NYSE: ZGN

Ermenegildo Zegna (ZGN) Stock Analysis & Forecast

Oct 12 close

$12.60−0.08 (−0.6%)

Gekko Brief

AI summaryOct 12 close

Ermenegildo Zegna confirmed it will report unaudited third-quarter 2026 revenues on October 22, with a conference call and webcast to follow. Analyst activity has been mixed in the meantime: HSBC initiated coverage with a Buy rating and a $16.00 price target, pointing to growth from Made-to-Measure products and high net worth clientele, while Goldman Sachs reiterated a Neutral rating with a $14 price target, citing 12% upside from its then-trading price of $12.52.

ZGN closed at $12.60, down 0.6%, sitting between its 50-day average of $13.08 and 200-day average of $12.21. The stock's one-month return is 8.5%, though the three-month return is -3.2%, and it remains well off its 52-week high of $15.95. The GekkoIndex reads 56.9, placing the stock in the Neutral zone, down from a five-point change of -3.9. Against Gekko Fair Value of $20.03, the current price reflects a gap of -37.1%.

No confirmed earnings date beyond the October 22 revenue report appears on the calendar, and the last quarterly result showed an EPS miss against estimate. No insider, Congress or unusual options activity is recorded in the respective 90-day and 30-day windows. Consensus among 8 firms stands at 5 buy and 3 hold ratings, with a consensus target of $14.42, implying 14.4% upside. Seasonality over the next 20 trading days has averaged -3.8% across 4 years, with gains in 2 of them, a pattern worth noting heading into the revenue release.

Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.

Ermenegildo Zegna price vs fair value

▲$20.03$12.60Oct ’25Apr ’26Oct ’26
Close $12.60200-day averageGekko Fair Value $20.03

Ermenegildo Zegna quick facts

Market cap
$3.38B
P/E ratio
35.8
Forward P/E
22.6
EPS, TTM
$0.35
Revenue, TTM
$1.98B
Profit margin
4%
Dividend yield
0.98%
Beta
0.91
Volume
789,283 avg 1.06M
1-year return
+29.8%
Typical daily move
±3.1%
Typical 20-day move
±7.5%
50-day average
$13.08
200-day average
$12.21
Next earnings
—
Shares outstanding
268.9M
52-week range
$8.64$15.95

Ermenegildo Zegna swing-trade checklist

Ermenegildo Zegna scores 1 supportive, 3 mixed and 0 headwinds across the 4 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

1 supportive3 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $12.60 sits between the 50-day ($13.08) and 200-day ($12.21) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    56.9, Neutral

    Reading 56.9 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    37.1% below

    Price is 37.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings riskno data

    No data

    No confirmed report date on the calendar.

    See earnings
  • Seasonalitymixed

    −3.8% on average

    From this point in the calendar, the next 20 trading days averaged −3.8% over 4 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Ermenegildo Zegna stock chart and price history

Ermenegildo Zegna closed at $12.60 on Oct 12, 2026, +29.8% over the past year, inside a 52-week range of $8.64 to $15.95.

Close50-day average200-day averageVolume
Ermenegildo Zegna share price, past year, with 50-day and 200-day moving averages and volume$8$10$12$14NovDecJan 2026FebMarAprMayJunJulAugSepOct12.60

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+8.5%
3 months
−3.2%
6 months
+9.9%
1 year
+29.8%
The full ZGN chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ZGN in Gekko

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About Ermenegildo Zegna

Ermenegildo Zegna designs, produces, and sells luxury menswear along with footwear, leather goods, and related accessories, marketed mainly under the Zegna and Thom Browne names. The men's range spans casual leisurewear and formal pieces such as suits, tuxedos, shirts, blazers, and overcoats, finished with matching accessories. Leather items including shoes, bags, belts, and small goods round out the offering, alongside fragrances, and the Thom Browne label also covers luxury womenswear and childrenswear.

The company works with outside manufacturers on licensed categories such as eyewear, cufflinks, fine jewelry, watches, intimate apparel, and beachwear. It reaches shoppers through a mix of its own retail stores and online channels, with a presence spanning Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Founded in 1910 and based in Trivero, Italy, Ermenegildo Zegna operates as a subsidiary of Monterubello Societa' Semplice. Its shares are listed on the NYSE under the ticker ZGN.

