher's board of directors asking for major changes from staffing and focus to the board makeup as wel...
Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires
CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings' about the business
Vivek Ramaswamy targets BuzzFeed: Read his full letter here
BuzzFeed's board received a detailed letter from investor and shareholder Vivek Ramaswamy about the need for change at the media outlet, which he says has "lost its way."