BuzzFeed (BZFD) AI Stock Analysis

• Market Cap: $26.64M
• Dividend Yield: N/A
• Average Volume (3M): 390.03K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.95
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 611
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.72
• Shares Outstanding: 35,864,574
• 10 Day Avg. Volume: 283,013
• 30 Day Avg. Volume: 390,032
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.19
• P/FCF Ratio: -1.70
• Enterprise Value/Market Cap: 3.89
• Enterprise Value/Revenue: 0.56
• Enterprise Value/Gross Profit: 1.75
• Enterprise Value/Ebitda: 38.09
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -0.41
• Revenue Forecast (FY): $184.70M

• Rating: 42 Neutral
• Price Target: $0.68 ▼(-12.08% Downside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is held down primarily by weak financial performance (ongoing losses, higher leverage, and negative free cash flow). Technicals add further pressure with a clear downtrend and negative momentum, while valuation provides limited support due to loss-making earnings and no dividend. The latest earnings call was mixed, with EBITDA improvement offset by liquidity concerns and withheld guidance.

Positive Factors

Large asset-sale proceeds

Proceeds near $200M materially improve the company's liquidity and strategic optionality over the medium term. This provides a durable buffer to pay down debt, extend runway, and fund restructuring or investments without relying solely on operating cash flow, reducing immediate refinancing pressure.

Adjusted EBITDA improvement

A 61% increase in adjusted EBITDA shows meaningful operational progress and margin leverage from cost actions and revenue mix shifts. If sustained, improved EBITDA provides a structural path to positive operating profitability and greater free-cash-flow potential, supporting long-term financial stability.

Programmatic ad growth and mix shift

Programmatic now comprises the bulk of ad revenue and is growing, signaling a structural shift to more scalable, automated revenue. Higher programmatic mix can stabilize ad revenue, lower direct-sales overhead, and improve gross margin consistency across advertising cycles over the next several quarters.

Negative Factors

Elevated leverage and shrinking equity

Higher leverage and a sharply reduced equity cushion materially increase financial vulnerability. Elevated debt-to-equity constrains strategic flexibility, raises default/dilution risk if capital is raised, and limits the company's ability to invest in growth while servicing legacy obligations over the medium term.

Negative free cash flow and tight liquidity

Persistent negative free cash flow means operations do not fully fund capital and obligations, forcing reliance on asset sales, lender concessions, or new financing. With modest cash on hand and pledged collateral, liquidity constraints are a durable headwind that can limit execution and elevate restructuring probability.

Declines in direct-sold and commerce revenue

Sharp declines in direct-sold advertising and commerce reduce exposure to higher-margin, relationship-driven revenue and weaken monetization diversity. Combined with falling user engagement, these trends erode durable revenue streams and make sustained margin recovery and cash generation more difficult over coming quarters.

BuzzFeed Business Overview & Revenue Model

Company Description

BuzzFeed, Inc., a digital media company, provides breaking news, original reporting, entertainment, and videos across the social web to its global audience. It provides 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 sports. The company also offers As/Is for style, BringMe for travel, Goodful for wellness, and Nifty for DIY. BuzzFeed, Inc. was founded in 2006 and is based in New York, New York.

How the Company Makes Money

BuzzFeed primarily generates revenue through advertising, content-related commerce, and audience-driven monetization tied to its media brands and distribution network. Advertising revenue is earned from selling ad inventory across BuzzFeed’s owned-and-operated properties (e.g., display, video, and other digital ad formats) and from brand partnerships that integrate advertisers into BuzzFeed’s content (commonly through sponsored/branded content and video). Commerce revenue is generated by monetizing shopping intent in its content—such as product recommendations and shopping guides—typically through affiliate programs where BuzzFeed earns a commission when a user clicks through and makes a purchase from a retailer; it may also earn revenue from other commerce-related partnerships tied to shopping content. In addition, BuzzFeed can monetize its brands and content through licensing or distribution arrangements and other partnerships (e.g., allowing third parties to distribute, adapt, or use its content or brand assets under agreed terms). Specific partner names, revenue mix percentages, or current contractual details are null.

BuzzFeed Financial Statement Overview

Summary

Financial fundamentals remain weak: persistent operating and net losses, deteriorating net margin in 2025, higher leverage with a reduced equity cushion, and negative free cash flow despite operating cash flow near breakeven.

Income Statement

Revenue has been shrinking for multiple years (2022–2024) before returning to growth in 2025 (+13.9%), but profitability remains weak. Gross margin is still reasonable (~40–45% in 2022–2025), yet the company continues to post operating losses and net losses, with 2025 net margin deteriorating materially versus 2024 (from about -5% to about -31%). The overall picture is a business that has stabilized revenue recently but has not translated that into sustainable earnings power.

Balance Sheet

Leverage and equity trends have worsened. Debt-to-equity moved from a moderate level in 2024 (~0.6x) to elevated in 2025 (~1.7x), driven by higher debt and a sharp drop in equity (from ~$105M to ~$49M). Returns on equity are deeply negative in recent years, indicating ongoing value erosion for shareholders. While total assets declined from prior years, the main concern is the reduced equity cushion alongside higher leverage.

