Zix (ZIXI) Stock Price

Zix Price

Delisted·Dec 28, 2021
8.49USD
Last traded price

Over the last 19 years Zix grew revenue by 41.1% annually, reaching 218.48 M USD. Earnings per share have declined at 8.9% per year over the last 8 years. For Zix, the net margin of -2.9% is down versus 9.7% a few years ago. The consensus 12-month price target for Zix is 10.71 USD, about 26.2% above where the stock trades today. Of 10 analysts, 6 rate the stock a buy — an overall Buy consensus.

Zix stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Zix over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Zix stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Zix's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Zix Stock Price History
DateZix Price
Access this data via the Eulerpool API

Zix Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2017
65.66 M USD
10.21 M USD
-8.06 M USD
Jan 1, 2018
70.48 M USD
9.97 M USD
15.44 M USD
Jan 1, 2019
173.43 M USD
-9.14 M USD
-14.65 M USD
Jan 1, 2020
218.48 M USD
4.56 M USD
-6.43 M USD
Jan 1, 2021 (e)
254.06 M USD
41.65 M USD
33.78 M USD
Jan 1, 2022 (e)
290.26 M USD
46.54 M USD
38.93 M USD
Jan 1, 2023 (e)
331.76 M USD
47.83 M USD
41.34 M USD
Jan 1, 2024 (e)
381.91 M USD
50.15 M USD
44.06 M USD

Zix Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 22, 2026, 3:36 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
2009201020112012201320142015201620172018201920202021e2022e2023e2024e
30.0033.0038.0043.0048.0050.0054.0060.0065.0070.00173.00218.00254.00290.00331.00381.00
7.1410.0015.1513.1611.634.178.0011.118.337.69147.1426.0116.5114.1714.1415.11
70.0078.7978.9581.4083.3384.0083.3381.6781.5478.5755.4948.1748.1748.1748.1748.17
21.0026.0030.0035.0040.0042.0045.0049.0053.0055.0096.00105.00122.34139.68159.43183.51
-4.005.0010.008.009.006.007.009.0010.009.00-9.004.0041.0046.0047.0050.00
-13.3315.1526.3218.6018.7512.0012.9615.0015.3812.86-5.201.8316.1415.8614.2013.12
-4.0041.0022.0011.0010.004.005.005.00-8.0015.00-14.00-6.0033.0038.0041.0044.00
-20.00-1,125.00-46.34-50.00-9.09-60.0025.00-260.00-287.50-193.33-57.14-650.0015.157.897.32
64.0067.0067.0063.0063.0059.0057.0054.0053.0053.0053.0054.0054.0054.0054.0054.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Zix generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Zix retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Zix's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Zix has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Zix's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Zix stock margins

The Zix margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Zix. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Zix.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2016
82.49 %
15.90 %
9.71 %
Jan 1, 2017
80.81 %
15.55 %
-12.27 %
Jan 1, 2018
78.45 %
14.15 %
21.91 %
Jan 1, 2019
55.65 %
-5.27 %
-8.45 %
Jan 1, 2020
48.39 %
2.09 %
-2.94 %
Jan 1, 2021 (e)
48.39 %
16.40 %
13.30 %
Jan 1, 2022 (e)
48.39 %
16.03 %
13.41 %
Jan 1, 2023 (e)
48.39 %
14.42 %
12.46 %

Zix Stock Revenue, EBIT, Earnings per Share

The Zix earnings per share therefore indicates how much revenue Zix has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2016
1.11 USD
0.18 USD
0.11 USD
Jan 1, 2017
1.24 USD
0.19 USD
-0.15 USD
Jan 1, 2018
1.33 USD
0.19 USD
0.29 USD
Jan 1, 2019
3.27 USD
-0.17 USD
-0.28 USD
Jan 1, 2020
4.05 USD
0.08 USD
-0.12 USD
Jan 1, 2021 (e)
4.44 USD
0.77 USD
0.59 USD
Jan 1, 2022 (e)
5.07 USD
0.86 USD
0.68 USD
Jan 1, 2023 (e)
5.79 USD
0.89 USD
0.72 USD

Zix business model & stock analysis

Zix Corporation is a company specializing in IT security, focusing on secure data transmission and storage, as well as compliance solutions. The company was founded in Texas in 1988 and is headquartered in Dallas. It has been listed on NASDAQ since 1999. Answer: Zix Corporation is an IT security company specializing in secure data transmission and storage, as well as compliance solutions.

