BuzzFeed (BZFD)


Market Price (8/31/2026): $1.23 | Market Cap: $67.8 MilSector: Communication Services | Industry: Interactive Media & Services

BuzzFeed (BZFD)


Market Price (8/31/2026): $1.23
Market Cap: $67.8 Mil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy, Digital Content & Streaming, and Digital Advertising. Themes include Creator Economy Monetization, Show more.

Weak multi-year price returns
2Y Excs Rtn is -92%, 3Y Excs Rtn is -103%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -14%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -22%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -9.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -17%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 216%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -94%

High stock price volatility
Vol 12M is 122%

Key risks
BZFD key risks include [1] precarious financial stability, Show more.

0 Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy, Digital Content & Streaming, and Digital Advertising. Themes include Creator Economy Monetization, Show more.
1 Weak multi-year price returns
2Y Excs Rtn is -92%, 3Y Excs Rtn is -103%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -24 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -14%
3 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -12%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -11%, Rev Chg QQuarterly Revenue Change % is -22%
4 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -9.0%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -17%
5 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 216%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -94%
7 High stock price volatility
Vol 12M is 122%
8 Key risks
BZFD key risks include [1] precarious financial stability, Show more.

BZFD in ETFs

Weight = BZFD's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/28/2026

BuzzFeed (BZFD) stock has gained about 65% since 4/30/2026 because of the following key factors:

1. Byron Allen's Majority Investment and New Strategic Direction. On May 27, 2026, Allen Family Digital, an affiliate of Byron Allen's family office, completed its acquisition of approximately 51% of BuzzFeed's outstanding shares at a price of $3.00 per share, representing a total transaction value of $120 million. This transaction saw Byron Allen assume the role of Chairman and CEO, with a stated vision to transform BuzzFeed into a "best-in-class free streaming service and a super app," leveraging his existing media network and expanding advertising monetization through a sales representation agreement with Allen Media Group. This infusion of capital, new leadership, and a clear strategic pivot from traditional publishing to an AI-powered, platform-based content ecosystem instilled investor confidence.

2. Aggressive Cost Reduction and Streamlining Operations. In July 2026, BuzzFeed's Board of Directors approved a significant cost-reduction initiative involving an approximately 35% reduction in its workforce across various geographies and functions. This restructuring is projected to generate substantial annualized cost savings of approximately $29.0 million to $32.0 million, beginning primarily in fiscal Q3 2026. This decisive move to streamline the organizational structure and lower operating expenses signaled a strong commitment to achieving profitability and positive cash flow, directly addressing the company's previously highlighted unsustainable cost structure.

Show more
Updated on 8/28/2026

BuzzFeed (BZFD) stock has gained about 65% since 4/30/2026 because of the following key factors:

1. Byron Allen's Majority Investment and New Strategic Direction. On May 27, 2026, Allen Family Digital, an affiliate of Byron Allen's family office, completed its acquisition of approximately 51% of BuzzFeed's outstanding shares at a price of $3.00 per share, representing a total transaction value of $120 million. This transaction saw Byron Allen assume the role of Chairman and CEO, with a stated vision to transform BuzzFeed into a "best-in-class free streaming service and a super app," leveraging his existing media network and expanding advertising monetization through a sales representation agreement with Allen Media Group. This infusion of capital, new leadership, and a clear strategic pivot from traditional publishing to an AI-powered, platform-based content ecosystem instilled investor confidence.

2. Aggressive Cost Reduction and Streamlining Operations. In July 2026, BuzzFeed's Board of Directors approved a significant cost-reduction initiative involving an approximately 35% reduction in its workforce across various geographies and functions. This restructuring is projected to generate substantial annualized cost savings of approximately $29.0 million to $32.0 million, beginning primarily in fiscal Q3 2026. This decisive move to streamline the organizational structure and lower operating expenses signaled a strong commitment to achieving profitability and positive cash flow, directly addressing the company's previously highlighted unsustainable cost structure.

