Craig-Hallum analyst Jason Kreyer maintained a Buy rating on BuzzFeed (BZFD – Research Report) today. The company’s shares closed last Friday at $2.02.
Kreyer covers the Communication Services sector, focusing on stocks such as Cardlytics, Magnite, and Integral Ad Science. According to TipRanks, Kreyer has an average return of 9.1% and a 44.44% success rate on recommended stocks.
The analyst consensus on BuzzFeed is currently a Moderate Buy rating.
Based on BuzzFeed’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $73.3 million and a GAAP net loss of $13.72 million. In comparison, last year the company earned a revenue of $103.73 million and had a GAAP net loss of $26.86 million
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BuzzFeed (BZFD) Company Description:
BuzzFeed is a digital media company. It offers news, entertainment, and shareable food content through its portfolio of online brands, including HuffPost, BuzzFeed Entertainment, and Tasty.
Read More on BZFD:
- Buzzfeed trading halted, news pending
- Navigating Troubled Waters: Buzzfeed’s Financial Viability in Question Amid Cash Crunch and Debt Hurdles
- BuzzFeed, The Independent sign long-term license, strategic partnership
- BuzzFeed Enhances Transparency with Updated Investor Materials
- BuzzFeed sees Q1 revenue $42M-$44M, one estimate $73.0M
