Evercore ISI analyst Kirk Materne maintained a Hold rating on Zendesk (NYSE:ZEN) on Friday, setting a price target of $175, which is approximately 34.07% above the present share price of $130.53.
Materne expects Zendesk to post earnings per share (EPS) of -$0.42 for the third quarter of 2021.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Zendesk, with an average price target of $181.67.
The analysts price targets range from a high of $190 to a low of $175.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $298.05 million and a net profit of -$37.28 million. The company's market cap is $15.49 billion.
According to TipRanks.com, Evercore ISI analyst Kirk Materne is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 27.1% and a 83.33% success rate.
Zendesk, Inc. engages in the provision of customer service platform which enables companies to provide customer support. Its products and services include support; guide; chat; talk; message; inbox team email; explore; connect plus outbound; integrations and apps; embeddables; insights and analytics; and products update. Its also features ticketing system; community forums; help desk software; IT help desk; security; and tech specs. The company was founded by Mikkel Asger Svane, Morten Primdahl and Alexander Aghassipour in 2007 and is headquartered in San Francisco, CA.