ZGNZGNConsumer Cyclical · Apparel Manufacturing

ZGN Stock Forecast: Ermenegildo Zegna NV Price Predictions for 2026-2027

Last close, 11 Sept 2026
$12
−0.17% on the day

The 12 Wall Street analysts covering Ermenegildo Zegna NV hold a median 12-month price target of $15 — +26.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 35 of 100 as at 10 Sept 2026 — in the lower half. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$4.9B
Ticker Nerd rank
35 / 100
Median analyst target
$15
Analysts covering
12
Total return, dividends reinvested
1W
−8.2%
1M
−18.0%
YTD
+14.4%
1Y
+32.4%
From 52W high
−23.9%
From 52W low
+35.0%
$9
$15
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ZGN stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Ermenegildo Zegna NV on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 10 Sept 2026
35 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
75
Accruals
66
Volatility
60
Revisions
56
Quality
49
Growth
48
Issuance
27
Size
19
Value
14

Momentum (75): The shares have been drifting up relative to others.

Value (14): The shares cost a lot relative to the profits and assets behind them.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ZGN stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ZGN, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$8$10$12$14$16Oct 25Jan 26Apr 26Jul 26ZGNHigh $16Median $15Low $12

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says12 analysts
8 Buy3 Hold1 Sell
Low $12Median $15High $16

The green dot is the last close — the median target sits +26.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
4 Sept 2026TD CowenMaintainsBuy$17$15
4 Sept 2026UBSMaintainsBuy$15$16
24 July 2026TD CowenMaintainsBuy$15$17
24 July 2026TD CowenMaintainsBuy
30 June 2026JP MorganMaintainsOverweight
30 June 2026JP MorganMaintainsOverweight$13$14
17 June 2026Goldman SachsDowngradeNeutral
20 May 2026TD CowenUpgradeBuy
1 May 2026TD CowenMaintainsHold
16 Jan 2026B of A SecuritiesDowngradeNeutral
24 Oct 2025UBSMaintainsNeutral
14 Oct 2025JefferiesInitiatesBuy
23 Sept 2025B of A SecuritiesMaintainsBuy
15 Sept 2025JP MorganInitiatesOverweight
16 Jan 2025B of A SecuritiesUpgradeBuy
22 Nov 2024Morgan StanleyInitiatesUnderweight
11 Jan 2024Goldman SachsUpgradeBuy
25 Sept 2023B of A SecuritiesUpgradeBuy
20 Sept 2022B of A SecuritiesInitiatesBuy
29 Apr 2022UBSInitiatesNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ZGN appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

ZGN vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 11 Sept 2026, Ermenegildo Zegna NV returned +32.4% against +17.5% for the S&P 500, dividends included.

ZGN vs S&P 500, last 12 monthsTotal return, rebased to 100
100120140160180Oct 25Jan 26Apr 26Jul 26ZGNS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

ZGN analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
−2.5%
Analysts raising
2
Analysts cutting
0
Fundamentals

Ermenegildo Zegna NV (ZGN) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
33.2×

Cheaper than 22% of US stocks

Price / sales
2.5×

Cheaper than 45% of US stocks

Price / book
2.7×

Cheaper than 35% of US stocks

EV / EBITDA
25.5×

Cheaper than 10% of US stocks

Growth & margins
Revenue growth (YoY)
6.4%

Higher than 42% of US stocks

Earnings growth (YoY)
−46.2%

Higher than 11% of US stocks

Gross margin
Operating margin
7.2%

Higher than 59% of US stocks

Net margin
4.0%

Higher than 57% of US stocks

Returns & dividend
Return on equity
8.7%

Higher than 60% of US stocks

Return on assets
3.6%

Higher than 69% of US stocks

Dividend yield
4.7%

Higher than 80% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Ermenegildo Zegna NV (ZGN) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Ermenegildo Zegna NV has a market value of $4.9B and an enterprise value of $4.7B.

  • Shares outstanding: 423.9M.

  • Trailing P/E: 33.2×; forward P/E: 18.6× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 4.72%, paying out 40% of earnings.

  • Ermenegildo Zegna NV employs 7,600 people.

market figures as at 11 Sept 2026

Data provided by Twelve Data

Peers

ZGN vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelApparel Manufacturing
CompanyMarket capTKN rank
ZGNErmenegildo Zegna NV$4.9B
35
LEVILevi Strauss & Co.$7.9B
72
VFCVF Corp.$4.9B
61
GILGildan Activewear, Inc.$9.1B
32
KTBKontoor Brands, Inc.$3.7B
90
PVHPVH Corp.$3.2B
67
COLMColumbia Sportswear Co.$2.9B
86

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Ermenegildo Zegna NV — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ZGN news & analysis

URBN or ZGN: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 11 Sept 2026neutral

Zacks Investment Research published an article comparing Urban Outfitters (URBN) and Ermenegildo Zegna N.V. (ZGN) as potential value-stock investments in the Retail - Apparel and Shoes sector. The piece poses the question of which of the two stocks appears more attractive to value investors.

