ENTREPRENEUR ALERT: New Data from LegalZoom Shows 30% of New Businesses Launch in Q1 as Entrepreneurs Capitalize on Fresh Start
LegalZoom.com, Inc. (LZ)
Company Research
Source: GlobeNewswire
MOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq:LZ), a leading online platform for legal services, today released new customer data showing that approximately 30% of new businesses are formed in the first quarter, up from 27% in 2021 – making January an ideal launching pad for a new business. For many entrepreneurs, forming an LLC remains a crucial step in business ownership, with 48% of LegalZoom business owners citing limiting personal liability as their primary motivation, while 50% seek the legitimacy that helps businesses grow and access capital. LegalZoom data shows almost 60% of new LegalZoom business owners are fulfilling their dreams by stepping into entrepreneurship for the first time. The data also shows continued momentum post-pandemic with small business growth in the first quarter of 2024 surging 50% since the same period in 2019. The evolving work landscape has created unprecedented opportunities, with over 70% of small business owners now
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News
- LegalZoom.com (NASDAQ:LZ) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- LegalZoom Renews Commitment to Defy Ventures to Support Entrepreneurship Programs for Currently and Formerly Incarcerated IndividualsBusiness Wire
- LegalZoom.com (NASDAQ:LZ) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Assessing LegalZoom (LZ) Valuation Following Recent Share Price Volatility [Yahoo! Finance]Yahoo! Finance
- LegalZoom.com (NASDAQ:LZ) had its price target lowered by analysts at Citigroup Inc. from $12.00 to $10.50. They now have a "neutral" rating on the stock.MarketBeat
LZ
Earnings
- 11/5/25 - Beat
LZ
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- LZ's page on the SEC website