Group 1 - Zeta Global Holdings Corp. (NYSE: ZETA) has shown positive share price performance since a bullish call made on May 14, indicating strong market sentiment towards the company [1] - The company is positioned in the retail real estate sector, which is overseen by a finance head with extensive experience in banking, mining, and energy sectors [1] - The investment strategy focuses on a balanced approach, emphasizing value stocks while also maintaining exposure to growth opportunities [1] Group 2 - The article expresses a beneficial long position in ZETA shares, indicating confidence in the company's future performance [2] - The author emphasizes that the opinions expressed are personal and not influenced by any business relationships with the company mentioned [2]

Group 1 - Zeta Global Holdings Corp. (NYSE: ZETA) has shown positive share price performance since a bullish call on May 14, indicating strong market sentiment towards the company [1] - The company is positioned well in the market, with a focus on uncovering promising under-the-radar stocks that may not yet be recognized by the broader market [1] Group 2 - The analyst has a beneficial long position in ZETA shares, indicating confidence in the company's future performance [2] - The article reflects the analyst's personal opinions and is not influenced by any external compensation [2]

Core Insights - Futu Holdings Limited Sponsored ADR (FUTU) is currently viewed as a more attractive investment compared to Zeta Global Holdings (ZETA) based on valuation metrics and earnings estimate revisions [1][3][7] Valuation Metrics - FUTU has a forward P/E ratio of 22.68, while ZETA's forward P/E is higher at 27.25 [5] - The PEG ratio for FUTU is 0.83, indicating better expected earnings growth relative to its price compared to ZETA's PEG ratio of 1.44 [5] - FUTU's P/B ratio stands at 6.14, slightly lower than ZETA's P/B ratio of 6.55, suggesting a more favorable valuation in terms of book value [6] Analyst Outlook - FUTU holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while ZETA has a Zacks Rank of 3 (Hold), reflecting a less favorable outlook [3][7] - The stronger estimate revision activity for FUTU suggests a more optimistic analyst sentiment compared to ZETA [7]

Company Overview - ZetaDisplay AB is a leading European corporation in the digital signage market, founded in 2003 in Sweden [3] - The company operates in eight European countries and the US, with over 125,000 active installations in more than 50 countries [3] - ZetaDisplay has a turnover exceeding SEK 600 million and employs approximately 250 staff members [4] Industry Position - ZetaDisplay is recognized as a pioneer in digital signage, providing innovative solutions and consulting services that influence millions of people daily across various environments [3] - The company is a preferred business partner for many respected blue-chip brands globally [3] Financial Reporting - The Q2 Interim report for April to June 2025 has been published, with full details available on the investor relations website [1][2] - The report was made public in compliance with the EU Market Abuse Regulation [2]

Group 1 - Michael Wiggins De Oliveira is an inflection investor, focusing on buying undervalued companies at pivotal moments when their profitability is expected to improve significantly over the next year [1] - The investment strategy emphasizes technology and the Great Energy Transition, including uranium, with a concentrated portfolio of approximately 15 to 20 stocks and an average holding period of 18 months [1] - Michael has over 10 years of experience analyzing companies in tech and energy sectors, and has built a following of over 40,000 on Seeking Alpha [2] Group 2 - The Investing Group Deep Value Returns, led by Michael, offers insights through its concentrated portfolio of value stocks, timely updates on stock picks, and a weekly webinar for live advice [3] - The group provides support for both new and experienced investors, fostering an active and kind community accessible via chat [3]

Group 1 - Zeta Global (NYSE: ZETA) has shown a stock return of approximately 70%, outperforming the S&P 500's return of 30% since initial coverage was released a few months ago [1] - The valuation of Zeta Global may appear high at present, indicating potential concerns regarding future performance [1] Group 2 - Invest Heroes LLC, a research firm established in 2018, provides equity and fixed income research services and has gained recognition among professional investors and private clients [1] - The firm covers over 120 stocks from Russia, the US, and China, as well as more than 200 Russian bonds, and offers research as a paid service to institutional clients and private clients [1] - The team consists of 9 analysts and has achieved global professional recognition, with forecasts often ahead of the market due to detailed business models for each company [1]

Core Viewpoint - ZetaDisplay AB announces the resignation of CEO Anders Olin and the appointment of Daniel Nergard as the new CEO, effective October 1 [1][3]. Group 1: Leadership Transition - Anders Olin has served as CEO for nearly two years, during which he has made significant contributions to the company's operations and growth [2]. - Under Olin's leadership, ZetaDisplay expanded into the UK market through an acquisition, professionalized operations, and fostered organizational unity [2]. - Daniel Nergard, with over 20 years of experience in the global enterprise software sector, will take over as CEO, bringing a focus on customer-centric product development [4]. Group 2: Company Overview - ZetaDisplay, founded in 2003 in Sweden, is a leading player in the digital signage market, with operations in eight European countries and the US [6][8]. - The company has a turnover exceeding SEK 600 million and employs approximately 250 staff members [8]. - ZetaDisplay boasts over 125,000 active installations across more than 50 countries, serving many respected blue-chip brands [7].

