Trump Media & Technology Group Could Be 85% Below Fair Value As Media Access Ruling Renews Focus

September 28, 2026 - 00:00

A federal judge's decision to restore White House access for CNN, MS NOW, and Politico has refocused attention on political media, putting Trump Media & Technology Group (DJT) and its Truth Social platform back under the spotlight.

Trump Media & Technology Group has seen its share price swing sharply, with a 22.03% 90-day share price return compared with a year-to-date share price decline of 33.62% and a 1-year total shareholder return that is down 46.01%, reflecting fading longer-term momentum.

The company remains a volatile stock tied closely to political sentiment and the public profile of its majority shareholder. Revenue has been modest relative to its market capitalization, and analysts continue to debate whether the business can grow beyond its current niche.

Some valuation models suggest the shares could be significantly overpriced. One estimate places fair value roughly 85% below recent trading levels, implying substantial downside if the market revalues the company on fundamentals rather than political momentum.

Investors are weighing whether Truth Social can expand its user base and advertising revenue, or whether the platform will remain a smaller player in a crowded social media landscape. The recent court ruling adds another layer of uncertainty to an already unpredictable story.