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 $28.21 per share. The share price was $29.45 on September 25, 2026, 4% 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% | $17.34 | -41% |
| Base | 15.0% | 9.0% | $28.21 | -4% |
| Bull | 20.0% | 8.0% | $48.46 | +65% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $36.45 | $39.01 | $42.15 | $46.07 | $51.11 |
| 8.0% | $30.26 | $31.93 | $33.89 | $36.25 | $39.14 |
| 9.0% | $25.76 | $26.90 | $28.21 | $29.75 | $31.56 |
| 10.0% | $22.35 | $23.16 | $24.08 | $25.13 | $26.34 |
| 11.0% | $19.68 | $20.28 | $20.94 | $21.69 | $22.53 |
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