LegalZoom.com, Inc. together with its subsidiaries, operates an online platform that supports the legal, compliance, and business management needs of small businesses and consumers in the United States. The company’s platform offers business formation products, such as limited liability company, incorporation of C and S corporations, nonprofit formations, doing-business-as, corporate changes and filings, business licenses, legal forms, and beneficial ownership information reports; and intellectual property products consisting of trademark and patent applications, and copyright registrations. It also provides consumer, estate planning, and other services comprising last will and testament, living will, living trust, power of attorney, and name change. In addition, the company offers subscriptions services, including registered agent, compliance, attorney advice, tax advice and preparation, eSignature, virtual mail and check deposit services, trademark monitoring, and estate planning bundle. The company was incorporated in 1999 and is headquartered in Mountain View, California.
Strategic Pivot | Explore LegalZoom's transition to a subscription-based model, aiming for more stable revenue streams and increased customer lifetime value |
Acquisition Impact | Formation Nation acquisition brings $60M revenue potential, expanding LegalZoom's market reach and cross-selling opportunities |
Market Challenges | Delve into LegalZoom's response to declining business formations and intense competition in the legal tech landscape |
Financial Outlook | Analysts project mid single-digit revenue growth for 2025, with price targets ranging from $8 to $10, reflecting market uncertainties |
Metrics to compare | LZ | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipLZPeersSector | |
|---|---|---|---|---|
P/E Ratio | 80.5x | 27.9x | 12.3x | |
PEG Ratio | −9.47 | 0.25 | 0.03 | |
Price/Book | 8.9x | 4.3x | 1.4x | |
Price / LTM Sales | 2.5x | 3.2x | 1.2x | |
Upside (Analyst Target) | 18.9% | 34.3% | 19.7% | |
Fair Value Upside | Unlock | 21.4% | 6.1% | Unlock |