LegalZoom (LZ) Stock Forecast, Price Target & Predictions
LZ Stock Forecast
LegalZoom stock forecast is as follows: an average price target of $12.75 (represents a 98.29% upside from LZ’s last price of $6.43) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.
LZ Price Target
The average price target for LegalZoom (LZ) is $12.75 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $8.00. This represents a potential 98.29% upside from LZ's last price of $6.43.
LZ Analyst Ratings
According to 9 Wall Street analysts, LegalZoom's rating consensus is 'Buy'. The analyst rating breakdown for LZ stock is 0 'Strong Buy' (0.00%), 4 'Buy' (44.44%), 4 'Hold' (44.44%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).
LegalZoom Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 09, 2024 | Brent Thill | Jefferies | $8.00 | $7.85 | 1.91% | 24.42% |
| Nov 11, 2022 | - | Credit Suisse | $15.00 | $10.31 | 45.49% | 133.28% |
| Nov 11, 2022 | - | Morgan Stanley | $8.00 | $10.32 | -22.52% | 24.42% |
| Jul 26, 2022 | Elizabeth Porter | Morgan Stanley | $12.00 | $10.25 | 17.07% | 86.63% |
| Apr 20, 2022 | - | Citigroup | $20.00 | $15.35 | 30.29% | 211.04% |
The latest LegalZoom stock forecast, released on Jul 09, 2024 by Brent Thill from Jefferies, set a price target of $8.00, which represents a 1.91% increase from the stock price at the time of the forecast ($7.85), and a 24.42% increase from LZ last price ($6.43).
LegalZoom Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $8.00 | $8.00 |
| Last Closing Price | $6.43 | $6.43 | $6.43 |
| Upside/Downside | -100.00% | 24.42% | 24.42% |
In the current month, the average price target of LegalZoom stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to LegalZoom's last price of $6.43. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 31, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Jul 31, 2024 | Jefferies | Hold | Buy | Upgrade |
| Jul 10, 2024 | Barclays | - | Equal-Weight | Downgrade |
| Jul 10, 2024 | Citigroup | Buy | Neutral | Downgrade |
| Jul 09, 2024 | Jefferies | Hold | Hold | Hold |
| May 17, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Apr 12, 2024 | J.P. Morgan | Market Outperform | Market Outperform | Hold |
| Mar 13, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| May 10, 2023 | Citigroup | Buy | Buy | Hold |
| May 10, 2023 | SVB Leerink | - | Market Perform | Upgrade |
LegalZoom's last stock rating was published by JMP Securities on Jul 31, 2024. The company gave LZ a "Market Outperform" rating, the same as its previous rate.
LegalZoom Financial Forecast
LegalZoom Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $158.66M | $167.27M | $168.85M | $165.94M | $146.63M | $154.42M | $163.87M | $154.21M | $142.14M | $147.88M | $150.43M |
| Avg Forecast | $168.90M | $172.67M | $180.58M | $177.30M | $161.54M | $167.28M | $172.92M | $175.30M | $156.51M | $160.14M | $166.92M | $155.19M | $145.92M | $149.92M | $161.29M | $150.66M | $143.70M | $145.26M | $140.39M |
| High Forecast | $170.87M | $174.68M | $182.68M | $179.37M | $163.43M | $167.62M | $174.94M | $177.35M | $157.00M | $160.43M | $168.87M | $157.00M | $147.62M | $151.67M | $162.38M | $151.67M | $144.67M | $146.24M | $141.33M |
| Low Forecast | $167.65M | $171.39M | $179.24M | $175.99M | $160.35M | $166.60M | $171.64M | $174.00M | $155.83M | $159.60M | $165.69M | $154.04M | $144.84M | $148.81M | $160.42M | $149.84M | $142.92M | $144.47M | $139.63M |
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 1.04% | 1.01% | 1.07% | 1.00% | 1.03% | 1.02% | 1.02% | 0.99% | 1.02% | 1.07% |
LegalZoom's average Quarter revenue forecast for Mar 24 based on 2 analysts is $175.30M, with a low forecast of $174.00M, and a high forecast of $177.35M. LZ's average Quarter revenue forecast represents a 10.49% increase compared to the company's last Quarter revenue of $158.66M (Dec 23).