3. Material Strengthening of the Balance Sheet through Debt Reduction. As part of the strategic changes and utilizing proceeds from the Byron Allen investment, BuzzFeed paid down $20 million of its term loan. This reduced the principal balance to $25 million and the net debt to approximately $5 million as of June 30, 2026. This significant debt reduction is expected to save the company over $2 million in annual interest expense and materially improved BuzzFeed's financial flexibility, providing a more stable foundation for future growth initiatives despite a reported net loss of $11.8 million in fiscal Q2 2026.

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Stock Movement Drivers

Fundamental Drivers

The 65.9% change in BZFD stock from 4/30/2026 to 8/30/2026 was primarily driven by a 165.3% change in the company's P/S Multiple.
(LTM values as of)43020268302026Change
Stock Price ($)0.751.2465.9%
Change Contribution By: 
Total Revenues ($ Mil)185171-7.9%
P/S Multiple0.20.4165.3%
Shares Outstanding (Mil)3755-32.1%
Cumulative Contribution65.9%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/30/2026
ReturnCorrelation
BZFD65.9% 
Market (SPY)7.1%6.2%
Sector (XLC)-3.0%19.7%

Fundamental Drivers

The 40.8% change in BZFD stock from 1/31/2026 to 8/30/2026 was primarily driven by a 125.9% change in the company's P/S Multiple.
(LTM values as of)13120268302026Change
Stock Price ($)0.881.2440.8%
Change Contribution By: 
Total Revenues ($ Mil)185171-7.7%
P/S Multiple0.20.4125.9%
Shares Outstanding (Mil)3755-32.5%
Cumulative Contribution40.8%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/30/2026
ReturnCorrelation
BZFD40.8% 
Market (SPY)11.5%14.8%
Sector (XLC)-5.6%21.7%

Fundamental Drivers

The -42.9% change in BZFD stock from 7/31/2025 to 8/30/2026 was primarily driven by a -29.8% change in the company's Shares Outstanding (Mil).
(LTM values as of)73120258302026Change
Stock Price ($)2.171.24-42.9%
Change Contribution By: 
Total Revenues ($ Mil)189171-9.6%
P/S Multiple0.40.4-10.0%
Shares Outstanding (Mil)3955-29.8%
Cumulative Contribution-42.9%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/30/2026
ReturnCorrelation
BZFD-42.9% 
Market (SPY)22.7%18.7%
Sector (XLC)6.2%20.0%

Fundamental Drivers

The -53.7% change in BZFD stock from 7/31/2023 to 8/30/2026 was primarily driven by a -41.0% change in the company's Total Revenues ($ Mil).
(LTM values as of)73120238302026Change
Stock Price ($)2.681.24-53.7%
Change Contribution By: 
Total Revenues ($ Mil)289171-41.0%
P/S Multiple0.30.422.7%
Shares Outstanding (Mil)3555-36.1%
Cumulative Contribution-53.7%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/30/2026
ReturnCorrelation
BZFD-53.7% 
Market (SPY)74.0%24.9%
Sector (XLC)69.5%23.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
BZFD Return-46%-87%-64%167%-65%19%-97%
Peers Return-7%-44%45%-17%-9%-4%-45%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
BZFD Win Rate40%42%25%42%17%25% 
Peers Win Rate50%35%60%44%50%45% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
BZFD Max Drawdown--88%-94%-50%-71%-48% 
Peers Max Drawdown-39%-54%-30%-37%-37%-40% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: ZD, PINS, SNAP, PARA, NYT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/28/2026 (YTD)

How Low Can It Go

EventBZFDS&P 500
2025 US Tariff Shock
  % Loss-27.6%-18.8%
  % Gain to Breakeven38.0%23.1%
  Time to Breakeven36 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.7%-7.8%
  % Gain to Breakeven27.7%8.5%
  Time to Breakeven6 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.2%-9.5%
  % Gain to Breakeven118.6%10.5%
  Time to Breakeven208 days24 days

Compare to ZD, PINS, SNAP, PARA, NYT

In The Past

BuzzFeed's stock fell -27.6% during the 2025 US Tariff Shock. Such a loss loss requires a 38.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventBZFDS&P 500
2025 US Tariff Shock
  % Loss-27.6%-18.8%
  % Gain to Breakeven38.0%23.1%
  Time to Breakeven36 days79 days
2024 Yen Carry Trade Unwind
  % Loss-21.7%-7.8%
  % Gain to Breakeven27.7%8.5%
  Time to Breakeven6 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-54.2%-9.5%
  % Gain to Breakeven118.6%10.5%
  Time to Breakeven208 days24 days

