Truth Social (DJT) Stock Price

Financial Performance

Truth Social's financial performance has been mixed. The company reported revenue of $1M last quarter, reflecting a growth of 20.8% from the previous quarter and a year-on-year increase of 34.5%. However, gross profit is on a declining trend with a significant drop of -84.3% from the previous quarter and -82.3% YoY, standing at $125.4K currently.

The operating income shows a loss of -$23.7M, which is down by -26.8% QoQ and significantly down by -438.6% YoY. This suggests that the company's operations are not profitable at this point in time.

The EBITDA ratio stands at an alarming -18.04 indicating poor profitability and efficiency in operations, while the PE ratio at -68.69 further confirms that the stock is overvalued given its earnings.

Stock Price

The stock is currently trading at $29.54 which reflects a downward trend with decreases of -19.3% over the last month and a larger fall of -22.6% YoY.

In terms of technical indicators, the RSI value is currently at 33.28 suggesting that it may be nearing oversold territory; however, it remains below neutral (50). The stock's 200-day moving average sits above current price levels at $32.54 indicating bearish momentum for Truth Social's shares.

Alternative Data Signals

The website traffic for Truth Social has decreased by about -19.6%, MoM to around an estimated 13 million visitors per month; this might indicate dwindling interest or user engagement with their platform. However, the company's mobile apps have seen a significant surge in downloads with an estimated 345226 daily downloads, representing growth of 5695.3% MoM and 1535.2% YoY.

The number of job openings at Truth Social remains unchanged from the previous month which doesn't suggest any major expansion plans or business outlook changes in the near future.

Conclusion

In conclusion, based on financial performance, stock price trends, technical indicators and alternative data signals, our analysis for Truth Social's stock is bearish. The poor financial performance combined with negative stock price momentum and mixed signals from alternative data sources contribute to this perspective.

Note: This AI Stock Analysis is based on data as of January 27. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Truth Social (DJT), currently trading at $26.99, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.