Zeta Global (NYSE:ZETA – Get Free Report) had its target price boosted by stock analysts at Royal Bank Of Canada from $40.00 to $41.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target would suggest a potential upside of 26.72% from the company’s current price.
A number of other brokerages have also issued reports on ZETA. Canaccord Genuity Group increased their target price on shares of Zeta Global from $30.00 to $37.00 and gave the stock a “buy” rating in a research report on Friday, October 9th. Needham & Company LLC reiterated a “buy” rating on shares of Zeta Global in a research report on Tuesday. William Blair set a $29.00 price target on Zeta Global in a research note on Thursday, August 6th. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Finally, The Goldman Sachs Group upgraded Zeta Global from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $30.00 to $45.00 in a research note on Friday, October 16th. Twelve equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zeta Global currently has an average rating of “Moderate Buy” and an average price target of $37.25.
View Our Latest Report on Zeta Global
Zeta Global Stock Performance
Shares of NYSE ZETA opened at $32.36 on Tuesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.38 and a quick ratio of 2.38. The firm has a market cap of $8.12 billion, a price-to-earnings ratio of -1,617.80, a P/E/G ratio of 4.48 and a beta of 1.25. The stock’s fifty day moving average price is $31.72 and its two-hundred day moving average price is $22.83. Zeta Global has a one year low of $14.36 and a one year high of $35.75.
Zeta Global (NYSE:ZETA – Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.10. The company had revenue of $492.66 million during the quarter, compared to the consensus estimate of $471.08 million. Zeta Global had a positive return on equity of 5.32% and a negative net margin of 0.15%. The company’s revenue was up 46.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.18 earnings per share. On average, equities analysts forecast that Zeta Global will post 0.21 EPS for the current year.
Hedge Funds Weigh In On Zeta Global
Several hedge funds and other institutional investors have recently made changes to their positions in ZETA. Bank of America Corp DE boosted its position in shares of Zeta Global by 47.7% during the 1st quarter. Bank of America Corp DE now owns 3,853,723 shares of the company’s stock worth $61,351,000 after acquiring an additional 1,244,057 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Zeta Global by 75.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,864,071 shares of the company’s stock valued at $45,583,000 after purchasing an additional 1,234,412 shares during the last quarter. Russell Investments Group Ltd. increased its stake in shares of Zeta Global by 50.3% in the 3rd quarter. Russell Investments Group Ltd. now owns 925,219 shares of the company’s stock valued at $29,209,000 after purchasing an additional 309,449 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Zeta Global by 7,696.7% during the 1st quarter. Principal Financial Group Inc. now owns 868,239 shares of the company’s stock worth $13,822,000 after buying an additional 857,103 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Zeta Global by 2.3% during the 1st quarter. Bank of New York Mellon Corp now owns 830,888 shares of the company’s stock worth $13,228,000 after buying an additional 18,550 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Zeta Global
Here are the key news stories impacting Zeta Global this week:
- Positive Sentiment: Q3 results topped expectations: Zeta reported adjusted earnings of $0.38 per share, versus the $0.28 consensus, and revenue of $492.66 million, above estimates of $471.08 million. Revenue grew 46.1% year over year. Zacks Q3 results
- Positive Sentiment: 2026 outlook raised: The company lifted the midpoint of its full-year revenue guidance to $1.855 billion and projected GAAP EPS of $0.23. It expects fourth-quarter revenue of $521 million to $525 million. Higher guidance signals management’s confidence in continued growth. 2026 guidance
- Positive Sentiment: Profitability milestone: Zeta said it generated positive GAAP net income in Q3 and year to date, reinforcing the earnings beat and growth outlook. Company earnings announcement
About Zeta Global
Zeta Global is a marketing technology company that helps businesses use consumer data and artificial intelligence to plan and deliver digital marketing. Its platform combines data, analytics and campaign tools to help organizations identify audiences and engage customers throughout the marketing lifecycle.
The company’s products support marketing activities such as customer acquisition, engagement and retention across channels including email, mobile, social media and the web. Zeta’s offerings include its Zeta Marketing Platform and the Zeta Data Cloud, which help clients manage audience insights and coordinate campaigns.
Founded in 2007 and headquartered in New York, Zeta Global serves businesses in multiple markets.
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