Zip Co stock signs 76ers partnership as FY26 growth holds

Published on 10/08/2026 at 08:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zip Co stock was last at AUD 2.08 on October 8, 2026, while fiscal 2026 cash EBTDA rose 57.9 percent. The 76ers deal expands its US payments push.

Zip Co, AU0000218307, Illustration mit AI erstellt.

Zip Co (ISIN AU0000218307) was last at AUD 2.08 on the ASX on October 8, 2026, down 1.89 percent from the prior close. The company had announced a partnership with the Philadelphia 76ers on October 6, giving its US payments business a new channel into tickets, merchandise and arena spending, according to Yahoo Finance.

Zip expands its US reach

The agreement covers the 2026-27 NBA season and includes ticket promotions, merchandise offers and Zip branding on courtside LED signs and arena videoboards. That gives Zip a commercial link between flexible payments and high-frequency consumer activity, although the release does not quantify the partnership's expected revenue contribution.

Fiscal 2026 delivered growth

Zip's fiscal 2026 cash EBTDA rose 57.9 percent to AUD 268.9 million, while revenue climbed 24.7 percent to AUD 1.336 billion and net profit after tax increased 45.7 percent to AUD 116.4 million, The Bull reported on October 5, 2026.

Operating margin expanded from 15.8 percent to 20.0 percent in fiscal 2026. Management guidance cited by The Bull calls for cash EBTDA of AUD 340 million in fiscal 2027 and an operating margin range of 20 percent to 22 percent, placing execution in the United States at the center of the next earnings test.

Analysts see a wider valuation gap

The Bull listed 12 analysts with Buy or Strong Buy ratings, price targets from AUD 3.50 to AUD 4.70 and an average target of AUD 4.28 on October 5, 2026. The average target lies 105.8 percent above the AUD 2.08 price, a comparison that highlights the distance between broker expectations and the latest ASX quotation.

Credit quality is the counter-factor. Net bad debts rose from 1.52 percent of transaction volume in fiscal 2025 to 1.77 percent in fiscal 2026, according to The Bull on October 5, 2026.

Stock remains below its yearly high

Zip Co's AUD 2.08 price on October 8, 2026, remained below its 52-week high of AUD 4.93 and above its 52-week low of AUD 1.38. Market capitalization stood at AUD 2.6 billion, while volume reached 16,833,544 shares on the same ASX session.