Want to see DJT full AI Analyst Report?
Truth Social (DJT) AI Stock Analysis
Truth Social
(NASDAQ:DJT)
The score is weighed down primarily by weak financial performance (very large and worsening losses, negative margins/ROE, and rising leverage) and a bearish technical setup with the stock trading well below key moving averages. Valuation offers limited support given negative earnings and no dividend yield. Earnings-call positives around early product monetization and reported asset base are offset by ongoing volatility from digital assets and unresolved convertible-note/liquidity risks.
Truth Social (DJT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $1.55B
- Dividend Yield
- ―
- Average Volume (3M)
- 3.98M
- Price to Earnings (P/E)
- -1.2
- Beta (1Y)
- 1.86
- Revenue Growth
- 21.61%
- EPS Growth
- -854.66%
- Country
- US
- Employees
- 31
- Sector
- Communication Services
- Sector Strength
- 60
- Industry
- Internet Content & Information
Truth Social Business Overview & Revenue Model
Company Description
Trump Media & Technology Group Corp., founded in 2021 and based in Sarasota, Florida, is the organization that operates Truth Social. This digital platform provides social networking services to users across the United States.
Truth Social Earnings Call Summary
The call highlighted meaningful commercial progress (revenue growth, Truth+ commercialization, Truth API customer signings), a sizable financial asset base ($1.9B gross; ~$400M+ liquid), and sequential improvements in expenses and losses. However, material negatives dominate the financial picture: large net and EBITDA losses driven by volatile digital asset mark‑to‑market swings, substantial YoY expense increases (~270%), sizable investment losses, and nearly $1B of convertible notes coming due with refinancing plans unresolved. Management emphasized strategic focus (TAE merger), capital discipline, and product monetization, but the near‑term financial risks and asset volatility outweigh the early operational positives.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
The call’s forward-looking guidance focused on closing the proposed TAE merger (S‑4 to be filed “as soon as possible” with a target close “by the end of 2026,” subject to regulatory timing), a shift to third‑party institutional management of the digital treasury with yield likely to be recorded in bitcoin (the company paused its direct yield strategy), disciplined capital management to address nearly $1.0 billion of outstanding convertible notes using a balance sheet it reported with $1.9 billion of gross financial assets as of June 30 (including $215M cash, $31M restricted cash, $209M short‑term investments and roughly $1.2B in bitcoin/bitcoin‑related assets; net of debt ≈ $893M), and commercial priorities to scale Truth+ out of beta and the Truth API (launched Aug. 1) — already >10 customers signed at roughly $60k–$100k/month — while growing advertising, subscriptions and data licensing; management also said most legacy SPAC litigation costs were accrued through Q2 with some residual Q3 expense expected, and reiterated that digital‑asset mark‑to‑market volatility will continue to affect results (Q2 metrics cited: revenue ~$1.7M, operating expenses $165.2M, loss on digital assets $116.6M, investment loss $71.8M, net loss $238M, adjusted EBITDA loss $223.5M, total non‑cash mark‑to‑market losses $190.5M; bitcoin ~$58,800 on June 30 vs ~$67,800 on March 31; IBIT $33.29 on June 30 from $38.42).
Truth Social Financial Statement Overview
Summary
Revenue is growing strongly (+21.1% TTM), but fundamentals remain high-risk: gross profit turned negative, losses widened sharply (TTM net loss ~$1.30B), and ROE is deeply negative (~-84%). While operating cash flow and free cash flow are slightly positive (~$8.5M), they are small relative to losses and have weakened year-over-year, alongside rising leverage (debt-to-equity ~0.95).
Income Statement
12Very NegativeBalance Sheet
38NegativeCash Flow
33Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Mar 2024 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.52M | 3.68M | 3.62M | 4.13M | 1.47M | 0 |
| Gross Profit | -346.60K | 2.01M | 3.00M | 3.97M | 1.42M | 0 |
| EBITDA | -1.07B | -676.10M | -394.42M | -18.54M | 52.71M | -58.44M |
| Net Income | -1.30B | -712.06M | -400.86M | -58.19M | 50.52M | -59.10M |
Balance Sheet | ||||||
| Total Assets | 2.02B | 2.84B | 938.29M | 3.36M | 11.24M | 19.25M |
| Cash, Cash Equivalents and Short-Term Investments | 424.65M | 1.19B | 776.78M | 2.57M | 9.81M | 18.73M |
| Total Debt | 8.37M | 951.40M | 13.26M | 45.71M | 4.64M | 2.09M |
| Total Liabilities | 996.21M | 1.19B | 24.70M | 70.13M | 19.81M | 78.35M |
| Stockholders Equity | 1.02B | 1.65B | 913.59M | -66.76M | -8.57M | -59.10M |
Cash Flow | ||||||
| Free Cash Flow | 8.49M | 14.18M | -73.02M | -9.74M | -24.29M | -3.87M |
| Operating Cash Flow | 8.52M | 14.76M | -60.98M | -9.73M | -24.20M | -3.80M |
| Investing Cash Flow | -2.04B | -2.27B | -618.58M | -2,200 | -84.50K | -68.60K |
| Financing Cash Flow | -64.90M | 2.25B | 847.23M | 2.50M | 15.36M | 22.60M |
Truth Social Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DJT, the sentiment is Negative. The current price of 5.59 is below the 20-day moving average (MA) of 7.08, below the 50-day MA of 8.29, and below the 200-day MA of 9.31, indicating a bearish trend. The MACD of -0.75 indicates Positive momentum. The RSI at 21.66 is Positive, neither overbought nor oversold. The STOCH value of 8.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for DJT.