Core Insights - Zeta Global (NYSE: ZETA) is viewed as a high-conviction investment idea, having experienced a 25% increase since the last coverage [1] - The company's second-quarter report highlights disciplined execution with positive trends in revenue, margins, and free cash flow [1] Leadership & Management Analysis - Zeta Global has a proven track record in scaling businesses, demonstrating smart capital allocation and insider ownership [1] - The company shows consistent revenue growth and provides credible guidance [1] Market Disruption & Competitive Positioning - Zeta Global benefits from a strong technology moat and first-mover advantage, which contribute to its competitive positioning [1] - The company experiences network effects that drive exponential growth and has significant market penetration in high-growth industries [1] Financial Health & Risk Management - The company maintains sustainable revenue growth with efficient cash flow and possesses a strong balance sheet [1] - Zeta Global has a long-term survival runway and avoids excessive dilution and financial weakness [1] Valuation & Asymmetric Risk/Reward - The valuation approach includes revenue multiples compared to peers and DCF modeling, ensuring downside protection with substantial upside potential [1] - Institutional backing and market sentiment analysis are also part of the valuation strategy [1] Portfolio Construction & Risk Control - The investment strategy includes core positions (50-70%) in high-confidence, stable plays, growth bets (20-40%) in high-risk, high-reward opportunities, and speculative positions (5-10%) in moonshot disruptors [1]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Zeta Global Holdings Corp. due to allegations of misleading financial practices and data collection methods that may have harmed long-term stockholders [2][4]. Group 1: Allegations Against Zeta - A report by Culper Research claims that Zeta's data collection and financial reporting integrity is compromised by two main issues: the use of "two-way" contracts with third-party consent farms and the operation of deceptive websites to collect consumer data [3]. - The report alleges that Zeta's revenue growth is artificially inflated through these practices, including "round-tripping" of revenue and reliance on predatory consent farms for data collection [3][4]. - Following the report, Zeta's stock price dropped by $10.46, or 37.07%, closing at $17.76 per share on November 13, 2024, with unusually high trading volume [3]. Group 2: Class Action Complaint - The class action complaint filed against Zeta alleges that the company's executives made materially false and misleading statements and failed to disclose adverse facts about its business operations and prospects [4]. - Specific allegations include the use of two-way contracts to inflate financial results, engagement in round-trip transactions, and reliance on predatory consent farms for user data collection, which have driven nearly all of Zeta's growth [4]. Group 3: Legal Representation - Bragar Eagel & Squire, P.C. is encouraging long-term stockholders of Zeta to contact them for discussions regarding their legal rights and potential claims related to the allegations [1][5].

Summary of Zeta Global Conference Call Company Overview - Zeta Global is a marketing technology company focused on B2C marketing, addressing challenges such as customer acquisition, growth, and retention for enterprise marketers [4][5][6] - The company differentiates itself by providing an all-in-one platform that integrates customer acquisition, growth, and retention, unlike traditional point solutions [5][6] Business Performance Highlights - The agency business is performing well, with significant traction among both large agency holding companies and independent agencies, doubling the number of independent agencies using the platform [10][11] - The OneZeta initiative is showing early success with cross-selling opportunities [11][13] - Integration with LiveIntent is progressing positively, contributing to customer growth and pipeline development for programmatic email products [12][47] Data and AI Capabilities - Zeta Global claims a unique data advantage, emphasizing the scale, durability, governance, and actionability of its proprietary data assets [15][16] - The company has been a pioneer in AI within marketing technology, claiming to be 12 to 18 months ahead of competitors in integrating AI into its platform [20][21] - Zeta's AI capabilities are deeply integrated into its operations, allowing for end-to-end workflow creation and optimization [21][23] Monetization Strategy - Current monetization efforts focus on increasing utilization of AI tools, leading to more effective marketing campaigns and higher frequency of use [26][27] - The company believes that democratizing AI access will drive future monetization [27] Competitive Landscape - Zeta Global differentiates itself from larger competitors like Salesforce and Adobe by focusing on performance improvements rather than merely providing more tools [34][35] - The platform's ability to operate across customer acquisition, growth, and retention creates a significant competitive moat [36] Growth Factors - The agency business is thriving due to the performance of Zeta's technology and data assets, which provide efficiencies and better outcomes for clients [41] - The OneZeta model presents a significant growth opportunity, as many customers are underutilized across multiple use cases [51][55] Future M&A Strategy - Zeta Global is open to future acquisitions that can be integrated into its existing stack, focusing on complementary capabilities [67][68] - The company aims to leverage cross-selling opportunities from acquired customer bases, as demonstrated with LiveIntent [69] Conclusion - Zeta Global is positioned for continued growth through its integrated platform, strong data assets, and AI capabilities, while also exploring strategic acquisitions to enhance its offerings [73]