ZipRecruiter price target lowered to $8 from $9 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan lowered the firm’s price target on ZipRecruiter (ZIP) to $8 from $9 and keeps a Neutral rating on the shares. ZipRecruiter reported Q4 revenue above expectations and management’s prior guidance range, with management framing cautious optimism on its fiscal 2025 outlook, the analyst tells investors in a research note. Goldman expects the debates around the business to focus on the leading indicators for a potential return to growth by 4Q25 and how the company balances investments against growth opportunities and the ensuing impact on margins.