Zenith Bank Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Zenith Bank stock has a consensus rating of "Buy" and an average price target of ₦107.28. The average 1-year stock price forecast is 16.19% lower than the current stock price, while the lowest is ₦72.01 (-43.74%) and the highest is ₦154.00 (+20.31%).

Price Target: ₦107.28 (-16.19%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₦72.01	₦107.28	₦89.18	₦154.00
Change	-43.74%	-16.19%	-30.33%	+20.31%

Analyst Ratings

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

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Apr '26	May '26
Strong Buy	6	6	6	6	6	6
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	6

Financial Forecast

Revenue This Year

3.23T

from 3.04T

5.97%

from 3.04T

Revenue Next Year

3.47T

from 3.23T

7.68%

from 3.23T

EPS This Year

31.80

from 25.32

25.59%

from 25.32

EPS Next Year

41.83

from 31.80

31.53%

from 31.80

Fiscal Year	FY 2025	FY 2026
Period Ending	Dec 31, 2025	Dec 31, 2026
Revenue	3.04T	3.23T
Revenue Growth	7.62%	5.97%
Gross Profit	417.09B	361.35B
Gross Margin	13.70%	11.20%
Operating Income	2.00T	2.03T
Net Income	1.04T	1.39T
EPS	25.32	31.80
EPS Growth	-22.97%	25.59%
Forward PE	-	4.03
Dividend / Share	10.00	13.28
Dividend Growth	100.00%	32.77%
No. Analysts	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is NGN.

Revenue Forecast

Revenue	2026	2027	2028
High	3.3T
Avg	3.2T
Low	3.1T

Revenue Growth

Revenue Growth	2026	2027	2028
High	9.0%
Avg	6.0%
Low	2.9%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	31.80
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	25.6%
Low	-