Trump Media & Technology Group (NASDAQ:DJT) Stock Price Up 7.1% – Still a Buy?

Trump Media & Technology Group Corp. (NASDAQ:DJT) traded up 7.1% on Tuesday. The stock traded as high as $4.32 and last traded at $4.3470. Approximately 1,806,526 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 4,435,192 shares. The stock had previously closed at $4.06.

Trump Media & Technology Group News Roundup

Here are the key news stories impacting Trump Media & Technology Group this week:

• Positive Sentiment: Trump Media reported a $409.7 million third-quarter net profit and EPS of $1.38, reversing losses as gains on digital assets boosted results. WSJ article
• Positive Sentiment: Revenue rose 78% sequentially to about $3 million, with Truth API contributing to growth. The company also reported $2.3 billion in gross financial assets and holdings of 15,649 bitcoin, although those assets may be volatile. Investor takeaways
• Negative Sentiment: The headline profit does not demonstrate strong core-media performance: revenue remains very small, and the company’s media operations continue to lose money. Digital-asset gains may also be volatile and may not recur. Analysis of quarterly profit
• Negative Sentiment: The planned TAE Technologies merger could roughly double the share count, diluting existing shareholders. Convertible noteholders’ potential repayment demands also create a financing risk, with upcoming dates potentially affecting the value investors assign to DJT shares. Merger and convertible-note risks

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on DJT shares. Weiss Ratings cut shares of Trump Media & Technology Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, September 2nd. Wall Street Zen cut shares of Trump Media & Technology Group from a “sell” rating to a “strong sell” rating in a report on Sunday, November 1st. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

Trump Media & Technology Group Stock Up 9.7%

The company has a market cap of $1.24 billion, a price-to-earnings ratio of -0.91 and a beta of 1.35. The firm has a 50-day simple moving average of $7.72 and a 200 day simple moving average of $9.08.

Trump Media & Technology Group (NASDAQ:DJT) last released its quarterly earnings results on Monday, November 9th. The company reported $1.38 earnings per share (EPS) for the quarter. Trump Media & Technology Group had a negative return on equity of 64.07% and a negative net margin of 28,860.39%. The firm had revenue of $2.97 million for the quarter.

Institutional Investors Weigh In On Trump Media & Technology Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Global Assets Advisory LLC acquired a new position in shares of Trump Media & Technology Group in the first quarter worth $34,000. Nykredit A S purchased a new stake in Trump Media & Technology Group in the second quarter valued at approximately $31,000. Root Financial Partners LLC purchased a new stake in Trump Media & Technology Group during the third quarter valued at about $39,000. Farther Finance Advisors LLC increased its position in Trump Media & Technology Group by 55.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,734 shares of the company’s stock worth $43,000 after purchasing an additional 1,691 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. boosted its position in Trump Media & Technology Group by 60.1% during the 2nd quarter. Strategic Wealth Partners Ltd. now owns 6,660 shares of the company’s stock worth $52,000 after purchasing an additional 2,500 shares during the period. 4.29% of the stock is currently owned by hedge funds and other institutional investors.

Trump Media & Technology Group Company Profile

Trump Media & Technology Group operates Truth Social, a social media platform where users can publish posts called “Truths,” share other users’ posts and follow accounts. The company has positioned the platform as an alternative social network focused on open expression.

The company has expanded beyond social media with Truth+, a streaming service offering video content, and Truth.Fi, a financial services and investment brand announced in 2025. Its offerings and business activities are primarily directed toward U.S.