Education
About Us
Working with TipRanks
Follow Us
BuzzFeed (BZFD)
NASDAQ:BZFD
Top Page
BuzzFeed
(NASDAQ:BZFD)
47Neutral
BuzzFeed (BZFD) vs. S&P 500 (SPY)
Market Cap
$70.50M
Dividend YieldN/A
Average Volume (3M)404.88K
Price to Earnings (P/E)―
Beta (1Y)1.96
Revenue Growth-34.37%
EPS Growth72.58%
CountryUS
Employees611
SectorCommunication Services
Sector Strength98
IndustryInternet Content & Information
Share Statistics
EPS (TTM)-1.43
Shares Outstanding37,181,860
10 Day Avg. Volume469,652
30 Day Avg. Volume404,884
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.45
Price to Cash Flow (P/CF)-4.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
BuzzFeed Business Overview & Revenue Model
Company DescriptionBuzzFeed, Inc. (BZFD) is a digital media company known for its viral content, entertainment, news, and lifestyle media. The company operates through multiple platforms, including its website, social media channels, and various digital properties. BuzzFeed produces a wide array of content, ranging from listicles and quizzes to long-form journalism and video content. Its sectors include digital advertising, content creation, and commerce, catering to a global audience seeking engaging and shareable content.
How the Company Makes MoneyBuzzFeed primarily generates revenue through digital advertising, which includes display advertising, video advertising, and sponsored content. The company leverages its large audience and data-driven approach to offer targeted advertising solutions to brands seeking to reach specific demographics. Additionally, BuzzFeed earns revenue from content licensing, where it licenses its original content to other platforms and media companies. E-commerce also contributes to its earnings through affiliate marketing and direct product sales, often linked to the lifestyle and entertainment content it produces. Partnerships with major tech platforms, such as Facebook and YouTube, enhance its distribution capabilities and revenue potential by increasing its content reach and engagement.
BuzzFeed Financial Statement Overview
Summary
BuzzFeed's financial statements indicate significant challenges, including declining revenues and persistent losses. The income statement shows a substantial revenue drop, and the cash flow statement reflects negative operating cash flow. However, the balance sheet shows moderate stability with manageable leverage.Income Statement
The income statement reflects a challenging financial position for BuzzFeed. Revenue has declined significantly from $436.67M in 2022 to $189.89M in 2024, indicating a substantial decrease in business activity. Despite a gross profit margin of 44.7% in 2024, the company has consistently reported negative EBIT and net margins, with a net loss of $33.96M in 2024. These metrics highlight profitability challenges and a need for strategic turnaround.40
Negative
Balance Sheet
BuzzFeed's balance sheet shows moderate stability with a debt-to-equity ratio of 0.60 in 2024, reflecting manageable leverage. However, stockholder equity has decreased from $370.54M in 2021 to $104.77M in 2024, indicating financial strain. The equity ratio is 47.3%, showing a reasonable proportion of equity financing, but the declining trend poses a risk to financial health.55
Neutral
Cash Flow
Cash flow analysis reveals ongoing challenges with negative operating cash flow of -$5.69M and free cash flow of -$6.38M in 2024. The company has struggled to generate positive cash flows consistently, impacting its ability to fund operations and growth without external financing.35
Negative
| Breakdown | |||||
| TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 231.67M | 189.89M | 252.68M | 436.67M | 397.56M | 321.32M | Gross Profit |
| 97.39M | 84.82M | 110.31M | 174.86M | 190.17M | 181.03M | EBIT |
| -10.00M | -23.54M | -39.82M | -79.81M | -25.15M | 12.14M | EBITDA |
| 12.34M | -20.93M | -20.70M | -97.93M | 25.54M | 30.68M | Net Income Common Stockholders |
| -52.15M | -33.96M | -88.58M | -201.33M | 24.71M | 10.34M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 58.52M | 38.65M | 35.64M | 55.77M | 79.73M | 90.63M | Total Assets |
| 0.00 | 221.40M | 438.20M | 529.97M | 637.21M | 279.19M | Total Debt |
| 0.00 | 62.74M | 218.29M | 234.97M | 141.88M | 20.40M | Net Debt |
| 58.52M | 24.09M | 182.66M | 179.19M | 62.15M | -70.23M | Total Liabilities |
| 0.00 | 114.46M | 327.02M | 335.42M | 264.63M | 593.00M | Stockholders Equity |
| 171.49M | 104.77M | 108.83M | 191.22M | 370.54M | -313.80M |
| Cash Flow | Free Cash Flow | ||||
| -14.83M | -6.38M | -21.00M | -25.64M | -15.22M | 13.02M | Operating Cash Flow |
| -11.11M | -5.69M | -6.10M | -7.86M | 797.00K | 27.55M | Investing Cash Flow |
| -12.66M | -12.42M | -14.72M | -17.29M | -208.03M | -14.80M | Financing Cash Flow |
| -65.24M | 0.00 | 812.00K | 3.18M | 181.82M | 19.45M |
BuzzFeed Technical Analysis
Negative
1.83
Price Trends
2.20
Negative
2.77
Negative
2.71
Negative
Market Momentum
-0.02
Negative
47.03
Neutral
26.24
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 1.83 is below the 20-day moving average (MA) of 2.10, below the 50-day MA of 2.20, and below the 200-day MA of 2.71, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 47.03 is Neutral, neither overbought nor oversold. The STOCH value of 26.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BZFD.
