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ZGN
Volume: 731.11K

ZGN Stock Forecast & Price Target

ZGN Analyst Ratings

Based on 7 analyst ratings
Buy
Strong Buy 43%
Buy 29%
Hold 29%
Sell 0%
Strong Sell 0%

Bulls say

Ermenegildo Zegna is supported by a rare blend of top-line growth and earnings leverage, with +7% organic revenue CAGR to FY30E and +18% EBIT CAGR driven by mix, pricing, and operating efficiencies. The core Zegna brand remains the main growth engine, contributing about 2/3 of the €168m incremental EBIT uplift, while Su Misura penetration rising from ~10% in FY25 to ~15% by FY30E should lift margins from 8.5% in FY25 to 13.7% by FY30E. In addition, Thom Browne and Tom Ford are past peak headwinds and appear undervalued, with both moving toward breakeven and eventual EBIT margins near 6% and 7% by FY30E, respectively.

Bears say

Ermenegildo Zegna is facing a weaker fundamental setup because Thom Browne’s DTC organic sales fell 6.6% and wholesale fell 10.7%, while softer Gr China demand and the loss of the Asics tailwind point to fragile momentum. Tom Ford was more resilient in wholesale, but DTC organic growth of 4.2% still came in 370bps below consensus, underscoring uneven execution and reliance on timing rather than broad-based brand strength. The company also faces material structural risks from a 20-year Tom Ford license with minimum royalty obligations, about 50% of revenues exposed to non-EUR currencies, and a downside case that implies only 5% revenue CAGR and a 10% EBIT margin by year 10.

ZGN has been analyzed by 7 analysts, with a consensus rating of Buy. 43% of analysts recommend a Strong Buy, 29% recommend Buy, 29% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Ermenegildo Zegna Holditalia SpA and is not a guaranteed prediction by Public.com or investment advice.

ZGN Analyst Forecast & Price Prediction

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FAQs About Ermenegildo Zegna Holditalia SpA (ZGN) Forecast

Analysts have given ZGN a Buy based on their latest research and market trends.

According to 7 analysts, ZGN has a Buy consensus rating as of Oct 30, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $14.66, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $14.66, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Ermenegildo Zegna Holditalia SpA (ZGN)

Volume: 731.11K

ZGN Analyst Forecast & Price Prediction

Get the latest ZGN stock forecast, including analyst ratings and price predictions, with real-time AI-powered fundamental data and custom analysis

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