Lumida
/ZETA
⌘K
Zeta Global Holdings Corp

Zeta Global Holdings Corp

ZETA
$21.68USD↑+1.31%+0.28 today

MARKET CAP

5.4B

P/E (TTM)

27.4x

FWD P/E

20.4x

DAY RANGE

$21 – $22

52W RANGE

$14
$26

AI Summary

Stalk
Buy NowMedium

ZETA remains in a healthy Stage 2 advance, evidenced by clear higher highs and higher lows with price holding above rising 9 and 21 EMAs. The recent pullback into the EMA zone was absorbed on moderate volume, reinforcing demand. Short-term conditions favor immediate participation on shallow pullbacks into the 21.1–21.6 support area, so we Buy Now in line with the bullish medium-term bias.

  • ↑Revenue +50% YoY to $396 M in Q1 2026, adj. EBITDA +42% to $66 M.
  • ↑Net revenue retention >110%; super-scaled customer usage up 50% YoY.
  • ↓Analyst revisions trending down, suggesting potential EPS disappointments.
Full analysis →

The case for & against

Bull & Bear analysis

Bearish

Zeta Global Holdings Corp. (NASDAQ: ZETA) is a prominent player in the marketing technology sector, leveraging AI-driven solutions to optimize marketing outcomes for enterprise clients. Zeta provides a comprehensive platform that integrates data analytics and cross-channel marketing, focusing on enhancing customer engagement and driving significant returns on investment. The company's recent strategic initiatives, including the launch of the Athena platform and the acquisition of Marigold, position it at the forefront of the evolving marketing landscape, which is increasingly gravitating towards data-driven automation and AI solutions.

Bull says

  • ↑Revenue +50% YoY to $396 M in Q1 2026, adj. EBITDA +42% to $66 M.
  • ↑Net revenue retention >110%; super-scaled customer usage up 50% YoY.
  • ↑Athena AI integration poised to drive faster adoption and cross-sell.
  • ↑Free cash flow $42 M (63% conversion); repurchased 1.5 M shares for $25.7 M.
  • ↑Average customer return on marketing spend ~600%, prompting budget increases.
  • ↑Strong growth and profitability metrics underpin attractive valuation.

Bear says

  • ↓Analyst revisions trending down, suggesting potential EPS disappointments.
  • ↓Stock volatility remains elevated, deterring risk-averse buyers.
  • ↓Balance sheet quality concerns: weak quality score and no dividend yield.
  • ↓Customer concentration risk if major clients cut spending or switch vendors.
  • ↓Marigold acquisition integration may incur costs and delay synergies.
  • ↓Macro uncertainty could pressure marketing budgets and slow growth.

Investment themes with ZETA

Software↓ -1.57%

Cloud-based digital tools powering business productivity and innovation

MSFT · ORCL · PLTR

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-01-2026bullish

Transcript signals

Bull points

  • Revenue growth excluding acquisitions and political candidate revenue accelerated for the fourth consecutive quarter to 29% in Q1, further cementing the durability of our growth and market share gains.
  • Broad-based strength across the business is resulting in improved visibility, leading us to once again raise our 2026 outlook, underscoring the predictability of our growth.
  • And we also saw free cash flow conversion improve to 63%, generating $42 million in free cash flow, demonstrating the increase in profitability of our growth.

Bear points

  • In Q1, our GAAP net loss was $13.2 million, an improvement from a net loss of $21.6 million in the first quarter of last year, reflecting ongoing integration costs that are expected to impact results.
Read full transcript analysis ›