Compare to ZD, PINS, SNAP, PARA, NYT

In The Past

BuzzFeed's stock fell -27.6% during the 2025 US Tariff Shock. Such a loss loss requires a 38.0% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About BuzzFeed (BZFD)

BuzzFeed, Inc. (BZFD) is a digital media company primarily focused on creating and distributing a broad range of content including breaking news, original reporting, entertainment, and videos. The company leverages various digital platforms and the social web to reach its extensive global audience, establishing itself as a significant player in online content creation and distribution.

The company operates a diverse portfolio of well-known brands, each tailored to specific interests. Its flagship brand, BuzzFeed, is a prominent authority for entertainment, pop culture, articles, lists, quizzes, videos, and original series. BuzzFeed News provides reporting specifically for a younger demographic, while Tasty is widely recognized for its shareable food content. Additionally, BuzzFeed, Inc. includes HuffPost, a comprehensive platform for news, politics, opinion, entertainment, and lifestyle, and Complex Networks, which delivers culture content across music, food, style, entertainment, and sports. The company also extends its offerings with specialized brands such as As/Is for style, BringMe for travel, Goodful for wellness, and Nifty for DIY projects.

BuzzFeed's core business involves engaging a broad global audience, with a particular emphasis on young and digitally native consumers, across multiple content verticals. By delivering a wide spectrum of compelling and shareable digital content—ranging from hard news and political commentary to lighthearted entertainment and practical lifestyle tips—the company aims to capture and retain audience attention across its various online and social media platforms.

AI Analysis | Feedback

Condé Nast for the social media age.

A digital-first media company much like a modern Hearst, but specializing in viral news and entertainment content.

AI Analysis | Feedback

  • BuzzFeed: A digital platform providing entertainment, pop culture content, articles, lists, quizzes, videos, and original series.
  • BuzzFeed News: A dedicated newsroom focusing on news content for a younger audience.
  • Tasty: A popular platform specifically designed for shareable food-related content.
  • HuffPost: A broad media platform offering news, politics, opinion, entertainment, features, and lifestyle content.
  • Complex Networks: A content network dedicated to culture, including music, food, style, entertainment, and sports.
  • As/Is: A content brand focused on style-related content.
  • BringMe: A content brand dedicated to travel experiences and information.
  • Goodful: A content brand providing wellness-related content.
  • Nifty: A content brand offering DIY (Do It Yourself) content.

AI Analysis | Feedback

BuzzFeed (BZFD) primarily serves individuals by providing them with a wide array of digital content. While its revenue is largely generated from advertising sold to other companies, the core offering and interaction are with its global audience of individual consumers. Based on the company description, BuzzFeed serves the following categories of customers:

  1. General Entertainment and News Seekers: This category encompasses a broad audience interested in pop culture, internet trends, quizzes, viral videos, and general news and reporting. This includes the primary audience for the BuzzFeed platform and the "young audience" targeted by BuzzFeed News, as well as those seeking news, politics, opinion, and entertainment from HuffPost.

  2. Food and Lifestyle Enthusiasts: Individuals passionate about specific lifestyle interests, including cooking and recipes (Tasty), wellness (Goodful), style (As/Is), travel (BringMe), and DIY projects (Nifty).

  3. Culture Content Consumers: This segment focuses on individuals interested in specific cultural niches such as music, fashion, sports, and entertainment, primarily engaging with content offered by Complex Networks.

