Zeta Global (NYSE:ZETA) Hits New 1-Year High Following Analyst Upgrade

Key Points

• Zeta Global reached a new 52-week high after Citigroup raised its price target from $35 to $38 and maintained a Buy rating.
• Third-quarter results beat expectations: EPS was $0.38 versus $0.28 forecast, and revenue of $492.66 million exceeded estimates by about $21.6 million, rising 46.1% year over year. Management also issued revenue guidance above analyst consensus for the fourth quarter and 2026.
• Growth prospects were supported by AI adoption and enterprise demand, including increased use of Zeta’s Athena platform and a more than 100% year-over-year rise in third-quarter requests for proposals.

Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday after Citigroup raised their price target on the stock from $35.00 to $38.00. Citigroup currently has a buy rating on the stock. Zeta Global traded as high as $35.99 and last traded at $36.7650, with a volume of 106,930 shares traded. The stock had previously closed at $35.07.

Several other research firms have also recently commented on ZETA. William Blair set a $29.00 target price on Zeta Global in a research note on Thursday, August 6th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Zeta Global in a research note on Thursday, October 15th. Truist Financial reissued 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, DA Davidson increased their price target on shares of Zeta Global from $36.00 to $38.00 and gave the stock 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. According to MarketBeat.com, Zeta Global has a consensus rating of "Moderate Buy" and an average price target of $37.88.

Key Stories Impacting Zeta Global

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

• Positive Sentiment: Quarterly results topped expectations. Zeta reported third-quarter EPS of $0.38 versus the $0.28 consensus and revenue of $492.66 million versus estimates of $471.08 million. Revenue grew 46.1% year over year, and the company reported positive GAAP net income. Zeta Global tops Q3 earnings and revenue estimates
• Positive Sentiment: Management raised its outlook. Zeta set fourth-quarter revenue guidance at $521–$525 million, above the roughly $510 million consensus, and raised its 2026 revenue outlook to about $1.855 billion, compared with analyst expectations of around $1.8 billion. Three takeaways for long-term investors
• Positive Sentiment: AI adoption and enterprise demand are growth drivers. Coverage highlighted increased use of Zeta’s AI-powered Athena platform and a more than 100% year-over-year increase in third-quarter requests for proposals, suggesting expanding sales opportunities. Q3 call highlights AI growth and higher outlook
• Positive Sentiment: Analysts raised price targets and maintained favorable ratings. B. Riley lifted its target to $39 and Citi to $38, both with Buy ratings; RBC raised its target to $41 and kept an Outperform rating. B. Riley raises Zeta price target
• Neutral Sentiment: Call-option buying was about 31% above its average daily volume. This may reflect bullish positioning, but options activity alone does not establish the direction of future shares. Report on unusually high call-option buying

Hedge Funds Weigh In On Zeta Global

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in Zeta Global by 47.7% during the first quarter. Bank of America Corp DE now owns 3,853,723 shares of the company's stock worth $61,351,000 after purchasing an additional 1,244,057 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Zeta Global by 75.7% in the first quarter. Dimensional Fund Advisors LP now owns 2,864,071 shares of the company's stock worth $45,583,000 after buying an additional 1,234,412 shares during the last quarter. Principal Financial Group Inc. grew its position in Zeta Global by 7,696.7% in the first 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 during the last quarter. Tidal Investments LLC acquired a new position in Zeta Global in the second quarter worth approximately $8,380,000. Finally, Summit Creek Advisors LLC bought a new position in shares of Zeta Global in the second quarter valued at $6,338,000. 87.75% of the stock is owned by institutional investors.

Zeta Global Trading Up 7.2%

The firm has a market capitalization of $9.44 billion, a P/E ratio of 261.09, a price-to-earnings-growth ratio of 4.58 and a beta of 1.25. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a 50 day moving average price of $31.80 and a two-hundred day moving average price of $22.90.

Zeta Global (NYSE:ZETA - Get Free Report) last announced its earnings results on Monday, November 9th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.10. The company had revenue of $492.66 million for the quarter, compared to analyst estimates of $471.08 million. Zeta Global had a return on equity of 11.27% and a net margin of 2.30%. Zeta Global's revenue for the quarter was up 46.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.18 earnings per share. On average, equities research analysts expect that Zeta Global Holdings Corp. will post 0.21 EPS for the current fiscal year.

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.

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