
Legalzoom.com (LZ) Stock Forecast & Price Target
Legalzoom.com (LZ) Analyst Ratings
Bulls say
LegalZoom.com Inc. stands to benefit from the increasing trend in business applications, which reached 583,054 in April, reflecting a 31% year-over-year growth and a remarkable 95% increase compared to April 2019. This surge suggests a robust entrepreneurial environment that aligns well with LegalZoom's service offerings tailored to meet the legal needs of small businesses. Moreover, the positive movement in Fiserv's Small Business Index, which indicated a month-over-month increase of 0.4%, further supports the ongoing demand for LegalZoom's comprehensive legal services and compliance solutions.
Bears say
LegalZoom.com has experienced a notable decline in website traffic, recording a 29% year-over-year decrease in April, which follows a trend of diminishing traffic in the preceding months. This decline has contributed to a projected 2.0% year-over-year reduction in business formations for the second quarter of 2025, reflecting a concerning trend in the company's core service offerings. Furthermore, the slight decrease in market share for website visits, now at 31.3%, indicates a potential erosion of LegalZoom's competitive position within the online legal services industry.
This aggregate rating is based on analysts' research of Legalzoom.com and is not a guaranteed prediction by Public.com or investment advice.
Legalzoom.com (LZ) Analyst Forecast & Price Prediction
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