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Trump Media & Technology Group Corp. (DJT)

Communication Services Out of favour

Trump Media & Technology Group operates Truth Social, a social media platform designed to be a space for open conversation without political censorship.

$8.66

Is Trump Media & Technology Group Corp. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong brand recognition linked to a high-profile figure. Worth weighing: Very high valuation relative to current sales.

No rating · no target price · nothing for sale here
Price-65.2%
Priced in USD. As a UK investor your £ return also moves with the pound-to-dollar exchange rate, even inside an ISA - a stronger pound can trim your £ gains and a weaker pound can add to them, whatever the share price itself does.
52-week range-44% past year
$8.66
Low $6.96High $18.97
Where today's price sits versus its past year - context, not a signal.

Is this normal for this company?

Each figure against the range this same company has produced recently. Neither end of a range is the good end.

Net profit margin
-46581.0%now
-60241.2%-2262.2%

Profit as a share of sales, from the company's own quarterly statements. The range covers the 5 quarters we hold, and the figure shown is its most recent one.

How these ranges are built

Every number here is the company's own reported figure, not a comparison with other companies. The ranges come from this company's own results and its share price. Where it reports in a different currency from the one its shares trade in, the price-to-earnings range is left out rather than mixing the two.

What does Trump Media & Technology Group Corp. do?

The company primarily makes money through advertising on its Truth Social platform, which was built as an alternative to mainstream social media sites. Because it is a relatively new business, it is currently focused on growing its user base rather than turning a profit. It comes down to how many people actually use the platform, since that dictates its ability to attract advertisers and generate meaningful income.

On our factor screen it looks strongest on growth and value, and weakest on momentum.

Quick checks
What's strong
  • Growth screens high
What to watch
  • Quality screens low
  • Momentum screens low
  • Income screens low

Does Trump Media & Technology Group Corp. pay a dividend?

No - Trump Media & Technology Group Corp. doesn't currently pay a dividend, so the whole return would rest on the share price. Plenty of growing companies reinvest their profits instead of paying them out - neither approach is better or worse, they're just different.

Does Trump Media & Technology Group Corp. have more cash or more debt?

It holds about $905.11M in cash against about $973.26M of debt - so it has net debt of about $68.15M. Debt is not automatically a problem - it funds growth - but it has to be serviced and repaid, which matters more when profits wobble.

From the latest reported balance sheet. Cash and debt levels change, and some borrowing is normal - this is context, not a judgment.

What do Trump Media & Technology Group Corp.'s numbers mean?

P/S
Not meaningful
Sales are tiny or close to zero, so this multiple balloons. It usually means the company is pre-revenue rather than expensive in any ordinary sense.
Beta
4.1
This measures how much the share price swings compared to the wider market; a number this high means the price can be extremely volatile and move much more sharply than average stocks.
Return on equity
-78.9%
This indicates that the company is currently spending more money than it generates, resulting in a negative return on the capital invested by shareholders.
Lower than most of the 51 Communication Services shares we cover

How has it performed?

Growth of £1,000, the worst fall, and year by year
If you had put $1,000 into Trump Media & Technology Group Corp.
$348-65%

Over about 2 years to 2026-09-11. This is the share price only; any dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Trump Media & Technology Group Corp. actually fallen?

−86%

Over the last 2 years of daily prices, Trump Media & Technology Group Corp. fell as much as −86% from a high to a later low. Falls like this are normal when you own a share.

Past falls are not a forecast - it can fall further, or recover.

How has it done year by year?

2022-71%
2023+17%
2024+95%
2025-61%
2026 so far-33%

Calendar-year total return - the share price with dividends reinvested - from adjusted closing prices. The current year is only part-complete. Past returns are not a guide to the future.

A closer look at the numbers

Ownership, earnings history, where the money goes, and the outlook range
Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$2.47B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
4.78M
Day range: The lowest and highest price the shares traded at during the latest day.
$8.66 – $8.95
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$6.96 – $18.97

Does the share price tell you if it's cheap or expensive?

One share costs$8.66
Number of shares285 million
So the whole company is worth$2.47bn
A £5 share is not cheaper than a £500 one - it means the company cut itself into more slices. Whether the total looks high or low is what the figures below are for; we don't give a verdict.

Who owns Trump Media & Technology Group Corp.?

Big institutions 21%Company insiders 43%Public & smaller investors 36%

About 21% of Trump Media & Technology Group Corp., or about 21 in every 100 shares, is held by big institutions such as pension and index funds, and company insiders hold about 43%. The rest, roughly 36%, is held by the public and smaller investors.

What this does and doesn't tell you

This is a recent snapshot of the share register, and it moves. We don't read anything into who owns what - a high institutional share is common for any large listed company and is not a signal about it.

Why has it been moving?▲ +1% past week · ▼ -44% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

How much money does Trump Media & Technology Group Corp. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$251.30K$502.60K$753.90K$1.01MQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
33.7%
Net margin
0.0%
Return on equity
-78.9%

When does Trump Media & Technology Group Corp. report earnings, and how did recent quarters go?

Trump Media & Technology Group Corp. is next scheduled to report on about 2026-11-06 - dates can move, and we don't predict results; this just tells you when to look.

‘Beat’ and ‘missed’ are against what analysts expected, not whether the business is doing well.

See who else reports over the next two weeks →

Where these figures come from

Each quarter a company reports its results against a consensus of analyst forecasts. The figures here are reported versus expected earnings per share from published results; the expectation is that analyst consensus, not our view. Report dates are estimates and can move.

What are the scenarios for Trump Media & Technology Group Corp.?

An illustrative range for the year ahead — not a prediction or a price target.

◀ lowerhigher ▶todayBull▲ UpsideBase• In-lineBear▼ Downside
Bull
+15% to +30%A sudden surge in platform engagement or high-profile user sign-ups.
Base
-5% to +5%Steady, quiet platform usage with no major news.
Bear
-20% to -40%A decline in active users or negative publicity affecting the brand.

What are the pros, cons and common questions?

The case each way, and the questions people ask
The bull case

The platform becomes a permanent, profitable fixture in the media landscape.

The bear case

The platform fails to attract enough advertisers to cover its operating costs.

What are the pros and cons of Trump Media & Technology Group Corp.?

3bull points
6bear points

A balance check, not a score or verdict.

The bull case3
  • Strong brand recognition linked to a high-profile figure
  • Dedicated and loyal user base
  • Clear focus on a specific market niche
The catch3
  • Very high valuation relative to current sales
  • Lack of consistent profitability
  • High sensitivity to political events
Key risks3
  • Extreme share price volatility
  • Dependence on a single platform for all revenue
  • Potential for rapid changes in user sentiment
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

  • A sustained period of positive net income
  • A significant drop in the stock's beta, indicating less volatility

Common questions about Trump Media & Technology Group Corp.

Does Trump Media & Technology Group Corp. pay a dividend?

No - Trump Media & Technology Group Corp. does not currently pay a dividend, so the return would rest on the share price. Many growing companies reinvest profits instead of paying them out.

When does Trump Media & Technology Group Corp. report earnings next?

Trump Media & Technology Group Corp. is next scheduled to report results on about 2026-11-06. Report dates are estimates and can move; this is a diary note for when to look, not a forecast of the outcome.

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Confidence: medium · data: USD · flags: pe, forward_pe, earnings_growth · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Prices as of 11 Sep 2026; other figures as of 11 Aug 2026. Prices may be delayed and numbers can go stale - always double-check before acting.