Zeta Global Holdings Corp. (ZETA) stock rallied 5.19% in the pre-market trading on Wednesday, following the company's exceptional Q4 2024 earnings report and raised price targets from analysts.
ZETA reported record revenue growth of 50% year-over-year to $315 million in Q4 2024, driven by strong demand for its AI and data-driven marketing platform. Adjusted EBITDA also surged 57% to $70 million, reflecting the company's operating leverage and scalability.
Analysts at William Blair, Morgan Stanley, and Credit Suisse have reaffirmed their bullish stance on ZETA, raising their price targets and citing the company's strategic growth initiatives, including its focus on AI and first-party data. They expect ZETA to sustain its momentum and benefit from the increasing adoption of its integrated platform by enterprise clients and agencies.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.