Oppenheimer analyst Koji Ikeda maintained a Buy rating on Zendesk (NYSE:ZEN) on Thursday, setting a price target of $170, which is approximately 15.76% above the present share price of $146.85.
Ikeda expects Zendesk to post earnings per share (EPS) of -$0.35 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Zendesk, with an average price target of $149.82.
The analysts price targets range from a high of $175 to a low of $113.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $261.93 million and a net profit of -$28.33 million. The company's market cap is $17.13 billion.
According to TipRanks.com, Oppenheimer analyst Koji Ikeda is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 44.9% and a 90.68% 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.