Zeta Global (NYSE:ZETA) Given New $29.00 Price Target at B. Riley

Zeta Global (NYSE:ZETA - Get Free Report) had its price target lowered by B. Riley from $44.00 to $29.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a "buy" rating on the stock. B. Riley's target price indicates a potential upside of 120.70% from the company's previous close. B. Riley also issued estimates for Zeta Global's Q3 2025 earnings at ($0.04) EPS, Q4 2025 earnings at $0.02 EPS and FY2026 earnings at ($0.09) EPS.

Several other equities research analysts have also commented on the stock. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. DA Davidson lowered their price target on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Canaccord Genuity Group reissued a "buy" rating and set a $28.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Truist Financial dropped their price target on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $33.29.

Zeta Global Stock Up 4.6 %

ZETA stock traded up $0.58 on Tuesday, hitting $13.14. 3,790,213 shares of the company's stock were exchanged, compared to its average volume of 5,257,223. The firm has a 50 day moving average price of $14.58 and a two-hundred day moving average price of $19.77. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. Zeta Global has a 12-month low of $10.69 and a 12-month high of $38.20. The stock has a market cap of $3.12 billion, a P/E ratio of -18.77, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29.

Hedge Funds Weigh In On Zeta Global

Several institutional investors have recently modified their holdings of ZETA. Barclays PLC boosted its holdings in Zeta Global by 36.4% in the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after purchasing an additional 112,238 shares during the period. Invst LLC acquired a new stake in Zeta Global in the 3rd quarter valued at about $959,000. Virtu Financial LLC purchased a new position in shares of Zeta Global in the 3rd quarter valued at about $757,000. Franklin Resources Inc. grew its position in shares of Zeta Global by 86.0% during the third quarter. Franklin Resources Inc. now owns 128,269 shares of the company's stock worth $3,984,000 after buying an additional 59,311 shares in the last quarter. Finally, Lord Abbett & CO. LLC increased its stake in shares of Zeta Global by 85.0% during the third quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company's stock worth $170,332,000 after buying an additional 2,623,980 shares during the period. Institutional investors and hedge funds own 87.75% of the company's stock.

Zeta Global Company Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.