Company Overview - LegalZoom (LZ) shares increased by 6.8% to close at $9, with a notable trading volume, and have gained 7.8% over the past four weeks [1] - An analyst at J.P. Morgan upgraded LegalZoom's stock rating from Underweight to Overweight and raised the price target from $8.00 to $9.00 [1][2] Financial Performance - The analyst's upgrade is supported by improved business formation data, indicating a reversal from declines in 2024 [2] - LegalZoom is expected to provide 2025 adjusted EBITDA guidance that exceeds analysts' estimates by at least 5% [2] - The anticipated adjusted EBITDA for 2025 is projected to be $15 million higher year-over-year, compared to a consensus estimate of an $8 million increase [3] Earnings Expectations - LegalZoom is expected to report quarterly earnings of $0.17 per share, reflecting a year-over-year increase of 30.8% [4] - Revenue for the upcoming quarter is projected at $160.52 million, a 1.2% increase from the previous year [4] - The consensus EPS estimate for the quarter has been revised 13.3% higher over the last 30 days, indicating a positive trend in earnings estimate revisions [5] Industry Context - LegalZoom operates within the Zacks Industrial Services industry, where W.W. Grainger (GWW) also resides, having closed 1% higher at $1,132.42 [5] - GWW's consensus EPS estimate has changed by -0.7% over the past month, with a year-over-year change of 17.1% [6]

Core Viewpoint - LegalZoom (LZ) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][2] Current-Quarter Estimate Revisions - The expected earnings for the current quarter are $0.17 per share, reflecting a year-over-year increase of +30.77% [4] - Over the past 30 days, one estimate has been revised upward with no negative revisions, leading to a 13.33% increase in the Zacks Consensus Estimate [4] Current-Year Estimate Revisions - For the full year, LegalZoom is projected to earn $0.53 per share, representing a year-over-year change of +29.27% [5] - The trend for current-year estimates is positive, with one upward revision and no negative changes, resulting in a 6.57% increase in the consensus estimate [5] Favorable Zacks Rank - LegalZoom currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts regarding positive earnings revisions [6] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [6] Bottom Line - LegalZoom's strong estimate revisions have led to a 5.8% increase in stock price over the past four weeks, suggesting further upside potential [7]

LegalZoom.com Inc LZ could benefit from the positive inflection in business formations in November and December 2024, according to JPMorgan.The LegalZoom.com Analyst: Analyst Ella Smith upgraded the rating for LegalZoom.com from Underweight to Overweight, while raising the price target from $8 to $9.The LegalZoom.com Thesis: While there were steep declines business formations data through most of 2024, the data for the last two months of the year "seems to indicate the trend is reversing," Smith said in the ...

Entrepreneurs are motivated by aspirations like fulfilling dreams, validating their efforts, and protecting their assets. Now is the time for entrepreneurs to turn New Year's dreams into business realitiesMOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq:LZ), a leading online platform for legal services, today released new customer data showing that approximately 30% of new businesses are formed in the first quarter, up from 27% in 2021 – making January an ideal launching pad for a ...

Core Viewpoint - Robbins LLP is investigating LegalZoom.com, Inc. for potential violations of securities laws and breaches of fiduciary duties by certain officers and directors [1] Group 1: Company Overview - LegalZoom.com, Inc. operates an online platform that addresses legal, compliance, and business management needs for small businesses and consumers in the United States [1] Group 2: Legal Investigation - The investigation aims to determine if there were any breaches of fiduciary duties to shareholders by the company's officers and directors [1] - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information about their rights [2] Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, recovering over $1 billion for shareholders [4]

In an expensive market environment, investors have to be more selective when it comes to stock-picking and be willing to look in corners of the market that are largely ignored by mainstream investors. In my view, plenty of opportunity lies in these small-capWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has ...

I wrote about LegalZoom (NASDAQ: LZ ) previously (in March) with a buy rating, as I expected EBITDA to inflect upwards, driven by revenue growth and expanding margins. I reiterate my buy rating for LZ. Although performance has been disappointing soI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms- ...

MOUNTAIN VIEW, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- LegalZoom (NASDAQ:LZ), a leading online platform for legal services, is pleased to announce a multi-year strategic partnership with 1-800Accountant, a national financial services firm. With this partnership, LegalZoom will offer customers access to year-round, full-service bookkeeping and tax solutions delivered by 1-800Accountant, ensuring small business owners can access tax preparation support that best meets their needs. This collaboration enhance ...

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. What Now: If you own shares of LegalZoom. ...

MOUNTAIN VIEW, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) -- As small businesses face increasing competition in the digital age, LegalZoom (Nasdaq:LZ), a leading online platform for legal services, urges small business owners to safeguard their intellectual property through trademark registration and other protection measures. While the rise of artificial intelligence (AI)-powered tools can simplify business processes, they have also made it easier for competitors to copy branding elements, products, and servic ...