Zeta Global Holdings Corp. shares surged 5.49% during intraday trading on Tuesday, reflecting heightened investor optimism ahead of the company's second-quarter earnings release scheduled for after the market close.

The rally was fueled by strong earnings expectations, with market consensus projecting quarterly revenue of approximately $421 million, representing 41.77% year-over-year growth, and adjusted EPS of around $0.20, up 46.59% from the prior year. The company's track record of beat-and-raise results—including a Q1 revenue beat of nearly 7% and its 19th consecutive quarter of outperformance—has reinforced confidence in its growth trajectory.

Further supporting the bullish sentiment, Zeta Global recently closed a $1 billion credit facility comprising a $250 million term loan and a $750 million revolving credit facility, intended for refinancing, share buybacks, and general corporate purposes. RBC Capital maintained an Outperform rating and raised its price target to $29, citing AI-driven large client expansion and improving profitability visibility.