ZTO Express Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, ZTO Express stock has a consensus rating of "Buy" and an average price target of $27.79. The average 1-year stock price forecast is 41.21% higher than the current stock price, while the lowest is $21.63 (+9.91%) and the highest is $34.61 (+75.86%).

Price Target: $27.79 (+41.21%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$21.63	$27.79	$28.5	$34.61
Change	+9.91%	+41.21%	+44.82%	+75.86%

Analyst Ratings

The average analyst rating for ZTO Express 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	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	11	11	11	11	11	11
Buy	5	5	5	5	4	4
Hold	2	2	2	2	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	18	18	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Fan Tso Bank of America Securities	Bank of America Securities	Hold Reiterates $26 → $22	Hold	Reiterates	$26 → $22	+9.76%	Sep 28, 2026
Karen Li J.P. Morgan	J.P. Morgan	Hold Downgrades $29 → $22	Hold	Downgrades	$29 → $22	+11.79%	Sep 2, 2026
Jason Zhang CFA Macquarie No rating	Macquarie	Buy Maintains $31 → $32	Buy	Maintains	$31 → $32	+60.57%	Jul 8, 2026
Qianlei Fan Morgan Stanley	Morgan Stanley	Buy Maintains $29 → $30	Buy	Maintains	$29 → $30	+52.95%	May 20, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

57.61B

from 49.10B

17.33%

from 49.10B

Revenue Next Year

62.28B

from 57.61B

8.10%

from 57.61B

EPS This Year

13.40

from 11.52

16.36%

from 11.52

EPS Next Year

15.38

from 13.40

14.71%

from 13.40

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	30.41B	35.38B	38.42B	44.28B	49.10B	57.61B
Revenue Growth	20.59%	16.35%	8.60%	15.26%	10.88%	17.33%
Gross Profit	6.59B	9.04B	11.66B	13.72B	12.27B	14.79B
Gross Margin	21.67%	25.55%	30.36%	30.98%	24.99%	25.68%
Operating Income	5.50B	7.74B	10.08B	11.80B	10.52B	12.52B
Net Income	4.75B	6.81B	8.75B	8.82B	9.08B	10.57B
EPS	-	-	-	-	11.52	13.40
EPS Growth	-	-	-	-	-5.57%	16.36%
Forward PE	25.01	18.90	12.62	11.46	12.42	9.84
Dividend / Share	-	-	4.40	5.11	4.83	5.31
Dividend Growth	-	-	-	16.22%	-5.55%	10.01%
Free Cash Flow	-	-	-	-	6.75B	9.08B
No. Analysts	-	-	-	-	-	17

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

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	59.3B
Avg	57.6B
Low	54.4B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	20.9%
Avg	17.3%
Low	10.7%

EPS Forecast

Chart

EPS	2026	2027	2028
High	14.54
Avg	13.40
Low	12.55

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	26.2%
Avg	16.4%
Low	8.9%