ZipRecruiter (ZIP) Stock Price: $26 Target And Buy Rating

By Amit Chowdhry ● Jun 12, 2022
  • The shares of ZipRecruiter Inc (NYSE: ZIP) have received a $26 price target from Goldman Sachs. These are the details.

The shares of ZipRecruiter Inc (NYSE: ZIP) have received a $26 price target from Goldman Sachs. And Goldman Sachs analyst Eric Sheridan is maintaining a “Buy” rating on the shares.

Sheridan adjusted the rating following the company’s first-quarter results. For the quarter, ZipRecruiter reported a Q1 EPS of $0.07, which was $0.07 higher than analyst estimates of $0. And the revenue for the quarter was $227 million compared to the consensus estimate of $220.95 million.

In terms of guidance, ZipRecruiter expects a Q2 2022 revenue of between $231 million and $257 million, compared to the consensus of $224.65 million. And ZipRecruiter expects FY2022 revenue of between $908 million and $922 million, compared to the consensus of $892.98 million.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.