DZS (DZSI) Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DZS in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DZSI shares.
View DZSI analyst ratings or view top-rated stocks.

5 brokers have issued twelve-month price objectives for DZS's shares. Their DZSI share price forecasts range from $16.00 to $35.00. On average, they predict the company's share price to reach $22.57 in the next year. This suggests a possible upside of 241.0% from the stock's current price.
View analysts price targets for DZSI or view top-rated stocks among Wall Street analysts.

DZS's stock was trading at $12.68 at the start of the year. Since then, DZSI stock has decreased by 47.8% and is now trading at $6.62.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023.
View our DZSI earnings forecast.

DZS Inc. (NASDAQ:DZSI) posted its quarterly earnings data on Sunday, October, 31st. The communications equipment provider reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.19. The communications equipment provider earned $88.41 million during the quarter, compared to analyst estimates of $86.80 million. DZS had a negative trailing twelve-month return on equity of 14.49% and a negative net margin of 13.23%. During the same quarter in the previous year, the company earned $0.20 earnings per share.

ETFs with the largest weight of DZS (NASDAQ:DZSI) stock in their portfolio include iShares North American Tech-Multimedia Networking ETF (IGN).Defiance Next Gen Connectivity ETF (FIVG).

DZS's stock reverse split on the morning of Wednesday, March 1st 2017. The 1-5 reverse split was announced on Tuesday, February 28th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, February 28th 2017. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

DZS issued an update on its second quarter 2023 earnings guidance on Monday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $90.00 million-$95.00 million, compared to the consensus revenue estimate of $103.15 million.

21 employees have rated DZS Chief Executive Officer Charlie Vogt on Glassdoor.com. Charlie Vogt has an approval rating of 56% among the company's employees. This puts Charlie Vogt in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at DZS to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other DZS investors own include Cerus (CERS), Glu Mobile (GLUU), Revolution Lighting Technologies (RVLT), Veru (VERU), Applied Genetic Technologies (AGTC), Amarin (AMRN), Himax Technologies (HIMX), Inovio Pharmaceuticals (INO), Identiv (INVE) and Adaptimmune Therapeutics (ADAP).

DZS trades on the NASDAQ under the ticker symbol "DZSI."

DZS's stock is owned by many different institutional and retail investors. Top institutional investors include Royce & Associates LP (4.52%), BlackRock Inc. (3.96%), Dimensional Fund Advisors LP (1.67%), First Washington CORP (1.65%), AIGH Capital Management LLC (1.51%) and Geode Capital Management LLC (1.24%).
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Shares of DZSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DZSI stock can currently be purchased for approximately $6.62.

DZS (NASDAQ:DZSI) has a market capitalization of $206.28 million and generates $375.69 million in revenue each year. The communications equipment provider earns $-37,430,000.00 in net income (profit) each year or ($1.76) on an earnings per share basis.

The company employs 840 workers across the globe.

DZS's mailing address is 5700 Tennyson Parkway Suite 400, Plano TX, 75024. The official website for the company is www.dasanzhone.com. The communications equipment provider can be reached via phone at (469) 327-1531, via email at investor-relations@dasanzhone.com, or via fax at 510-777-7001.