Tiger Brokers

BUZZ-Zeta Global rises after lifting quarterly, annual forecasts

Reuters
Nov 25
BUZZ-<a href="https://laohu8.com/S/ZETA">Zeta Global</a> rises after lifting quarterly, annual forecasts

** Shares of cloud platform Zeta Global Holdings ZETA.N rise 6% to $18.59 premarket

** Co increases Q4 revenue forecast to $378.8-$381.8 mln from the prior range of $363-366 mln; ups FY revenue forecast to $1,289-$1,292 mln from $1,273-$1,276 mln

** Co forecasts FY26 revenue of $1.73 bln above analyst estimates of $1.54 bln, according to data compiled by LSEG

** ZETA raises outlook following the completion of the Marigold acquisition

** Co says the acquisition boosts its AI-driven offerings across different segments, while increasing its access among Fortune 500 brands and subscription revenue streams

** 11 of 14 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $30 - data compiled by LSEG

** Up to last close, stock down 2.8% YTD

(Reporting by Avinash P in Bengaluru)

((Avinash.P@thomsonreuters.com;))

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