BuzzFeed, Inc. (BZFD)

NASDAQ: BZFD · IEX Real-Time Price · USD
0.438
+0.039 (9.82%)
Mar 28, 2024, 10:54 AM EDT - Market open
9.82%
Market Cap 60.76M
Revenue (ttm) 352.98M
Net Income (ttm) -183.00M
Shares Out 138.23M
EPS (ttm) -1.31
PE Ratio n/a
Forward PE 172.41
Dividend n/a
Ex-Dividend Date n/a
Volume 2,397,129
Open 0.398
Previous Close 0.399
Day's Range 0.392 - 0.450
52-Week Range 0.161 - 1.230
Beta 3.04
Analysts Strong Buy
Price Target 1.50 (+242.15%)
Earnings Date Mar 25, 2024

About BZFD

BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. It offers 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 ... [Read more]

Founded 2006
Employees 1,368
Stock Exchange NASDAQ
Ticker Symbol BZFD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for BZFD stock is "Strong Buy" and the 12-month stock price forecast is $1.5.

Price Target
$1.5
(242.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

The Independent and BuzzFeed Sign Long-Term License and Strategic Partnership in UK & Ireland

LONDON--(BUSINESS WIRE)--Independent Digital News and Media Ltd (“The Independent”) and BuzzFeed, Inc. (Nasdaq: BZFD) today announced they have entered into a multi-year license and strategic partners...

59 minutes ago - Business Wire

Buzzfeed ‘at an inflection point' after Q4 earnings

Buzzfeed Inc (NASDAQ: BZFD) says it remained in loss in its fourth financial quarter. Shares of the internet media company are slightly down in extended hours.

2 days ago - Invezz

BuzzFeed, Inc. Makes Strategic & Organizational Changes to Improve Profitability After Challenging Q4 and Full Year 2023

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc.'s (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) fourth quarter and full year (ended December 31, 2023) financial results were in line with its revised outlook ...

2 days ago - Business Wire

HuffPost parent Buzzfeed lays off 16% of its workforce, sells Complex

HuffPost parent company Buzzfeed said Wednesday that it is slashing 16% of its workforce — the latest in a wave of layoffs by financially-strapped media companies — and will sell music and culture-foc...

5 weeks ago - New York Post

BuzzFeed plans to lay off 16% of employees after selling Complex

Media group says it will be ‘more profitable, more nimble' after offloading Complex at a discount and implementing a restructure

5 weeks ago - The Guardian

BuzzFeed Sells Complex For $108 Million Cash Amid Restructuring, Layoffs

BuzzFeed is selling Complex to NTWRK for $108.6 million in cash plus $5.7 million for use of NYC office space, severance and other employee costs. It also announced a strategic restructuring including...

5 weeks ago - Deadline

BuzzFeed shares rocket higher, after sale of Complex and plans to cut staff by 16%

Shares of BuzzFeed Inc. BZFD, -8.50% were up more than 90% after hours on Wednesday after the media company said it had sold off the pop-culture site Complex and would lay off 16% of its remaining sta...

5 weeks ago - Market Watch

BuzzFeed, Inc. Announces Sale of Complex to NTWRK in All-Cash Deal

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. Announces Sale of Complex to NTWRK in All-Cash Deal.

5 weeks ago - Business Wire

The Independent in talks to take control of BuzzFeed, HuffPost in UK - FT

British media group The Independent is in talks to take control of BuzzFeed and Huffington Post's operations in the UK and Ireland, the Financial Times reported on Thursday.

5 weeks ago - Reuters

Vice's Refinery29 and BuzzFeed's Tasty Are Up for Sale as Digital Media Contracts

Latest sale discussions signal further struggles of once-hot digital media companies.

2 months ago - WSJ

BuzzFeed president Marcela Martin to resign

BuzzFeed's Marcela Martin has announced her intention to resign as president effective Jan. 12 to pursue other opportunities, the digital media firm said on Friday.

3 months ago - Reuters

BuzzFeed Studios And Acast Launch New Podcast, “I Know That's Right” Presented By HuffPost

NEW YORK--(BUSINESS WIRE)--BuzzFeed Studios And Acast Launch New Podcast, “I Know That's Right” Presented By HuffPost.

5 months ago - Business Wire

BuzzFeed, Inc. Announces Third Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the wor...

5 months ago - Business Wire

As WeWork implodes, Allbirds, Mullen Automotive, BuzzFeed could be next

WeWork (NASDAQ: WE) stock price plunged by more than 51% on Wednesday after reports said that the company was nearing bankruptcy. The shares have already plunged by over 90% this year, giving it a mar...

Other symbols: BIRDMULN
5 months ago - Invezz

BuzzFeed, Inc. Announces Chief Financial Officer Succession Plan

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) today announced that its Chief Financial Officer, (“CFO”) Felicia DellaFortuna, will be leaving the company befor...

5 months ago - Business Wire

5 tech companies that moved from unicorns to penny stocks

The last decade was a boom period for technology startups, with some analysts comparing it with the dot com bubble. Buoyed by low-interest rates, venture capital firms invested in thousands of compani...

Other symbols: BIRDOTLYREAL
5 months ago - Invezz

BuzzFeed stock: The sad transition from a unicorn to a penny stock

BuzzFeed (NASDAQ: BZFD) has had a dramatic collapse from a disruptor in the media space to a company on the verge of collapse. Its stock has crashed from an all-time high of $14.78 in December 2021 to...

6 months ago - Invezz

BuzzFeed Studios And Acast Launch New Podcast, “Am I Doing It Wrong?” Presented By HuffPost

NEW YORK--(BUSINESS WIRE)--BuzzFeed Studios And Acast Launch New Podcast, “Am I Doing It Wrong?” Presented By HuffPost.

6 months ago - Business Wire

BuzzFeed, Inc. Announces Second Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (“BuzzFeed” or the “Company”) (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the wor...

8 months ago - Business Wire

Report: BuzzFeed Looking to Sell Complex Networks Websites for $150 Million

BuzzFeed is reportedly looking to sell Complex Networks for 50 cents on the dollar. The digital media organization purchased the group of websites for $300 million two years ago and is now looking to ...

9 months ago - PYMNTS

BuzzFeed, Inc. to Release Second Quarter 2023 Financial Results on Tuesday, August 8, 2023

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (NASDAQ: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, will release...

9 months ago - Business Wire

Val Morgan Digital Sign Multi-Year Strategic Partnership to Represent BuzzFeed, Inc. in Australia & NZ

SYDNEY--(BUSINESS WIRE)--Val Morgan Digital now reaches 4.8 million Australians each month, after signing a strategic partnership that includes a multi-year content licensing partnership to represent ...

10 months ago - Business Wire

BuzzFeed is at risk of getting kicked off the Nasdaq because its stock has been performing so badly

BuzzFeed could get kicked off the Nasdaq because its stock price is so low. The digital media company has until November 27 to raise its price or face delisting.

10 months ago - Business Insider

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

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announ...

11 months ago - Business Wire

BuzzFeed's Tasty Introduces “Botatouille” The First-of-Its-Kind AI-powered Culinary Companion

NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD), a premier digital media company for the most diverse, most online, and most socially engaged generations the world has ever seen, today announ...

11 months ago - Business Wire