Zalando SE

Informe acción XTRA:ZAL

Capitalización de mercado: €5.1b

Zalando Crecimiento futuro

Future controles de criterios 3/6

Se prevé un crecimiento anual de los beneficios y los ingresos de Zalando de 30.7% y 6.5% por año respectivamente. Se prevé que el BPA crezca en un 31.5% al año. Se espera que la rentabilidad financiera sea de 15.4% en 3 años.

Información clave

30.7%

Tasa de crecimiento de los beneficios

31.47%

Tasa de crecimiento del BPA

Crecimiento de los beneficios de Specialty Retail29.2%
Tasa de crecimiento de los ingresos6.5%
Rentabilidad financiera futura15.41%
Cobertura de analistas

Good

Última actualización19 May 2026

Actualizaciones recientes sobre el crecimiento futuro

Recent updates

Actualización de narrativa • May 17

ZAL: Future Margin Delivery And 2026 Guidance Will Frame Balanced Upside Potential

Zalando's fair value estimate has been revised from €24.00 to €20.00 as analysts refresh their price targets and assumptions, reflecting updated views on revenue growth, margins and future P/E expectations following recent mixed target changes from the Street. Analyst Commentary Recent research highlights a split view on Zalando, with some firms lifting price targets while others trim expectations or strike a more neutral tone.
Actualización de narrativa • May 02

ZAL: Future Margin Execution At Raised €24 Fair Value Will Drive Upside Potential

Narrative Update The analyst price target for Zalando has been adjusted to €24, reflecting recent target increases and rating upgrades from firms that now see a more balanced risk and reward profile at current levels. Analyst Commentary Recent research updates point to a more balanced stance on Zalando, with several firms setting price targets in a tight range around €24 to €25 and using neutral style ratings.
Actualización de narrativa • Apr 17

ZAL: Recent Rating Upgrades Will Support A More Constructive Risk Reward Profile

Narrative Update The updated analyst price target for Zalando shifts only slightly, with a revised fair value of about €51.12. This reflects recent price target moves to around €24 to €25 and analyst views that the risk/reward now looks more balanced at current levels.
Actualización de narrativa • Apr 03

ZAL: Upgraded Ratings And Richer P/E Framework Will Support Future Upside Potential

The updated analyst price target for Zalando moves slightly lower to about €51.32. This reflects modestly softer revenue growth assumptions, a higher future P/E of roughly 27x, and recent Street research that has lifted individual targets into the €24 to €35 range while viewing risk and reward as more balanced at current levels.
Actualización de narrativa • Mar 20

ZAL: Future Execution On Margins And Costs Will Shape Balanced Outlook

Zalando's analyst price target has moved from €23 to €24, as analysts factor in updated assumptions for fair value, discount rate, revenue growth, profit margins and future P/E following a series of recent target hikes and rating upgrades. Analyst Commentary Recent Street research on Zalando has focused on recalibrating fair value estimates and risk assumptions rather than issuing aggressive calls in either direction.
Actualización de narrativa • Mar 05

ZAL: Upgraded Ratings And Margin Outlook Will Support Future Upside Potential

Zalando's updated analyst price target now sits at about €51.80, slightly below the prior level of around €51.88, as analysts factor in small adjustments to discount rates, revenue growth, profit margins and future P/E assumptions following recent upgrades that highlight valuation and the appeal of the current entry point. Analyst Commentary Recent research points to a more constructive tone around Zalando, with bullish analysts highlighting valuation support and potential upside if execution stays on track.
Actualización de narrativa • Feb 19

ZAL: Raised Margin Expectations And Higher P/E Support Future Upside Potential

Analysts have raised their price target for Zalando to €51.88. The change is supported by slightly higher assumptions for revenue growth, profit margins and future P/E, along with an adjusted discount rate.
Actualización de narrativa • Feb 05

ZAL: Share Buybacks And Margin Discipline Will Drive Future Upside Potential

The updated analyst price target for Zalando edges slightly lower to €51.88 from €52.25, as analysts factor in a small tweak to profit margin assumptions while still pointing to recent upgrades and higher external targets that highlight interest in the stock at current levels. Analyst Commentary Recent Street research around Zalando highlights a cluster of bullish moves that sit against the slightly lower average price target.
Actualización de narrativa • Jan 21

ZAL: Margins And Share Buybacks Are Expected To Unlock Upside Potential

Zalando's updated analyst price target edges slightly lower, with fair value moving from €52.43 to €52.25 as analysts factor in recent valuation focused upgrades and target tweaks from €28 to €35, from €41 to €39 and from €44 to €53. Analyst Commentary Recent research suggests that bullish analysts are becoming more constructive on Zalando's risk reward profile, with several price targets now clustered in the mid to high €30s and low €50s range.
Actualización de narrativa • Jan 06

ZAL: Margins And Planned Buybacks Are Expected To Drive Shares Higher

Analysts have nudged their blended price expectations on Zalando slightly higher, reflecting a mix of upward revisions to around €53 and more cautious trims to about €39. Updated assumptions now point to a fair value of €52.43, a future P/E of 19.70, a 6.67% discount rate, 15.40% revenue growth and a 3.85% profit margin.
Actualización de narrativa • Dec 14

ZAL Margins And Buybacks Are Expected To Drive Shares Higher

Zalando's analyst fair value has been lifted by about EUR 5 to roughly EUR 52, as analysts highlight a modestly improved profit margin outlook and a more attractive forward valuation despite slightly slower expected revenue growth. Analyst Commentary Bullish analysts note that the recent adjustments to Zalando's price targets reflect growing confidence in the company’s ability to execute on profitability initiatives while maintaining steady top line expansion.
Actualización de narrativa • Sep 11

