JMP Securities analyst Patrick Walravens maintained a Buy rating on Zendesk (NYSE:ZEN) on Friday, setting a price target of $193, which is approximately 50.72% above the present share price of $128.05.
Walravens expects Zendesk to post earnings per share (EPS) of -$0.49 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Zendesk, with an average price target of $182.
The analysts price targets range from a high of $193 to a low of $175.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $318.22 million and a net profit of -$42.42 million. The company's market cap is $15.37 billion.
According to TipRanks.com, JMP Securities analyst Patrick Walravens is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 30.0% and a 73.23% 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.