Zalando stock: UBS cuts target from EUR 35.00 to EUR 33.50

Published on 10/23/2026 at 15:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBIT reached EUR 270.00 million in first-half 2026. Zalando stock costs EUR 26.55 on October 23, 2026, 1.22 percent above the Xetra close.

Analyst target and earnings

UBS cut its Zalando target from EUR 35.00 to EUR 33.50 on October 13, 2026.
Adjusted EBIT reached EUR 270.00 million in the first half of 2026, up 16.10 percent year over year.
Zalando stock costs EUR 26.55 at Lang & Schwarz on October 23, 2026 at 5:36 p.m. CEST, 1.22 percent above the Xetra close of October 22, 2026.

Aquarell Berliner Skyline mit Fernsehturm und Spree, Pastellfarben in Blau und Rosa — Zalando SE (DE000ZAL1111) – Berliner Skyline mit Fernsehturm und Spree in weichen Aquarell-Pastelltönen gemalt, Illustration mit AI erstellt.

UBS cut its price target for Zalando from EUR 35.00 to EUR 33.50 on October 13, 2026, while keeping its Buy rating, according to onvista. Zalando stock was trading at EUR 26.55 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST, 1.22 percent above the Xetra close of October 22, 2026 at EUR 26.23.

Target stays above the price

The revised UBS target is 26.18 percent above the Lang & Schwarz price. The bank cited weaker demand for sportswear and weather-related pressure on the third quarter, while its Buy rating remained unchanged, onvista reported. That leaves the target above the stock despite the reduction from EUR 35.00.

Profit growth meets softer revenue

In the first half of 2026, adjusted EBIT rose 16.10 percent year over year to EUR 270.00 million, lifting the adjusted EBIT margin to 4.20 percent. Group revenue increased more than 22.00 percent year over year, according to the Q2 earnings call published by Yahoo Finance. Management narrowed full-year adjusted EBIT guidance to EUR 680.00 million to EUR 720.00 million.

Price position and valuation

The Lang & Schwarz quote sits inside Zalando's EUR 18.61 to EUR 30.43 52-week range on October 23, 2026. The market capitalization was EUR 6.5 billion, the price-to-earnings ratio was 71.78, and trading volume reached 334,725 shares at 3:31 p.m. CEST. These figures place the stock below its 52-week high while the latest analyst target remains higher.

When are the next dates?

Zalando is scheduled to publish third-quarter 2026 results on November 3, 2026, followed by an appearance at the UBS European Conference on November 10, 2026, according to Admirals. The November report will provide the first comparison period in which ABOUT YOU is fully included.

Stock price in Germany

Zalando stock was trading at EUR 26.55 at Lang & Schwarz on October 23, 2026 at 3:36 p.m. CEST, 1.22 percent above the Xetra close of October 22, 2026 at EUR 26.23.

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