What is Zeta Global Holdings Corp. worth?
With the base-case assumptions below, a discounted cash flow model on Zeta Global Holdings Corp.'s reported free cash flow gives $28.14 per share. The share price was $34.87 on November 10, 2026, 24% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $17.27 | -50% |
| Base | 15.0% | 9.0% | $28.14 | -19% |
| Bull | 20.0% | 8.0% | $48.38 | +39% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $36.37 | $38.94 | $42.07 | $46.00 | $51.04 |
| 8.0% | $30.19 | $31.85 | $33.82 | $36.18 | $39.06 |
| 9.0% | $25.69 | $26.83 | $28.14 | $29.67 | $31.48 |
| 10.0% | $22.28 | $23.09 | $24.00 | $25.05 | $26.26 |
| 11.0% | $19.61 | $20.20 | $20.87 | $21.61 | $22.46 |
Where the presets come from
Base: years 1 to 5 grow at Zeta Global Holdings Corp.'s revenue growth rate over the last 4 fiscal years (37.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions