Ermenegildo Zegna Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, Ermenegildo Zegna stock has a consensus rating of "Buy" and an average price target of $14.71. The average 1-year stock price forecast is 2.58% lower than the current stock price, while the lowest is $12.16 (-19.47%) and the highest is $17.22 (+14.04%).

Price Target: $14.71 (-2.58%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$12.16	$14.71	$14.69	$17.22
Change	-19.47%	-2.58%	-2.72%	+14.04%

Analyst Ratings

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

Recommendation Trends

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	6	6	6	7	6	6
Buy	1	2	2	2	2	2
Hold	4	4	4	3	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	12	12	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Chiara Battistini J.P. Morgan	J.P. Morgan	Buy Maintains $14 → $15	Buy	Maintains	$14 → $15	-3.97%	Jul 29, 2026
Adrien Duverger Goldman Sachs	Goldman Sachs	Hold Maintains n/a	Hold	Maintains	n/a	n/a	Jul 24, 2026
Daria Nasledysheva Bank of America Securities	Bank of America Securities	Hold Reiterates $13 → $14	Hold	Reiterates	$13 → $14	-4.64%	Jul 24, 2026
Oliver Chen TD Cowen	TD Cowen	Buy Reiterates $15 → $17	Buy	Reiterates	$15 → $17	+12.58%	Jul 24, 2026
Robert Krankowski UBS	UBS	Buy Maintains $15	Buy	Maintains	$15	+1.99%	Jul 24, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

2.03B

from 1.92B

6.09%

from 1.92B

Revenue Next Year

2.20B

from 2.03B

8.17%

from 2.03B

EPS This Year

0.43

from 0.45

-5.45%

from 0.45

EPS Next Year

0.56

from 0.43

30.78%

from 0.43

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.29B	1.49B	1.90B	1.95B	1.92B	2.03B
Revenue Growth	26.69%	15.51%	27.58%	2.21%	-1.53%	6.09%
Gross Profit	800.79M	928.05M	1.22B	1.30B	1.29B	1.39B
Gross Margin	61.96%	62.17%	64.29%	66.60%	67.51%	68.12%
Operating Income	134.18M	163.62M	224.34M	184.02M	162.96M	193.09M
Net Income	-136.00M	51.48M	121.53M	77.08M	98.58M	105.97M
EPS	-	-	-	-	0.45	0.43
EPS Growth	-	-	-	-	29.87%	-5.45%
Forward PE	-	18.89	20.94	20.68	21.52	30.74
Dividend / Share	0.09	0.10	0.12	0.12	0.12	0.13
Dividend Growth	-	11.11%	20.00%	-	-	10.84%
Free Cash Flow	233.87M	132.29M	196.65M	106.56M	246.62M	225.10M
No. Analysts	-	-	-	-	-	12

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	2.1B
Avg	2.0B
Low	2.0B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	7.6%
Avg	6.1%
Low	4.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	0.49
Avg	0.43
Low	0.39

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	8.9%
Avg	-5.4%
Low	-13.1%