Zeta Global (NYSE:ZETA) Price Target Raised to $38.00

Zeta Global (NYSE:ZETA) had its price target boosted by equities researchers at Citigroup from $35.00 to $38.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Citigroup‘s price objective would indicate a potential upside of 8.74% from the stock’s previous close.

Several other analysts also recently weighed in on ZETA. Craig Hallum set a $38.00 price objective on Zeta Global in a research report on Monday, October 12th. Truist Financial reissued a “buy” rating and set a $40.00 price objective (up from $38.00) on shares of Zeta Global in a research report on Tuesday. New Street Research set a $38.00 target price on shares of Zeta Global in a research report on Friday, October 9th. Canaccord Genuity Group lifted their target price on shares of Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Friday, October 9th. Finally, DA Davidson boosted their price target on shares of Zeta Global from $36.00 to $38.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Twelve investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $37.88.

Zeta Global Price Performance

NYSE ZETA traded up $2.53 on Tuesday, reaching $34.95. 7,816,349 shares of the company’s stock traded hands, compared to its average volume of 8,148,139. The stock has a market cap of $8.77 billion, a PE ratio of -1,749.10, a P/E/G ratio of 4.48 and a beta of 1.25. Zeta Global has a 12 month low of $14.36 and a 12 month high of $35.75. The stock has a 50-day simple moving average of $31.72 and a 200 day simple moving average of $22.83. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.38 and a quick ratio of 2.38.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings data on Monday, November 9th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.10. Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. The company had revenue of $492.66 million during the quarter, compared to analysts’ expectations of $471.08 million. During the same quarter in the prior year, the company earned $0.18 EPS. The firm’s revenue was up 46.1% on a year-over-year basis. As a group, research analysts predict that Zeta Global will post 0.21 earnings per share for the current year.

Institutional Trading of Zeta Global

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. HighTower Advisors LLC boosted its holdings in Zeta Global by 17.1% in the third quarter. HighTower Advisors LLC now owns 25,392 shares of the company’s stock worth $802,000 after acquiring an additional 3,714 shares in the last quarter. Bessemer Group Inc. increased its stake in Zeta Global by 50.9% during the 3rd quarter. Bessemer Group Inc. now owns 1,778 shares of the company’s stock valued at $56,000 after purchasing an additional 600 shares in the last quarter. Virtus Advisers LLC raised its holdings in Zeta Global by 14.5% in the third quarter. Virtus Advisers LLC now owns 35,644 shares of the company’s stock worth $1,125,000 after buying an additional 4,511 shares during the last quarter. Diversified Trust Co grew its holdings in shares of Zeta Global by 23.2% during the third quarter. Diversified Trust Co now owns 112,790 shares of the company’s stock valued at $3,561,000 after buying an additional 21,254 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Zeta Global by 50.3% in the third quarter. Russell Investments Group Ltd. now owns 925,219 shares of the company’s stock worth $29,209,000 after purchasing an additional 309,449 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

More Zeta Global News

Here are the key news stories impacting Zeta Global this week:

• Positive Sentiment: Zeta reported Q3 adjusted EPS of $0.38, above the $0.28 consensus, and revenue of $492.66 million, topping estimates of $471.08 million and growing 46.1% year over year. The company also said it generated positive GAAP net income in the quarter and year to date. Company earnings release
• Positive Sentiment: Revenue guidance came in above expectations: Q4 revenue is forecast at $521 million–$525 million versus roughly $510 million expected. Full-year 2026 revenue guidance is about $1.9 billion, ahead of the $1.8 billion consensus. 2026 guidance report
• Positive Sentiment: Management highlighted growing adoption of its AI-powered Athena platform and expanding enterprise opportunities as drivers of growth and its higher outlook. Earnings call highlights
• Positive Sentiment: RBC raised its target to $41 and maintained an “outperform” rating; B. Riley raised its target to $39 and reiterated “buy,” signaling continued analyst optimism. RBC rating
• Negative Sentiment: The company forecast full-year GAAP EPS of $0.22–$0.24, below the cited $0.80 consensus. That comparison could be a concern, although the figures may use different accounting bases; investors should distinguish GAAP from adjusted EPS. EPS guidance report

Zeta Global Company Profile

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.