BuzzFeed
BZFD

$2.41

0.41%

Market Cap: $91.1M

About: BuzzFeed Inc is a tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry- affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios.

Employees: 925

Communication Services Communications Services

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

69% more capital invested

Capital invested by funds: $10.5M [Q1] → $17.7M (+$7.27M) [Q2]

27% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 15

10% more funds holding

Funds holding: 41 [Q1] → 45 (+4) [Q2]

2.24% more ownership

Funds ownership: 16.01% [Q1] → 18.24% (+2.24%) [Q2]

7% less call options, than puts

Call options by funds: $1.36M | Put options by funds: $1.46M

87% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 23

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Research analyst outlook

We haven’t received any recent analyst ratings for BZFD.

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Financial journalist opinion

Based on 3 articles about BZFD published over the past 30 days

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 into three main categories—Creative Work, Data Analytics & Cybersecurity, and Automation & Robotics—with a fourth "Picks & Shovels" category for hardware providers like Nvidia. Understanding these categories helps clarify AI's business impact. Furthermore, analyzing Rule of 40 scores shows that few companies are truly excelling in monetizing AI.

Let's Talk About Investing In AI

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 thank you for standing by, and welcome to BuzzFeed, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

BuzzFeed, Inc. (BZFD) Q2 2024 Earnings Call Transcript

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 EBITDA2 ahead of the Company's outlook shared on May 13, 2024 and reiterated on July 3, 2024. Second quarter revenues were in line with the Company's outlook, with year-over-year growth in two of BuzzFeed, Inc.'s largest and highest-margin revenue streams - Programmatic Advertising and Affiliate Com.

BuzzFeed, Inc. Posts Strong Q2 Financial Results and Expects Continued Improvement in Q3

Business Insider

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 way CEO Jonah Peretti runs the company.

BuzzFeed keeps attracting investors who are upset with BuzzFeed

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 largest travel and experience publishers on the internet. This strategic acquisition will significantly bolster LOST iN's content library and expand its reach to millions of travelers worldwide. LOST iN launched last month with a mission to build a vibrant community of like-minded travelers. Founde.

Pulte Family Is Betting Big on BuzzFeed Stock. They Want to See Change, Too.

Vivek Ramaswamy's quest to continue remaking Buzzfeed (NASDAQ: BZFD ) has taken a new turn. Indeed, the billionaire and former Republican presidential candidate isn't the only conservative buying up shares of BZFD stock.

Pulte Family Is Betting Big on BuzzFeed Stock. They Want to See Change, Too.

Business Insider

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.

Vivek Ramaswamy told BuzzFeed to change. It hasn't.

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. Founder and CEO Jonah Peretti and CFO Matt Omer will host a conference call to discuss the results at 5:00 PM ET. The financial results conference call will be available via webcast at investors.buzzfeed.com under the heading News & Events. A replay of the call will be made available at the same URL.

BuzzFeed, Inc. to Release Second Quarter 2024 Financial Results on Monday, August 12, 2024

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 both the ongoing business turnaround and Vivek Ramaswamy's activist investment, the stock appears well poised for a significant surge in the second half of 2024. BuzzFeed warrants represent a compelling risk reward opportunity as the warrant tends to outperform its underlying stock in an up market due to higher beta and the accelerated delta effect.

BuzzFeed Warrants: Stars Aligned For An Asymmetric Upside

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, enabling debt reduction and a focus on core assets and high-margin revenue streams. BuzzFeed's Q1 2024 revenues include $21.4 million from advertising, $13.1 million from content, and $10.2 million from commerce and other segments.

BuzzFeed's Turnaround: Loyal Users, AI Content, And Debt Reduction From Complex Networks Sale

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