
Legalzoom.com (LZ) Stock Forecast & Price Target
Legalzoom.com (LZ) Analyst Ratings
Bulls say
LegalZoom.com Inc has demonstrated stable yearly subscriber retention rates of approximately 63% as of December 2024, highlighting its ability to maintain customer loyalty amidst a competitive marketplace. The company's strategic focus on bundling services, particularly e-signature, accounting solutions, and compliance subscriptions, has driven growth in subscription units, positioning it favorably for upselling additional services. Furthermore, as a leading provider of diverse legal and compliance services, LegalZoom's revamped formation process, which includes personalized engagement, enhances its appeal to small business owners seeking efficient and cost-effective solutions.
Bears say
LegalZoom.com Inc has recently experienced a significant decline in website traffic, with a reported 23% year-over-year drop in February, reflecting a broader concerning trend in the business registration sector. The company is projected to see a 5.5% year-over-year decline in business formations for the upcoming quarter, highlighting challenges in maintaining market share amidst falling business applications. Furthermore, LegalZoom's reliance on small-to-medium businesses presents inherent risks such as higher customer churn, coupled with increasing advertising expenses and a limited ability to adjust pricing due to its nature as a necessary business expense rather than a revenue-generating service.
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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