LegalZoom EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| EBITDA | - | - | - | - | - | - | - | - | $18.04M | $10.26M | $11.23M | $5.46M | $7.95M | $-3.41M | $-5.62M | $-21.82M | $-19.73M | $-31.85M | $-23.43M |
| Avg Forecast | $10.04M | $10.26M | $10.73M | $10.53M | $9.60M | $9.94M | $10.27M | $10.42M | $9.30M | $9.52M | $9.92M | $9.22M | $8.67M | $-38.54M | $9.58M | $-58.92M | $8.54M | $8.63M | $-24.18M |
| High Forecast | $10.15M | $10.38M | $10.85M | $10.66M | $9.71M | $9.96M | $10.39M | $10.54M | $9.33M | $9.53M | $10.03M | $9.33M | $8.77M | $-30.83M | $9.65M | $-47.14M | $8.60M | $8.69M | $-19.34M |
| Low Forecast | $9.96M | $10.18M | $10.65M | $10.46M | $9.53M | $9.90M | $10.20M | $10.34M | $9.26M | $9.48M | $9.84M | $9.15M | $8.61M | $-46.25M | $9.53M | $-70.71M | $8.49M | $8.58M | $-29.02M |
| Surprise % | - | - | - | - | - | - | - | - | 1.94% | 1.08% | 1.13% | 0.59% | 0.92% | 0.09% | -0.59% | 0.37% | -2.31% | -3.69% | 0.97% |
2 analysts predict LZ's average Quarter EBITDA for Mar 24 to be $10.42M, with a high of $10.54M and a low of $10.34M. This is -42.26% lower than LegalZoom's previous annual EBITDA (Dec 23) of $18.04M.
LegalZoom Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| Net Income | - | - | - | - | - | - | - | - | $7.38M | $7.53M | $1.40M | $-2.36M | $1.74M | $-10.11M | $-13.18M | $-30.61M | $-20.77M | $-39.67M | $-38.40M |
| Avg Forecast | $32.16M | $30.30M | $24.61M | $21.63M | $29.27M | $27.89M | $17.47M | $18.11M | $19.21M | $16.69M | $18.18M | $10.57M | $13.39M | $-48.01M | $2.27M | $-82.64M | $-5.60M | $1.93M | $-39.63M |
| High Forecast | $32.65M | $30.76M | $24.99M | $21.96M | $29.71M | $29.64M | $17.73M | $18.39M | $23.05M | $20.39M | $18.45M | $10.73M | $13.60M | $-38.41M | $2.29M | $-66.12M | $-5.56M | $1.95M | $-31.71M |
| Low Forecast | $31.85M | $30.01M | $24.38M | $21.42M | $28.99M | $24.41M | $17.30M | $17.94M | $17.29M | $12.98M | $18.00M | $10.47M | $13.27M | $-57.61M | $2.25M | $-99.17M | $-5.65M | $1.92M | $-47.56M |
| Surprise % | - | - | - | - | - | - | - | - | 0.38% | 0.45% | 0.08% | -0.22% | 0.13% | 0.21% | -5.82% | 0.37% | 3.71% | -20.54% | 0.97% |
LegalZoom's average Quarter net income forecast for Mar 24 is $18.11M, with a range of $17.94M to $18.39M. LZ's average Quarter net income forecast represents a 145.37% increase compared to the company's last Quarter net income of $7.38M (Dec 23).
LegalZoom SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| SG&A | - | - | - | - | - | - | - | - | $69.93M | $76.31M | $80.46M | $86.65M | $75.42M | $96.25M | $101.91M | $106.36M | $101.30M | $100.76M | $99.28M |
| Avg Forecast | $89.24M | $91.24M | $95.42M | $93.68M | $85.36M | $88.39M | $91.37M | $92.63M | $82.70M | $84.62M | $88.20M | $82.00M | $77.10M | $121.92M | $85.23M | $79.60M | $75.93M | $76.76M | $102.48M |
| High Forecast | $90.29M | $92.30M | $96.53M | $94.78M | $86.35M | $88.57M | $92.44M | $93.71M | $82.96M | $84.77M | $89.23M | $82.96M | $78.00M | $146.31M | $85.80M | $80.14M | $76.44M | $77.27M | $122.97M |
| Low Forecast | $88.58M | $90.56M | $94.71M | $92.99M | $84.73M | $88.03M | $90.69M | $91.94M | $82.34M | $84.33M | $87.55M | $81.39M | $76.53M | $97.54M | $84.76M | $79.17M | $75.52M | $76.34M | $81.98M |
| Surprise % | - | - | - | - | - | - | - | - | 0.85% | 0.90% | 0.91% | 1.06% | 0.98% | 0.79% | 1.20% | 1.34% | 1.33% | 1.31% | 0.97% |
LegalZoom's average Quarter SG&A projection for Mar 24 is $92.63M, based on 2 Wall Street analysts, with a range of $91.94M to $93.71M. The forecast indicates a 32.46% rise compared to LZ last annual SG&A of $69.93M (Dec 23).
