BuzzFeedBZFD
BZFD
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: 611
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
333% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 3
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
32% more funds holding
Funds holding: 37 [Q3] → 49 (+12) [Q4]
24% more capital invested
Capital invested by funds: $18.1M [Q3] → $22.5M (+$4.42M) [Q4]
4.39% more ownership
Funds ownership: 18.58% [Q3] → 22.98% (+4.39%) [Q4]
32% less call options, than puts
Call options by funds: $1.52M | Put options by funds: $2.24M
Research analyst outlook
We haven’t received any recent analyst ratings for BZFD.
Financial journalist opinion
Based on 3 articles about BZFD published over the past 30 days
Positive
Seeking Alpha
1 week ago
BuzzFeed: A Compelling Turnaround And Trading At Its Lowest Valuation In History
BuzzFeed reported Q4 FY 2024 Adj. EBITDA of $10.9 million, 68% higher than initial guidance, and set promising FY 2025 revenue and EBITDA guidance. Despite a clear turnaround and improved balance sheet, BuzzFeed trades at its lowest valuation due to market conditions and lack of sell-side coverage. Major former media investors exited due to strategic shifts, causing high volatility and preventing a stable shareholder base, despite improving business fundamentals.
Neutral
Seeking Alpha
2 weeks ago
BuzzFeed, Inc. (BZFD) Q4 2024 Earnings Call Transcript
BuzzFeed, Inc. (NASDAQ:BZFD ) Q4 2024 Earnings Conference Call March 13, 2024 5:00 PM ET Company Participants Juliana Clifton - VP, Communications Jonah Peretti - CEO and Founder Matt Omer - CFO Conference Call Participants Operator Good day and thank you for standing by. Welcome to the BuzzFeed Inc. Fourth Quarter 2024 Earnings Conference Call.
Neutral
Business Wire
2 weeks ago
BuzzFeed, Inc. Completes Strategic and Organizational Changes Following a Transformative 2024
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc.'s (“BuzzFeed” or the “Company”) (Nasdaq: BZFD) fourth quarter and full year (ended December 31, 2024) financial results were in line with its outlook shared in December, demonstrating progress in stabilizing operations and positioning the business for long-term growth. Following a strategic transformation in 2024, BuzzFeed is optimistic about the year ahead and is committed to bettering operational efficiency and improving monetization across the Compan.
Neutral
Business Wire
1 month ago
BuzzFeed Declares War on “SNARF” and Announces a New Social Platform
NEW YORK--(BUSINESS WIRE)--Today, BuzzFeed announced a new social platform designed to bring joy and creativity back to the internet. The digital media pioneer introduced a strategy to counter tech platforms' unchecked influence over an internet increasingly fueled by misinformation, addiction, and negativity. At the heart of the strategy is a commitment to human creativity and a reinvention of how content is created and shared. “For years, major social platforms have abandoned their responsibi.
Positive
TechCrunch
1 month ago
BuzzFeed is taking on Instagram, TikTok, X with a new social platform designed to spread ‘joy'
BuzzFeed, the media site known for its celebrity news and quizzes, announced on Tuesday that it's developing its own social media platform, in a move to counter the current negativity on the internet. Semafor first reported BuzzFeed's plan for the platform this past week.
Positive
Seeking Alpha
2 months ago
BuzzFeed Vs. Rumble: The Undervalued Innovator Is The Clear Winner
BuzzFeed's enterprise value is $100M with positive adjusted EBITDA, while Rumble is $4B despite significant cash burn and negative adjusted EBITDA. Rumble's valuation is inflated by speculative trading and lacks sustainable profitability, unlike BuzzFeed's tangible turnaround and debt management. BuzzFeed is undervalued as it transitions toward a social media model, leveraging its large, engaged audience and innovative AI tools.
Positive
Proactive Investors
3 months ago
Buzzfeed sells brand behind ‘Hot Ones' to Soros Fund Management-led group
Buzzfeed Inc (NASDAQ:BZFD) is selling First We Feast, the brand behind its popular ‘Hot Ones' talk show, to a group of investors led by an affiliate of Soros Fund Management for $82.5 million in cash. First We Feast will become a standalone company led by founder Chris Schonberger, BuzzFeed said on Thursday.
Neutral
Reuters
3 months ago
BuzzFeed sells 'Hot Ones' creator for $82.5 mln to group led by Soros-affiliate
BuzzFeed said on Thursday it has sold First We Feast, creator of YouTube's popular talk show 'Hot Ones', to a group led by Soros Fund Management affiliate for $82.5 million, as the struggling media company faces a cash crunch.
Neutral
Business Wire
3 months ago
BuzzFeed, Inc. Announces Sale of First We Feast to an Affiliate of Soros Fund Management in $82.5 Million All-Cash Deal
NEW YORK--(BUSINESS WIRE)--BuzzFeed, Inc. (Nasdaq: BZFD) (the “Company”) today announced the closing of its sale of First We Feast to a consortium led by an affiliate of Soros Fund Management LLC in an $82.5 million all-cash deal. The proceeds of the transaction combined with a partial prepayment of the Company's outstanding convertible notes has the Company operating with a cash balance that exceeds its remaining debt. Refer to the Company's 8-K filed with the SEC on December 12, 2024 for addi.
Positive
Seeking Alpha
3 months ago
BuzzFeed: This Rally Can Last Longer
BuzzFeed's stock surged over 300% in 2024, driven by AI integration in content creation and partnerships with major tech firms like Meta. Post-SPAC valuation and reduced operating expenses through cost-cutting measures have created an attractive entry point for investors. Despite declining revenues, BuzzFeed's streamlined operations and low market cap position it for potential EPS growth and profitability.
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