Jefferies keeps EUR 67 target for Inditex stock as Zara tests demand

Published on 10/20/2026 at 10:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jefferies keeps a EUR 67.00 target dated October 4, 2026. Inditex stock costs EUR 55.74 on October 20, 2026, 0.58 percent above the Xetra close.

Analyst view and trading date

On October 4, 2026, Jefferies kept a EUR 67.00 target and its Buy rating.
First-half 2026 sales reached EUR 19.8 billion, up 7.60 percent year over year.
Inditex stock trades at EUR 55.74 at 10:13 a.m. CEST at Lang & Schwarz on October 20, 2026, 0.58 percent above the Xetra close of October 19, 2026.

Isometrisches 3D-Diagramm der Mode-Lieferkette von Feld bis Einzelhandel — Inditex S.A. Lieferkette isometrisch von Baumwollfeld bis Ladenregal visualisiert, Aktie ISIN ES0148396007, Illustration mit AI erstellt.

Inditex (ISIN ES0148396007) has a EUR 67.00 price target from Jefferies, which kept its Buy rating in a report dated October 4, 2026, as reported by Markets Insider. At Lang & Schwarz, the stock stood at EUR 55.74 on October 20, 2026 at 10:13 a.m. CEST, plus 0.58 percent versus the Xetra close of October 19, 2026 at EUR 55.42.

Why Jefferies favors Zara's premium test

The analyst view centers on Zara's first collection designed by John Galliano, launched on October 1, 2026. Cinco Dias reported that Jefferies expects the initiative to support third-quarter growth and keeps a EUR 67.00 target. The note also estimates year-over-year growth of 9.50 percent for the third quarter and potential Zara sales of EUR 100.0 million from the collection.

What does the next report need to prove?

Inditex's first-half 2026 results provide the benchmark. According to Cinco Dias, sales rose 7.60 percent to EUR 19.8 billion, net income increased 6.80 percent to EUR 2.98 billion and gross margin reached 58.70 percent. The comparison matters because the next results must show whether faster sales growth can coexist with stable profitability.

Three dates frame the setup

On April 29, 2026, Inditex traded ex dividend for a total gross payment of EUR 1.75 per share, according to the company's Inditex investor information. On October 1, 2026, Zara launched the Galliano collection with 157 articles, as reported by Cinco Dias. On October 4, 2026, Jefferies kept its EUR 67.00 target and Buy rating, according to Markets Insider.

Dates for the dividend and results

The next company dates are October 29, 2026, for the ex-dividend date, and November 2, 2026, for payment of the EUR 0.875 gross final dividend per share, according to Inditex. The investor agenda also lists December 2, 2026, for interim nine-month results.

Trading level and investor test

The stock is 6.20 percent below its 52-week high of EUR 59.42 and 20.99 percent above its 52-week low of EUR 46.07. Its market capitalization was EUR 173.3 billion as of October 20, 2026, while the key debate remains whether Zara's premium initiatives can reinforce revenue growth without weakening the 58.70 percent first-half gross margin. The further course of trading is shown by the continuously updated real-time quote of Inditex stock.