Ascendiant Capital Markets Comments on BNZI Q1 Earnings

Banzai International, Inc. (NASDAQ:BNZI) – Investment analysts at Ascendiant Capital Markets issued their Q1 2027 earnings per share (EPS) estimates for Banzai International in a research note issued to investors on Monday, April 13th. Ascendiant Capital Markets analyst E. Woo forecasts that the company will post earnings per share of ($0.22) for the quarter. Ascendiant Capital Markets currently has a “Buy” rating and a $24.00 price objective on the stock. Ascendiant Capital Markets also issued estimates for Banzai International’s Q2 2027 earnings at ($0.21) EPS, Q3 2027 earnings at ($0.17) EPS, Q4 2027 earnings at ($0.14) EPS and FY2027 earnings at ($0.73) EPS.

Banzai International Trading Down 16.3%

Shares of NASDAQ:BNZI opened at $0.62 on Friday. The stock has a market capitalization of $10.89 million, a P/E ratio of -0.09 and a beta of -0.51. Banzai International has a 1-year low of $0.52 and a 1-year high of $11.60. The business has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $1.47.

Banzai International (NASDAQ:BNZI) last released its quarterly earnings results on Tuesday, March 31st. The company reported $1.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.59) by $2.38. The business had revenue of $2.81 million during the quarter, compared to analysts’ expectations of $3.19 million. Banzai International had a negative return on equity of 429.90% and a negative net margin of 184.96%.

Institutional Investors Weigh In On Banzai International

A hedge fund recently raised its stake in Banzai International stock. Geode Capital Management LLC boosted its holdings in Banzai International, Inc. (NASDAQ:BNZI) by 137.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,820 shares of the company’s stock after acquiring an additional 17,260 shares during the period. Geode Capital Management LLC owned 0.44% of Banzai International worth $29,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 96.82% of the company’s stock.

About Banzai International

Banzai International, Inc, a marketing technology company, provides data-driven marketing and sales solutions for various businesses in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its products include Demio, a browser-based webinar platform with data and marketing features designed to help businesses engage with their audience through live events and on-demand, interactive video content; Boost, a software-as-a-service (SaaS) solution for social sharing by event registrants; and Reach, a SaaS and managed service to increase registration and attendance of marketing events.