Ermenegildo Zegna Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Ermenegildo Zegna stock have an average target of 17.6, with a low estimate of 16.5 and a high estimate of 18.7. The average target predicts an increase of 53.04% from the current stock price of 11.50.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$16.5	$17.6	$18.7	$18.7
Change	+43.48%	+53.04%	+62.61%	+62.61%

* Price targets were last updated on Jan 11, 2024.

Analyst Ratings

The average analyst rating for ZGN stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	2	2	2	2	2
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	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Louise Singlehurst Goldman Sachs	Goldman Sachs	Hold → Strong Buy Upgrades $17 → $19	Hold → Strong Buy	Upgrades	$17 → $19	+62.61%	Jan 11, 2024
Daria Nasledysheva B of A Securities	B of A Securities	Hold → Strong Buy Upgrades $16 → $17	Hold → Strong Buy	Upgrades	$16 → $17	+43.48%	Sep 25, 2023
Daria Nasledysheva B of A Securities	B of A Securities	Strong Buy Initiates $13	Strong Buy	Initiates	$13	+13.04%	Sep 20, 2022
Susy Tibaldi UBS	UBS	Hold Initiates $11	Hold	Initiates	$11	-4.35%	Apr 29, 2022
Thomas Singlehurst Goldman Sachs	Goldman Sachs	Hold Initiates $12	Hold	Initiates	$12	+4.35%	Feb 7, 2022

More Analyst Ratings

Financial Forecast

Revenue This Year

2.06B

from 1.90B

8.06%

from 1.90B

Revenue Next Year

2.23B

from 2.06B

8.11%

from 2.06B

EPS This Year

0.51

from 0.48

6.05%

from 0.48

EPS Next Year

0.63

from 0.51

23.81%

from 0.51

Year	2019	2020	2021	2022	2023	2024	2025	2026
Revenue	1.32B	1.01B	1.29B	1.49B	1.90B	2.06B	2.23B	2.40B
Revenue Growth	11.73%	-23.20%	27.36%	15.51%	27.58%	8.06%	8.11%	7.91%
EPS	0.11	-0.25	-0.67	0.21	0.48	0.51	0.63	0.73
EPS Growth	-98.83%	-	-	-	128.57%	6.05%	23.81%	16.19%
Forward PE	-	-	-	-	-	22.59	18.25	15.71
No. Analysts	-	-	-	-	-	6	6	5

Financial currency is EUR. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	2.2B	2.4B	2.6B
Avg	2.1B	2.2B	2.4B
Low	2.0B	2.1B	2.2B

Revenue Growth

Revenue Growth	2024	2025	2026
High	15.7%	17.4%	17.7%
Avg	8.1%	8.1%	7.9%
Low	2.6%	1.4%	0.1%

EPS Forecast

EPS	2024	2025	2026
High	0.61	0.76	0.90
Avg	0.51	0.63	0.73
Low	0.40	0.54	0.64

EPS Growth

EPS Growth	2024	2025	2026
High	26.9%	48.5%	43.3%
Avg	6.1%	23.8%	16.2%
Low	-16.3%	5.9%	1.1%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.