Evercore ISI analyst Kirk Materne maintained a Hold rating on Zendesk (NYSE:ZEN) on Friday, setting a price target of $160, which is approximately 9.48% above the present share price of $146.15.
Materne expects Zendesk to post earnings per share (EPS) of -$0.60 for the second quarter of 2021.
The current consensus among 14 TipRanks analysts is for a Strong Buy rating of shares in Zendesk, with an average price target of $183.
The analysts price targets range from a high of $195 to a low of $160.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $283.5 million and a net profit of -$54.79 million. The company's market cap is $17.3 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 28.3% and a 82.79% 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.