Cash Flow

Cash generation is a key weak spot. Operating cash flow was negative in most years shown (2022–2024) and was reported at roughly breakeven in 2025, while free cash flow remained negative in 2025 and deteriorated sharply versus 2024 (large negative growth rate). Importantly, in 2025 free cash flow did not cover net losses in a meaningful way (both measures remain negative), limiting financial flexibility.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	185.27M	189.89M	252.68M	325.78M	397.56M
Gross Profit	59.29M	84.82M	110.31M	141.24M	190.17M
EBITDA	2.72M	-7.37M	-20.70M	-85.75M	25.54M
Net Income	-57.72M	-10.10M	-88.58M	-200.96M	24.71M
Balance Sheet
Total Assets	188.14M	221.40M	438.20M	529.97M	637.21M
Cash, Cash Equivalents and Short-Term Investments	8.46M	38.65M	35.64M	55.77M	79.73M
Total Debt	85.82M	62.74M	218.29M	234.97M	141.88M
Total Liabilities	138.05M	114.46M	327.02M	335.42M	262.33M
Stockholders Equity	49.36M	104.77M	108.83M	191.22M	370.54M
Cash Flow
Free Cash Flow	-20.71M	-33.45M	-21.00M	-25.64M	-15.22M
Operating Cash Flow	-18.75M	-20.68M	-6.10M	-7.86M	797.00K
Investing Cash Flow	-14.06M	178.66M	-14.72M	-17.29M	-208.03M
Financing Cash Flow	21.59M	-154.60M	812.00K	3.18M	181.82M

BuzzFeed Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.77
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BZFD, the sentiment is Negative. The current price of 0.77 is below the 20-day moving average (MA) of 0.77, below the 50-day MA of 0.85, and below the 200-day MA of 1.49, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 31.77 is Neutral, neither overbought nor oversold. The STOCH value of 24.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BZFD.

BuzzFeed Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SCOR	59 Neutral	$36.01M	-3.41	-11.45%	―	0.77%	74.60%
IZEA	54 Neutral	$64.39M	1,786.29	-6.95%	―	7.12%	78.68%
CCG	50 Neutral	$64.21M	-8.99	-9.17%	―	105.31%	95.66%
KRKR	49 Neutral	$9.34M	―	-35.00%	―	―	―
BZFD	42 Neutral	$26.64M	-0.61	-76.93%	―	―	―
GIFT	41 Neutral	$27.25M	-3.31	-56.95%	―	-42.49%	38.75%

BuzzFeed Corporate Events

BuzzFeed Reports 2025 Results, Explores Strategic Options

On March 12, 2026, BuzzFeed reported fourth-quarter and full-year 2025 results that were broadly in line with prior guidance, highlighting a 2.4% decline in annual revenue to $185.3 million but a 61.4% improvement in Adjusted EBITDA to $8.8 million. The company grew programmatic advertising by 7.4%, nearly tripled studio revenue to $16.1 million on the back of three feature films, and increased content revenue, even as commerce and affiliate revenue fell and audience time spent declined amid tough comparisons to the 2024 U.S. presidential election cycle.

Despite operational improvements, BuzzFeed posted a 2025 net loss from continuing operations of $57.3 million, widened by a $30.2 million non-cash goodwill impairment tied to a sustained share price decline, and ended Q4 2025 with a $26.8 million quarterly net loss. Management emphasized a significant perceived gap between asset value and market capitalization, ongoing liquidity challenges and legacy commitments, and said it is actively exploring strategic options while withholding 2026 financial guidance, underscoring continued uncertainty for investors even as BuzzFeed maintains leading U.S. engagement metrics versus digital media competitors.

The most recent analyst rating on (BZFD) stock is a Hold with a $0.82 price target. To see the full list of analyst forecasts on BuzzFeed stock, see the BZFD Stock Forecast page.

BuzzFeed Faces Nasdaq Listing Pressure Amid Financial Strain

BuzzFeed secured a second short-term reprieve on February 27, 2026, when its lenders and their agent extended the due date for a required $5.0 million principal repayment under its May 23, 2025 credit agreement from February 27 to March 6, 2026, with failure to pay after any cure period potentially triggering an event of default and allowing lenders to exercise contractual remedies. Separately, on March 2, 2026, Nasdaq notified BuzzFeed that its shares had traded below the $1.00 minimum bid price for 30 consecutive business days, giving the company until August 31, 2026, and potentially a further 180-day period, to regain compliance or face possible delisting, a development that underscores ongoing pressure on its capital structure and market valuation and heightens risk for equity holders.

The most recent analyst rating on (BZFD) stock is a Hold with a $0.82 price target. To see the full list of analyst forecasts on BuzzFeed stock, see the BZFD Stock Forecast page.

BuzzFeed Amends Credit Agreement, Extends Near-Term Repayment

On February 20, 2026, BuzzFeed and certain of its U.S. and Canadian subsidiaries obtained lender consent to amend their existing Credit Agreement, pushing back a scheduled $5 million principal repayment from February 20, 2026 to February 27, 2026. The amendment, documented in a consent letter, temporarily eases near-term liquidity pressure but leaves the company exposed to an event of default if the payment is not made by the new due date, which could allow lenders to exercise contractual remedies under the Credit Agreement, with potential implications for BuzzFeed’s financing flexibility and capital structure.

This short extension underscores the company’s reliance on lender cooperation in managing its debt obligations and highlights the importance of meeting the revised repayment deadline to avoid triggering default provisions. Stakeholders, including creditors and equity holders, face heightened sensitivity around BuzzFeed’s ability to adhere to its amended credit terms, as any failure to pay on time could impact operations and constrain strategic options.

The most recent analyst rating on (BZFD) stock is a Hold with a $0.82 price target. To see the full list of analyst forecasts on BuzzFeed stock, see the BZFD Stock Forecast page.