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ZGN: Luxury Demand Trends And Execution Will Support Steady Forward Performance

Published
09 Feb 25
Updated
31 Oct 25
AnalystConsensusTarget's Fair Value
US$11.13
8.3% undervalued intrinsic discount
31 Oct
US$10.21
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1Y
34.3%
7D
-2.2%

Author's Valuation

US$11.138.3% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 31 Oct 25

Fair value Increased 3.60%

Ermenegildo Zegna’s analyst price target has increased from $10.74 to $11.13. Analysts cite improving luxury demand and the company’s strong positioning in high-end segments as key drivers for the upgrade.

Shared on 17 Oct 25

Fair value Increased 6.37%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

The analyst consensus price target for Ermenegildo Zegna has increased from $10.10 to $10.74. This change is supported by analysts who cite improved prospects for sales growth, margin expansion, and steady execution in the luxury market.

Shared on 03 Oct 25

Fair value Increased 3.02%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

Analysts have increased their price target for Ermenegildo Zegna to approximately $10.10, up from $9.80. They cite an improved financial outlook, sustained execution, and ongoing growth opportunities in a challenging market environment.

Shared on 16 Sep 25

Fair value Increased 4.36%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

Analysts have raised Ermenegildo Zegna’s price target to $9.80, citing strong positioning in luxury ready-to-wear, robust DTC growth, expanding new clientele, and sustainable brand strength. Analyst Commentary JPMorgan views Zegna as strongly positioned within the very high-end ready-to-wear segment, citing exclusivity and direct supply advantages.

Shared on 04 Aug 25

Fair value Increased 5.48%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

The consensus analyst price target for Ermenegildo Zegna has increased, primarily reflecting a higher future P/E multiple despite a slightly elevated discount rate, resulting in a revised fair value of $9.36. What's in the News Q2 and H1 2025 revenues declined year-over-year, with H1 revenue at €927.7 million versus €960.1 million previously.

Shared on 01 May 25

Fair value Decreased 3.11%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

Shared on 23 Apr 25

Fair value Decreased 0.22%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 7.44%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget has decreased revenue growth from 5.4% to 4.4%.

Shared on 09 Apr 25

Fair value Increased 2.68%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 4.63%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget has increased revenue growth from 4.3% to 5.9% and decreased future PE multiple from 25.4x to 22.8x.

Shared on 26 Mar 25

Fair value Increased 2.73%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Increased 9.72%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 0.60%

TOM FORD And Zegna DTC Expansion Will Deliver Future Success