Needham Reiterated a Buy Rating on Zeta Global (ZETA), Kept the PT Unchanged

Zeta Global Holdings Corp. (NYSE:ZETA) is one of the 11 Best Tech Stocks to Buy On the Dip. On June 10 Needham analyst Scott Berg reiterated a Buy rating on Zeta Global Holdings Corp. (NYSE:ZETA) with a price target of $10. The reiterated bullish sentiment comes after the company unveiled its Zeta Answers, an advanced AI-powered intelligence framework that automates the entire process from insights to outcomes.

Zeta Answers uses multiple AI agents working together to provide marketers with direct and seamless paths. Management noted that the advancement has reaped significant benefits for early adopters including a 30% increase in engagement, a 10% increase in native ad performance, and enterprise campaigns achieving over four times higher conversion rates.

A marketing manager looking at the data dashboard of a marketing automation software showing successful campaign results.

Scott Berg highlighted that one of the factors that sets Zeta Global Holdings Corp. (NYSE:ZETA) apart from its competitors is its differentiated products which are sold to a diverse set of clients. Moreover, this topped with the company’s market position and potential for growth positions it to achieve its fiscal 2028 goals.

During the fiscal first quarter of 2025, Zeta Global Holdings Corp. (NYSE:ZETA) delivered $264 million in revenue reflecting a 36% year-over-year growth. This was driven by a 19% increase in scaled customers which reached 548 customers. Management increased its Q2 revenue guidance from $295 million to $298 million, up $2 million at the midpoint from the prior guidance of $295 million.

While we acknowledge the potential of ZETA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.