Zalando SE (ETR:ZAL)
Germany flag Germany · Delayed Price · Currency is EUR
26.82
+0.59 (2.25%)
Oct 23, 2026, 5:35 PM CEST

Zalando SE Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Zalando SE stock has a consensus rating of "Buy" and an average price target of €35.14. The average 1-year stock price forecast is 31.02% higher than the current stock price, while the lowest is €25.00 (-6.79%) and the highest is €53.00 (+97.61%).

Price Target: €35.14 (+31.02%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price€25.00€35.14€35.00€53.00
Change-6.79%+31.02%+30.50%+97.61%

Analyst Ratings

The average analyst rating for Zalando SE stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy151414141414
Buy444444
Hold555666
Sell000000
Strong Sell000000
Total242323242424

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Buy
Maintains
€35.00 → €33.50
BuyMaintains€35.00 → €33.50+24.91%Oct 14, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
€32.00
HoldMaintains€32.00+19.31%Oct 1, 2026
Deutsche Bank
Deutsche Bank
Buy
Maintains
€35.00
BuyMaintains€35.00+30.50%Sep 30, 2026
RBC Capital
RBC Capital
Buy
Maintains
€28.00
BuyMaintains€28.00+4.40%Aug 25, 2026
Citi
Citi
Buy
Maintains
€42.00 → €39.00
BuyMaintains€42.00 → €39.00+45.41%Aug 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
13.87B
from 12.35B
Increased by 12.32%
Revenue Next Year
14.62B
from 13.87B
Increased by 5.46%
EPS This Year
1.54
from 1.29
Increased by 19.42%
EPS Next Year
1.85
from 1.54
Increased by 20.18%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
10.35B10.34B10.14B10.57B12.35B13.87B
Revenue Growth
29.72%-0.09%-1.95%4.23%16.78%12.32%
Gross Profit
4.33B4.06B3.93B4.30B4.92B5.54B
Gross Margin
41.78%39.20%38.75%40.69%39.88%39.95%
Operating Income
424.80M81.00M223.30M391.90M430.00M690.33M
Net Income
234.50M16.80M83.00M251.10M215.10M246.57M
EPS
----1.291.54
EPS Growth
----3.56%19.42%
Forward PE
67.2075.8430.8531.1617.2217.41
Free Cash Flow
----903.80M363.48M
No. Analysts
-----23
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is EUR.

Revenue Forecast

Revenue202620272028
High14.2B
Avg13.9B
Low13.6B

Revenue Growth

Revenue Growth202620272028
High
14.9%
Avg
12.3%
Low
10.3%

EPS Forecast

EPS202620272028
High1.82
Avg1.54
Low1.03

EPS Growth

EPS Growth202620272028
High
41.1%
Avg
19.4%
Low
-20.2%