LegalZoom.com, Inc.

LegalZoom.com, Inc. Stock Forecast & Price Prediction

Live LegalZoom.com, Inc. Stock (LZ) Price
$8.20

9

Ratings

  • Buy 1
  • Hold 5
  • Sell 3
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$8.20

P/E Ratio

60.23

Volume Traded Today

$787,100

Dividend

Dividends not available for LZ

52 Week High/low

13.74/5.33

LegalZoom.com, Inc. Market Cap

$1.35B

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LZ Summary

Based on ratings from 9 stock analysts, the LegalZoom.com, Inc. stock price is expected to decrease by 5.08% in 12 months. This is calculated by using the average 12-month stock price forecast for LegalZoom.com, Inc.. The lowest target is $7 and the highest is $9.5. Please note analyst price targets are not guaranteed and could be missed completely.

LZ Analyst Ratings

About 9 Wall Street analysts have assignedLZ 1 buy ratings, 5 hold ratings, and 3 sell ratings. This means that analysts expect LegalZoom.com, Inc. to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on LZ. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

LZ stock forecast by analyst

These are the latest 20 analyst ratings of LZ.

Analyst/Firm

Rating

Price Target

Change

Date

Mario Lu
Barclays

Equal-Weight

$8

Maintains

Nov 11, 2024
Ella Smith
JP Morgan

Underweight

$8

Downgrade

Nov 8, 2024
Stephen Sheldon
William Blair

Market Perform


Initiates

Sep 16, 2024
Andrew Boone
JMP Securities

Market Perform


Reiterates

Sep 13, 2024
Ella Smith
JP Morgan

Neutral

$8

Maintains

Sep 5, 2024
Brent Thill
Jefferies

Buy

$8

Upgrade

Jul 31, 2024
Mario Lu
Barclays

Equal-Weight


Downgrade

Jul 10, 2024
Michael McGovern
B of A Securities

Underperform

$6

Downgrade

Jul 10, 2024
Andrew Boone
JMP Securities

Market Perform


Downgrade

Jul 10, 2024
Ella Smith
JP Morgan

Neutral

$9

Downgrade

Jul 10, 2024
Andrew Boone
JMP Securities

Market Outperform

$14

Reiterates

May 17, 2024
Andrew Boone
JMP Securities

Market Outperform

$14

Reiterates

Apr 12, 2024
Josh Beck
Raymond James

Market Perform


Reinstates

Mar 27, 2024
Ella Smith
JP Morgan

Overweight

$16

Maintains

Mar 22, 2024
Andrew Boone
JMP Securities

Market Outperform

$14

Reiterates

Mar 13, 2024
Mario Lu
Barclays

Overweight

$15

Maintains

Feb 8, 2024
Ella Smith
JP Morgan

Overweight

$14

Assumes

Feb 7, 2024
Andrew Boone
JMP Securities

Market Outperform

$14

Maintains

Jan 12, 2024
Elizabeth Porter
Morgan Stanley

Underweight

$9.5

Maintains

Nov 14, 2023
Andrew Boone
JMP Securities

Market Outperform

$15

Reiterates

Aug 14, 2023

LZ Company Information

What They Do: Offers online legal and business services.

Business Model: The company operates a subscription-based model, providing various legal, compliance, and business management services to small businesses and consumers. It generates revenue through the sale of business formation products, intellectual property services, tax preparations, and additional subscription services like registered agent and compliance support.

Other Information: Founded in 1999 and headquartered in Mountain View, California, the company serves a wide range of legal needs, including estate planning and consumer services. This diversified service offering positions it well in the growing market of online legal solutions.
LZ
LegalZoom.com, Inc. (LZ)

When did it IPO

2021

Staff Count

1,190

Country

United States

Sector/Industry

Industrials/Specialty Business Services

CEO

Mr. Jeffrey M. Stibel

Market Cap

$1.35B

LegalZoom.com, Inc. (LZ) Financial Data

In 2023, LZ generated $660.7M in revenue, which was a increase of 6.57% from the previous year. This can be seen as a signal that LZ's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$470.6M

Revenue From 2021

$575.1M

22.19 %
From Previous Year

Revenue From 2022

$620.0M

7.81 %
From Previous Year

Revenue From 2023

$660.7M

6.57 %
From Previous Year
  • Revenue TTM $678.8M
  • Operating Margin TTM 13.2%
  • Gross profit TTM $421.5M
  • Return on assets TTM 6.3%
  • Return on equity TTM 23.6%
  • Profit Margin 3.6%
  • Book Value Per Share 0.35%
  • Market capitalisation $1.35B
  • Revenue for 2021 $575.1M
  • Revenue for 2022 $620.0M
  • Revenue for 2023 $660.7M
  • EPS this year (TTM) $0.13

LegalZoom.com, Inc. (LZ) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LegalZoom advises small business owners to file for trademarks before federal fees rise on January 18, 2025.

Why It Matters - Rising trademark filing fees may prompt a surge in applications before the deadline, potentially impacting LegalZoom's revenue and small business growth, influencing market dynamics.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LegalZoom executives Jeff Stibel and Noel Watson will present at the Barclays 22nd Annual Global Technology Conference on December 11, 2024.

Why It Matters - LegalZoom's presentation at a major conference may signal strategic insights and future growth plans, influencing investor sentiment and stock performance.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Funding has been allocated to trauma-informed mental wellness programs aimed at empowering individuals through entrepreneurship and personal development initiatives.

Why It Matters - Funding for trauma-informed mental wellness programs can drive economic growth by fostering entrepreneurship, potentially leading to increased consumer spending and improved workforce productivity.

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Johnson Fistel, LLP is investigating LegalZoom.com, Inc. for potential securities law violations related to misrepresentation and nondisclosure of adverse information affecting investors.

Why It Matters - The investigation into LegalZoom.com for potential securities law violations could signal regulatory risks, impacting investor confidence and stock performance.

News Image

Tue, 19 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - LegalZoom (Nasdaq: LZ) has appointed Nathan Gooden to its Board of Directors, effective immediately, and he will also serve on the Audit and Compensation Committees.

Why It Matters - Nathan Gooden's appointment to LegalZoom's Board and committees may enhance governance and strategic direction, potentially impacting company performance and investor confidence.

News Image

Fri, 08 Nov 2024

Sentiment - POSITIVE

Source - The Motley Fool

Summary - The companyโ€™s latest quarterly results were positively received by the market.

Why It Matters - Positive quarterly results can boost investor confidence, potentially leading to increased stock prices and enhanced market perception of the company's performance and future prospects.

...

LZ Frequently asked questions

The highest forecasted price for LZ is $9.5 from Elizabeth Porter at Morgan Stanley.

The lowest forecasted price for LZ is $7 from Elizabeth Porter from Morgan Stanley

The LZ analyst ratings consensus are 1 buy ratings, 5 hold ratings, and 3 sell ratings.