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Ermenegildo Zegna (DE:JN0)
FRANKFURT:JN0

Ermenegildo Zegna (JN0) Price & Analysis

3 Followers

JN0 Stock Chart & Stats

€11.60
€0.44(3.53%)
At close: 4:00 PM EDT
€11.60
€0.44(3.53%)

Bulls Say, Bears Say

Bulls Say
DTC Mix And MarginThe rising direct-to-consumer mix gives Zegna greater control over customer relationships, pricing, merchandising, and retail economics. Its contribution to higher gross margins and Zegna segment profitability supports a more durable earnings model than reliance on third-party wholesale distribution.
Cash GenerationStrong operating and free cash flow provide internal funding for store expansion, production investment, brand support, and debt reduction. Consistent coverage of a substantial portion of earnings also strengthens financial resilience and gives management greater flexibility to pursue long-term strategic priorities.
Zegna Brand MomentumSustained growth among loyal customers and successful new-client acquisition indicate that Zegna's brand positioning is translating into broader demand. Market-share gains across regions and categories can reinforce scale, improve retail productivity, and support durable growth in the core business.
Bears Say
Wholesale ContractionThe planned reduction in wholesale removes a distribution channel that still contributes to group revenue, creating a persistent top-line headwind during the transition. Although selective distribution may improve brand control, the strategy requires DTC growth to consistently offset lost wholesale volume.
Thom Browne TransitionThom Browne is currently consuming profitability while leadership, merchandising, marketing, and retail capabilities are being reshaped. A prolonged transition could delay brand recovery, increase investment requirements, and leave the group exposed to further earnings pressure if customer adoption does not improve.
TOM FORD Fashion LossesThe narrowing loss shows progress, but TOM FORD Fashion has not yet reached sustainable profitability and remains a drag on group earnings. Continued investment in product and retail expansion may require patience before the brand contributes positively to margins and cash generation.

Ermenegildo Zegna News

JN0 FAQ

What was Ermenegildo Zegna’s price range in the past 12 months?
Ermenegildo Zegna lowest stock price was €7.07 and its highest was €13.08 in the past 12 months.
    What is Ermenegildo Zegna’s market cap?
    Ermenegildo Zegna’s market cap is €4.73B.
      When is Ermenegildo Zegna’s upcoming earnings report date?
      Ermenegildo Zegna’s upcoming earnings report date is Apr 08, 2027 which is in 182 days.
        How were Ermenegildo Zegna’s earnings last quarter?
        Ermenegildo Zegna released its earnings results on Sep 03, 2026. The company reported €0.09 earnings per share for the quarter, missing the consensus estimate of €0.16 by -€0.07.
          Is Ermenegildo Zegna overvalued?
          According to Wall Street analysts Ermenegildo Zegna’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Ermenegildo Zegna pay dividends?
            Ermenegildo Zegna does not currently pay dividends.
            What is Ermenegildo Zegna’s EPS estimate?
            Ermenegildo Zegna’s EPS estimate is 0.28.
              How many shares outstanding does Ermenegildo Zegna have?
              Ermenegildo Zegna has 268,889,370 shares outstanding.
                What happened to Ermenegildo Zegna’s price movement after its last earnings report?
                Ermenegildo Zegna reported an EPS of €0.09 in its last earnings report, missing expectations of €0.16. Following the earnings report the stock price went down -3.707%.
                  Which hedge fund is a major shareholder of Ermenegildo Zegna?
                  Currently, no hedge funds are holding shares in DE:JN0
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Ermenegildo Zegna

                    Ermenegildo Zegna N.V., along with its affiliated entities, operates as a leading luxury fashion house. The company is engaged in the design, production, marketing, and global distribution of high-end menswear, footwear, leather goods, and assorted accessories, primarily under its distinguished Zegna and Thom Browne labels. Its comprehensive men's collection features opulent leisurewear, sophisticated formal wear including suits, tuxedos, shirts, blazers, and overcoats, as well as accompanying accessories. The offering also encompasses an array of refined leather accessories such as shoes, bags, belts, and smaller leather articles, alongside fragrances. Furthermore, under the Thom Browne brand, the company extends its portfolio to include luxury womenswear and childrenswear. Zegna also provides licensed products like eyewear, cufflinks, fine jewelry, timepieces, intimate apparel, and beachwear, which are manufactured by external partners. The firm connects with its clientele through its global network of retail stores and online platforms, serving regions across Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific. Established in 1910, Ermenegildo Zegna N.V. is headquartered in Trivero, Italy, and functions as a subsidiary of Monterubello Societa' Semplice.

                    Ermenegildo Zegna (JN0) Earnings & Revenues

                    JN0 Company Deck

                    JN0 Earnings Call

                    Q2 2026
                    0:00 / 0:00
                    Earnings Call Sentiment|Positive
                    The call was predominantly positive, supported by group adjusted EBIT growth, Zegna's strong double-digit DTC momentum and margin expansion, improved free cash flow and net cash, and expected second-half improvement at Thom Browne. The main challenges were foreign exchange headwinds, lower reported net profit, a higher first-half tax rate, continued wholesale contraction, Thom Browne's ongoing transition and Q3 deceleration, and TOM FORD Fashion remaining slightly loss-making for the full year.View all DE:JN0 earnings summaries

                    JN0 Stock 12 Month Forecast

                    Average Price Target

                    €12.87
                    ▲(10.93% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.597,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.855,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            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7,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":9.191,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 9,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":8.741,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n       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