What is DJT Stock?
DJT is the ticker symbol for Trump Media & Technology Group (TMTG), the company behind Truth Social, the social media platform launched by former President Donald Trump. The company also operates Truth+, a streaming service, and Truth.Fi, a fintech initiative. Since its public debut in March 2024 through a SPAC merger, DJT has been a highly volatile stock often described as a "meme stock" due to its popularity among retail investors and Trump supporters.
Despite its popularity, DJT's fundamentals have been questioned by analysts due to limited revenue streams and significant operational losses. The company reported revenues of less than $4 million in 2024 with a net loss of approximately $401 million.
Latest News on DJT Stock
Potential Stock Sales by Trump's Trust
On April 2, 2025, Trump Media filed paperwork with the SEC that could allow the Donald J. Trump Revocable Trust to sell up to 115 million shares worth over $2.3 billion. This announcement caused DJT shares to drop nearly 7% in premarket trading as investors feared a potential sell-off could significantly impact the stock price.
The filing does not guarantee that shares will be sold but opens the door for such transactions. President Trump has stated he does not currently intend to sell his holdings.
Dual Listing on NYSE Texas
On March 31, 2025, DJT became the first company to list on the newly launched NYSE Texas exchange while maintaining its primary listing on NASDAQ. This move aligns with TMTG's strategy to expand its business in pro-business states like Texas and Florida.
Truth Social Expansion
TMTG recently announced that its streaming service Truth+ is now available on Roku devices. Additionally, the company plans to launch America-first ETFs through a partnership with Crypto.com as part of its diversification strategy.
DJT Stock Performance and Analysis
As of April 2, 2025, DJT is trading at $20.26 per share—down significantly from its peak of $97.54 in 2022 but showing some recovery from a low of $11.75 in late 2024. The stock remains highly volatile due to speculation around Trump's political prospects and business developments.
- 52-Week Range: $11.75 - $56.55
- Market Cap: $4.31 billion
- Short Interest: 5.47%
- Revenue Growth (YoY): -12.40%
Analyst Predictions
Analysts are divided on DJT's future performance:
- Bullish Case: Optimistic forecasts suggest DJT could reach an average price of $231.84 by December 2025 if Truth Social gains traction and new ventures succeed.
- Bearish Case: Critics argue that TMTG’s limited revenue streams and high cash burn rate make it overvalued at current levels.
The Road Ahead
The future of DJT stock largely depends on several factors:
- The success of Truth Social and other TMTG ventures like Truth+ and Truth.Fi.
- The outcome of potential insider stock sales by Trump's trust or other major stakeholders.
- The political climate surrounding Donald Trump’s influence as he campaigns for re-election in 2028.
- The company’s ability to pivot into profitable sectors like financial services or streaming content.
While DJT remains a speculative investment driven by social media buzz and political sentiment, it continues to attract attention from both retail investors and analysts alike.