BuzzFeed, Inc. (BZFD)
| Market Cap | 95.50M |
| Revenue (ttm) | 230.28M |
| Net Income (ttm) | -88.31M |
| Shares Out | 35.24M |
| EPS (ttm) | -1.40 |
| PE Ratio | n/a |
| Forward PE | 172.41 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 300,994 |
| Open | 2.820 |
| Previous Close | 2.790 |
| Day's Range | 2.710 - 2.820 |
| 52-Week Range | 0.644 - 4.560 |
| Beta | 3.41 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Aug 6, 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
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."
Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way
Vivek Ramaswamy has issued a seven-page letter to BuzzFeed, urging the media company to add three more board seats and adapt its business model to survive amid a decimated market value.
Vivek Ramaswamy Buys Stake In BuzzFeed, Stock Price Jumps On News
Entrepreneur Vivek Ramaswamy has taken a 7.7% stake in BuzzFeed, according to a filing from the Securities and Exchange Commission (SEC). The former Republican presidential candidate's SEC filing reve...
Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake?
Wall Street has countless stories of investors acquiring stakes in companies for which they seem like very bad fits—Bill Gates investing in Waste Management, America's leading garbage company; Warren ...
4 totally unverified theories about Vivek Ramaswamy and BuzzFeed
Vivek Ramaswamy ran a failed campaign for the Republican presidential nomination. Now he owns 7.7% of BuzzFeed, the struggling digital media publisher.
Buzzfeed Shares Soar As Vivek Ramaswamy Becomes 4th-Largest Shareholder
Entrepreneur and possible Trump running mate Vivek Ramaswamy bought nearly 3 million shares of Buzzfeed in recent months, giving him a 7.7% stake in the struggling media company and making him the fou...
Vivek Ramaswamy takes 7.7% stake in Buzzfeed, sending shares soaring
The Former Republican presidential candidate said the stock is undervalued, and heis looking to speak with Buzzfeed's board and management.
Vivek Ramaswamy acquires 7.7% activist stake in BuzzFeed
The former Republican presidential candidate invested in the media company intending to ‘shift its strategy'
Vivek Ramaswamy bought a bunch of BuzzFeed stock, to spark a big rally
Shares of BuzzFeed Inc. soared on heavy volume Wednesday, after the Vivek Ramaswamy, a former presidential candidate, disclosed that he took a large equity stake in the digital news service.
Vivek Ramaswamy goes activist with Buzzfeed stake, seeks strategic 'shift'
GOP presidential hopeful Vivek Ramaswamy had a successful career as an entrepreneur and is now devoting some of his wealth to the struggling media outlet.
BuzzFeed CEO moves to majority stock based compensation amid AI push
A major part of BuzzFeed CEO Jonah Peretti's compensation will now be in stock options, the digital media firm said on Friday, amid efforts to boost the adoption of artificial intelligence to speed up...
BuzzFeed Inc., Bullish About Future of the Company, Redefines Compensation Model to Drive Value Creation
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) today announced its go-forward model for employee equity compensation and incentives. BuzzFeed founder and CEO Jonah Peretti is leading the way...
BuzzFeed, Inc. First Quarter 2024 Financial Results in Line With March Outlook
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc1.'s (Nasdaq: BZFD) reported first quarter (ended March 31, 2024) financial results in line with the company's outlook shared on March 25, 2024. “We closed the ...
BuzzFeed, Inc. Announces 1-For-4 Reverse Stock Split
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced that its Board of Directors and shareholders approved a 1-for-4 reverse stock split of the company's Class A common stock, par ...
BuzzFeed, Inc. to Release First Quarter 2024 Financial Results on Monday, May 13, 2024
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD) today announced plans to release first quarter 2024 financial results on Monday, May 13, 2024 after the market closes. BuzzFeed, Inc. Founder a...
From unicorns to near zero: RENT, Allbirds, Vroom, and BuzzFeed
Many companies that were once unicorns are struggling to survive as interest rates remain at an elevated level and as growth slows. Some former unicorns like WeWork, Hopin, Olive AI, and Convoy have a...
Up 86% in 2024, is BuzzFeed stock a good buy?
BuzzFeed (NASDAQ: BZFD) stock price is rising from the ashes. It has surged by more than 86% in 2023 and by over 190% from its lowest level in 2023.
Independent to take control of BuzzFeed and HuffPost in UK and Ireland
Media companies to combine publishing and advertising platforms to target gen Z and millennials
Britain's The Independent signs deal to take control of BuzzFeed UK
British media group The Independent will take control of BuzzFeed's editorial and commercial operations in the UK and Ireland in a multi-year licensing deal announced on Thursday.