Listed
NYSE
Sector
Consumer non-durables
Industry
Apparel/Footwear
Website
zegnagroup.com

Ermenegildo Zegna GekkoIndex: the smart money zone

Ermenegildo Zegna’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.9, in the Neutral zone, down 3.9 points over five sessions.

010056.9Neutral

Down 3.9 points over five sessions, from the Accumulation zone.

Reading for Oct 12, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying58+2.6%+5.2%+6.7%+12.6%
Accumulation230−0.4%+0.5%+2.1%+1.9%
Neutral (current zone)353+0.4%−0.1%−0.9%0.0%
Distribution39+0.5%+0.8%+1.5%−4.4%
Selling2Too few readings yet

Average ZGN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.1% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ZGN price, zone by zone.Track ZGN in Gekko

Is Ermenegildo Zegna stock overvalued? Gekko Fair Value

Ermenegildo Zegna trades 37.1% below Gekko Fair Value of $20.03, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Ermenegildo Zegna shares are worth, recalculated every trading day.

$20.03

Gekko Fair Value, Oct 10, 2026

37.1% Undervalued

At the end of Aug 2026 the price was 44.9% below the estimate.

Gekko Fair ValueShare price, month end
$20$13Aug 2026SepOct 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ZGN in Gekko

Ermenegildo Zegna insider and Congress trading

No open-market insider purchases were filed for Ermenegildo Zegna, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ZGN in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ZGN insider filing, plotted on the chart in Gekko.Open ZGN in Gekko

Congress trades last 90 days

No trades in ZGN were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ZGN, plotted on the chart in Gekko.Open ZGN in Gekko

Buybacks

Ermenegildo Zegna has been buying back its own shares.

Bought back, quarter ended Dec 31, 2021
$341.3M
As a share of market cap
10.09%

From company filings.

Ermenegildo Zegna earnings: next date and track record

Ermenegildo Zegna beat the EPS estimate in 5 of its last 8 reports, moving 4.8% on average across the report.

5 of 8reports beat the EPS estimate
±4.8%average move across the report
3 of 8reports followed by a gain

Share-price move across each report

+7.6%Jul ’23−2.9%Sep ’23−2.8%Jul ’24−10.6%Sep ’24−3.0%Jun ’25+3.4%Sep ’25+8.2%Mar ’260.0%Sep ’26

Last earnings call, Sep 3, 2026 AI summary

What they said
ZGN reported H1 2026 gross profit of EUR 668M with a 67.6% margin, supported by DTC channel mix rising to 86% of branded revenues. Adjusted EBIT reached EUR 74M (7.5% margin) versus EUR 69M prior year. Zegna segment margin improved 50bps to 14.8%, while Thom Browne swung to EUR -8M EBIT and TOM FORD Fashion improved to EUR -12M loss. Net profit fell to EUR 28M from EUR 48M, impacted by absence of a one-time Thom Browne put option remeasurement gain.
Guidance
Management expects H2 2026 effective tax rate to be lower than the H1 rate of 39%. No explicit revenue or earnings targets were provided in this excerpt; further guidance likely addressed in CEO remarks or Q&A.
ReportedEPSSurpriseRevenueSurpriseMove
Sep 3, 2026$0.10
est $0.18
−43.7%$1.13B
est $1.13B
0.0%0.0%
Mar 20, 2026$0.28
est $0.19
+47.7%$1.16B
est $1.17B
−0.4%+8.2%
Sep 5, 2025$0.20
est $0.12
+68.5%$1.09B
est $1.09B
−0.2%+3.4%
Jun 26, 2025$0.22
est $0.15
+44.9%$815.6M
est $918.7M
−11.2%−3.0%
Sep 18, 2024$0.11
est $0.18
−41.5%$1.03B
est $977.9M
+5.6%−10.6%
Jul 5, 2024$0.33
est $0.21
+57.9%$629.5M
est $629.5M
0.0%−2.8%
Sep 13, 2023$0.22
est $0.22
0.0%$985.0M
est $985.0M
0.0%−2.9%
Jul 6, 2023$0.19
est $0.16
+20.1%$435.6M
est $865.9M
−49.7%+7.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Ermenegildo Zegna stock forecast and analyst price targets

Analysts’ average 12-month price target for Ermenegildo Zegna is $14.42, +14.4% from the last close, from 8 firms rating the stock in the last 90 days.