Truth Social Risk Analysis
Truth Social disclosed 7 risk factors in its most recent earnings report. Truth Social reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskTruth Social Peers Comparison
Overall Rating
RDDT78Outperform
GOOGL73Outperform
META68.4Neutral
WB65Neutral
RUM51Neutral- DJT43Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RDDT | 78Outperform | $17.65B | 17.73 | 30.57% | ― | 62.18% | 175.50% |
| GOOGL | 73Outperform | $3.41T | 14.35 | 42.62% | 0.31% | 22.21% | 89.60% |
| META | 68Neutral | $1.57T | 20.71 | 30.27% | 0.34% | 27.53% | 28.01% |
| WB | 65Neutral | $1.51B | 4.59 | 8.15% | 9.82% | 1.59% | -14.96% |
| Sector * | 60Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% |
| RUM | 51Neutral | $2.64B | -8.98 | -29.27% | ― | 13.05% | 59.37% |
| DJT | 43Neutral | $1.55B | -1.18 | -84.13% | ― | 21.61% | -854.66% |
* Communication Services Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DJT | Trump Media & Technology Group Corp. | 5.59 | -8.93 | -61.50% | |
| META | Meta Platforms, Inc. | 614.99 | -20.56 | -3.24% | |
| GOOGL | Alphabet Inc. Class A | 279.84 | -3.14 | -1.11% | |
| WB | Weibo Corp | 6.21 | -3.91 | -38.62% | |
| RUM | Rumble Inc | 5.32 | -0.90 | -14.47% | |
| RDDT | Reddit, Inc. Class A | 91.73 | -113.25 | -55.25% |
Truth Social Corporate Events
Truth Social and TAE Advance Fusion Merger Plans
PositiveOn September 30, 2026, Trump Media & Technology Group and TAE Technologies entered into an amended and restated unsecured convertible promissory note consolidating a $200 million initial funding tranche and providing for up to an additional $100...
Truth Social Highlights Evolving API-Driven Revenue Strategy
PositiveOn August 24, 2026, Interim Chief Executive Kevin McGurn appeared on CNBC’s Squawk Box to discuss Trump Media & Technology Group’s Truth API data feed and the company’s evolving business model. He framed the API as a standard so...
Truth Social refocuses strategy on media and data
PositiveOn August 7, 2026, Trump Media & Technology Group, the parent of Truth Social, moved to refocus its strategy on its media and data operations and its planned merger with fusion energy company TAE. The shift comes under interim CEO Kevin McGurn, w...
Truth Social pivots Crypto.com deal to marketing partnership
PositiveOn August 7, 2026, Crypto.com and Trump Media & Technology Group announced that they will realign their previously planned prediction market integration into a marketing-focused partnership. Instead of building prediction markets directly into Tr...
Truth Social ends planned Crypto.com partnership deal
NegativeOn August 7, 2026, Trump Media & Technology Group, Crypto.com and Yorkville Acquisition Corp. mutually terminated their previously announced business combination that would have created Trump Media Group CRO Strategy, Inc., citing prevailing mark...
Truth Social clarifies merger plans amid regulatory scrutiny
NegativeOn August 5, 2026, Trump Media & Technology Group moved to clarify that it only endorses statements attributed directly to interim CEO Kevin McGurn in a Financial Times profile and does not adopt the publication’s wider characterizations or...
Truth Social Plans First Quarterly Earnings Conference Call
PositiveOn August 5, 2026, Trump Media & Technology Group Corp., the operator of Truth Social, Truth+ and the fintech brand Truth.Fi, announced it would hold its inaugural earnings conference call. The event was scheduled for 5:00 p.m. ET on Monday, Augu...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026