Zix SWOT Analysis

Strengths

Zix Corp possesses several strengths that contribute to its success in the market. These include:

  • Strong market position and brand recognition
  • Advanced technology and innovative solutions
  • Wide range of products and services
  • Highly skilled and experienced team
  • Established customer base and strategic partnerships

Weaknesses

Despite its strengths, Zix Corp also faces certain weaknesses that need to be addressed:

  • Dependency on a specific market segment
  • Reliance on key customers for significant revenue
  • Slightly higher pricing compared to competitors
  • Limited global presence
  • Dependency on third-party software and systems

Opportunities

Zix Corp has various opportunities for growth and development in the market:

  • Expanding into new geographical markets
  • Increasing demand for cybersecurity solutions
  • Strategic acquisitions and partnerships
  • Integration with emerging technologies
  • Diversification of product offerings

Threats

Zix Corp must also be aware of potential threats that could impact its business:

  • Intense competition from existing and new players
  • Rapidly changing technology landscape
  • Government regulations and compliance requirements
  • Cybersecurity threats and data breaches
  • Economic downturns and market uncertainty

Zix Employees

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Zix Employees
Details
Date
Zix Employees
Jan 1, 2013
- Employees
Jan 1, 2014
- Employees
Jan 1, 2015
- Employees
Jan 1, 2016
- Employees
Jan 1, 2017
- Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees

Zix Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Zix historical P/E ratio, EBIT multiple, and P/S ratio

Zix annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Zix shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2016
54.00 M Stocks
Jan 1, 2017
53.00 M Stocks
Jan 1, 2018
53.00 M Stocks
Jan 1, 2019
53.00 M Stocks
Jan 1, 2020
54.00 M Stocks
Jan 1, 2021 (e)
54.00 M Stocks
Jan 1, 2022 (e)
54.00 M Stocks
Jan 1, 2023 (e)
54.00 M Stocks

Zix stock splits

In Zix's history, there have been no stock splits.

Current Zix forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
60.00 % (6)
Hold
40.00 % (4)
Sell
0.00 % (0)
12M Price Target
10.71
Last Price
8.49
Currency
USD
12M Return Potential
26.22 %
LTM Return
0 %

Zix Analyst Rating Actions

DateFirmActionRatingReliability
11/9/2021
Northland Capital Markets
Northland Capital Markets
DowngradeOutperformPerform
11/9/2021
Craig-Hallum
Craig-Hallum
DowngradeBuyHold
2/2/2021
Stephens & Co.
Stephens & Co.
MaintainedOverweight50
4/21/2020
Cowen & Co.
Cowen & Co.
MaintainedOutperform58
3/31/2020
Northland Capital Markets
Northland Capital Markets
MaintainedOutperform
2/21/2020
Wedbush
Wedbush
MaintainedOutperform55
11/8/2019
Wedbush
Wedbush
MaintainedOutperform55
5/23/2019
Cowen & Co.
Cowen & Co.
MaintainedOutperform58
10/24/2018
Craig-Hallum
Craig-Hallum
UpgradeHoldBuy
2/26/2018
Imperial Capital
Imperial Capital
MaintainedIn Line63

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Zix Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/28/20220.16USD-67.66 MUSD-2021 Q4
11/8/20210.15USD-65.14 MUSD-2021 Q3
8/5/20210.14USD-62.27 MUSD-2021 Q2
5/5/20210.16USD-60.01 MUSD-2021 Q1
2/25/20210.16USD-57.77 MUSD-2020 Q4
11/9/20200.15USD-54.55 MUSD-2020 Q3
8/5/20200.14USD-53.15 MUSD-2020 Q2
5/6/20200.13USD-52.81 MUSD-2020 Q1
2/20/20200.14USD-50.29 MUSD-2019 Q4
10/31/20190.14USD-47.98 MUSD-2019 Q3

Zix shareholder structure

% Name
6.61923%
Legal & General Investment Management Ltd.
Legal & General Investment Management Ltd.
6.26782%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
6.16090%
Open Text Corp
Open Text Corp
5.06036%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
4.18708%
ETF Managers Group, LLC
ETF Managers Group, LLC
3.23897%
Kennedy Capital Management, Inc.
Kennedy Capital Management, Inc.
...

