DJT stock price forecast after Trump denies selling his stake

The share price of Trump Media (NASDAQ: DJT), the social media company of former U.S. President Donald Trump, is experiencing short-term positive momentum, which has piqued investors’ interest in the stock’s likely future performance.

Notably, the stock posted double-digit gains of 11%, trading at $17 in the last session on September 13. This momentum is welcome considering that DJT has seen a significant sell-off in recent weeks, plunging over 23% in the past month.

DJT’s recovery followed the presidential debate between Trump and Vice President Kamala Harris on September 10, after which the stock initially plummeted.

Investor sentiment toward the stock turned positive after Trump announced he had no intention of selling his stake in the company. Speculation about a possible sale had arisen because Trump and other executives of Truth Social’s owner, Trump Media & Technology Group, will be able to sell shares next week after the six-month lock-up period expires.

In that case, Trump could sell about 60 percent of his company shares on September 19 if the stock price stays above $12, or on September 25 if it falls below $12 per share.

DJT share price forecast

Looking ahead, Finbold consulted OpenAI’s artificial intelligence (AI) tool ChatGPT-4o for the next DJT stock price prediction. According to the AI ​​platform, Trump Media stock is likely to be influenced by several factors, including news cycles, political developments, and financial performance.

In an optimistic scenario, ChatGPT-4o noted that the stock could be positively impacted by positive news about Trump’s business, strong corporate performance, a successful election campaign and optimistic economic momentum.

The AI ​​platform predicted that with an optimistic stance, DJT could trade between $22 and $25 in the next six to twelve months.

In a neutral stance where no significant news impacts the stock, the AI ​​tool predicts that DJT is likely to trade at $17-19 over the same period.

In a bearish environment, the stock could fall to $10-$15 over the next six to twelve months. Bearish factors to watch for include Trump’s political controversies, legal challenges, or poor performance of related companies. A downturn in the overall market or profitability issues could also lead to a sharp decline.

DJT Stock Fundamentals

It is worth noting that Trump Media stocks have been influenced primarily by political developments surrounding the former president, with shares rising 60% in July following a failed assassination attempt on Trump, which increased his chances of winning the presidential election.

What is particularly striking is that the DJT value tends to rise when the chances of a second Trump term increase. In fact, after the presidential debate in September, prediction markets suggested that Trump had regained ground on Vice President Harris, leading to an increase in the DJT value of over 6%.

These fundamentals remain relevant after Trump lashed out at Nasdaq in a post on Truth Social on September 13 for halting trading in DJT while threatening to delist the stock from the New York Stock Exchange (NYSE).

However, the technical indicators currently show a bearish mood, with the sentiment of TipRanks shows a consensus of “Sell” with a rating of 12. The one-day technical consensus indicators are at 3 indicating “Sell” while the moving averages are at 9 indicating “Strong Sell”.

In summary, political developments surrounding Trump are the main driver of DJT’s performance and the outcome of the November election will have a significant impact on the stock.

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