Zeta Global Holdings Corp. Class A Common Stock (ZETA)

FairStock Score: 37/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-and-Graham-style investor, I begin with the earnings record. Zeta sells an omnichannel marketing cloud and messaging platform, and the top line is expanding. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $442.8 million and net income was $8.2 million, or $0.03 diluted EPS. That is a welcome turn, but it follows fiscal Q1 2026, the quarter ended 2026-03-31, with revenue of $396.3 million and a net loss of $13.2 million, and fiscal Q2 2025, the quarter ended 2025-06-30, with revenue of $308.4 million and a net loss of $12.8 million. For the full years, FY2025, the year ended 2025-12-31, had revenue of $1.3 billion and a net loss of $31.5 million; FY2024 had revenue of $1.0 billion and a net loss of $69.8 million; FY2023 had revenue of $728.7 million and a net loss of $187.5 million. So sales are growing and losses are narrowing, but consistent owner earnings are not yet proven. At the 2026-10-13 close of $33.80, FairStock calculates a market cap of $8.7 billion, P/E of -3380.00, P/B of 9.14, FCF yield of 2.3%, and EV/EBITDA of 137.80. The Piotroski F-Score is 8/9 and Altman Z-Score is 9.26, suggesting improving fundamentals and low balance-sheet distress, with D/E of 0.24. But ROE is -0.27% and ROCE is 2.60%, so returns on capital are poor. FairStock's score is 37/100, and its Peter Lynch category is none because Zeta had a loss in each of the last four years. The latest quarter's net margin was only 1.85%. Valuation leaves little margin of safety: the price already assumes the Q2 2026 profit and rapid growth continue. If profitability fades, there is little earnings support.

In plain English: Zeta Global sells software that helps businesses use customer data and messaging to find, grow and keep customers. Sales are growing quickly and the newest reported quarter showed a small profit, but the company has lost money over the past few years. At the 2026-10-13 close of $33.80, the price looks expensive compared with its profits and cash flow, so it relies on future growth continuing.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer