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Zalando SE (CH:ZAL)
:ZAL
Switzerland Market

Zalando (ZAL) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

ZAL Analyst Ratings

Strong Buy
11Ratings
Strong Buy
9 Buy
2 Hold
0 Sell
Based on 11 analysts giving stock ratings to
Zalando
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ZAL Stock 12 Month Forecast

Average Price Target

CHF33.87
▲(31.48% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Zalando in the last 3 months. The average price target is CHF33.87 with a high forecast of CHF49.66 and a low forecast of CHF23.42. The average price target represents a 31.48% change from the last price of CHF25.76.
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Highest Price TargetCHF49.66Average Price TargetCHF33.87Lowest Price TargetCHF23.42
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital
CHF26.23
Buy
1.84%
Upside
Reiterated
08/25/26
Zalando (0QXN) Receives a Buy from RBC Capital
Citi
CHF39.35CHF36.54
Buy
41.84%
Upside
Reiterated
08/11/26
Zalando price target lowered to EUR 39 from EUR 42 at CitiZalando price target lowered to EUR 39 from EUR 42 at Citi
Barclays Analyst forecast on CH:ZAL
Barclays
Barclays
CHF32.79CHF31.85
Buy
23.66%
Upside
Reiterated
08/05/26
Barclays Sticks to Their Buy Rating for Zalando (0QXN)
DZ BANK AG Analyst forecast on CH:ZAL
DZ BANK AG
DZ BANK AG
Buy
Upgraded
08/05/26
DZ BANK AG upgrades Zalando (0QXN) to a Buy
Berenberg Bank Analyst forecast on CH:ZAL
Berenberg Bank
Berenberg Bank
CHF49.66
Buy
92.76%
Upside
Reiterated
08/05/26
Berenberg Bank Sticks to Their Buy Rating for Zalando (0QXN)
UBS
CHF34.2
Buy
32.75%
Upside
Reiterated
08/04/26
UBS Sticks to Its Buy Rating for Zalando (0QXN)
Jefferies
CHF32.79
Buy
27.30%
Upside
Reiterated
08/04/26
Jefferies Remains a Buy on Zalando (0QXN)
Deutsche Bank  Analyst forecast on CH:ZAL
Deutsche Bank
Deutsche Bank
CHF32.79
Buy
27.30%
Upside
Reiterated
08/04/26
Deutsche Bank Keeps Their Buy Rating on Zalando (0QXN)
J.P. Morgan Analyst forecast on CH:ZAL
J.P. Morgan
J.P. Morgan
CHF29.98
Hold
16.39%
Upside
Reiterated
08/04/26
J.P. Morgan Sticks to Their Hold Rating for Zalando (0QXN)
Bernstein Analyst forecast on CH:ZAL
Bernstein
Bernstein
CHF23.42
Hold
-9.07%
Downside
Reiterated
07/10/26
Bernstein Reaffirms Their Hold Rating on Zalando (0QXN)
Goldman Sachs Analyst forecast on CH:ZAL
Goldman Sachs
Goldman Sachs
CHF41.22
Buy
60.03%
Upside
Reiterated
06/26/26
Zalando (0QXN) Gets a Buy from Goldman Sachs
Morgan Stanley Analyst forecast on CH:ZAL
Morgan Stanley
Morgan Stanley
CHF22.49CHF22.02
Hold
-14.53%
Downside
Reiterated
05/07/26
Zalando price target lowered to EUR 23.50 from EUR 24 at Morgan StanleyZalando price target lowered to EUR 23.50 from EUR 24 at Morgan Stanley
Kepler Capital  Analyst forecast on CH:ZAL
Kepler Capital
Kepler Capital
CHF25.3
Hold
-1.80%
Downside
Reiterated
03/12/26
Kepler Capital Reaffirms Their Hold Rating on Zalando (0QXN)
Bankhaus Metzler Analyst forecast on CH:ZAL
Felix Dennl
Bankhaus Metzler
Not Ranked
Bankhaus Metzler
CHF35.6
Buy
38.21%
Upside
Reiterated
03/12/26
Bankhaus Metzler Sticks to Their Buy Rating for Zalando (0QXN)
Warburg Research Analyst forecast on CH:ZAL
Warburg Research
Warburg Research
CHF48.72
Buy
89.13%
Upside
Reiterated
11/06/25
Warburg Research Sticks to Its Buy Rating for Zalando (0QXN)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital
CHF26.23
Buy
1.84%
Upside
Reiterated
08/25/26
Zalando (0QXN) Receives a Buy from RBC Capital
Citi
CHF39.35CHF36.54
Buy
41.84%
Upside
Reiterated
08/11/26
Zalando price target lowered to EUR 39 from EUR 42 at CitiZalando price target lowered to EUR 39 from EUR 42 at Citi
Barclays Analyst forecast on CH:ZAL
Barclays
Barclays
CHF32.79CHF31.85
Buy
23.66%
Upside
Reiterated
08/05/26
Barclays Sticks to Their Buy Rating for Zalando (0QXN)
DZ BANK AG Analyst forecast on CH:ZAL
DZ BANK AG
DZ BANK AG
Buy
Upgraded
08/05/26
DZ BANK AG upgrades Zalando (0QXN) to a Buy
Berenberg Bank Analyst forecast on CH:ZAL
Berenberg Bank
Berenberg Bank
CHF49.66
Buy
92.76%
Upside
Reiterated
08/05/26
Berenberg Bank Sticks to Their Buy Rating for Zalando (0QXN)
UBS
CHF34.2
Buy
32.75%
Upside
Reiterated
08/04/26
UBS Sticks to Its Buy Rating for Zalando (0QXN)
Jefferies
CHF32.79
Buy
27.30%
Upside
Reiterated
08/04/26
Jefferies Remains a Buy on Zalando (0QXN)
Deutsche Bank  Analyst forecast on CH:ZAL
Deutsche Bank
Deutsche Bank
CHF32.79
Buy
27.30%
Upside
Reiterated
08/04/26
Deutsche Bank Keeps Their Buy Rating on Zalando (0QXN)
J.P. Morgan Analyst forecast on CH:ZAL
J.P. Morgan
J.P. Morgan
CHF29.98
Hold
16.39%
Upside
Reiterated
08/04/26
J.P. Morgan Sticks to Their Hold Rating for Zalando (0QXN)
Bernstein Analyst forecast on CH:ZAL
Bernstein
Bernstein
CHF23.42
Hold
-9.07%
Downside
Reiterated
07/10/26
Bernstein Reaffirms Their Hold Rating on Zalando (0QXN)
Goldman Sachs Analyst forecast on CH:ZAL
Goldman Sachs
Goldman Sachs
CHF41.22
Buy
60.03%
Upside
Reiterated
06/26/26
Zalando (0QXN) Gets a Buy from Goldman Sachs
Morgan Stanley Analyst forecast on CH:ZAL
Morgan Stanley
Morgan Stanley
CHF22.49CHF22.02
Hold
-14.53%
Downside
Reiterated
05/07/26
Zalando price target lowered to EUR 23.50 from EUR 24 at Morgan StanleyZalando price target lowered to EUR 23.50 from EUR 24 at Morgan Stanley
Kepler Capital  Analyst forecast on CH:ZAL
Kepler Capital
Kepler Capital
CHF25.3
Hold
-1.80%
Downside
Reiterated
03/12/26
Kepler Capital Reaffirms Their Hold Rating on Zalando (0QXN)
Bankhaus Metzler Analyst forecast on CH:ZAL
Felix Dennl
Bankhaus Metzler
Not Ranked
Bankhaus Metzler
CHF35.6
Buy
38.21%
Upside
Reiterated
03/12/26
Bankhaus Metzler Sticks to Their Buy Rating for Zalando (0QXN)
Warburg Research Analyst forecast on CH:ZAL
Warburg Research
Warburg Research
CHF48.72
Buy
89.13%
Upside
Reiterated
11/06/25
Warburg Research Sticks to Its Buy Rating for Zalando (0QXN)
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Best Analysts Covering Zalando