Why it matters — The article directly assesses ZGN's appeal to value investors in comparison to a sector peer, offering relevant context for those tracking the stock.

Ermenegildo Zegna: Core Margin Expansion And Better FCF Support A Buy (Rating Upgrade)

Seeking Alpha · 6 Sept 2026positive

A Seeking Alpha analysis upgrades its rating on Ermenegildo Zegna, citing core margin expansion, improved free cash flow, and stronger cash generation. The report notes higher DTC productivity and operating leverage support margins, while Tom Ford Fashion improves and Thom Browne remains weak.

Why it matters — A ZGN watcher would care because the upgrade points to strengthening core profitability and cash flow quality, even without a full recovery from the Tom Ford or Thom Browne brands.

Ermenegildo Zegna N.V. (ZGN) Q2 2026 Earnings Call Transcript

Seeking Alpha · 3 Sept 2026neutral

Seeking Alpha published the transcript of Ermenegildo Zegna N.V.'s (ZGN) Q2 2026 earnings call, covering the company's second-quarter results presentation and management discussion.

Why it matters — A ZGN watcher would care because the earnings call transcript provides direct insight into the company's second-quarter performance and management commentary.

Ermenegildo Zegna H1 Earnings Call Highlights

MarketBeat · 3 Sept 2026neutral

Ermenegildo Zegna reported first-half 2026 adjusted EBIT of slightly more than €74 million, up from €69 million a year earlier, supported by a higher direct-to-consumer mix and operating leverage. Reported profit declined to €28 million from €48 million in the prior-year period, largely due to the absence of a favorable remeasurement gain related to the Thom Browne put option liability.

Why it matters — A ZGN watcher would care because the results show improved underlying profitability via a stronger direct-to-consumer mix, even as reported profit fell on a one-off accounting item tied to the Thom Browne put option.

Ermenegildo Zegna Group Reports First Half 2026 Revenues of €987 Million With Profit at €28 Million and Adjusted EBIT at €74 Million

Business Wire · 3 Sept 2026neutral

Ermenegildo Zegna Group reported first half 2026 revenues of €987 million, with profit of €28.4 million (down from €47.9 million in H1 2025) and adjusted EBIT of €74.5 million (up from €68.7 million in H1 2025). Executive Chairman Gildo Zegna said the results reflect the effectiveness of the Group's strategy.

Why it matters — ZGN watchers would track this earnings update as it shows a decline in reported profit but growth in adjusted EBIT, indicating shifts in the Group's financial performance.

FAQ

Frequently asked questions about ZGN stock

What is the ZGN stock price forecast for 2026-2027?

The 12 Wall Street analysts covering Ermenegildo Zegna NV have a median 12-month price target of $15, with estimates ranging from $12 to $16. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ZGN stock a buy right now?

Of the 12 analysts covering Ermenegildo Zegna NV, 8 rate it a Buy, 3 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Ermenegildo Zegna NV 35 out of 100 across roughly 4,600 US stocks as at 10 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ZGN?

As at 10 Sept 2026, Ermenegildo Zegna NV ranks 35 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (75 of 100).

Will ZGN stock go up?

No one can know that. What the data says: the median 12-month target from 12 analysts implies +26.8% from the last close, and Ticker Nerd's factor model ranks Ermenegildo Zegna NV 35 out of 100 as at 10 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ZGN stock forecast for 2030?

No analyst covering Ermenegildo Zegna NV publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ZGN are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $12 to $16 over the next 12 months.

How has ZGN stock performed over the past year?

Ermenegildo Zegna NV returned +32.4% over the 12 months to 11 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Ermenegildo Zegna NV do?

Ermenegildo Zegna N.V. Ordinary Shares represent the publicly traded equity of Ermenegildo Zegna N.V., the parent company of the Zegna Group.

What is the latest news on ZGN?

The most recent item we track (Zacks Investment Research, 11 Sept 2026): "URBN or ZGN: Which Is the Better Value Stock Right Now?". Zacks Investment Research published an article comparing Urban Outfitters (URBN) and Ermenegildo Zegna N.V. (ZGN) as potential value-stock investments in the Retail - Apparel and Shoes sector. The piece poses the question of which of the two stocks appears more attractive to value investors.

Company

About Ermenegildo Zegna NV.

Ermenegildo Zegna N.V. Ordinary Shares represent the publicly traded equity of Ermenegildo Zegna N.V., the parent company of the Zegna Group. The company designs, produces, markets, and distributes luxury apparel and accessories worldwide, with a strong focus on menswear, including tailored clothing, casualwear, footwear, leather goods, and fragrances. Its portfolio also includes women’s and children’s clothing and selected accessories, reflecting a broader presence across the luxury fashion market. The business serves consumers through a global brand platform that combines high-end craftsmanship, premium materials, and a diversified product mix across fashion categories. Ermenegildo Zegna N.V. plays a notable role in the luxury goods sector by positioning the Zegna brand alongside other international premium labels and by extending its reach through complementary brand offerings within the group.

CEO Mr. Gianluca Ambrogio Tagliabue · 7,600 employees · Italy · https://www.zegnagroup.com