BuzzFeed, Inc. (BZFD)

NASDAQ: BZFD · Real-Time Price · USD
3.570
-0.890 (-19.96%)
At close: Dec 12, 2024, 4:00 PM
3.700
+0.130 (3.64%)
After-hours: Dec 12, 2024, 7:49 PM EST
-19.96%
Market Cap 135.66M
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 2,949,415
Open 4.310
Previous Close 4.460
Day's Range 3.560 - 4.400
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]

Founded 2006
Employees 925
Stock Exchange NASDAQ
Ticker Symbol BZFD
Full Company Profile

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 Statements

News

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.

14 hours ago - WSJ

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...

14 hours ago - Reuters

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...

16 hours ago - Business Wire

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...

10 days ago - Seeking Alpha

BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript

BuzzFeed, Inc. (BZFD) Q3 2024 Earnings Call Transcript

4 weeks ago - Seeking Alpha

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...

4 weeks ago - Business Wire

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...

6 weeks ago - Invezz

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...

2 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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 ...

3 months ago - Seeking Alpha

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...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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...

4 months ago - Business Insider

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 ...

5 months ago - Business Wire

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.

5 months ago - Business Insider

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...

5 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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...

5 months ago - Seeking Alpha

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.

6 months ago - Fox Business

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...

7 months ago - Market Watch

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.

7 months ago - Business Insider

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.

7 months ago - New York Post

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...

7 months ago - Deadline

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

7 months ago - The Guardian

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."

7 months ago - Fox Business