AI Analysis | Feedback

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AI Analysis | Feedback

Jonah Peretti, CEO & Founder
Jonah Peretti co-founded BuzzFeed in 2006 and has served as its Chief Executive Officer since its formation. Prior to founding BuzzFeed, he co-founded The Huffington Post in 2005 and remained in management until its sale to AOL in 2011. He holds an M.S. from MIT Media Lab and a B.S. from UC Santa Cruz. Matt Omer, Chief Financial Officer
Matt Omer was appointed Chief Financial Officer on November 6, 2023. He joined BuzzFeed in 2019 and previously held the role of Executive Vice President of Finance and Treasurer. Before joining BuzzFeed, Omer served as COO & CFO for 123 Home Care and held financial leadership positions at Viant Technology (Nasdaq: DSP), as well as various roles at KPMG. Jess Probus, Publisher; Head of Content and Tech for BuzzFeed
Jess Probus serves as Publisher and Head of Content and Tech for BuzzFeed. David Arroyo, Chief Legal & Compliance Officer and Corporate Secretary
David Arroyo holds the position of Chief Legal & Compliance Officer and Corporate Secretary at BuzzFeed. Chandler Bondan, Chief People Officer
Chandler Bondan is the Chief People Officer at BuzzFeed.

AI Analysis | Feedback

The key risks to BuzzFeed's business are primarily centered around its financial viability, challenges in the evolving digital advertising landscape, and the burden of legacy financial commitments.

  1. Going Concern and Liquidity Challenges: BuzzFeed has issued a "going concern" warning, indicating "substantial doubt" about its ability to continue operations for the next 12 months due to a potential cash shortfall. The company reported a net loss of $57.3 million in 2025 and acknowledged that it lacks sufficient resources to meet its cash obligations for the upcoming year. This critical financial instability is a direct reflection of its deteriorating financial condition, including significant declines in stock value and profitability.
  2. Declining Advertising Revenue and Evolving Digital Media Landscape: BuzzFeed is grappling with declining direct-sold advertising revenue as advertisers increasingly favor social media platforms like TikTok and Meta's Instagram. The company experienced an overall annual revenue decline in 2025, with declines in commerce revenue and platform engagement. The rapidly changing consumer preferences, intense competition within the interactive media industry, and the impact of AI-generated search features eroding organic search referral traffic further compound these revenue challenges.
  3. Legacy Costs and Debt: Despite efforts to reduce debt, BuzzFeed continues to face "legacy commitments" and debt from previous transactions, which constrain its financial flexibility and burden the business. These include legacy centralized costs from its SPAC transaction and pre-COVID real estate commitments. The company reported total debt of $60.2 million at the end of 2025.

AI Analysis | Feedback

The rise of artificial intelligence (AI) in content generation and the increasing dominance of short-form, algorithmically-driven, user-generated video platforms (such as TikTok, Instagram Reels, and YouTube Shorts) present clear emerging threats to BuzzFeed's business model. These developments are fundamentally altering how content is created, distributed, and consumed. AI's ability to generate text, images, and videos at scale could reduce the demand for human-produced content from traditional publishers, especially as platforms integrate AI-generated summaries and responses directly into user feeds. Simultaneously, the preference for highly personalized, short-form video content on platforms like TikTok diverts audience attention and advertising spend away from BuzzFeed's longer-form articles, quizzes, and curated video content, eroding its traditional avenues for reach and monetization.

AI Analysis | Feedback

Addressable Markets for BuzzFeed's Main Products and Services

BuzzFeed, Inc. operates within several large and growing digital media and advertising markets. The company's diverse content offerings, including news, entertainment, food, lifestyle, and culture, position it across various segments of the digital economy.

Overall Digital Media and Advertising Markets

  • The global digital media market was valued at approximately USD 1,057.68 billion in 2025 and is projected to reach USD 3,182.74 billion by 2034. North America alone accounts for around 38% of this global market.
  • The global online advertising market was valued at an estimated USD 499.95 billion in 2025 and is projected to grow to USD 1,329.88 billion by 2033. North America held the largest revenue share, exceeding 34% in 2025, and the U.S. online advertising market is expected to grow at a Compound Annual Growth Rate (CAGR) of over 10% from 2026 to 2033.
  • The global digital content market is poised for substantial growth, with projections indicating an increase of USD 1,157.5 billion from 2024 to 2029.