LegalZoom EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 2 | 4 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 |
| EPS | - | - | - | - | - | - | - | - | $0.04 | $0.04 | $0.01 | $-0.01 | $0.01 | $-0.05 | $-0.07 | $-0.15 | $-0.11 | $-0.20 | $-0.31 |
| Avg Forecast | $0.17 | $0.16 | $0.13 | $0.12 | $0.16 | $0.15 | $0.09 | $0.10 | $0.10 | $0.09 | $0.10 | $0.06 | $0.07 | $0.05 | $0.01 | $-0.01 | $-0.03 | $0.01 | $-0.02 |
| High Forecast | $0.18 | $0.16 | $0.13 | $0.12 | $0.16 | $0.16 | $0.10 | $0.10 | $0.12 | $0.11 | $0.10 | $0.06 | $0.07 | $0.05 | $0.01 | $-0.01 | $-0.03 | $0.01 | $-0.02 |
| Low Forecast | $0.17 | $0.16 | $0.13 | $0.11 | $0.16 | $0.13 | $0.09 | $0.10 | $0.09 | $0.07 | $0.10 | $0.06 | $0.07 | $0.05 | $0.01 | $-0.01 | $-0.03 | $0.01 | $-0.02 |
| Surprise % | - | - | - | - | - | - | - | - | 0.37% | 0.44% | 0.10% | -0.22% | 0.14% | -1.07% | -5.48% | 10.27% | 3.66% | -19.30% | 18.62% |
According to 2 Wall Street analysts, LegalZoom's projected average Quarter EPS for Mar 24 is $0.10, with a low estimate of $0.10 and a high estimate of $0.10. This represents a 153.64% increase compared to LZ previous annual EPS of $0.04 (Dec 23).
LegalZoom Peer Comparison by Price Target
LZ Forecast FAQ
Is LegalZoom a good buy?
Yes, according to 9 Wall Street analysts, LegalZoom (LZ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 44.44% of LZ's total ratings.
What is LZ's price target?
LegalZoom (LZ) average price target is $12.75 with a range of $8 to $20, implying a 98.29% from its last price of $6.43. The data is based on 9 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will LegalZoom stock go up soon?
According to Wall Street analysts' prediction for LZ stock, the company can go up by 98.29% (from the last price of $6.43 to the average price target of $12.75), up by 211.04% based on the highest stock price target, and up by 24.42% based on the lowest stock price target.
Can LegalZoom stock reach $10?
LZ's average twelve months analyst stock price target of $12.75 supports the claim that LegalZoom can reach $10 in the near future.
What are LegalZoom's analysts' financial forecasts?
LegalZoom's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $677.05M (high $683.34M, low $672.59M), average EBITDA is $40.23M (high $40.6M, low $39.96M), average net income is $92.74M (high $95.47M, low $88.63M), average SG&A $357.75M (high $361.07M, low $355.39M), and average EPS is $0.497 (high $0.512, low $0.475). LZ's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $699.45M (high $707.6M, low $694.26M), average EBITDA is $41.56M (high $42.04M, low $41.25M), average net income is $108.7M (high $110.35M, low $107.66M), average SG&A $369.58M (high $373.89M, low $366.84M), and average EPS is $0.583 (high $0.592, low $0.577).
Did the LZ's actual financial results beat the analysts' financial forecasts?
Based on LegalZoom's last annual report (Dec 2023), the company's revenue was $660.73M, beating the average analysts forecast of $638.77M by 3.44%. Apple's EBITDA was $53.8M, beating the average prediction of $37.95M by 41.76%. The company's net income was $13.95M, missing the average estimation of $64.64M by -78.41%. Apple's SG&A was $312.56M, missing the average forecast of $337.52M by -7.40%. Lastly, the company's EPS was $0.0718, missing the average prediction of $0.347 by -79.29%. In terms of the last quarterly report (Dec 2023), LegalZoom's revenue was $158.66M, beating the average analysts' forecast of $156.51M by 1.37%. The company's EBITDA was $18.04M, beating the average prediction of $9.3M by 93.98%. LegalZoom's net income was $7.38M, missing the average estimation of $19.21M by -61.57%. The company's SG&A was $69.93M, missing the average forecast of $82.7M by -15.44%. Lastly, the company's EPS was $0.0383, missing the average prediction of $0.103 by -62.82%