Zix Beneficial Ownership Filings (SEC 13D/G)

StakeHolderFiling
100.00%
Open Text Corporation
Open Text Corporation
SEC ↗
7.60%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
6.99%
04-2683227
04-2683227
SEC ↗
6.80%
SCC Holdings, LLC
SCC Holdings, LLC
SEC ↗
6.80%
LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED
LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED
SEC ↗
6.80%
GO UCITS ETF SOLUTIONS PLC
GO UCITS ETF SOLUTIONS PLC
SEC ↗
6.80%
GO ETF SOLUTIONS LLP
GO ETF SOLUTIONS LLP
SEC ↗
6.10%
ROCKALL EMERGING MARKETS MASTER FUND LIMITED
ROCKALL EMERGING MARKETS MASTER FUND LIMITED
SEC ↗
5.66%
Renaissance Technologies LLC
Renaissance Technologies LLC
SEC ↗
5.50%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗

Zix Executives and Management Board

51 members · avg. age 56 · 8 % women

DW

Mr. David Wagner (56)

President, Chief Executive Officer, Director · since 2016

3.20 M USD

Management

DR

Mr. David Rockvam (52)

Chief Financial Officer · since 2020

1.73 M USD
JL

Mr. John Di Leo (59)

Chief Revenue Officer · since 2019

1.69 M USD
RA

Mr. Ryan Allphin (48)

Chief Product Officer · since 2020

1.31 M USD
DR

Mr. David Robertson (62)

Vice President - Engineering · since 2002

1.09 M USD
NW

Mr. Noah Webster (48)

Chief Legal and Compliance Officer and Corporate Secretary · since 2020

1.07 M USD
KH

Mr. Kelly Haggerty (53)

Vice President - Product Management & Strategy · since 2016

813,972.00 USD

Board of Directors

DC

David Cook (58)

Independent Director · since 2009

500,000.00 USD
RH

Mr. Robert Hausmann (58)

Non-Executive Independent Chairman of the Board · since 2014

229,275.00 USD
MM

Ms. Maribess Miller (68)

Independent Director · since 2010

220,085.00 USD
MB

Mr. Mark Bonney (67)

Independent Director · since 2013

208,400.00 USD
TE

Dr. Taher Elgamal (65)

Independent Director · since 2011

206,063.00 USD
JR

John Ryan (52)

Chairman of the Board · since 2005

195,000.00 USD

Frequently asked questions about Zix

The business model of Zix Corp centers around providing secure email communication solutions. Zix Corp is a leader in the industry, offering encryption and data protection services to healthcare, finance, and government sectors. By utilizing its proprietary technology, Zix ensures that sensitive information is safeguarded, maintaining regulatory compliance and preventing data breaches. With a comprehensive suite of products and services, Zix Corp empowers organizations to safeguard their email communications, protect valuable data, and minimize cybersecurity risks. As a trusted provider, Zix Corp continues to deliver innovative solutions to address the evolving security needs of businesses worldwide.

Zix Corp is primarily active in the industries of cybersecurity and email encryption.

The main competitors of Zix Corp in the market include Proofpoint Inc., Mimecast Ltd., Barracuda Networks Inc., and Symantec Corporation.

Zix Corp, founded in 1988, is a leading provider of email encryption and data protection solutions for businesses. The company has a rich history and a strong background in the cybersecurity industry. Over the years, Zix Corp has established itself as a trusted provider of secure email communication, helping organizations safeguard their sensitive data and comply with regulatory requirements. With a range of innovative products and services, Zix Corp continues to evolve and adapt to emerging security threats. As a pioneer in email encryption, Zix Corp has garnered a solid reputation in the market, making it a go-to choice for organizations looking to enhance their data protection measures.