3 Months
Andrew RossBarclays
Success Rate
20/40 ratings generated profit
50%
Average Return
+0.35%
Copying Andrew Ross's trades and holding each position for 3 Months would result in 50.00% of your transactions generating a profit, with an average return of +0.35% per trade.
1 Year
Thomas MaulDZ BANK AG
Success Rate
16/27 ratings generated profit
59%
Average Return
+10.81%
Copying Thomas Maul's trades and holding each position for 1 Year would result in 59.26% of your transactions generating a profit, with an average return of +10.81% per trade.
2 Years
Thomas MaulDZ BANK AG
Success Rate
14/27 ratings generated profit
52%
Average Return
+8.42%
Copying Thomas Maul's trades and holding each position for 2 Years would result in 51.85% of your transactions generating a profit, with an average return of +8.42% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ZAL Analyst Recommendation Trends

Rating
Apr 26
May 26
Jun 26
Jul 26
Aug 26
Strong Buy
9
13
9
8
4
Buy
8
9
9
10
14
Hold
9
11
7
6
4
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
26
33
25
24
22
In the current month, ZAL has received 18 Buy Ratings, 4 Hold Ratings, and 0 Sell Ratings. ZAL average Analyst price target in the past 3 months is 33.87.
Each month's total comprises the sum of three months' worth of ratings.

ZAL Financial Forecast

ZAL Earnings Forecast

Next quarter’s earnings estimate for ZAL is CHF0.37 with a range of CHF0.19 to CHF0.72. The previous quarter’s EPS was CHF0.28. ZAL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 50.49% of the time in the same period. In the last calendar year ZAL has Performed in-line its overall industry.
Next quarter’s earnings estimate for ZAL is CHF0.37 with a range of CHF0.19 to CHF0.72. The previous quarter’s EPS was CHF0.28. ZAL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 50.49% of the time in the same period. In the last calendar year ZAL has Performed in-line its overall industry.

ZAL Sales Forecast

Next quarter’s sales forecast for ZAL is CHF2.95B with a range of CHF2.92B to CHF2.97B. The previous quarter’s sales results were CHF3.22B. ZAL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.25% of the time in the same period. In the last calendar year ZAL has Performed in-line its overall industry.
Next quarter’s sales forecast for ZAL is CHF2.95B with a range of CHF2.92B to CHF2.97B. The previous quarter’s sales results were CHF3.22B. ZAL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 63.25% of the time in the same period. In the last calendar year ZAL has Performed in-line its overall industry.

ZAL Stock Forecast FAQ

What is CH:ZAL’s average 12-month price target, according to analysts?
Based on analyst ratings, Zalando SE’s 12-month average price target is 33.87.
    What is CH:ZAL’s upside potential, based on the analysts’ average price target?
    Zalando SE has 31.48% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is Zalando SE a Buy, Sell or Hold?
          Zalando SE has a consensus rating of Strong Buy, which is based on 9 buy ratings, 2 hold ratings and 0 sell ratings.
            What is Zalando SE’s share price target?
            The average share price target for Zalando SE is 33.87. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst share price target is CHF49.66 ,and the lowest forecast is CHF23.42. The average share price target represents 31.48% Increase from the current price of CHF25.76.
              What do analysts say about Zalando SE?
              Zalando SE’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
                How can I buy shares of Zalando SE?
                To buy shares of CH:ZAL, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.