Content-Specific Markets

  • Digital Entertainment: The global digital entertainment market is expected to be worth around USD 1,080.5 billion by 2035, growing from USD 482.3 billion in 2025. North America held a significant share of this market, capturing over 41.8% and generating USD 201.4 billion in revenue in 2025.
  • Online Video Content and Platforms: The global digital video content market was valued at USD 236.2 billion in 2025 and is expected to reach USD 583.7 billion by 2034. The global online video platform market was valued at USD 7.5 billion in 2022 and is projected to reach USD 43.2 billion by 2032. North America consistently holds the highest share in the online video platform market.
  • Digital News and Magazines: The global digital newspaper and magazines market was valued at USD 38.2 billion in 2024 and is projected to grow to USD 65.49 billion by 2030. North America accounted for approximately 34% of this global market share in 2024.

Influencer Marketing Market

  • The global influencer marketing platform market was valued at USD 23.59 billion in 2025 and is projected to grow to USD 89.90 billion by 2034. North America dominated this market with a revenue share of over 29% in 2024, with the U.S. alone accounting for 78.32% of the North American market in 2024.

AI Analysis | Feedback

For BuzzFeed (BZFD), several key initiatives and trends are expected to drive future revenue growth over the next two to three years:

  1. Growth in Programmatic Advertising: BuzzFeed has demonstrated consistent strength in programmatic advertising. For the full year 2025, programmatic advertising revenue grew 7% year-over-year to $69.6 million, marking its seventh consecutive quarter of growth and representing 76% of total advertising revenue. This scalable, tech-enabled advertising segment is anticipated to continue its upward trajectory.
  2. Expansion of Studio Content Production: The company's studio business, which includes feature films and micro-dramas, nearly tripled its revenue in 2025 to $16.1 million, driven by the delivery of three feature films. This indicates a significant growth area for original and produced content.
  3. Launch and Monetization of New AI Applications: BuzzFeed's CEO, Jonah Peretti, highlighted that a primary focus for 2026 is "demonstrating the value of our brands, Studio IP, and new AI apps to the market." The development and successful implementation of innovative AI applications are expected to contribute to future revenue generation.
  4. Strategic Initiatives to Unlock Asset Value: BuzzFeed is actively exploring a range of strategic options to "close the gap between how the market values BuzzFeed Inc, today and what we believe our individual assets are worth." These strategic conversations aim to unlock the intrinsic value of its assets and address liquidity challenges, potentially leading to new revenue streams or significant value realization through partnerships, asset monetization, or other structural changes.
  5. Leveraging and Monetizing Core Brand Value and Intellectual Property (IP): The company plans to focus on showcasing the worth of its established brands (such as BuzzFeed, Tasty, HuffPost, and Complex Networks) and its Studio IP. Enhanced monetization strategies for these valuable assets, through various content, commerce, and partnership channels, are expected to contribute to future revenue growth.

AI Analysis | Feedback

Share Issuance

  • On December 3, 2021, BuzzFeed became a publicly traded entity through a business combination with 890 5th Avenue Partners, Inc.
  • In December 2021, BuzzFeed issued 3,838,710 shares of its non-voting Class C common stock to Verizon in exchange for a concurrent $35.0 million cash investment.
  • A 1-for-4 reverse stock split became effective on May 6, 2024, reducing the number of outstanding Class A common stock from approximately 140.9 million to 35.2 million and Class B common stock from approximately 5.4 million to 1.3 million, primarily to maintain Nasdaq listing compliance.

Inbound Investments

  • BuzzFeed received a $35.0 million cash investment from Verizon in December 2021.

Outbound Investments

  • In connection with its business combination on December 3, 2021, BuzzFeed acquired 100% of the membership interests of CM Partners, LLC, which includes Complex Networks.

Capital Expenditures

  • Capital expenditures were approximately $1.7 million for the third quarter of 2025.
  • Purchases of property and equipment amounted to $0.3 million in the fourth quarter of 2025.
  • BuzzFeed plans to continue investing in AI and tech-enabled businesses to drive future growth.