$14.42consensus 12-month target, +14.4% from the last close
Low $13High $17
Buy5
Hold3
Sell0

Each firm’s latest rating in the last 90 days: 8 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 6HSBCBuy, initiated$16+27.0%
Oct 5UBSBuy, maintained$15.40+22.2%
Oct 4Goldman SachsHold, maintained——
Oct 2J.P. MorganBuy, maintained$15.50+23.0%
Sep 7Morgan StanleyHold, maintained$13+3.2%
−0.9%average 20-day move after past Neutral readings
−3.8%average move over the next 20 trading days in the last 4 years
±3.1%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Ermenegildo Zegna seasonality: the next 20 trading days

Over the next 20 trading days from Oct 10, Ermenegildo Zegna averaged −3.8% across the last 4 years, rising in 2 of them.

Next 20 trading days, by year

+5.5%2022−11.7%2023−15.1%2024+10.6%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+2.3%2 of 4
Next 10 trading days−0.1%2 of 4
Next 15 trading days−2.0%2 of 4
Next 20 trading days−3.8%2 of 4
Next 30 trading days−1.3%2 of 4

For scale, ZGN’s typical 20-trading-day move in either direction is about 7.5%.

Ermenegildo Zegna market cap and key statistics

Ermenegildo Zegna’s market cap is $3.38B, with a P/E ratio of 35.8 and revenue of $1.98B over the last twelve months.

Valuation

Market cap
$3.38B
P/E ratio
35.8
Forward P/E
22.6
EPS, TTM
$0.35
Gekko Fair Value
$20.03

Trading

Volume
789,283
Avg volume, 20 days
1.06M
52-week high
$15.95
52-week low
$8.64
Shares outstanding
268.9M

Financials

Revenue, TTM
$1.98B
Profit margin
4%
Return on equity
8.7%
Quarterly earnings growth, YoY
−49.2%

Risk and income

Beta
0.91
Typical daily move
±3.1%
Typical 20-day move
±7.5%
Dividend yield
0.98%

Ermenegildo Zegna stock news this week

Coverage of Ermenegildo Zegna this week reads neutral: 1 positive, 3 neutral and 0 negative headlines.

News sentiment neutral

Ermenegildo Zegna peers

Ermenegildo Zegna’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
NKENike+1.9%Accumulation16.4% below
RLRalph Lauren+0.9%Neutral14.6% above
ONONOn+1.3%Distribution6.8% below
DECKDeckers Outdoor+1.6%Neutral33.9% below
LULUlululemon athletica−0.1%Accumulation39.4% below
LEVILevi Strauss+2.6%Accumulation0.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

Ermenegildo Zegna stock FAQ

What is Ermenegildo Zegna’s market cap?

Ermenegildo Zegna’s market cap is $3.38B at the Oct 12, 2026 close of $12.60, with 268.9M shares outstanding. The shares trade on a P/E ratio of 35.8.

What is the Ermenegildo Zegna stock forecast?

The consensus analyst 12-month price target for Ermenegildo Zegna is $14.42, +14.4% from the last close. Of the 8 firms that rated the stock in the last 90 days, 5 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is Ermenegildo Zegna stock overvalued or undervalued?

On Gekko’s estimate Ermenegildo Zegna is undervalued: the Oct 12, 2026 close of $12.60 is 37.1% below Gekko Fair Value of $20.03. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

What is Ermenegildo Zegna’s 52-week high and low?

Ermenegildo Zegna’s 52-week high is $15.95 and its 52-week low is $8.64; it closed at $12.60 on Oct 12, 2026, +29.8% over the past year. Over the last five years the shares peaked at $16.36 on Aug 10, 2023.

Is Ermenegildo Zegna stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 1 of the 4 items with data read as supportive (fair value), 3 as mixed (trend, gekkoindex and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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