Trump Media & Technology Group Corp. (DJT) — RQD Stock Rating Cockpit

Per the Roarable RQD rating, DJT scores 34 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars, the Fundamental Cash Engine scores 8/20, citing ROIC of -29.9% and an FCF yield of 0.88%. Whale 13F Flow scores 4/20, reflecting the institutional accumulation and options positioning category. Insider Conviction scores 7/20 based on SEC Form 4 and Congressional PTR cluster flow. Macro Regime Fit scores 8/20, with beta at 1.0 and sector sensitivity noted. Forensic Balance Sheet scores 7/20, citing an Altman Z of 0.2, a Piotroski F of 5/9, and Debt/Equity of 0.5.

For a prospective investor, the rating points to weak return on invested capital, a thin free-cash-flow yield, and a forensic balance-sheet profile that the framework treats as elevated risk. The Whale and Insider pillars are the weakest signals in the sheet, indicating limited evidence of conviction from institutional or insider flow. Upside drivers would need to come from a durable improvement in operating economics, which the current margin and ROIC figures do not yet show. Valuation tradeoffs are difficult to assess directly because forward and trailing earnings multiples are not available in the source data. Second-order risk is concentrated in the Altman Z reading, which, per the rating framework, signals financial distress risk that could amplify any adverse operating or market event.

Trump Media & Technology Group Corp. is a NASDAQ-listed issuer in the Technology sector, classified under Computer Software: Programming Data Processing. The source data does not describe its products, customers, or specific revenue-generating model. Reported revenue is $3.7M for FY 2025, per the SEC financials. Gross margin is listed at 54.5% in the market data.

Per the SEC financials, operating margin is -60% and net margin is 0%, with ROIC at -29.9% per the market data. The Altman Z-Score is 0.2 and the Piotroski F-Score is 5/9, both per the Roarable RQD rating. Debt/Equity is 0.5 per the same rating; reported debt in FY 2025 is $0.4M, and cash is $134.6M.

Per the recent news feed, two items carry a RED light with RISK WATCH labels: a Yahoo Finance report on the stock falling 5% toward $6 ahead of earnings, and a 24/7 Wall St. report on a 6% decline amid a broad selloff in high-beta stocks. A Forbes report carries a GREEN light with a CATALYST label, stating shares hit a record low and are down over 51% in a year. Three items carry YELLOW lights with MARKET WIRE labels, covering a Britannica profile, a Motley Fool buying guide, and a Barchart.com piece on the TAE merger filing. The Butterfly Supply-Chain Graph lists no supply chain and no butterfly links or proprietary signals.

Per the Butterfly Supply-Chain Graph, the supply chain is listed as NONE, with no upstream or downstream links and no proprietary signals. Sector correlation data is not provided beyond the beta of 1.0 in the market data. Per the news feed, the TAE merger is referenced as a pending item, but the source data does not describe its terms or dependencies. Investors should watch whether the merger filing and any related earnings disclosures alter the cash and debt picture reported in the SEC financials.

• What are the company's actual products, customers, and revenue drivers, given that the source data reports revenue but does not describe the business model?
• What are the terms and financial impact of the TAE merger referenced in the news feed?
• Why does net income of $0.0M in FY 2025 diverge sharply from operating income of $-573.0M, and what non-operating items account for the difference?
• What are forward earnings expectations, since trailing and forward P/E and EPS are all unavailable?
• What drove the reported FCF of $14.2M in FY 2025 against a negative operating income, and is that cash generation sustainable?