Brokerages Set LegalZoom.com, Inc. (NASDAQ:LZ) Target Price at $8.25

Posted by Geri Gentry on Jul 31st, 2026

Shares of LegalZoom.com, Inc. (NASDAQ:LZ – Get Free Report) have earned an average recommendation of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $8.25.

A number of research analysts have issued reports on the company. UBS Group decreased their target price on LegalZoom.com from $8.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, May 7th. JPMorgan Chase & Co. lowered their price objective on LegalZoom.com from $11.00 to $8.00 and set an “overweight” rating for the company in a research note on Wednesday, June 24th. Weiss Ratings reiterated a “sell (d+)” rating on shares of LegalZoom.com in a report on Thursday, July 2nd. Citigroup cut their target price on shares of LegalZoom.com from $8.50 to $7.50 and set a “neutral” rating on the stock in a research report on Friday, May 22nd. Finally, Wall Street Zen upgraded shares of LegalZoom.com from a “hold” rating to a “buy” rating in a research report on Tuesday.

Check Out Our Latest Analysis on LZ

Insider Buying and Selling

In related news, insider Nicole Miller sold 19,199 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $6.58, for a total transaction of $126,329.42. Following the completion of the transaction, the insider directly owned 1,119,222 shares of the company’s stock, valued at $7,364,480.76. This trade represents a 1.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Noel Bertram Watson sold 15,000 shares of LegalZoom.com stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $6.45, for a total value of $96,750.00. Following the transaction, the chief financial officer directly owned 2,041,847 shares in the company, valued at $13,169,913.15. The trade was a 0.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 7.40% of the stock is currently owned by insiders.

Institutional Investors Weigh In On LegalZoom.com

Several institutional investors and hedge funds have recently made changes to their positions in LZ. Goldman Sachs Group Inc. lifted its stake in shares of LegalZoom.com by 165.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 3,730,487 shares of the company’s stock worth $37,044,000 after acquiring an additional 2,324,481 shares during the period. Boston Partners acquired a new stake in LegalZoom.com during the 3rd quarter valued at approximately $20,686,000. Bank of America Corp DE increased its position in LegalZoom.com by 187.4% during the 1st quarter. Bank of America Corp DE now owns 2,509,891 shares of the company’s stock valued at $14,231,000 after purchasing an additional 1,636,487 shares during the period. Qube Research & Technologies Ltd raised its holdings in LegalZoom.com by 180.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 1,797,252 shares of the company’s stock worth $16,014,000 after purchasing an additional 1,156,462 shares during the last quarter. Finally, Norges Bank bought a new position in LegalZoom.com during the 4th quarter worth approximately $10,526,000. Institutional investors and hedge funds own 81.99% of the company’s stock.

LegalZoom.com Price Performance

Shares of LZ opened at $7.86 on Tuesday. The firm has a 50 day simple moving average of $6.62 and a two-hundred day simple moving average of $6.80. LegalZoom.com has a one year low of $5.22 and a one year high of $12.40. The company has a market cap of $1.35 billion, a P/E ratio of 131.01, a P/E/G ratio of 1.48 and a beta of 1.31.

LegalZoom.com (NASDAQ:LZ – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.01). LegalZoom.com had a net margin of 1.46% and a return on equity of 11.53%. The business had revenue of $206.78 million during the quarter, compared to analyst estimates of $202.14 million. During the same period in the prior year, the business posted $0.13 EPS. The company’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, analysts expect that LegalZoom.com will post 0.32 earnings per share for the current fiscal year.

LegalZoom.com Company Profile

(Get Free Report)

LegalZoom.com, Inc (NASDAQ: LZ) operates as a leading online legal technology company that provides a broad range of legal and business services to individuals, families and small businesses. Through its digital platform, the company offers customized legal documents and filing services, including business formation (LLCs, corporations and nonprofits), estate planning (wills and trusts), intellectual property protection (trademarks and copyrights), and ongoing compliance support. LegalZoom also connects customers with independent attorneys for consultations on matters such as family law, immigration and real estate.

Founded in 2001 by entrepreneurs Brian Lee, Brian P.