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Zalando SE (PL:ZAL)
:ZAL
Poland 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

zł155.67
▲(25.95% Upside)
Based on 11 Wall Street analysts offering 12 month price targets for Zalando in the last 3 months. The average price target is zł155.67 with a high forecast of zł228.23 and a low forecast of zł107.66. The average price target represents a 25.95% change from the last price of zł123.60.
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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 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":102.5,"date":1756684800000,"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 29,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":118.35,"date":1759276800000,"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 28,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 7, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 2</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":113.1,"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 26,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":99.76,"date":1764547200000,"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 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 5, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":106.55,"date":1767225600000,"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 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 6, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 3</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":103.55,"date":1769904000000,"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 13,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 4, \t&nbsp;</span>\n  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Highest Price Targetzł228.23Average Price Targetzł155.67Lowest Price Targetzł107.66
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
zł120.57
Buy
-2.45%
Downside
Reiterated
08/25/26
Zalando (0QXN) Receives a Buy from RBC Capital
Citi
zł180.86zł167.94
Buy
35.88%
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 PL:ZAL
Barclays
Barclays
zł150.72zł146.41
Buy
18.46%
Upside
Reiterated
08/05/26
Barclays Sticks to Their Buy Rating for Zalando (0QXN)
DZ BANK AG Analyst forecast on PL: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 PL:ZAL
Berenberg Bank
Berenberg Bank
zł228.23
Buy
84.65%
Upside
Reiterated
08/05/26
Berenberg Bank Sticks to Their Buy Rating for Zalando (0QXN)
UBS
zł157.18
Buy
27.17%
Upside
Reiterated
08/04/26
UBS Sticks to Its Buy Rating for Zalando (0QXN)
Jefferies
zł150.72
Buy
21.94%
Upside
Reiterated
08/04/26
Jefferies Remains a Buy on Zalando (0QXN)
Deutsche Bank  Analyst forecast on PL:ZAL
Deutsche Bank
Deutsche Bank
zł150.72
Buy
21.94%
Upside
Reiterated
08/04/26
Deutsche Bank Keeps Their Buy Rating on Zalando (0QXN)
J.P. Morgan Analyst forecast on PL:ZAL
J.P. Morgan
J.P. Morgan
zł137.8
Hold
11.49%
Upside
Reiterated
08/04/26
J.P. Morgan Sticks to Their Hold Rating for Zalando (0QXN)
Bernstein Analyst forecast on PL:ZAL
Bernstein
Bernstein
zł107.66
Hold
-12.90%
Downside
Reiterated
07/10/26
Bernstein Reaffirms Their Hold Rating on Zalando (0QXN)
Goldman Sachs Analyst forecast on PL:ZAL
Goldman Sachs
Goldman Sachs
zł189.47
Buy
53.30%
Upside
Reiterated
06/26/26
Zalando (0QXN) Gets a Buy from Goldman Sachs
Morgan Stanley Analyst forecast on PL:ZAL
Morgan Stanley
Morgan Stanley
zł103.35zł101.2
Hold
-18.13%
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 PL:ZAL
Kepler Capital
Kepler Capital
zł116.27
Hold
-5.93%
Downside
Reiterated
03/12/26
Kepler Capital Reaffirms Their Hold Rating on Zalando (0QXN)
Bankhaus Metzler Analyst forecast on PL:ZAL
Felix Dennl
Bankhaus Metzler
Not Ranked
Bankhaus Metzler
zł163.64
Buy
32.39%
Upside
Reiterated
03/12/26
Bankhaus Metzler Sticks to Their Buy Rating for Zalando (0QXN)
Warburg Research Analyst forecast on PL:ZAL
Warburg Research
Warburg Research
zł223.92
Buy
81.17%
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
zł120.57
Buy
-2.45%
Downside
Reiterated
08/25/26
Zalando (0QXN) Receives a Buy from RBC Capital
Citi
zł180.86zł167.94
Buy
35.88%
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 PL:ZAL
Barclays
Barclays
zł150.72zł146.41
Buy
18.46%
Upside
Reiterated
08/05/26
Barclays Sticks to Their Buy Rating for Zalando (0QXN)
DZ BANK AG Analyst forecast on PL: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 PL:ZAL
Berenberg Bank
Berenberg Bank
zł228.23
Buy
84.65%
Upside
Reiterated
08/05/26
Berenberg Bank Sticks to Their Buy Rating for Zalando (0QXN)
UBS
zł157.18
Buy
27.17%
Upside
Reiterated
08/04/26
UBS Sticks to Its Buy Rating for Zalando (0QXN)
Jefferies
zł150.72
Buy
21.94%
Upside
Reiterated
08/04/26
Jefferies Remains a Buy on Zalando (0QXN)
Deutsche Bank  Analyst forecast on PL:ZAL
Deutsche Bank
Deutsche Bank
zł150.72
Buy
21.94%
Upside
Reiterated
08/04/26
Deutsche Bank Keeps Their Buy Rating on Zalando (0QXN)
J.P. Morgan Analyst forecast on PL:ZAL
J.P. Morgan
J.P. Morgan
zł137.8
Hold
11.49%
Upside
Reiterated
08/04/26
J.P. Morgan Sticks to Their Hold Rating for Zalando (0QXN)
Bernstein Analyst forecast on PL:ZAL
Bernstein
Bernstein
zł107.66
Hold
-12.90%
Downside
Reiterated
07/10/26
Bernstein Reaffirms Their Hold Rating on Zalando (0QXN)
Goldman Sachs Analyst forecast on PL:ZAL
Goldman Sachs
Goldman Sachs
zł189.47
Buy
53.30%
Upside
Reiterated
06/26/26
Zalando (0QXN) Gets a Buy from Goldman Sachs
Morgan Stanley Analyst forecast on PL:ZAL
Morgan Stanley
Morgan Stanley
zł103.35zł101.2
Hold
-18.13%
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 PL:ZAL
Kepler Capital
Kepler Capital
zł116.27
Hold
-5.93%
Downside
Reiterated
03/12/26
Kepler Capital Reaffirms Their Hold Rating on Zalando (0QXN)
Bankhaus Metzler Analyst forecast on PL:ZAL
Felix Dennl
Bankhaus Metzler
Not Ranked
Bankhaus Metzler
zł163.64
Buy
32.39%
Upside
Reiterated
03/12/26
Bankhaus Metzler Sticks to Their Buy Rating for Zalando (0QXN)
Warburg Research Analyst forecast on PL:ZAL
Warburg Research
Warburg Research
zł223.92
Buy
81.17%
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 155.67.
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 zł1.68 with a range of zł0.86 to zł3.31. The previous quarter’s EPS was zł1.29. 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 zł1.68 with a range of zł0.86 to zł3.31. The previous quarter’s EPS was zł1.29. 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 zł13.52B with a range of zł13.41B to zł13.62B. The previous quarter’s sales results were zł14.76B. 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 zł13.52B with a range of zł13.41B to zł13.62B. The previous quarter’s sales results were zł14.76B. 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 PL:ZAL’s average 12-month price target, according to analysts?
Based on analyst ratings, Zalando SE’s 12-month average price target is 155.67.
    What is PL:ZAL’s upside potential, based on the analysts’ average price target?
    Zalando SE has 25.95% 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 155.67. 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 zł228.23 ,and the lowest forecast is zł107.66. The average share price target represents 25.95% Increase from the current price of zł123.6.
              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 PL:ZAL, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.