A Top Pick In A Struggling Industry

The acquisition of ABOUT YOU expands Zalando’s reach and scale while bringing additional experienced leadership to the company. Over the medium term, Zalando is expected to improve both top-line growth and margins across its B2C and B2B businesses, supported by continued investment and synergies with ABOUT YOU.
Artículo de análisis • Sep 05

Getting In Cheap On Zalando SE (ETR:ZAL) Might Be Difficult

When close to half the companies in Germany have price-to-earnings ratios (or "P/E's") below 18x, you may consider...
Actualización de narrativa • Sep 04

AI Feed And European Expansion Will Redefine E-Commerce Markets

Analysts remain broadly optimistic on Zalando due to anticipated margin expansion and improved operational efficiencies, though some maintain caution over valuation and competition, resulting in an unchanged consensus price target of €36.85. Analyst Commentary Bullish analysts cite potential for margin expansion, particularly from increasing fulfillment capacity utilization, as underestimated by consensus estimates.
Artículo de análisis • Jul 11

We Think Zalando (ETR:ZAL) Can Manage Its Debt With Ease

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Artículo de análisis • Jun 26

If EPS Growth Is Important To You, Zalando (ETR:ZAL) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Artículo de análisis • Jun 10

Is It Time To Consider Buying Zalando SE (ETR:ZAL)?

Zalando SE ( ETR:ZAL ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Artículo de análisis • May 26

Zalando's (ETR:ZAL) Performance Is Even Better Than Its Earnings Suggest

Even though Zalando SE's ( ETR:ZAL ) recent earnings release was robust, the market didn't seem to notice. We think...
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Nueva narrativa • Nov 27

Dynamic Strategies And Innovative Expansions Set The Stage For Sustained Growth And Success

Zalando's expanded ecosystem and loyalty program aim to enhance customer retention, engagement, and top-line growth.

Previsiones de crecimiento de beneficios e ingresos

XTRA:ZAL - Estimaciones futuras de los analistas y datos financieros pasados (EUR Millions)
FechaIngresosBeneficiosFlujo de caja libreFlujo de caja operativoNúm. de analistas medio
12/31/202815,6865527651,15820
12/31/202714,8534406581,02423
12/31/202613,99929438364823
3/31/202612,923118572831N/A
12/31/202512,3462159041,126N/A
9/30/202511,575241397611N/A
6/30/202510,943271215415N/A
3/31/202510,751270432613N/A
12/31/202410,573251447654N/A
9/30/202410,3292048581,114N/A
6/30/202410,2161528381,125N/A
3/31/202410,1291137291,014N/A
12/31/202310,14383686950N/A
9/30/202310,255110486767N/A
6/30/202310,32982702990N/A
3/31/202310,39540432755N/A
12/31/202210,34517108460N/A
9/30/202210,2775-41361N/A
6/30/202210,21132-35032N/A
3/31/202210,321139-102258N/A
12/31/202110,354235283616N/A
9/30/20219,828278-15262N/A
6/30/20219,394345411661N/A
3/31/20218,696347443685N/A
12/31/20207,982226277527N/A
9/30/20207,395180337581N/A
6/30/20207,06610867368N/A
3/31/20206,62931-187125N/A
12/31/20196,483100N/A327N/A
9/30/20196,15871N/A318N/A
6/30/20195,83742N/A293N/A
3/31/20195,57049N/A230N/A
12/31/20185,38851N/A213N/A
9/30/20185,06056N/A18N/A
6/30/20184,93487N/A136N/A
3/31/20184,70583N/A135N/A
12/31/20174,489103N/A194N/A
9/30/20174,247103N/A220N/A
6/30/20174,007118N/A191N/A
3/31/20173,823121N/A268N/A
12/31/20163,639121N/A276N/A
9/30/20163,416163N/A289N/A
6/30/20163,294130N/A244N/A
3/31/20163,111102N/A122N/A
12/31/20152,958122N/A119N/A
9/30/20152,75566N/A117N/A
6/30/20152,54494N/A196N/A

Previsiones de crecimiento futuro de los analistas

Ingresos vs. Tasa de ahorro: El pronóstico de crecimiento de los beneficios (30.7% al año) de ZAL es superior a la tasa de ahorro (1.9%).

Beneficios vs. Mercado: Se prevé que los beneficios (30.7% al año) de ZAL crezcan más rápidamente que el mercado German (17% al año).

Beneficios de alto crecimiento: Se espera que los beneficios de ZAL crezcan significativamente en los próximos 3 años.

Ingresos vs. Mercado: Se prevé que los ingresos (6.5% al año) de ZAL crezcan más despacio que el mercado de German (6.8% al año).

Ingresos de alto crecimiento: Se prevé que los ingresos 6.5% al año) de ZAL crezcan más despacio que 20% al año.

Previsiones de crecimiento de los beneficios por acción

Rentabilidad financiera futura

ROE futura: Se prevé que la rentabilidad financiera de ZAL sea baja dentro de 3 años (15.4%).

Descubre empresas en crecimiento

7D

1Y

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7D

1Y

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/22 23:22
Precio de las acciones al final del día2026/05/22 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Zalando SE está cubierta por 51 analistas. 23 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Oliver LesterArete Research Services LLP
Richard KramerArete Research Services LLP
Volker BosseBaader Helvea Equity Research