Some significant milestones achieved by Zix Corp include: successful completion of strategic acquisitions, such as AppRiver, expanding their customer base and product offerings; recognition as a leader in email security and compliance solutions by industry experts; consistent revenue growth and financial performance; development of innovative technologies, like their Advanced Threat Protection platform; establishment of strategic partnerships and collaborations to enhance their market presence; and receiving various awards and accolades for their products, services, and corporate achievements. Zix Corp continues to strive for excellence in the cybersecurity industry and is dedicated to providing advanced solutions to their clients.

Zix Corp is primarily present in the United States.

Zix Corp is a prominent company known for its strong values and corporate philosophy. With a commitment to innovation, excellence, and security, Zix Corp takes pride in delivering top-notch services and solutions to its clients. The company prioritizes customer satisfaction and trust, striving to build long-lasting relationships built on reliability and integrity. Zix Corp's dedication to continuous improvement and adaptability allows it to stay ahead of industry trends and meet the evolving needs of its customers. By prioritizing transparency, accountability, and ethical conduct, Zix Corp sets itself apart as a trusted leader in its field.

Analysts currently set an average price target of 10.20 USD for the Zix stock (median: 10.71 USD), implying +20.2 % versus the latest price. The consensus is based on 10 analyst ratings.

10 analysts currently rate the Zix stock: 6 recommend buying, 4 holding and 0 selling.

Converted at the current exchange rate, the Zix share trades at 7.26 EUR (8.49 USD).

The Zix share (ZIXI) is listed on 1 stock exchanges, including: NASDAQ (ZIXI).

The company Zix Corp is a US-American company operating in the field of digital security. The company offers a wide range of products and services to meet all the needs of businesses for protecting confidential information. Zix Corp's clients mainly include companies in the healthcare, finance, government, and SME sectors. Zix Corp's business model is based on various divisions that combine as an integrated unit to form a secure and powerful system. An essential element of the business is the design and development of solutions for secure email communication, which is the focus of the company. Zix Corp's email security systems are capable of ensuring the privacy and data security of companies. Another important pillar of Zix Corp is the Mobile Device Management solution (MDM), which enables companies to effectively implement BYOD (Bring Your Own Device) policies. These solutions are particularly suitable for small and medium-sized enterprises (SMEs) who may have limited resources or no IT team. Zix Corp also offers cloud backup services to protect and minimize the risk of data loss for businesses, which is a crucial factor for successful companies. Zix Corp also places great emphasis on service and support. The company has an experienced team of security experts and technicians who assist with the installation, configuration, and maintenance of security and compliance tools. This includes identifying threats, implementing prevention strategies, and conducting training for employees to make cybersecurity a part of the company culture. Other products and services offered by Zix Corp include: - Security Audits: Zix Corp offers security audits for businesses to identify weaknesses in their IT systems and present solutions to improve security. - Document Encryption: Zix Corp develops solutions for companies to encrypt confidential documents to prevent unauthorized access or manipulation. - Compliant Archiving: Zix Corp provides compliant archiving services for businesses, including storing emails and other digital data during the required retention period. In summary, Zix Corp's business model is focused on offering powerful and effective cybersecurity solutions for businesses. This includes various divisions such as email security, mobile device management, cloud backup, service and support, and other specialized solutions. As cybersecurity and data privacy are essential for businesses, Zix Corp has found a niche for itself. The company's mission is to provide customers with the tools they need so they can focus on their core competencies without compromising the security of important resources such as data.

The revenue cannot currently be calculated for Zix.

The profit cannot currently be calculated for Zix.

The P/E ratio cannot be calculated for Zix at the moment.

The P/S cannot be calculated for Zix currently.

The Eulerpool Quality Score for Zix is 2/10.

The ISIN of Zix is US98974P1003. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Zix is 878243. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Zix is ZIXI. The ticker symbol is used to trade Zix shares on the stock exchange.

Zix paid dividends every year for the past 0 years.

Zix is assigned to the 'Information technology' sector.

The dividends of Zix are distributed in USD.

All fundamentals and in-depth analysis of Zix

Our stock analysis for Zix stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Zix. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.