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BuzzFeed Faces Cash Crunch, Shares Plummet 7%

3/14/2026

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Story summary
  • BuzzFeed will not provide a forecast for 2026, raising concerns about its financial stability.
  • Shares fell 7% after the announcement.
  • The company faces a cash crunch as advertisers shift to TikTok and Instagram.
  • BuzzFeed was founded in 2006 and has fallen 98% since the 2021 IPO; BuzzFeed Chief Executive Officer Jonah Peretti says the market value does not reflect the strength of its brands, as Q4 2025 revenue reached $56.5 million.