LegalZoom.com, Inc. operates an online platform for legal and compliance solutions in the United States. The company's platform offers products and services, including business formations, creating estate planning documents, protecting intellectual property, completing certain forms and agreements, providing access to independent attorney advice, and connecting customers with experts for tax preparation and bookkeeping services. It serves small businesses and individuals. The company was founded in 1999 and is headquartered in Glendale, California.
IPO Year: 2021
Exchange: NASDAQ
Website: legalzoom.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
1/13/2025 | $8.00 → $9.00 | Underweight → Overweight | Analyst |
12/6/2024 | $9.00 | Neutral | UBS |
11/8/2024 | $8.00 | Neutral → Underweight | JP Morgan |
9/16/2024 | Mkt Perform | William Blair | |
7/31/2024 | $8.00 | Hold → Buy | Jefferies |
7/10/2024 | Overweight → Equal Weight | Barclays | |
7/10/2024 | $15.00 → $8.00 | Buy → Neutral | Citigroup |
7/10/2024 | Mkt Outperform → Mkt Perform | JMP Securities | |
7/10/2024 | $14.00 → $9.00 | Overweight → Neutral | JP Morgan |
7/10/2024 | $13.00 → $6.00 | Buy → Underperform | BofA Securities |
Partnership expands access to divorce services, offering options from Do-It-Yourself and Do-It-For-Me to fully guided solutions LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced a strategic partnership with Divorce.com to offer customers a seamless, technology-driven approach to navigating divorce proceedings. The collaboration aims to provide couples with accessible, affordable, and comprehensive legal solutions during one of life's most challenging transitions. By leveraging Divorce.com's technological expertise and operational support alongside LegalZoom's comprehensive legal and estate planning offerings, LegalZoom customers will be able to
MOUNTAIN VIEW, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced it will report its financial results for the first quarter ended March 31, 2025, on Wednesday, May 7, 2025, after the close of market. Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom First Quarter 2025 Conference Call Details Date:Wednesday, May 7, 2025Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Webcast:https://edge.media-server.com/mmc/p/jigc5g64
Expanded offering provides secure mail solutions for privacy and convenience, backed by LegalZoom's trusted reputation LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced the expansion of its Virtual Mail service to consumers, offering its trusted digital mail management solutions to individuals and families. LegalZoom Virtual Mail offers secure and convenient mail management and storage for anyone who wants to eliminate the need to receive paper mail or give out their physical address. Utilizing LegalZoom's Virtual Mail, customers eliminate the stress of missed documents and overwhelming junk mail by having mail delivered to a LegalZoom secure fa
Opens new leased office locations in Austin and Los Angeles to foster collaboration and innovation LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced the sale of its previously owned office building as of March 31, for approximately $38 million in cash. The company also announced the opening of new leased office spaces in Austin, Texas, and Sherman Oaks, California, designed to better align with the company's current needs. The moves underscore LegalZoom's commitment to a strong balance sheet and fostering collaboration, innovation, and employee engagement as the company continues to build its presence in these key markets. "The sale of our Aus
MOUNTAIN VIEW, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced Pratik Savai as its new Chief Technology Officer (CTO). In this role, he will spearhead advancing LegalZoom's technology ecosystem, optimizing platform scalability, and harnessing emerging technologies such as generative AI to simplify legal processes for individuals and businesses. "Pratik is an innovative leader with deep technical acumen and a passion for leveraging technology to empower consumers and small businesses," said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. "His leadership will be instrumental in driving
Continued strong execution with Q4 and full year 2024 financial results at high end of outlook rangeOngoing progress towards initiatives to grow subscription business; full-year subscription revenue of $436.2 million up 6% year-over-yearFull-year net income of $30.0 million, up 115% year-over-year, and net income margin of 4%Full year Adjusted EBITDA of $148.1 million, up 25% year-over-year, and Adjusted EBITDA margin of 22%, reflecting approximately 380 basis point expansion in Adjusted EBITDA margin $142.1 million of cash and cash equivalents and no debt outstanding as of December 31, 2024Subsequent to year end, announced the acquisition of Formation Nation to support growth strategy MOUN
MOUNTAIN VIEW, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced that Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will participate in the following upcoming investor conferences: The Citizens JMP Technology Conference in San Francisco, California. Management is scheduled to participate in a fireside chat on Monday, March 3rd at 9:00 a.m. PT and will host meetings with investors that same day.The Morgan Stanley Technology, Media & Telecom Conference in San Francisco, California. Management is scheduled to attend and host meeting
Announces preliminary Q4 and full year 2024 financial results at high end of outlook range Formation Nation's best-in-class customer service combined with LegalZoom's leading technology platform will deliver increased value to small business customers MOUNTAIN VIEW, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) -- LegalZoom (NASDAQ:LZ), a leading online platform for legal services, is pleased to announce it has acquired Formation Nation, a small business services company. Formation Nation provides services ranging from white-glove business formation and compliance offerings under its "Nevada Corporate Headquarters" (NCH) business to low-cost business formations under its flagship "Inc Autho
