Zeta Global Holdings stock hits 52-week high at $29.95

Zeta Global Holdings Corp's stock achieved a 52-week high of $29.95, marking a 66.55% return over the past six months. InvestingPro Tips suggest the stock is trading near its Fair Value of $29.68, illustrating strong performance and investor confidence. ZETA's Financial Health score is rated as GREAT with a 3.1 rating. Analysts maintain a bullish outlook on the stock, and the full Pro Research Report is available for investors.

In the latest quarter, Zeta Global reported revenue of $443 million, exceeding expectations of $420.66 million. However, earnings per share fell short at $0.03, compared to the anticipated $0.1995. Despite this earnings miss, the company saw a 56% jump in adjusted EBITDA year-over-year and raised its full-year guidance. Freedom Broker downgraded Zeta Global's stock rating from Buy to Hold due to the significant price rally following the earnings announcement.

Conversely, DA Davidson maintained a Buy rating and increased its price target to $32, while KeyBanc raised its price target to $27, noting organic revenue acceleration of 28.0% year-over-year. Analysts present a mixed sentiment regarding Zeta Global's financial performance and growth prospects.