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

Zeta Global (NYSE:ZETA) had its target price raised by Citigroup from $35.00 to $38.00 in a research note issued to investors on Tuesday,Benzinga reports. Citigroup currently has a buy rating on the stock.

A number of other analysts have also recently issued reports on ZETA. The Goldman Sachs Group upgraded Zeta Global from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $30.00 to $45.00 in a report on Friday, October 16th. Wall Street Zen raised shares of Zeta Global from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. B. Riley Financial raised their price target on shares of Zeta Global from $38.00 to $39.00 and gave the company a “buy” rating in a report on Tuesday. New Street Research set a $38.00 price target on shares of Zeta Global in a report on Friday, October 9th. Finally, Royal Bank Of Canada lifted their price target on shares of Zeta Global from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Tuesday. Twelve equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Zeta Global currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.25.

Zeta Global Price Performance

ZETA stock opened at $37.35 on Tuesday. The stock has a 50-day moving average price of $32.06 and a two-hundred day moving average price of $23.06. Zeta Global has a 12-month low of $14.36 and a 12-month high of $38.46. The company has a current ratio of 2.30, a quick ratio of 2.38 and a debt-to-equity ratio of 0.24. The company has a market cap of $9.37 billion, a PE ratio of 266.78, a price-to-earnings-growth ratio of 3.59 and a beta of 1.25.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings results on Monday, November 9th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.28 by $0.10. The company had revenue of $492.66 million during the quarter, compared to analyst estimates of $471.08 million. Zeta Global had a return on equity of 10.87% and a net margin of 2.30%. The firm’s revenue was up 46.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.18 earnings per share. As a group, research analysts predict that Zeta Global will post 0.28 EPS for the current year.

Institutional Investors Weigh In On Zeta Global

A number of large investors have recently added to or reduced their stakes in the company. Financial Management Professionals Inc. increased its stake in Zeta Global by 45.0% during the 3rd quarter. Financial Management Professionals Inc. now owns 1,025 shares of the company’s stock worth $32,000 after buying an additional 318 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Zeta Global by 204.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock worth $33,000 after buying an additional 1,406 shares in the last quarter. Cornerstone Planning Group LLC boosted its position in Zeta Global by 66.7% in the 1st quarter. Cornerstone Planning Group LLC now owns 2,167 shares of the company’s stock valued at $34,000 after buying an additional 867 shares during the last quarter. Signaturefd LLC boosted its position in Zeta Global by 121.6% in the 3rd quarter. Signaturefd LLC now owns 1,148 shares of the company’s stock valued at $36,000 after buying an additional 630 shares during the last quarter. Finally, GK Wealth Management LLC purchased a new position in Zeta Global in the 3rd quarter valued at about $37,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global News Summary

Here’s some of the latest news about ZETA:

• Positive Sentiment: AI adoption and cash generation support the growth case. Recent coverage highlights rising use of Zeta’s Athena AI platform, accelerating organic growth and strong cash flow—factors that could sustain expansion if execution continues. Is ZETA a Buy as Growth Surges While Its Valuation Stays Expensive?
• Positive Sentiment: Some analysts remain constructive. RBC reaffirmed its Buy rating, while reports also cite favorable forecasts from Citigroup and B. Riley. RBC Capital Reaffirms Buy Rating
• Neutral Sentiment: Commentary suggests investors may look beyond earnings calls to indicators of AI-driven demand, while another analysis advocates staying invested in the company’s growth story. These are investment opinions rather than new company disclosures. AI Economy Signals Could Matter More Than Earnings Calls

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.