LegalZoom.com
About: LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States. The company also offers services that include ongoing compliance and tax advice and filings, business licenses, accounting, virtual mailbox and e-signature solutions, trademark filings, and estate plans.
Employees: 1,190
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
59% more call options, than puts
Call options by funds: $5.66M | Put options by funds: $3.55M
20% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 35
18% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 51
2% more funds holding
Funds holding: 180 [Q2] → 184 (+4) [Q3]
0.51% more ownership
Funds ownership: 77.79% [Q2] → 78.3% (+0.51%) [Q3]
14% less funds holding in top 10
Funds holding in top 10: 7 [Q2] → 6 (-1) [Q3]
29% less capital invested
Capital invested by funds: $1.23B [Q2] → $874M (-$352M) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$8
2%
downside
Avg. target
$8.50
4%
upside
High target
$9
10%
upside
5 analyst ratings
1 positive
20%
3 neutral
60%
1 negative
20%
Morgan Stanley Elizabeth Porter 56% 1-year accuracy 5 / 9 met price target | 2%downside $8 | Underweight Maintained | 13 Jan 2025 |
JP Morgan Ella Smith 60% 1-year accuracy 3 / 5 met price target | 10%upside $9 | Overweight Upgraded | 13 Jan 2025 |
UBS Stephen Ju 86% 1-year accuracy 6 / 7 met price target | 10%upside $9 | Neutral Initiated | 6 Dec 2024 |
Citigroup Ronald Josey 73% 1-year accuracy 37 / 51 met price target | 4%upside $8.50 | Neutral Maintained | 26 Nov 2024 |
Barclays Mario Lu 67% 1-year accuracy 6 / 9 met price target | 2%downside $8 | Equal-Weight Maintained | 11 Nov 2024 |
Financial journalist opinion
Positive
Benzinga
1 week ago
LegalZoom Gets Double Upgrade On 'Incrementally Positive' Business Formations Data
LegalZoom.com Inc LZ could benefit from the positive inflection in business formations in November and December 2024, according to JPMorgan.
Neutral
PRNewsWire
2 weeks ago
SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of LegalZoom.com, Inc. (NASDAQ: LZ)
NEW YORK , Jan. 2, 2025 /PRNewswire/ -- Purcell & Lefkowitz LLP announces that it is investigating LegalZoom.com, Inc. (NASDAQ: LZ) on behalf of the company's shareholders. The investigation seeks to determine whether LegalZoom.com's directors breached their fiduciary duties in connection with recent corporate actions.
Neutral
PRNewsWire
1 month ago
LZ Stockholders: Robbins is Investigating the Officers and Directors of LegalZoom.com, Inc. to Determine if They Breached Fiduciary Duties Owed to Shareholders
SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating LegalZoom.com, Inc. (NASDAQ: LZ) to determine whether certain LegalZoom.com officers and directors violated securities laws and breached fiduciary duties to shareholders. LegalZoom.com, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States.
Positive
Seeking Alpha
1 month ago
LegalZoom: The Pivot To Subscriptions Is Thriving
LegalZoom is poised for growth due to its pivot to a subscription-based model, stabilizing revenue and reducing reliance on transactions. LZ stock's ~20% YTD drop presents a buying opportunity, supported by strong subscription revenue growth despite weaker transactional revenue. LegalZoom's large $50 billion TAM and potential backlog of new business formations could further boost its growth prospects.
Positive
Seeking Alpha
1 month ago
LegalZoom: Reiterate Buy Rating As Performance Should Get Better From Here
I reiterate my buy rating for LegalZoom stock despite recent poor performance, as I expect growth improvements driven by an improving macro environment and strategic initiatives. LZ's revenue growth decelerated significantly, but recent uptick in business formation applications and macroeconomic improvements suggest the worst is over. LZ's focus on higher-intent customers, AI enhancements, and subscription-based products should drive growth and improve EBITDA margins above 25%.
Neutral
GlobeNewsWire
1 month ago
Robbins LLP Informs LegalZoom.com, Inc. Stockholders that it is Investigating the Officers and Directors of LZ to Determine if They Breached Fiduciary Duties Owed to Shareholders
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP is investigating LegalZoom.com, Inc. (NASDAQ: LZ) to determine whether certain LegalZoom.com officers and directors violated securities laws and breached fiduciary duties to shareholders. LegalZoom.com, together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States.
Neutral
GlobeNewsWire
1 month ago
LegalZoom Helps Small Businesses Protect Their Brand from Copycats in the Age of AI
LegalZoom encourages small business owners to file for a trademark before federal filing fees increase on January 18, 2025 LegalZoom encourages small business owners to file for a trademark before federal filing fees increase on January 18, 2025
Neutral
GlobeNewsWire
1 month ago
LegalZoom to Present at the Barclays 22nd Annual Global Technology Conference
MOUNTAIN VIEW, Calif., Dec. 04, 2024 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq: LZ) today announced that Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will present at the Barclays 22nd Annual Global Technology Conference on Wednesday, December 11, 2024.
Neutral
GlobeNewsWire
2 months ago
LegalZoom Expands Partnership with Defy Ventures to Prioritize Mental Health for Incarcerated and Formerly Incarcerated Individuals
Funding supports trauma-informed mental wellness programs that empower individuals through entrepreneurship and personal development Funding supports trauma-informed mental wellness programs that empower individuals through entrepreneurship and personal development
Neutral
GlobeNewsWire
2 months ago
LegalZoom Announces Appointment of Nathan Gooden to Board of Directors
MOUNTAIN VIEW, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq: LZ) announced today that Nathan Gooden has been appointed to its Board of Directors, effective immediately. Mr. Gooden was also appointed to LegalZoom's Audit Committee and Compensation Committee.
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