equitysell

LZ

LZ (LegalZoom.com, Inc.) — Nasdaq Global Select Market. Recent company filings include the Form 10‑K for fiscal year ended 2025‑12‑31 and multiple Form 10‑Q filings for 2025–2026. Current actionable view: sell.

Opportunity
69 / 100
Current score
-1.20
Thesis calls
4
Active ticker theses
2

Recent proof-backed thesis calls

Recent published calls reference the company’s public filings: the 2025 Form 10‑K and quarterly 10‑Q filings for 2025‑06‑30 and 2026‑03‑31. Filings confirm LegalZoom’s subscription-heavy revenue mix (≈65% subscription revenue for year ended 2025‑12‑31), the Formation Nation acquisition in Feb 2025, and ongoing risks tied to business formations, customer conversion and compliance. Latest trading note records a routine technical pullback with a gap-down and volume contraction.

LEGALZOOM.COM, INC.sec_filingswrong

The provided excerpt is only the cover/header section of LegalZoom.com, Inc.’s Form 10-Q for the quarter ended March 31, 2026 (identifying the issuer, exchange listing, filing status, and basic corporate details). It does not include financial statements, MD&A, guidance, KPIs, risk updates, or any quantitative/qualitative changes that would support a tradable thesis.

Mentioned: May 6, 2026, 5:01 PM EDTConviction: 60 / 100Observed price: $6.28 on 2026-05-06Return: 22.26%
Source: LZ 10-Q report for 2026-03-31
LEGALZOOM.COM, INC.sec_filingswrong

The provided excerpt is only the LegalZoom (LZ) Form 10‑K cover page (issuer/filing metadata) and does not include financial results, guidance, risk factors, MD&A, or segment/operating metrics. As-is, it contains no tradable fundamental signal beyond confirming LZ is Nasdaq-listed and filed an annual report for FY ended 2025‑12‑31.

Mentioned: Feb 23, 2026, 4:07 PM ESTConviction: 60 / 100Observed price: $6.23 on 2026-02-23Return: 22.26%
Source: LZ 10-K report for 2025-12-31
LEGALZOOM.COM, INC.sec_filingswrong

The provided text is only the cover page/header of LegalZoom.com, Inc. (LZ) Form 10-Q for the quarter ended Sep 30, 2025. It contains filing/registration metadata (exchange, ticker, address, reporting compliance checkboxes) but no financial statements, KPI trends, guidance, risk disclosures, or MD&A content. As such, it is not actionable for forming a directional investment view from fundamentals.

Mentioned: Nov 5, 2025, 5:16 PM ESTConviction: 60 / 100Observed price: $10.18 on 2025-11-05Return: 22.26%
Source: LZ 10-Q report for 2025-09-30
LEGALZOOM.COM, INC.sec_filingswrong

The provided text is only the cover/header portion of LegalZoom.com, Inc. (LZ) Form 10-Q (quarter ended 2025-06-30) and contains no financial statements, MD&A, guidance, liquidity details, risk updates, or segment metrics. As-is, it is not actionable for forming a bullish/bearish view or a trade beyond noting an earnings/filing-related event context.

Mentioned: Aug 7, 2025, 5:15 PM EDTConviction: 60 / 100Observed price: $8.37 on 2025-08-07Return: 22.26%
Source: LZ 10-Q report for 2025-06-30

Latest market-close explanation

Market driver: technical. LZ opened on a gap down, traded to a low near $5.60, closed lower on weaker volume — characterized as a routine de‑risking/technical pullback rather than headline-driven repricing. Key levels to watch: support ~$5.60, resistance ~$6.00–6.16; monitor volume on up days for stabilization.

2026-06-10Move: 4.63%Close: $5.87market

**LZ** (LZ) moved **+4.63%** on 2026-06-10, closing at **$5.87** after a previous close of **$5.61**. Intraday range was **$5.54** to **$5.94**. Volume changed **+78.8%** versus the prior session. No strong internal catalyst was found, so the move may reflect broader market positioning, sector rotation, or external news flow.

Current stance

Current recommendation: sell. Rationale cited: SEC filings show a business mix exposed to formation-driven demand and subscription conversion; latest technical action shows distribution-style pullback with volume decline. References: LZ 10‑K (2025‑12‑31) and 10‑Q (2026‑03‑31) filings on SEC EDGAR.

Recommendationsell
Authors1
Active ticker theses2
Latest price$5.87
Why now
  • sell via LZ 10-Q report for 2026-03-31 from https://www.sec.gov/edgar/search/ (confidence 0.60)
  • sell via LZ 10-K report for 2025-12-31 from https://www.sec.gov/edgar/search/ (confidence 0.60)

Active and historical ticker theses

Active plays include distribution of the company’s 2025 Form 10‑K and 2025–2026 Form 10‑Qs. These filings provide the primary source material for the stance and reveal key metrics (subscription revenue share, cash, goodwill and intangibles post-acquisition, deferred revenue, and recent share count changes).

Unlock full asset monitoring

Read the filings (Form 10‑K and 10‑Qs) on SEC EDGAR for full financials and risk disclosures. For trading, consider positioning in line with a sell view until price reclaims the $6.00–$6.16 gap area on rising volume or new company-confirmed catalysts emerge.