Zalando stock
ZAL.DEXETRAZalando SE, Consumer CyclicalISIN DE000ZAL1111WKN ZAL111
67Score 67 out of 100, Neutral
Price and trend
89 / 100
Price history
+21% in one yearThe chart shows daily closes over 12 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.
Above the 200-day line: the price is 21% above it.
Since October 2026 the 50-day line has been above the 200-day line; the trend has turned up.
Normal: the price is neither overheated nor sold off (RSI 58).
The price is 5.9% below its 52-week high. Largest decline in 12 years: 84% (July 2021 to January 2024).
Chart figures for advanced users
- SMA 50$26.93
- Average price of the last 50 trading days, shows the short-term trend.
- SMA 200$25.99
- Average price of the last 200 trading days, shows the long-term trend.
- RSI (14)58
- Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
- MACDabove the signal line
- Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
- Support$21.15
- The lowest closing price of the last twelve months.
- Resistance$33.51
- The highest closing price of the last twelve months.
Snapshot
Computed from the data by fixed rules, no AI
- Zalando SE belongs to the Specialty Retail industry (Germany) and, with a market value of $7.7B, is number 35 of 86 companies in its industry on MEQIRI.
- In fiscal 2025 it reported revenue of $13.68B (up 16.8% year on year) and earnings of $238.35M (down 14.3%).
- For fiscal 2026, analysts expect on average revenue of $15.36B (up 12.3%) and adjusted earnings per share of $1.57 (up 59.3%).
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- MEQIRI Score 67 out of 100 (Neutral): rank 221 of 596 in Consumer Cyclical, median 61.
- Our model puts fair value at $86.00, with the price 63% below it.
In plain words
The numbers on this page in plain words, written by an AI
Strengths
- Earnings turn into cashFree cash flow above 500% of earnings over the last 12 months.Fundamentals 77
- Below fair valuePrice 63% below the fair value of $86.00.Valuation 99
- Analysts expect strong earnings growthUp 28.5% a year through 2028 (estimates from 17 analysts).Growth 52
Weaknesses
None of our weakness checks flags anything. Crash risk is measured separately.
Its standout strengths are valuation and technical analysis, while profitability holds the score back.
Daily figure as of 13 Nov 2026
How the score is calculatedScore overview
Fundamentals are strong, with stable profits.
Score history
The full history of up to 20 years comes with MEQIRI Pro.
See plansCrash risk low
How well MEQIRI warnsOne of the 30% with the lowest crash risk among smaller stocks.
From 2016 to 2025, 14 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.
What lowers it
- price near its 52-week high
Valuation
Valuation signal
Significantly undervaluedIn our model the price counts as cheap below $61.43 and expensive above $143.33 (uncertainty high, based on the price swings of the past year).
Calculated with a cost of equity of 7.1%. At 8.1% the fair value would be $71.35, at 6.1% it would be $108.00.
Valuation metrics
From the cash-flow model alone; the profit includes one-off items, so there is no industry value.
Calculate with your own assumptionsCompany performance
This shows several years of history with an automatic assessment.
Revenue
In the twelve months to 30 Sep 2026, revenue rose 18.1% on the twelve months before. Revenue has grown strongly since 2010, at around 34% per year.
Margins
- Gross margin
- Operating margin
- Net margin
In fiscal 2025: gross 37%, operating 3%, net 2%.
Debt & balance sheet
latest quarterModerate debt, and interest is adequately covered.
Earnings
- Next earnings
- 11 Mar 2027in 118 days
- Last reported
- 3 Nov 2026EPS reported −$0.08 (expected $0.19)below expectations
Analyst estimates
Earnings estimates have barely changed since 15 Oct 2026.
- Earnings per share
- $1.57−2.4%
- Revenue
- $15.36B+0.1%
- Earnings per share
- $2.07−1.6%
- Revenue
- $16.19B+0.1%
MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.
Company outlook lowered
Share price after the results: −16.0%2026 growth in GMV and revenue is now expected in the lower half of the 12% to 17% range; adjusted EBIT guidance narrowed to EUR 680 million to EUR 720 million with the midpoint targeted.
“Number five, we're refining our 2026 growth guidance to the lower half of the original 12% to 17% range for GMV and revenue following our H1 performance. Adjusted EBIT is narrowed to EUR 680 million to EUR 720 million.”The outlook is not part of the score and not a recommendation to buy or sell.
From the earnings call on 4 Aug 2026 (fiscal Q2 2026), read by AI.
What happened at Zalando
The key events of the last six months from our own data. A click takes you to the matching card.
Sector comparison
596 rated companies in Consumer Cyclical
- This company
- 67
- Sector median
- 61
Categories against the sector median
The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.
Competitors in Specialty Retail
The next larger and next smaller companies by market value
- Rakuten Group4755.T $8.64B36
- Sanrio8136.T $8.47B72
- AvoltaAVOL.SW $8.32B54
- Canadian TireCTC.TO $8.3B58
- EtsyETSY $7.61B79
- MonotaRO3064.T $7.42B81
- Global-e OnlineGLBE $6.9B73
- Vibra EnergiaVBBR3.SA $6.37B71
ETFs that hold Zalando
Held by 121 ETFs on Xetra. Shown per index: the ETF with the largest weight.
| ETF | Weight | Cost | Fund size |
|---|---|---|---|
| iShares STOXX Europe 600 Retail UCITS ETF (DE)EXH8 | 7.87% | 0.46% | €14.53M |
| L&G Ecommerce Logistics UCITS ETFETLH | 2.39% | 0.49% | €62.57M |
| UBS Factor MSCI EMU Prime Value Screened UCITS ETF EUR disUIMZ | 0.82% | 0.25% | €67.92M |
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| iShares EURO STOXX Mid UCITS ETFIQQM | 0.77% | 0.40% | €560.15M |
| iShares MSCI Europe Consumer Discretionary Sector UCITS ETFESIC | 0.73% | 0.18% | €114.06M |
| State Street SPDR MSCI Europe Consumer Discretionary UCITS ETFSPYR | 0.72% | 0.18% | €75.17M |
| iShares DAX ESG UCITS ETF (DE)EXIA | 0.67% | 0.12% | €141.64M |
| iShares MSCI Europe Mid-Cap Equal Weight UCITS ETFCEMT | 0.62% | 0.25% | €36.34M |
Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 May 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.