Ziff Davis, Inc. (ZD)

Ziff Davis's stock price has declined significantly over the past six months. Key events impacting the stock include earnings reports, a strategic review to unlock shareholder value, share repurchases, and AI concerns. The company reported its Q2 2025 financial results, exceeding expectations with a 9.8% year-over-year revenue increase. Q3 2025 revenues increased by a more modest 2.9% year-over-year, falling short of market expectations, and full-year guidance was reaffirmed towards the lower end of the range. In November 2025, Ziff Davis announced a strategic review to evaluate ways to unlock shareholder value. Ziff Davis has been actively repurchasing shares, deploying $44.4 million in Q3 2025 and $33.9 million in Q2 2025 for buybacks. Investor concerns regarding the potential impact of AI on traffic from Google search to Ziff Davis's sites have been noted.

Information regarding explicit demand seasonality for Ziff Davis's products and services is not directly available. The company's overall demand has been described as "soft" and "lumpy," with sales for the trailing 12 months in Q3 2025 being close to its revenue five years prior. Organic growth has often been negative, indicating a reliance on acquisitions to drive top-line growth. While certain segments may experience fluctuations, a clear, overarching seasonal pattern in demand for the entire portfolio is not explicitly highlighted.

Ziff Davis, Inc. (ZD) is a digital media and internet company focused on the Technology sector, specifically in Internet Software & Services and Interactive Media and Services. The company has over 40 leading brands across technology, shopping, gaming and entertainment, health and wellness, connectivity, cybersecurity, and martech. Key products include PCMag, Mashable, Spiceworks Ziff Davis, RetailMeNot, Offers.com, IGN, Humble Bundle, Everyday Health, Lose It!, BabyCenter, Ookla, Downdetector, VIPRE, IPVanish, Livedrive, Inspired eLearning, SugarSync, Campaigner, iContact, SMTP, Kickbox, MOZ Pro, MOZ Local, Stat Analytics, eVoice, and Line2. Ziff Davis has a history of strategic acquisitions, completing 97 acquisitions from 2013 through September 2025, deploying $3.3 billion in M&A spend.

Ziff Davis, Inc. has a global presence, with offices in North America (U.S., Canada, Mexico), Europe (UK, Finland, Ireland, Spain), and Asia (India). In the U.S., the company has offices in California, Colorado, New York, Massachusetts, North Carolina, Tennessee, Texas, and Washington.

Ziff Davis manages its brand reputation through ESG and DEI reporting. The company issued its annual ESG and DEI Reports for 2023 in April 2024, detailing its approach to key ESG topics, sustainability efforts, community contributions, and data privacy enhancements. No specific negative events significantly impacting Ziff Davis's brand reputation in the past year were identified, beyond general market sentiment affecting digital media companies.

Ziff Davis, Inc. is predominantly owned by institutional investors, who collectively hold nearly 100% of the company's stock. Major institutional shareholders include BlackRock, Inc., The Vanguard Group, Inc., Janus Henderson Group Plc, Legal & General Group Plc, and Dimensional Fund Advisors LP. The largest individual shareholder is Richard S. Ressler.