Zeta Global Holdings Corp (ZETA)
Official siteTECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NYSE
Market Cap: $7.67B
Last updated: Sep 01, 2026 at 10:00 AM ET
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Palantir After the Reset: Why I Started Buying a Stock That Is Still Expensive
Initiated a 1% position in the growth IRA on June 29 - stock is ~35% off its $207.52 52-week high, but valuation still demands a staged entry rather than an all-in buy. Core product is a governed data layer for regulated institutions - Q1 net dollar retention 150% (up 1,100 bps), indicating high customer stickiness and outsized upsell potential. Q1 FY26 results: revenue $1.633B (+85% YoY), U.S. revenue $1.282B (+104%), GAAP op income $754M (46%), adj FCF $925M (57%); cash $8.0B, no debt; FY revenue guide $7.65-7.662B (~71% growth). Nvidia partnership and seven-year Zeta Global rebuild validate Palantir as a secure AI deployment foundation - Zeta could generate >$100M annually to itself, signaling platform-level adoption rather than point solutions. Valuation is the key risk - trading near 67x this year’s adj FCF and implying ~50-60% FCF CAGR for five years; conservative blended fair value $132, GNG model $176, Street $183-200
When Martech Meets OpenAI: The Zeta Global Operating Leverage Play
OpenAI partnership at CES '26 validates AI strategy, but profitability crossover is the real catalyst worth watching for multiple expansion EBITDA margin hit 23.2% in Q3, extending 19-quarter streak; operating leverage converting growth into bankable profits GNG rates Ultra Value Buy at 51% discount to $42.99 fair value; Stock Rover more conservative at ~$26, highlighting thesis risk Altman Z-Score 6.47 (Safe zone) combined with 0.29 D/E and net cash position removes near-term distress concern Entry at $20.19 is below Ultra Value threshold ($21.82); invalidation level adjusted to $18.50 sustained breakdown Athena AI agent launching Q1 2026 could accelerate enterprise stickiness; TKO early access shows productivity gains
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Frequently Asked Questions About ZETA
- Does ZETA pay dividends?
- Zeta Global Holdings Corp (ZETA) does not currently pay a regular dividend.
- What is ZETA's P/E ratio?
- Zeta Global Holdings Corp has a price-to-earnings (P/E) ratio of 48.50.
- What is ZETA's market cap?
- Zeta Global Holdings Corp (ZETA) has a market capitalization of $7.67B with a current stock price of $30.97.
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