NYSE:ZEN

Zendesk Stock Forecast, Price & News

$143.34

-2.89 (-1.98 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$141.72

Now: $143.34▼

$148.16

50-Day Range

$131.36

MA: $140.47▼

$152.66

52-Week Range

$50.23

Now: $143.34▼

$154.24

Volume1.42 million shs

Average Volume1.65 million shs

Market Capitalization$16.72 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.27

Zendesk, Inc., a software development company, provides software as a service solutions for organizations in North America, Latin America, Europe, the Middle East, Africa, Australia, and the Asia Pacific. Its flagship product is Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. The company also offers Zendesk Chat, a live chat software to connect with customers on Websites, applications, and mobile devices; Zendesk Talk, a cloud-based call center software; Zendesk Guide, a knowledge base that powers customer self-service and support agent productivity; Zendesk Sell, a sales customer relationship management (CRM) product solution to enhance productivity, processes, and pipeline visibility for sales teams; and Zendesk Explore, which provides analytics for organizations to measure and enhance the customer experience. In addition, it provides Zendesk Sunshine, a CRM platform; Sunshine Conversations, a messaging platform solution; Zendesk Embeddables, which allow developers to embed support, chat, and guide experiences on the Web and mobile applications; and Zendesk application platform interfaces and Apps. Zendesk, Inc. has a strategic alliance with Tata Consultancy Services to provide enterprise grade CRM solutions for enterprises. The company was founded in 2007 and is headquartered in San Francisco, California.

MarketRank^™

Overall MarketRank^™

1.66 out of 5 stars

Computer And Technology Sector

194th out of 1,259 stocks

Data Processing & Preparation Industry

10th out of 79 stocks

2.4 Analyst's Opinion

Consensus Rating
Zendesk has received a consensus rating of Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $120.94, Zendesk has a forecasted downside of 15.6% from its current price of $143.34.
Amount of Analyst Coverage
Zendesk has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.6 Community Rank

Outperform Votes
Zendesk has received 871 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Zendesk has received 339 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Zendesk has received 71.98% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Zendesk and other stocks. Vote “Outperform” if you believe ZEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ZEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Zendesk does not currently pay a dividend.
Dividend Growth
Zendesk does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Zendesk insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,273,990.00 in company stock.
Percentage Held by Insiders
Only 4.30% of the stock of Zendesk is held by insiders.
Percentage Held by Institutions
97.39% of the stock of Zendesk is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Zendesk are expected to grow in the coming year, from ($0.68) to ($0.53) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Zendesk is -91.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Zendesk is -91.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Zendesk has a P/B Ratio of 35.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Data processing & preparation

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:ZEN

Previous Symbol

CUSIPN/A

CIK1463172

Webwww.zendesk.com

Phone415-418-7506

Employees3,980

Debt

Debt-to-Equity Ratio2.54

Current Ratio2.73

Quick Ratio2.73

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$816.42 million

Price / Sales20.49

Cash FlowN/A

Price / Cash FlowN/A

Book Value$4.08 per share

Price / Book35.13

Profitability

EPS (Most Recent Fiscal Year)($1.19)

Net Income$-169,650,000.00

Net Margins-19.24%

Return on Equity-22.55%

Return on Assets-6.13%

Miscellaneous

Outstanding Shares116,677,000

Market Cap$16.72 billion

Next Earnings Date2/4/2021 (Confirmed)

OptionableOptionable

$143.34

-2.89 (-1.98 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Zendesk (NYSE:ZEN) Frequently Asked Questions

How has Zendesk's stock been impacted by COVID-19 (Coronavirus)?

Zendesk's stock was trading at $65.70 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ZEN shares have increased by 118.2% and is now trading at $143.34.
View which stocks have been most impacted by COVID-19.

Is Zendesk a buy right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Zendesk in the last year. There are currently 3 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Zendesk stock.
View analyst ratings for Zendesk or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Zendesk?

Wall Street analysts have given Zendesk a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Zendesk wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Zendesk's next earnings date?

Zendesk is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Zendesk.

How can I listen to Zendesk's earnings call?

Zendesk will be holding an earnings conference call on Thursday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Zendesk's earnings last quarter?

Zendesk, Inc. (NYSE:ZEN) posted its quarterly earnings data on Thursday, October, 29th. The software maker reported $0.17 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.06. The software maker had revenue of $261.93 million for the quarter, compared to analyst estimates of $253.77 million. Zendesk had a negative return on equity of 22.55% and a negative net margin of 19.24%. The company's revenue was up 24.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS.
View Zendesk's earnings history.

What guidance has Zendesk issued on next quarter's earnings?

Zendesk issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, October, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $274-279 million, compared to the consensus revenue estimate of $273.57 million.

What price target have analysts set for ZEN?

16 brokers have issued 1 year price targets for Zendesk's shares. Their forecasts range from $82.00 to $165.00. On average, they expect Zendesk's share price to reach $120.94 in the next twelve months. This suggests that the stock has a possible downside of 15.6%.
View analysts' price targets for Zendesk or view Wall Street analyst' top-rated stocks.

Are investors shorting Zendesk?

Zendesk saw a decline in short interest in the month of December. As of December 31st, there was short interest totaling 7,640,000 shares, a decline of 15.5% from the December 15th total of 9,040,000 shares. Based on an average trading volume of 1,420,000 shares, the short-interest ratio is currently 5.4 days.
View Zendesk's Short Interest.

Who are some of Zendesk's key competitors?

Some companies that are related to Zendesk include Workday (WDAY), Bilibili (BILI), RingCentral (RNG), Verisk Analytics (VRSK), StoneCo (STNE), Clarivate (CCC), PagSeguro Digital (PAGS), GoodRx (GDRX), Autohome (ATHM), Five9 (FIVN), Pegasystems (PEGA), Zynga (ZNGA), Globant (GLOB), Proofpoint (PFPT) and Change Healthcare (CHNG).
View all of ZEN's competitors.

What other stocks do shareholders of Zendesk own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Zendesk investors own include NVIDIA (NVDA), Square (SQ), salesforce.com (CRM), Twilio (TWLO), Shopify (SHOP), The Walt Disney (DIS), Netflix (NFLX), Okta (OKTA), The Trade Desk (TTD) and Tesla (TSLA).

Who are Zendesk's key executives?

Zendesk's management team includes the following people:

Mr. Mikkel Asger Svane, Founder, Chairman & CEO (Age 50, Pay $1.03M)
Ms. Elena Gomez, Chief Financial Officer (Age 51, Pay $777.64k)
Mr. Norman Gennaro, Pres of Sales (Age 55, Pay $794.04k)
Mr. Adrian McDermott, Pres of Products (Age 52, Pay $664.91k)
Mr. Alexander Aghassipour, Founder & Chief Product Officer (Age 53)
Mr. Morten Primdahl, Co-Founder (Age 47)
Ms. Ying Liu, Chief Accounting Officer
Ms. Colleen Berube, Chief Information Officer
Mr. Marc Cabi, VP of Strategy & Head of Investor Relations
Mr. John M. Geschke Esq., Chief Legal Officer & Chief of Staff (Age 50)

What is Zendesk's stock symbol?

Zendesk trades on the New York Stock Exchange (NYSE) under the ticker symbol "ZEN."

Who are Zendesk's major shareholders?

Zendesk's stock is owned by a number of institutional and retail investors. Top institutional investors include Ardevora Asset Management LLP (0.39%), CHURCHILL MANAGEMENT Corp (0.06%), IFM Investors Pty Ltd (0.01%), Bogart Wealth LLC (0.01%), Diversified Trust Co (0.00%) and First Hawaiian Bank (0.00%). Company insiders that own Zendesk stock include Adrian Mcdermott, Carl Bass, Caryn Marooney, Elena Gomez, Elizabeth A Nelson, Inamarie Johnson, Jeffrey J Titterton, John Geschke, John T Keiser, L Michelle Wilson, Mikkel Svane, Norman Gennaro and Ying Christina Liu.
View institutional ownership trends for Zendesk.

Which major investors are selling Zendesk stock?

ZEN stock was sold by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, CHURCHILL MANAGEMENT Corp, Sowell Financial Services LLC, Kovack Advisors Inc., and First Hawaiian Bank. Company insiders that have sold Zendesk company stock in the last year include Adrian Mcdermott, Carl Bass, Caryn Marooney, Elena Gomez, Inamarie Johnson, Jeffrey J Titterton, John Geschke, John T Keiser, L Michelle Wilson, Mikkel Svane, Norman Gennaro, and Ying Christina Liu.
View insider buying and selling activity for Zendesk or view top insider-selling stocks.

Which major investors are buying Zendesk stock?

ZEN stock was purchased by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, Redpoint Investment Management Pty Ltd, Sheets Smith Wealth Management, Bogart Wealth LLC, and Diversified Trust Co.
View insider buying and selling activity for Zendesk or or view top insider-buying stocks.

How do I buy shares of Zendesk?

Shares of ZEN 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.

What is Zendesk's stock price today?

One share of ZEN stock can currently be purchased for approximately $143.34.

How big of a company is Zendesk?

Zendesk has a market capitalization of $16.72 billion and generates $816.42 million in revenue each year. The software maker earns $-169,650,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. Zendesk employs 3,980 workers across the globe.

What is Zendesk's official website?

The official website for Zendesk is www.zendesk.com.

How can I contact Zendesk?

Zendesk's mailing address is 1019 Market Street, San Francisco CA, 94103. The software maker can be reached via phone at 415-418-7506 or via email at [email protected]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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