Zeta Global (NYSE:ZETA) Releases Quarterly Earnings Results

Zeta Global (NYSE:ZETA) issued its quarterly earnings data on Tuesday, February 24th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.05, reports. The business had revenue of $394.64 million during the quarter, compared to analyst estimates of $378.09 million. Zeta Global had a positive return on equity of 1.35% and a negative net margin of 2.42%.Zeta Global’s quarterly revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.06 EPS.

Here are the key takeaways from Zeta Global’s conference call:

• Zeta delivered its 18th consecutive beat-and-raise quarter — Q4 revenue $395M (up 28% YoY ex-acquisitions/politics), Adjusted EBITDA $95.1M (+35% YoY), reported positive GAAP net income, and raised 2026 guidance (revenue midpoint to $1.755B) while increasing Adj. EBITDA and free cash flow targets.
• Early traction for Athena is strong — GA expected by end of Q1, early users report substantial time savings and improved ROI — management modeled minimal Athena revenue into 2026, implying meaningful upside if adoption accelerates.
• Management highlights a growing data and product moat — the Supergraph (245M U.S. adults, ~1T signals) and OneZeta cross-sell are driving durable adoption, with net revenue retention at a record 120%, 602 scaled customers, and rising ARPU.
• Marigold integration is progressing as planned; management expects it to be accretive to free cash flow and Adjusted EBITDA in year one and to expand loyalty, publisher, and international capabilities that support OneZeta expansion.
• Q4 gross margin showed pressure — GAAP cost of revenue rose due to stronger social and connected-TV mix and longer agency payment cycles, producing an estimated nine-point working-capital headwind that could weigh on near-term margins.

Zeta Global Stock Performance

NYSE ZETA traded down $0.23 on Wednesday, hitting $15.70. 2,638,598 shares of the stock were exchanged, compared to its average volume of 8,893,893. The company has a market capitalization of $3.83 billion, a PE ratio of -104.63, a P/E/G ratio of 1.74 and a beta of 1.28. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 1.60. The business’s fifty day moving average is $17.52 and its 200 day moving average is $18.79. Zeta Global has a 52 week low of $10.69 and a 52 week high of $24.90.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ZETA. DA Davidson upped their price target on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Morgan Stanley increased their target price on shares of Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. Finally, The Goldman Sachs Group lifted their price target on shares of Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Nine equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Zeta Global has an average rating of “Moderate Buy” and a consensus price target of $29.00.

Institutional Investors Weigh In On Zeta Global

Institutional investors and hedge funds have recently modified their holdings of the company. DV Equities LLC bought a new position in Zeta Global during the fourth quarter worth about $29,000. Binnacle Investments Inc acquired a new stake in shares of Zeta Global in the third quarter valued at approximately $30,000. National Bank of Canada FI boosted its stake in shares of Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after acquiring an additional 1,267 shares during the period. Federation des caisses Desjardins du Quebec increased its holdings in shares of Zeta Global by 159.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,880 shares of the company’s stock worth $38,000 after acquiring an additional 1,155 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in Zeta Global by 34.2% in the 1st quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after acquiring an additional 1,168 shares during the period. 87.75% of the stock is owned by institutional investors.

Zeta Global Company Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.