Zip Co stock sits 55.66 percent below Citi's AUD 3.30 target

Published on 10/20/2026 at 20:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 total income reached AUD 1.35 billion, up 24.60 percent. Zip Co stock costs EUR 1.32 at Lang & Schwarz on October 20, 2026.

Analyst view from October 13, 2026

Citi analyst Siraj Ahmed maintained a Buy rating and set an AUD 3.30 target on October 13, 2026.
Zip reported AUD 1.35 billion of total income and a 20.00 percent operating margin for fiscal 2026.
Zip Co stock costs EUR 1.32 at Lang & Schwarz on October 20, 2026 at 8:21 p.m. CEST.
Zip's next results are due on October 23, 2026.

Zip Co, AU0000218307, Illustration mit AI erstellt.

Zip Co (ISIN AU0000218307) sat 55.66 percent below Citi's AUD 3.30 target on October 20, 2026, based on the firm's AUD 2.12 ASX price and Citi analyst Siraj Ahmed's maintained Buy rating from October 13, 2026, as reported by Markets Insider. After hours, Zip Co stock was trading at EUR 1.32 at Lang & Schwarz on October 20, 2026 at 8:21 p.m. CEST.

Income growth sets the backdrop

Zip reported total income of AUD 1.35 billion for fiscal 2026, an increase of 24.60 percent from the prior year. The company also reported cash EBTDA of AUD 268.90 million, up 57.90 percent, according to its investor-relations page.

Operating margin reached 20.00 percent in fiscal 2026, while net transaction margin was 3.90 percent. Active customers totaled 6.50 million and merchants totaled 97,400 in the same fiscal year, giving the income growth a wider operating base.

Stock remains below its yearly high

Zip Co's ASX price was AUD 2.12 on October 20, 2026 at 4:10 p.m. AEDT, after an AUD 2.17 prior session value. The intraday range was AUD 2.10 to AUD 2.19, while the 52-week range was AUD 1.38 to AUD 4.66. Volume reached 10,511,562 shares against an average of 17,241,435.

The current ASX price sits 54.51 percent below the 52-week high and 53.62 percent above the 52-week low. The distance to Citi's AUD 3.30 target is 55.66 percent from the AUD 2.12 ASX price, keeping the analyst view materially above the latest Australian quotation.

Results date and valuation

Zip's price-to-earnings ratio was 23.40 and its market capitalization was AUD 2.6 billion on October 20, 2026. The next results are due on October 23, 2026, according to the company's investor-relations page.

Citi's rating action followed Zip's June-quarter revenue of AUD 683.38 million and net profit of AUD 64.03 million, compared with AUD 562.36 million and AUD 56.89 million a year earlier, respectively, as reported by Markets Insider. That comparison puts the latest target alongside a quantified improvement in quarterly revenue and net profit.

Price and results remain the key markers

Zip combines fiscal 2026 income growth with a scheduled results date and a share price well below its 52-week high. The October 23 reporting date will provide the next dated test of the revenue and margin figures behind the current analyst target.

The further course of trading is shown by the continuously updated real-time quote of Zip Co stock.