ZD

Ziff DavisB

Nasdaq / Media & Entertainment

At close

2026-07-21

Current thesis

The bull case is that the Connectivity sale closes on planned terms, capital is redeployed accretively, and the remaining portfolio stabilizes despite the weak Technology & Shopping quarter. Strength in Gaming & Entertainment, Health & Wellness, and Cybersecurity & Martech provides some evidence that the remaining asset base is not uniformly deteriorating.

Posture

Constructive

Lead driver

Value

What changed

Value remains the lead driver in the composite, 7D delta -0.5.

What can break

Continuing-operations profitability weakened sharply in Q1 2026, with operating income down to $2.9 million and operating margin down to 1.1%, showing limited cushion if softer ad-linked categories persist. [#PR-2026-05-07]

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $40.00 · Bull $48.00 · Bear $32.00

Data freshness

Prices

As of 2026-07-21

Fundamentals

As of 2026-07-20 • Vendor: Data Vendor v1

Scores

As of 2026-07-21 • Model: HYBRID_IC_RP

AI Memo

As of 2026-05-16 • Model: RankAlpha Sentiment Codex

Investment thesis

As of 2026-07-21

Supporting evidence

What

Grade B · Constructive

Confidence Medium · Net Neutral

Target $54.25

Why

Momentum85 · Δ7d +2.9

Value67 · Δ7d -0.5

Sentiment24 · Δ7d -4.9

So what

Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendFlat

Δ7d

+2.9

Δ21d

+2.1

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.5

Δ21d

+0.1

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-4.9

Δ21d

-6.0

Why this grade

Composite grade B. Momentum 85.0 / Value 67.4 / Sentiment 23.7

Fundamentals (TTM)

As of 2026-07-20

Market Cap

$2B

Beta

1.46

Shares Out

36.84M

P/E (TTM)

13.2

P/S (TTM)

0.92

P/FCF (TTM)

5.11

Rev YoY

-1.9%

EPS YoY

+4.5%

Gross Margin

+69.7%

Op Margin

+10.8%

Net Debt

$284.7M

Current Ratio

1.66

As of 2026-07-21 • Updated nightlySource: Internal modelMethodology