BuzzFeed, Inc. (BZFD)
NASDAQ: BZFD · IEX Real-Time Price · USD
0.390
+0.004 (0.93%)
Apr 19, 2024, 4:00 PM EDT - Market closed
BuzzFeed Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for BuzzFeed stock has a target of 1.50, which predicts an increase of 284.62% from the current stock price of 0.39.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 12, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for BuzzFeed is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $2 → $1.5 | Strong Buy | Maintains | $2 → $1.5 | +284.62% | May 12, 2023 |
| Cowen & Co. | Cowen & Co. | Buy → Hold Downgrades $3 → $2 | Buy → Hold | Downgrades | $3 → $2 | +412.82% | Nov 22, 2022 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $4.5 → $2 | Hold → Sell | Downgrades | $4.5 → $2 | +412.82% | Aug 11, 2022 |
| B of A Securities | B of A Securities | Hold Initiates $5 | Hold | Initiates | $5 | +1,182.05% | Feb 4, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates $7.5 | Strong Buy | Initiates | $7.5 | +1,823.08% | Jan 12, 2022 |
Financial Forecast
Revenue This Year
343.54M
from 252.68M
Increased by 35.96%
Revenue Next Year
360.06M
from 343.54M
Increased by 4.81%
EPS This Year
-0.20
from -0.42
EPS Next Year
-0.09
from -0.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 353.6M | 370.7M | 387.4M | 403.5M | 418.2M |
| Avg | 343.5M | 360.1M | 376.3M | 392.0M | 406.3M |
| Low | 330.1M | 345.9M | 361.5M | 376.6M | 390.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 40.0% | 7.9% | 7.6% | 7.2% | 6.7% |
| Avg | 36.0% | 4.8% | 4.5% | 4.2% | 3.6% |
| Low | 30.6% | 0.7% | 0.4% | 0.1% | -0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.21 | -0.09 | -0.03 | 0.09 | 0.12 |
| Avg | -0.20 | -0.09 | -0.03 | 0.09 | 0.11 |
| Low | -0.20 | -0.09 | -0.03 | 0.09 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | - | 25.8% |
| Avg | - | - | - | - | 22.2% |
| Low | - | - | - | - | 17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.