BuzzFeed Risk Analysis
BuzzFeed disclosed 62 risk factors in its most recent earnings report. BuzzFeed reported the most risks in the “Finance & Corporate” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
BuzzFeed Peers Comparison
Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | $26.94B | 3.15 | -10.67% | 4.32% | 2.14% | -43.11% | |
55 Neutral | $66.27M | ― | 154.70% | ― | 11.43% | 26.78% | |
48 Neutral | $85.75M | ― | -6.30% | ― | 12.36% | 8.23% | |
47 Neutral | $70.50M | ― | -28.67% | ― | -34.37% | 72.58% | |
45 Neutral | $53.12M | ― | -37.84% | ― | 13.37% | 50.36% | |
44 Neutral | $92.08M | ― | 82.40% | ― | -31.87% | -37.58% | |
43 Neutral | $74.61M | ― | -184.87% | ― | -10.00% | -11.58% |
* Communication Services Sector Average
Performance Comparison
BZFD
BuzzFeed
1.73
0.13
8.12%
GAIA
Gaia
3.39
-0.26
-7.12%
INUV
Inuvo
0.38
0.05
15.15%
LVO
LiveOne
0.68
-1.07
-61.14%
CDLX
Cardlytics
1.40
-12.17
-89.68%
AREN
The Arena Group
1.97
1.22
162.67%
BuzzFeed Earnings Call Summary
Earnings Call Date: Mar 13, 2025 | % Change Since: -6.63% | Next Earnings Date: May 19, 2025
Earnings Call Sentiment Positive
BuzzFeed demonstrated significant financial improvements and strategic innovations, particularly in AI integration and debt reduction. However, the company faced challenges with declining advertising and content revenues. The positive strides in financial stability and user engagement largely offset the revenue challenges.Highlights
AI Integration and Innovation
BuzzFeed has successfully integrated AI to enhance efficiency and content targeting, planning to launch BF Island, an AI-native social media app, with a goal to convert 5% of its 34 million users and achieve significant engagement increases.
Debt Reduction and Financial Stability
BuzzFeed repaid $153.8 million in debt in 2024, significantly reducing its debt load and entering 2025 with a cash balance exceeding remaining debt.
Positive Adjusted EBITDA
BuzzFeed achieved positive adjusted EBITDA for Q4 and full year 2024, with full year EBITDA growth of $17.1 million or 146.8%.
Commerce Revenue Growth
Commerce revenues increased by 23% year over year, driven by strong affiliate commerce performance and a successful Amazon Prime Day.
User Engagement Metrics
Positive momentum in audience engagement with a 10% increase in time spent, and direct visits accounting for 64% of US traffic on BuzzFeed.com.
Lowlights
Revenue Declines in Advertising and Content
Advertising revenues declined 17% year over year, and content revenue declined 49% year over year, driven by a decrease in direct sold deals.
Overall Revenue Decline
Q4 revenue was $56.2 million, down 19.8% year over year, with a $40.6 million overall revenue decline for the year.
Company Guidance
During BuzzFeed, Inc.'s Fourth Quarter 2024 earnings call, significant guidance and metrics were highlighted. The company achieved positive adjusted EBITDA for both Q4 and the full year 2024, with a growth of $17.1 million or 146.8%. Advertising revenue for the full year declined by 17% to $94.4 million, while commerce revenue saw a 23% increase, largely due to strong affiliate commerce performance. Q4 revenue was $56.2 million, down 19.8% year over year, while adjusted EBITDA for the quarter was $10.9 million. BuzzFeed's focus on AI and a new AI-native social media app, BF Island, is expected to drive future growth, with an investment of approximately $10 million focused on engineering. For 2025, BuzzFeed projects revenues between $195 to $210 million, with adjusted EBITDA ranging from $10 to $20 million. The call emphasized a strategic shift towards high-margin tech-enabled revenue lines and an overall strengthening of the balance sheet, with a cash balance of $38.6 million at the end of Q4.BuzzFeed Corporate Events
Business Operations and StrategyFinancial Disclosures
BuzzFeed Unveils 2024 Financial Results and Strategic Shift
Positive
Mar 13, 2025
On March 13, 2025, BuzzFeed, Inc. announced its financial results for the fourth quarter and full year 2024, highlighting a strategic transformation that included strengthening its balance sheet, reducing debt, and expanding AI-driven innovation. Despite a decline in overall revenues, the company improved its net loss and adjusted EBITDA, emphasizing a shift towards high-margin revenue streams such as programmatic advertising and affiliate commerce. BuzzFeed also introduced BF Island, a new social platform, as part of its long-term growth strategy, aiming to foster creativity and direct audience relationships. The company remains optimistic about 2025, expecting revenue growth and improved profitability.
Executive/Board Changes
BuzzFeed Approves Executive Bonuses Under 2021 Plan
Neutral
Feb 28, 2025
On February 24 and 25, 2025, BuzzFeed, Inc.’s Compensation Committee and Board of Directors approved cash and equity bonus compensation for key executives, including CEO Jonah Peretti, CFO Matthew Omer, and CLO David Arroyo. These bonuses, part of the company’s 2021 Equity Compensation Plan, are structured to be paid in installments and include restricted stock units that will fully vest a year after the grant date, potentially impacting executive retention and motivation.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.