ZETA Stock Forecast & Price Target

Zeta Global Holdings Corp has raised its 2026 total revenue growth projection to 34%, reflecting strong momentum with existing customers and an ability to capture a larger share of marketing spend. The company's adjusted EBITDA targets for 2026 have been significantly increased, highlighting ongoing organic growth driven by new business trends, including substantial incremental revenue opportunities. With a net revenue retention rate of 115% and total revenue growth of 26% in 3Q25, Zeta Global showcases robust demand for its services and capabilities within the marketing sector.

Zeta Global Holdings Corp faces significant challenges that contribute to a negative outlook, including a projected decline in EBITDA margins to 22.3%, primarily due to a 70 basis point headwind, which indicates operational difficulties. The company's reliance on usage-based revenue introduces quarterly volatility, posing risks to revenue stability and making financial performance susceptible to competitive pressure from both established market players and new entrants. Furthermore, Zeta's ongoing struggle to achieve profitability on a GAAP basis raises concerns about its scalability, and the unchanged revenue outlook for 2025 and 2026 suggests a lack of growth momentum in a rapidly evolving technological landscape.