MOUNTAIN VIEW, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ) today announced it will report its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 26, 2025, after the close of market. Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom Fourth Quarter and Full Year 2024 Conference Call Details Date:Wednesday, February 26, 2025Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Webcast:https://edge.media-server.com/mmc/p/57d8d5vfDia
MOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- LegalZoom (NASDAQ:LZ), a leading online platform for legal services, today released new customer data showing that approximately 30% of new businesses are formed in the first quarter, up from 27% in 2021 – making January an ideal launching pad for a new business. For many entrepreneurs, forming an LLC remains a crucial step in business ownership, with 48% of LegalZoom business owners citing limiting personal liability as their primary motivation, while 50% seek the legitimacy that helps businesses grow and access capital. LegalZoom data shows almost 60% of new LegalZoom business owners are fulfilling their dreams by stepping into en
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Analyst upgraded LegalZoom.com from Underweight to Overweight and set a new price target of $9.00 from $8.00 previously
UBS initiated coverage of LegalZoom.com with a rating of Neutral and set a new price target of $9.00
JP Morgan downgraded LegalZoom.com from Neutral to Underweight and set a new price target of $8.00
William Blair initiated coverage of LegalZoom.com with a rating of Mkt Perform
Jefferies upgraded LegalZoom.com from Hold to Buy and set a new price target of $8.00
Barclays downgraded LegalZoom.com from Overweight to Equal Weight
Citigroup downgraded LegalZoom.com from Buy to Neutral and set a new price target of $8.00 from $15.00 previously
JMP Securities downgraded LegalZoom.com from Mkt Outperform to Mkt Perform
JP Morgan downgraded LegalZoom.com from Overweight to Neutral and set a new price target of $9.00 from $14.00 previously
BofA Securities downgraded LegalZoom.com from Buy to Underperform and set a new price target of $6.00 from $13.00 previously
Partnership expands access to divorce services, offering options from Do-It-Yourself and Do-It-For-Me to fully guided solutions LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced a strategic partnership with Divorce.com to offer customers a seamless, technology-driven approach to navigating divorce proceedings. The collaboration aims to provide couples with accessible, affordable, and comprehensive legal solutions during one of life's most challenging transitions. By leveraging Divorce.com's technological expertise and operational support alongside LegalZoom's comprehensive legal and estate planning offerings, LegalZoom customers will be able to
MOUNTAIN VIEW, Calif., March 24, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced Pratik Savai as its new Chief Technology Officer (CTO). In this role, he will spearhead advancing LegalZoom's technology ecosystem, optimizing platform scalability, and harnessing emerging technologies such as generative AI to simplify legal processes for individuals and businesses. "Pratik is an innovative leader with deep technical acumen and a passion for leveraging technology to empower consumers and small businesses," said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. "His leadership will be instrumental in driving
MOUNTAIN VIEW, Calif., Nov. 19, 2024 (GLOBE NEWSWIRE) -- LegalZoom (NASDAQ:LZ) announced today that Nathan Gooden has been appointed to its Board of Directors, effective immediately. Mr. Gooden was also appointed to LegalZoom's Audit Committee and Compensation Committee. John Murphy, LegalZoom's Lead Independent Director, stated, "We are pleased to welcome Nathan to the Board. His experience leading finance functions across multiple small business and ecommerce technology-focused organizations is directly applicable to the strategic direction of LegalZoom, and we are confident he will make significant contributions to our Board as we continue to focus on achieving high-value customer grow
Americans are encouraged to check estate planning off of their to-do list this AugustLegalZoom is the trusted leader in online estate plans with a network of experienced attorneys MOUNTAIN VIEW, Calif., July 31, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ) is turning August's National Make-A-Will Month into an opportunity for Americans to safeguard their futures and loved ones with a limited-time discount from August 1 to August 31: 10% off for new customers and 20% off for existing customers. As the nation's leading destination for online estate plans, LegalZoom is urging individuals to seize the moment and finalize their estate plans by the end of August. A revealing 2024 s
Current Chairman Jeffrey Stibel to become next CEO John Murphy named Lead Independent Director MOUNTAIN VIEW, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ) today announced that the Company's current Chairman of the Board of Directors, Jeffrey Stibel, has been named LegalZoom's next CEO, effective immediately. LegalZoom has also appointed John Murphy as the Lead Independent Director of the Board. As part of this transition, current Chief Executive Officer Dan Wernikoff will be departing the Company, including resigning from the Board. The Board and Mr. Wernikoff decided that now is the right time for this transition, as the Company increases its focus on shi
