Zeta Global Holdings is a company that helps other companies with marketing and data analysis. Some people who work as analysts on Wall Street think that the price of Zeta's stock will go up by 35.54%. They think this because they have looked at the company's earnings and think they will be better than expected. Earnings are the money a company makes after paying all its expenses. So, if the analysts are right, the people who own Zeta's stock might be able to sell it for more money than they bought it for. This would be good for them. But, it's important to remember that sometimes analysts can be wrong, so you shouldn't rely on their predictions alone. Read from source...
- Zeta Global Holdings (ZETA) has gained 28.2% over the past four weeks and is trading at $21.95
- Wall Street analysts have a mean price target of $29.75, indicating a potential upside of 35.5%
- The standard deviation is $1.54, showing a high degree of agreement among analysts
- Strong agreement in earnings estimate revisions also points to a potential upside
- Analyst price targets should be treated with skepticism and not be the sole basis for investment decisions
In this article, the author discusses the potential upside for Zeta Global Holdings (ZETA) based on Wall Street analysts' price targets. The author cites a 35.54% upside potential based on the consensus price target of $29.75, while also noting the strong agreement among analysts in raising their earnings estimates. The author also provides some context on the limitations of using price targets as the sole indicator for investment decisions.