Citi keeps AUD 3.30 target for Zip Co stock as price falls 4.07 percent

Published on 10/15/2026 at 19:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

June-quarter revenue reached AUD 683.38 million. Zip Co stock costs EUR 1.31 on October 15, 2026 at 7:09 p.m. CEST, down 4.07 percent on ASX.

Analyst target and valuation

Citi set an AUD 3.30 target for Zip Co on October 13, 2026, 55.66 percent above the AUD 2.12 ASX price.
June-quarter revenue reached AUD 683.38 million, while net profit came to AUD 64.03 million.
Zip Co stock costs EUR 1.31 at Lang & Schwarz on October 15, 2026 at 7:09 p.m. CEST, down 4.07 percent on the ASX versus the prior close.
Zip Co had an AUD 2.6 billion market capitalization and a P/E ratio of 23.40.

Zip Co, AU0000218307, Illustration mit AI erstellt.

CITI analyst Siraj Ahmed maintained a Buy rating for Zip Co and set an AUD 3.30 price target on October 13, 2026, according to Markets Insider. Against the AUD 2.12 ASX price on October 15, 2026, that target stands 55.66 percent higher. Zip Co stock was trading at EUR 1.31 at Lang & Schwarz on October 15, 2026 at 7:09 p.m. CEST, down 4.07 percent on the ASX versus the prior close of AUD 2.21.

Quarterly revenue reached AUD 683.38 million

Zip's latest reported quarter ended June 30, 2026. Revenue reached AUD 683.38 million, compared with AUD 562.36 million a year earlier, while net profit rose to AUD 64.03 million from AUD 56.89 million, Markets Insider reported. The figures imply revenue growth of 21.52 percent and net profit growth of 12.55 percent year over year.

Price sits near the yearly low

The ASX quote was AUD 2.12 at 5:10 a.m. UTC on October 15, 2026, with a session range of AUD 2.06 to AUD 2.14 and volume of 14,376,248 shares. Zip Co's 52-week range was AUD 1.38 to AUD 4.93, placing the price 53.96 percent above the low and 56.99 percent below the high. Trading volume was 16.14 percent below the average of 17,142,306 shares.

Valuation and dates

Zip Co's market capitalization was AUD 2.6 billion on October 15, 2026, and its trailing P/E ratio was 23.40. The company describes itself as an ASX-listed digital financial services provider operating across Australia, New Zealand and the United States, with point-of-sale credit and digital payment products, according to Zip Co.

Comparison with peers

Zip Co (ASX, AUD): minus 4.07 percent, P/E 23.40, market capitalization AUD 2.6 billion
Sezzle (NASDAQ, USD): plus 4.14 percent, P/E 27.80, market capitalization USD 4.3 billion
PayPal (Nasdaq, USD): plus 0.37 percent, P/E 10.64, market capitalization USD 48.2 billion

Euro price remains below the ASX level

For investors in Germany, the euro quote frames the move differently from the home-market quotation. The ASX price of AUD 2.12 was 4.07 percent below its prior close on October 15, 2026, while the Lang & Schwarz quote stood at EUR 1.31 after the Xetra session.

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