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

Zeta Global (NYSE:ZETA) had its target price lifted by investment analysts at Citigroup from $35.00 to $38.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup‘s price objective would indicate a potential upside of 8.74% from the company’s current price.

A number of other research analysts also recently weighed in on ZETA. Royal Bank Of Canada increased their target price on shares of Zeta Global from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday. Canaccord Genuity Group upped their price target on Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Friday, October 9th. Truist Financial reaffirmed a “buy” rating and set a $40.00 price objective (up from $38.00) on shares of Zeta Global in a report on Tuesday. New Street Research set a $38.00 target price on shares of Zeta Global in a research note on Friday, October 9th. Finally, The Goldman Sachs Group raised shares of Zeta Global from a “neutral” rating to a “buy” rating and boosted their price target for the company from $30.00 to $45.00 in a research report on Friday, October 16th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.88.

Zeta Global Stock Up 7.8%

Shares of ZETA traded up $2.53 during trading hours on Tuesday, reaching $34.95. 7,816,349 shares of the stock traded hands, compared to its average volume of 8,148,139. Zeta Global has a 52 week low of $14.36 and a 52 week high of $35.75. The company has a market cap of $8.77 billion, a price-to-earnings ratio of -1,749.10, a PEG ratio of 4.48 and a beta of 1.25. The stock has a fifty day simple moving average of $31.72 and a 200 day simple moving average of $22.83. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.21.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings data on Monday, November 9th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.28 by $0.10. The firm had revenue of $492.66 million during the quarter, compared to analyst estimates of $471.08 million. Zeta Global had a negative net margin of 0.15% and a positive return on equity of 5.32%. The company’s revenue for the quarter was up 46.1% on a year-over-year basis. During the same quarter last year, the business posted $0.18 EPS. On average, equities analysts forecast that Zeta Global will post 0.21 EPS for the current year.

Hedge Funds Weigh In On Zeta Global

A number of large investors have recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in Zeta Global by 47.7% in the 1st quarter. Bank of America Corp DE now owns 3,853,723 shares of the company’s stock valued at $61,351,000 after purchasing an additional 1,244,057 shares during the period. Dimensional Fund Advisors LP increased its stake in Zeta Global by 75.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,864,071 shares of the company’s stock worth $45,583,000 after acquiring an additional 1,234,412 shares during the last quarter. Russell Investments Group Ltd. raised its holdings 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 acquiring an additional 309,449 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Zeta Global by 7,696.7% during the first quarter. Principal Financial Group Inc. now owns 868,239 shares of the company’s stock worth $13,822,000 after purchasing an additional 857,103 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Zeta Global by 2.3% in the first quarter. Bank of New York Mellon Corp now owns 830,888 shares of the company’s stock valued at $13,228,000 after purchasing an additional 18,550 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors.

Key Stories Impacting Zeta Global

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

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.