Zeta Global Holdings: Investors' Expectations Already Reset

Michael Wiggins De OliveiraInvesting Group LeaderFollow5ShareSavePlay(8min)CommentsSummaryZeta is delivering strong results, raising its 2026 and 2028 outlook, and is priced attractively at 19x forward free cash flow.Management projects organic revenue growth rates above 20% for 2026, with potential for further upward revisions as new products gain traction.I reaffirm a $30 price target by early 2027, citing accelerating growth, robust free cash flow, and a mispriced valuation with an adjusted PEG below 0.9x.Key risks include execution on new product rollouts, customer adoption, and maintaining at least $180 million free cash flow and 20% organic growth in 2026.Looking for a helping hand in the market? Members of Deep Value Returns get exclusive ideas and guidance to navigate any climate. Learn More » pcess609/iStock via Getty Images Dear Readers, You can read my previous free analysis on Zeta (ZETA) here. Before, the main concerns were about AI eating software. Now, there's all this macro uncertainty. And as narratives quickly change, I believe thatThis article was written byMichael Wiggins De Oliveira52.55K FollowersFollowMichael Wiggins De Oliveira is an Inflection investor. As an Inflection investor, I believe that simplicity is key to outperformance. Since 2024, Deep Value Returns is up 174% vs 58% for the Nasdaq (*as of 6 January 2026).This means buying a stock at the moment when the outlook is expected to improve over the next year. This allows one to minimize the downside, while positioning yourself at the moment when the stock is primed to perform strongly.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outstanding professional experience in tech and energy and a following of over 40K on Seeking Alpha.Michael is the leader of the Investing Group Deep Value Returns.Features of the group include: Insights through his concentrated portfolio of Inflection stocks, timely updates on stock picks, and "hand-holding" as-needed for new and experienced investors alike.

Deep Value Returns also has an active, vibrant, and kind community easily accessible via chat. Learn moreAnalyst’s Disclosure: I/we have a beneficial long position in the shares of ZETA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.