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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
Summary - The companyโs 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.