LegalZoom.com Inc is a technology-driven company that provides online legal solutions and services to individuals and small businesses. Its platform allows users to access a wide range of legal documents, including wills, business formation, and trademark registration, often simplifying the process of obtaining legal assistance without the need for traditional in-person consultations with attorneys. By offering affordable and accessible legal resources, LegalZoom aims to empower users to navigate their legal needs with ease and confidence. The company also provides support services, including legal advice from licensed attorneys, enhancing its capability to serve clients in various legal matters. Read More
While the financial headlines often gravitate towards the colossal movements of major tech behemoths and the dramatic swings following quarterly earnings reports, today's market showcased a compelling narrative of individual stocks making significant strides. Beyond the usual suspects, companies like Taiwan Semiconductor Manufacturing Company (NYSE: TSM) have emerged as standout
Shares of online legal service provider LegalZoom (NASDAQ:LZ) jumped 42.4% in the morning session after it received a significant upgrade from Bank of America and posted strong second-quarter financial results that topped Wall Street's expectations. Bank of America raised its rating on LegalZoom to Buy from Underperform and boosted its price target to $12 from $8, citing the company's successful shift to a subscription-based model and benefits from new AI partnerships. The upgrade followed a strong second-quarter earnings report, where revenue grew 9% year-over-year to $192.5 million, surpassing analyst expectations. This growth was fueled by a 10% increase in subscription revenue. Based on this performance, LegalZoom raised its full-year 2025 revenue growth outlook from a previous 5% to 8%, signaling confidence in its continued momentum.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
Online legal service provider LegalZoom (NASDAQ:LZ) reported Q2 CY2025 results topping the market’s revenue expectations, with sales up 8.5% year on year to $192.5 million. On top of that, next quarter’s revenue guidance ($183 million at the midpoint) was surprisingly good and 3.3% above what analysts were expecting. Its GAAP loss of $0 per share was in line with analysts’ consensus estimates.
LegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, announced today that its products are being leveraged to provide legal guidance within OpenAI’s newest release, ChatGPT agent. The collaboration enables ChatGPT agent to access LegalZoom’s robust legal resources through advanced AI capabilities to ensure users are given high quality legal information and insight.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
LegalZoom trades at $9.04 and has moved in lockstep with the market. Its shares have returned 7.2% over the last six months while the S&P 500 has gained 4.3%.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the online marketplace industry, including LegalZoom (NASDAQ:LZ) and its peers.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
A cash-heavy balance sheet is often a sign of strength, but not always.
Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Online legal service provider LegalZoom (NASDAQ:LZ) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 5.1% year on year to $183.1 million. The company expects next quarter’s revenue to be around $183 million, close to analysts’ estimates. Its non-GAAP profit of $0.13 per share was in line with analysts’ consensus estimates.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
LegalZoom.com, Inc. (Nasdaq: LZ), a leading online platform for legal services, today announced a strategic partnership with Perplexity to empower legal solutions for Perplexity Pro subscribers. This marks the first known partnership between a legal services provider and a major generative AI platform, underscoring LegalZoom’s commitment to meeting consumers at the cutting edge of how people seek and use information online.
