On August 3, Zeta Global Holdings Corp. rose 5.28% in regular trading, trading at $22.64/share, with turnover of approximately $29.24 million. The rally was driven by optimistic expectations ahead of the company's quarterly earnings release scheduled for August 4 after market close, combined with the recent completion of a $1 billion credit facility.

Market consensus expects Q2 revenue of approximately $421 million, representing 41.77% year-over-year growth, with adjusted EPS of $0.20, up 46.59% YoY. The company delivered a strong Q1 with revenue of $396.3 million that beat estimates by nearly 7%, marking its 19th consecutive quarter of beat-and-raise performance following the launch of its Zeta Athena AI platform.

The newly closed $1 billion credit facility, comprising a $250 million term loan and $750 million revolving credit facility, will be used to refinance existing debt, reduce credit spreads, fund share buybacks, and support general corporate purposes. RBC Capital maintains an Outperform rating with a $29 price target, citing sustained high revenue growth, AI-driven large customer expansion, and improving profitability visibility.

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