BuzzFeed Inc has a consensus price target of $1.83 based on the ratings of 3 analysts. The high is $2 issued by Cowen & Co. on November 22, 2022. The low is $1.5 issued by Craig-Hallum on May 12, 2023. The 3 most-recent analyst ratings were released by Craig-Hallum, Cowen & Co., and B of A Securities on May 12, 2023, November 22, 2022, and August 11, 2022, respectively. With an average price target of $1.83 between Craig-Hallum, Cowen & Co., and B of A Securities, there's an implied -41.80% downside for BuzzFeed Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for BuzzFeed (NASDAQ:BZFD) was reported by Craig-Hallum on May 12, 2023. The analyst firm set a price target for $1.50 expecting BZFD to fall to within 12 months (a possible -52.38% downside). 0 analyst firms have reported ratings in the last year.
The latest analyst rating for BuzzFeed (NASDAQ:BZFD) was provided by Craig-Hallum, and BuzzFeed maintained their buy rating.
There is no last upgrade for BuzzFeed
The last downgrade for BuzzFeed Inc happened on November 22, 2022 when Cowen & Co. changed their price target from $3 to $2 for BuzzFeed Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BuzzFeed, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BuzzFeed was filed on May 12, 2023 so you should expect the next rating to be made available sometime around May 12, 2024.
While ratings are subjective and will change, the latest BuzzFeed (BZFD) rating was a maintained with a price target of $2.00 to $1.50. The current price BuzzFeed (BZFD) is trading at is $3.15, which is out of the analyst’s predicted range.
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