Better Bets vs. BuzzFeed (BZFD)

Peer Outperformance in Interactive Media & Services

BZFD has trailed 83% of its 30 Interactive Media & Services peers over 5Y. Interactive Media & Services ranks 8th of 9 industries in Communication Services by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Interactive Media & Services constituents that BZFD has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
35%
of 40 industry peers · -36.7% return
3Y
59%
of 34 industry peers · -23.0% return
5Y
17%
of 30 industry peers · -96.9% return
No Interactive Media & Services peer with a comparable growth profile has beaten BZFD by more than 20pp over 5Y.
Median price return by industry across the Communication Services sector, ranked by 5Y. Interactive Media & Services is BZFD's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Wireless Telecommunication Services 3 -5.0%40.0%39.2% ECHO 222% · TMUS 39% · SHEN -57%
Publishing 5 18.1%-3.2%31.2% NWSA 44% · NYT 42% · SCHL 31%
Integrated Telecommunication Services 21 -9.1%9.7%-13.7% IQST 1472% · GSAT 174% · AD 146%
Movies & Entertainment 23 7.3%82.8%-17.6% IMAX 221% · MSGS 125% · BATRA 114%
Alternative Carriers 4 40.3%14.6%-42.1% IRDM 12% · UNIT -38% · LUMN -46%
Advertising 18 -8.7%-12.6%-58.5% APP 351% · EVC 53% · OMC 44%
Broadcasting 15 -7.0%-23.8%-65.0% FOXA 94% · NXST 45% · WBD 0%
Interactive Media & Services ← 31 -25.5%-34.7%-68.5% GOOGL 142% · AREN 111% · META 54%
Interactive Home Entertainment 8 -36.7%-29.8%-89.2% TTWO 46% · RBLX -53% · PINS -58%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Latest Trefis Analyses

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Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

BZFDZDPINSSNAPPARANYTMedian
NameBuzzFeed Ziff Dav.PinterestSnap Banzai I.New York. 
Mkt Price1.2455.8223.195.431.0968.1614.31
Mkt Cap0.12.013.19.0-11.09.0
Rev LTM1711,3254,5566,351112,9782,151
Op Inc LTM-24128286-324-1949154
FCF LTM-303171,280706-16623470
FCF 3Y Avg-282451,045371-11475308
CFO LTM-154481,334919-16658553
CFO 3Y Avg-143601,079583-11507434

Growth & Margins

BZFDZDPINSSNAPPARANYTMedian
NameBuzzFeed Ziff Dav.PinterestSnap Banzai I.New York. 
Rev Chg LTM-12.1%-0.7%16.6%12.6%19.6%10.8%11.7%
Rev Chg 3Y Avg-10.8%-1.1%16.6%12.3%-8.0%8.0%
Rev Chg Q-21.8%-2.7%18.2%18.9%-27.3%11.2%4.2%
QoQ Delta Rev Chg LTM-5.6%-0.6%4.1%4.2%-7.4%2.6%1.0%
Op Inc Chg LTM-107.7%-21.6%32.3%50.5%-14.9%20.9%3.0%
Op Inc Chg 3Y Avg-5.6%-15.9%83.2%38.4%-23.7%23.7%
Op Mgn LTM-14.2%9.6%6.3%-5.1%-177.7%16.5%0.6%
Op Mgn 3Y Avg-12.5%11.9%5.1%-13.7%-213.5%14.9%-3.7%
QoQ Delta Op Mgn LTM-4.6%-0.2%-1.1%1.7%-9.3%-0.0%-0.7%
CFO/Rev LTM-9.0%33.8%29.3%14.5%-151.1%22.1%18.3%
CFO/Rev 3Y Avg-7.8%26.9%27.2%9.9%-115.9%18.4%14.2%
FCF/Rev LTM-17.4%23.9%28.1%11.1%-151.1%20.9%16.0%
FCF/Rev 3Y Avg-15.2%18.3%26.4%6.1%-115.9%17.3%11.7%

