Zeta Global rises after lifting quarterly, annual forecasts

Shares of cloud platform Zeta Global Holdings ZETA.N rise 6% to $18.59 premarket

Co increases Q4 revenue forecast to $378.8-$381.8 mln from the prior range of $363-366 mln; ups FY revenue forecast to $1,289-$1,292 mln from $1,273-$1,276 mln

Co forecasts FY26 revenue of $1.73 bln above analyst estimates of $1.54 bln, according to data compiled by LSEG

ZETA raises outlook following the completion of the Marigold acquisition

Co says the acquisition boosts its AI-driven offerings across different segments, while increasing its access among Fortune 500 brands and subscription revenue streams

11 of 14 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $30 - data compiled by LSEG

Up to last close, stock down 2.8% YTD