On November 7, Zeta Global Holdings Corp. rose 5.48% in Regular Trading, trading at $31.045 per share, with turnover of $52.1884 million.
The move coincided with growing optimism ahead of the company’s November 9 post-market earnings release and continued support from Wall Street analysts.
Consensus expectations call for quarterly revenue of $471 million, up 43.52% year over year, adjusted EPS of $0.28, up 51.65%, and EBIT of $92.33 million, up 74.92%. In the prior quarter, revenue rose 43.55% to $442.8 million, while the company turned profitable and raised full-year revenue guidance to $1.811 billion-$1.824 billion.
Recent analyst actions also reinforced sentiment: Goldman Sachs upgraded the stock to Buy with a $45 target, while BofA, RBC, and Truist raised targets to $40, $40, and $38, respectively. Recent strategic updates, including AthenaOS, AI-related acquisitions, and expanding partnerships, also added to the constructive backdrop.
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