# LegalZoom.com, Inc. (LZ)

> Source: Nexqual · https://nexqual.com/LZ · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, LegalZoom.com, Inc. (LZ), nexqual.com/LZ" · informational, not investment advice.

**Price:** USD 6.2 (+3.51% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 5.99 · day 6.08–6.32 · 52w 5.22–12.4 · market cap $1.06B · NMS

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $792M, net income $16.9M (2.1% margin), free cash flow $150M (SEC filings).
- Valuation: P/E 63.0x (avg 107.4x at the last 3 fiscal year-ends).
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $3.6M; 1 not under a Rule 10b5-1 plan ($2.9M).
- Analysts: Hold (mean 2.75 on a 1–5 scale) (8 analysts), mean target USD 7.6 (range 6–9).
- Total return with dividends: 1Y -37.3% vs S&P 500 +18.1%; 5Y -75.3% vs S&P 500 +85.1%.
- Next earnings: 2026-11-04, EPS estimate USD 0.2, revenue estimate $194M.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $575M | $620M | $661M | $682M | $756M | $792M |
| Gross profit | $386M | $409M | $421M | $442M | $498M | — |
| Operating income | -$85.1M | -$41.7M | $21.1M | $35.6M | $25.0M | $32.5M |
| Net income | -$109M | -$48.7M | $14.0M | $30.0M | $15.4M | $16.9M |
| EPS (diluted) | -$0.67 | -$0.25 | $0.07 | $0.16 | $0.08 | — |
| Free cash flow | $42.4M | $51.7M | $92.7M | $99.9M | $148M | $150M |
| Gross margin | 67.1% | 66.0% | 63.8% | 64.8% | 65.9% | — |
| Operating margin | -14.8% | -6.7% | 3.2% | 5.2% | 3.3% | 4.1% |
| Net margin | -18.9% | -7.9% | 2.1% | 4.4% | 2.0% | 2.1% |
| Revenue growth | +22.2% | +7.8% | +6.6% | +3.2% | +10.9% | — |
| Cash + short-term investments | $239M | $189M | $226M | $142M | $203M | — |
| Total debt | $0K | — | — | — | — | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 63.0x · P/S 1.3x · P/FCF 7.1x · P/B 8.3x · FCF yield 14.09% · Earnings yield 1.59% · Buyback yield (TTM) 14.04%
P/E at fiscal year-ends: Dec 2025 118.9x, Dec 2024 45.8x, Dec 2023 157.4x.

## Insider sales (SEC Form 4, open-market, last ~7 months)
3 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan |
|---|---|---|---|---|---|---|
| 2026-08-20…2026-08-21 | Watson Noel Bertram | Chief Operating Officer & CFO | 500,000 | $2.9M | 26.2% | No |
| 2026-08-17…2026-08-18 | Miller Nicole | CHIEF LEGAL OFFICER | 77,475 | $427K | 7.6% | Yes (adopted November 9, 2025) |
| 2026-05-19 | Miller Nicole | CHIEF LEGAL OFFICER | 19,199 | $126K | 1.7% | Yes (adopted November 9, 2025) |
| 2026-05-18 | Watson Noel Bertram | Chief Operating Officer & CFO | 15,000 | $97K | 0.7% | Yes (adopted May 20, 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

## Analysts
Consensus Hold (mean 2.75 on a 1–5 scale), 8 analysts; mean target USD 7.6 (low 6, high 9).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-06 | William Blair | Downgrade | Outperform → Market Perform |  |
| 2026-08-06 | JP Morgan | Downgrade | Overweight → Neutral | $8 → $7 |
| 2026-06-24 | JP Morgan | Target lowered | Overweight | $11 → $8 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2021-10-11) |
|---|---|---|
| Total return | -37.3% | -75.3% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -37.4% | -24.3% |
| Volatility (annualized) | 63.4% | 56.1% |
| Max drawdown | -50.3% (Nov 2025→Aug 2026) | -80.5% (Oct 2021→Mar 2026) |

## Peers (Specialty Business Services)
BV (BrightView Holdings, Inc.) USD 10.53 -2.50% · RHLD (Resolute Holdings Management) USD 117.86 -0.67% · KODK (Eastman Kodak Company) USD 8.97 -2.50% · BUUU (BUUU Group Limited) USD 43.49 +2.76% · TRNS (Transcat, Inc.) USD 82.61 -4.98% · BKSY (BlackSky Technology Inc.) USD 18.45 -6.44%

## More
Full page: https://nexqual.com/LZ · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt