zSpace price target lowered to $5 from $12 at Roth Capital

Roth Capital analyst Rohit Kulkarni lowered the firm’s price target on zSpace (ZSPC) to $5 from $12 but keeps a Buy rating on the shares after its Q2 results. Revenue was in-line and Bookings came in slightly below expectations, with gross margin above expectations, though with peak tariff uncertainty and maximum volatility due to Trump rhetoric around federal funding for K-12 largely in the past, zSpace sounded relieved as signs of improving customer traction have started to emerge, the analyst tells investors in a research note.