Zacks Rating on Zendesk (ZEN)

Zendesk (ZEN) : Zacks Investment Research ranks Zendesk (ZEN) as 1, which is a Strong Buy recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 1.27, which indicates as a Strong Buy.

Zendesk (ZEN) : Average target price received by Zendesk (ZEN) is $33.11 with an expected standard deviation of $2.47. The most aggressive target on the stock is $35, whereas the most downbeat target is $28. 9 financial analysts are currently covering the stock.


Shares of Zendesk, Inc. rose by 4.14% in the last five trading days and 11.27% for the last 4 weeks. Zendesk, Inc. is up 26.37% in the last 3-month period. Year-to-Date the stock performance stands at 18%. Zendesk (NYSE:ZEN): stock turned positive on Tuesday. Though the stock opened at $31.14, the bulls momentum made the stock top out at $31.33 level for the day. The stock recorded a low of $30.95 and closed the trading day at $31.2, in the green by 1.07%. The total traded volume for the day was 607,543. The stock had closed at $30.87 in the previous days trading.

Zendesk, Inc. (Zendesk) is a software development company. The Company provides software as a service (SaaS) customer service platform. The Company answers customers questions and solves their problems through email, chat, voice, social media and Websites. Its platform also helps people find answers on their own through knowledge bases and communities. The Companys platform consolidates the data from customer interactions and provides organizations with analytics and performance benchmarking. The Company, through its subsidiary Zopim, provides live chat software as a standalone service and as an integrated service with its customer service platform for chat-enabled agents. The Company also offers freemium plans for its customer service platform and live chat software, as well as email collaboration software. Its customers are located in 150 countries and territories and provide service through its customer service platform in over 40 languages.

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