Valuation

BZFDZDPINSSNAPPARANYTMedian
NameBuzzFeed Ziff Dav.PinterestSnap Banzai I.New York. 
Mkt Cap0.12.013.19.0-11.09.0
P/S0.41.52.91.4-3.71.5
P/Op Inc-2.815.945.7-27.9-22.515.9
P/EBIT-1.23,362.345.7-53.9-22.422.4
P/E-1.13.252.4-29.0-28.13.2
P/CFO-4.54.59.89.8-16.89.8
Total Yield-89.5%31.7%1.9%-3.4%-4.7%1.9%
Dividend Yield0.0%0.0%0.0%0.0%-1.1%0.0%
FCF Yield 3Y Avg-32.0%14.1%5.9%4.1%-4.9%4.9%
D/E0.70.40.10.5-0.00.4
Net D/E0.5-0.4-0.00.2--0.1-0.0

Returns

BZFDZDPINSSNAPPARANYTMedian
NameBuzzFeed Ziff Dav.PinterestSnap Banzai I.New York. 
1M Rtn4.2%5.2%-3.4%15.8%-38.1%-9.0%0.4%
3M Rtn-23.9%23.9%15.7%-4.9%-38.1%-9.1%-7.0%
6M Rtn62.1%106.1%35.4%4.2%-38.1%-14.1%19.8%
12M Rtn-36.7%46.1%-36.7%-23.9%-38.1%15.2%-30.3%
3Y Rtn-23.0%-16.2%-15.6%-47.5%-38.1%59.3%-19.6%
1M Excs Rtn-0.4%2.4%-8.8%12.1%-41.8%-13.8%-4.6%
3M Excs Rtn-25.7%22.1%13.9%-6.6%-39.8%-10.8%-8.7%
6M Excs Rtn50.0%94.0%23.3%-7.9%-50.2%-26.2%7.7%
12M Excs Rtn-56.7%28.7%-54.9%-41.3%-57.1%-3.7%-48.1%
3Y Excs Rtn-102.9%-91.3%-88.9%-115.1%-111.9%-9.6%-97.1%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Single Segment185190230326 
Advertising    200
Commerce and other    62
Content    122
Total185190230326384


Price Behavior

Price Behavior
Market Price$1.24 
Market Cap ($ Bil)0.0 
First Trading Date03/05/2021 
Distance from 52W High-40.7% 
   50 Days200 Days
DMA Price$1.29$1.04
DMA Trenddowndown
Distance from DMA-4.1%19.2%
 3M1YR
Volatility74.8%122.4%
Downside Capture160.86185.68
Upside Capture18.9692.79
Correlation (SPY)23.3%18.3%
BZFD Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta1.781.150.901.601.771.73
Up Beta-1.542.362.402.502.811.93
Down Beta4.060.953.711.791.901.88
Up Capture48%-12%126%206%90%188%
Bmk +ve Days11223567138427
Stock +ve Days6162753101320
Down Capture338%172%-120%126%152%111%
Bmk -ve Days11212859114326
Stock -ve Days16263572143406

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BZFD
BZFD-37.8%121.7%0.07-
Sector ETF (XLC)2.6%15.2%-0.0319.6%
Equity (SPY)20.1%12.8%1.1618.0%
Gold (GLD)30.9%29.0%0.920.8%
Commodities (DBC)39.9%20.3%1.54-2.7%
Real Estate (VNQ)9.9%13.7%0.4410.2%
Bitcoin (BTCUSD)-30.1%43.7%-0.7010.2%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BZFD
BZFD-49.8%121.1%-0.09-
Sector ETF (XLC)7.5%20.9%0.2718.7%
Equity (SPY)13.1%17.2%0.5919.9%
Gold (GLD)19.7%18.7%0.851.2%
Commodities (DBC)11.5%19.6%0.462.8%
Real Estate (VNQ)2.0%18.9%0.0018.2%
Bitcoin (BTCUSD)9.6%52.7%0.3712.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with BZFD
BZFD-29.1%116.2%-0.09-
Sector ETF (XLC)9.3%22.1%0.4718.4%
Equity (SPY)15.2%17.9%0.7219.6%
Gold (GLD)12.2%16.3%0.611.2%
Commodities (DBC)7.3%18.0%0.332.8%
Real Estate (VNQ)5.0%20.7%0.2017.9%
Bitcoin (BTCUSD)63.4%66.1%1.0311.0%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity3.2 Mil
Short Interest: % Change Since 7312026-10.7%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest6.2 days
Basic Shares Quantity55.1 Mil
Short % of Basic Shares5.9%

