Trump Media & Technology Group (NASDAQ:DJT) Shares Up 7.1% – Should You Buy?

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

More Trump Media & Technology Group News

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

DJT has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Trump Media & Technology Group from a “sell” rating to a “strong sell” rating in a research report on Sunday, November 1st. Weiss Ratings lowered shares of Trump Media & Technology Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Trump Media & Technology Group Stock Performance

The stock has a 50-day simple moving average of $7.72 and a 200 day simple moving average of $9.08. The company has a market cap of $1.24 billion, a P/E ratio of -0.91 and a beta of 1.35.

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

Institutional Trading of Trump Media & Technology Group

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Trump Media & Technology Group during the second quarter worth $101,684,000. Yorkville Advisors Global LP purchased a new stake in Trump Media & Technology Group in the 2nd quarter valued at about $17,618,903. State Street Corp lifted its position in Trump Media & Technology Group by 32.0% in the second quarter. State Street Corp now owns 4,191,672 shares of the company’s stock valued at $32,444,000 after buying an additional 1,015,305 shares during the last quarter. Anson Funds Management LP acquired a new position in Trump Media & Technology Group in the first quarter valued at about $6,598,000. Finally, Bank of New York Mellon Corp acquired a new stake in Trump Media & Technology Group in the 2nd quarter valued at approximately $4,047,000. 4.29% of the stock is owned by hedge funds and other institutional investors.

About Trump Media & Technology Group

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.