MOUNTAIN VIEW, Calif., April 16, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), a leading online platform for legal services, today announced it will report its financial results for the first quarter ended March 31, 2025, on Wednesday, May 7, 2025, after the close of market. Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom First Quarter 2025 Conference Call Details Date:Wednesday, May 7, 2025Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Webcast:https://edge.media-server.com/mmc/p/jigc5g64
Continued strong execution with Q4 and full year 2024 financial results at high end of outlook rangeOngoing progress towards initiatives to grow subscription business; full-year subscription revenue of $436.2 million up 6% year-over-yearFull-year net income of $30.0 million, up 115% year-over-year, and net income margin of 4%Full year Adjusted EBITDA of $148.1 million, up 25% year-over-year, and Adjusted EBITDA margin of 22%, reflecting approximately 380 basis point expansion in Adjusted EBITDA margin $142.1 million of cash and cash equivalents and no debt outstanding as of December 31, 2024Subsequent to year end, announced the acquisition of Formation Nation to support growth strategy MOUN
Announces preliminary Q4 and full year 2024 financial results at high end of outlook range Formation Nation's best-in-class customer service combined with LegalZoom's leading technology platform will deliver increased value to small business customers MOUNTAIN VIEW, Calif., Feb. 10, 2025 (GLOBE NEWSWIRE) -- LegalZoom (NASDAQ:LZ), a leading online platform for legal services, is pleased to announce it has acquired Formation Nation, a small business services company. Formation Nation provides services ranging from white-glove business formation and compliance offerings under its "Nevada Corporate Headquarters" (NCH) business to low-cost business formations under its flagship "Inc Autho
MOUNTAIN VIEW, Calif., Feb. 05, 2025 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ) today announced it will report its financial results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 26, 2025, after the close of market. Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Operating Officer and Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom Fourth Quarter and Full Year 2024 Conference Call Details Date:Wednesday, February 26, 2025Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Webcast:https://edge.media-server.com/mmc/p/57d8d5vfDia
MOUNTAIN VIEW, Calif., Oct. 16, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), today announced it will report its financial results for the third quarter ended September 30, 2024, on Wednesday, November 6, 2024, after the close of market. Jeff Stibel, Chairman & Chief Executive Officer, and Noel Watson, Chief Financial Officer & Chief Operating Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom Third Quarter 2024 Conference Call Details Date:Wednesday, November 6, 2024Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Webcast:https://edge.media-server.com/mmc/p/i58vs4s5Dial In:https://register.vevent.com/r
Second quarter subscription revenue of $108.8 million for the quarter, an increase of 6% year-over-yearAnnounces three execution priorities designed to reaccelerate growth and enhance marginsAnnounces restructuring and approximately $25 million of annualized savings MOUNTAIN VIEW, Calif., Aug. 07, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced results for its second quarter ended June 30, 2024. "I am excited to be taking an active and direct role in executing LegalZoom's growth strategy," said Jeff Stibel, Chairman and Chief Executive Officer of LegalZoom. "Moving forward, we are focused on driving more resi
MOUNTAIN VIEW, Calif., July 18, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced it will report its financial results for the second quarter ended June 30, 2024 on Wednesday, August 7, 2024, after the close of market. Jeff Stibel, Chairman and Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom Second Quarter 2024 Conference Call Details Date:Wednesday, August 7, 2024 Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time) Webcast:https://edge.media-server.com/mmc/p/ikog4cr5/ Dia
Revenue of $174.2 million for the quarter, an increase of 5% year-over-yearSubscription revenue of $107.9 million for the quarter, an increase of 10% year-over-year$228.1 million of cash and cash equivalents and no debt outstanding as of March 31, 2024 MOUNTAIN VIEW, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced results for its first quarter ended March 31, 2024. "I am excited by the momentum we are seeing across our ecosystem. We began the year with strong demand for our new compliance offering, continued to enhance our formations experience, and are innovating towards creating a modern tec
MOUNTAIN VIEW, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced it will report its financial results for the first quarter ended March 31, 2024 on Tuesday, May 7, 2024, after the close of market. Dan Wernikoff, Chief Executive Officer, and Noel Watson, Chief Financial Officer, will host a conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results. LegalZoom First Quarter 2024 Conference Call Details Date:Tuesday, May 7, 2024Time:4:30 p.m. Eastern Time (1:30 p.m. Pacific Time)Telco Registration:Please register for the conference call by clicking here
Revenue of $158.7 million for the quarter, an increase of 8% year-over-year; and $660.7 million for the year, up 7% year-over-yearSubscription revenue of $106.7 million for the quarter, an increase of 17% year-over-year; and $412.9 million for the year, up 15% year-over-year$225.7 million of cash and cash equivalents and no debt outstanding as of December 31, 2023 MOUNTAIN VIEW, Calif., Feb. 22, 2024 (GLOBE NEWSWIRE) -- LegalZoom.com, Inc. (NASDAQ:LZ), the No. 1 choice in online small business formations, today announced results for its fourth quarter and year ended December 31, 2023, including the following highlights: Revenue was $158.7 million for the quarter, up 8% year-over-year. Tr
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