Earnings Returns History

Updated 8/13/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/2026-9.0%-8.2% 
5/11/202690.4%89.1%87.7%
3/12/2026-1.9%-3.8%-9.3%
11/6/2025-35.0%-39.9%-38.8%
8/7/2025-1.5%-1.5%-5.8%
5/7/2025-4.6%-4.1%5.1%
3/13/202512.2%15.3%-12.8%
11/12/2024-3.0%6.7%19.0%
...
SUMMARY STATS   
# Positive5106
# Negative13811
Median Positive12.2%13.8%13.2%
Median Negative-3.3%-6.3%-12.8%
Max Positive90.4%89.1%87.7%
Max Negative-35.0%-39.9%-51.5%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/4/2026-9.0%-8.2% 
5/11/202690.4%89.1%87.7%
3/12/2026-1.9%-3.8%-9.3%
11/6/2025-35.0%-39.9%-38.8%
8/7/2025-1.5%-1.5%-5.8%
5/7/2025-4.6%-4.1%5.1%
3/13/202512.2%15.3%-12.8%
11/12/2024-3.0%6.7%19.0%
8/12/202425.9%29.9%10.3%
5/13/2024-3.3%19.8%12.7%
3/25/2024-0.5%17.1%-0.9%
11/2/2023-11.0%-16.6%-20.4%
5/9/2023-2.1%2.6%13.7%
3/13/2023-25.8%-18.0%-22.3%
12/7/2022-1.9%-4.3%-6.3%
8/9/20221.1%2.7%-13.8%
5/16/2022-8.9%12.2%-51.5%
3/22/20226.5%1.0%-0.6%
SUMMARY STATS   
# Positive5106
# Negative13811
Median Positive12.2%13.8%13.2%
Median Negative-3.3%-6.3%-12.8%
Max Positive90.4%89.1%87.7%
Max Negative-35.0%-39.9%-51.5%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/11/202610-Q
12/31/202503/16/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/14/202510-K
09/30/202411/12/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/29/202410-K
09/30/202311/03/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/16/202310-K
09/30/202211/14/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/06/202610-Q
03/31/202605/11/202610-Q
12/31/202503/16/202610-K
09/30/202511/06/202510-Q
06/30/202508/07/202510-Q
03/31/202505/08/202510-Q
12/31/202403/14/202510-K
09/30/202411/12/202410-Q
06/30/202408/13/202410-Q
03/31/202405/14/202410-Q
12/31/202303/29/202410-K
09/30/202311/03/202310-Q
06/30/202308/09/202310-Q
03/31/202305/10/202310-Q
12/31/202203/16/202310-K
09/30/202211/14/202210-Q
06/30/202208/09/202210-Q
03/31/202205/16/202210-Q
12/31/202103/30/202210-K

Insider Activity

Updated 8/27/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hill, Terence DirectBuy62220261.4420,83330,00030,000Form
2Karras, Sydnie DirectBuy62220261.4417,00024,48024,480Form
3Malone, Chris DirectBuy62220261.4417,36125,00025,000Form
4Gould, Eric DirectBuy62220261.4433,00047,52047,520Form
5Rolle, Janet L DirectSell91720252.0023,90747,912220,878Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Hill, Terence DirectBuy62220261.4420,83330,00030,000Form
2Karras, Sydnie DirectBuy62220261.4417,00024,48024,480Form
3Malone, Chris DirectBuy62220261.4417,36125,00025,000Form
4Gould, Eric DirectBuy62220261.4433,00047,52047,520Form
5Rolle, Janet L DirectSell91720252.0023,90747,912220,878Form
6Acharia, Angela DirectSell91620252.0156,378113,37623,871Form
7Rothstein, Adam DirectSell91220252.00150,000300,6601,449,271Form
8Acharia, Angela DirectSell91120251.9425,00048,440132,237Form
9Acharia, Angela DirectSell90920251.871,2852,403174,374Form
10Acharia, Angela DirectSell90520251.88100188177,722Form
11Acharia, Angela DirectSell90520251.8867,985127,812177,910Form
Core Cache Last Updated: 8/30/2026