ZIM Integrated Shipping Services (ZIM) Stock Forecast, Price Target & Predictions

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ZIM Stock Forecast

ZIM Integrated Shipping Services stock forecast is as follows: an average price target of $17.03 (represents a -29.72% downside from ZIM’s last price of $24.23) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

ZIM Price Target

The average price target for ZIM Integrated Shipping Services (ZIM) is $17.03 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $12.20. This represents a potential -29.72% downside from ZIM's last price of $24.23.

ZIM Analyst Ratings

Buy

According to 2 Wall Street analysts, ZIM Integrated Shipping Services's rating consensus is 'Buy'. The analyst rating breakdown for ZIM stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ZIM Integrated Shipping Services Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Oct 23, 2024	Marco Limite	Barclays	-	-	-42.89%	-42.63%
Aug 20, 2024	Omar Nokta	Jefferies	-	-	12.36%	3.18%
Jul 30, 2024	Muneeba Kayani	Bank of America Securities	-	-	-35.07%	-49.65%
Jul 08, 2024	Marco Limite	Barclays	-	-	-43.46%	-48.41%
May 28, 2024	Marco Limite	Barclays	-	-	-52.47%	-58.73%
Jan 29, 2024	Omar Nokta	Jefferies	-	-	38.41%	-17.46%
Feb 07, 2023		Jefferies	-	-	-10.11%	-17.46%
Dec 13, 2022		Jefferies	-	-	17.06%	-13.33%
Aug 19, 2022		Barclays	-	-	22.43%	160.01%
May 18, 2022		Jefferies	-	-	62.67%	312.71%

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The latest ZIM Integrated Shipping Services stock forecast, released on Oct 23, 2024 by Marco Limite from Barclays, set a price target of $13.90, which represents a -42.89% decrease from the stock price at the time of the forecast ($24.34), and a -42.63% decrease from ZIM last price ($24.23).

ZIM Integrated Shipping Services Price Target by Period

	1M	3M	12M
# Anlaysts	1	1	6
Avg Price Target	$13.90	$13.90	$15.60
Last Closing Price	$24.23	$24.23	$24.23
Upside/Downside	-42.63%	-42.63%	-35.62%

In the current month, the average price target of ZIM Integrated Shipping Services stock is $13.90, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -42.63% decrease as opposed to ZIM Integrated Shipping Services's last price of $24.23. This month's average price target is down 0.00% compared to last quarter, and down -10.90% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 23, 2024	Jefferies	Buy	Buy	Hold
Oct 23, 2024	Barclays	Underperform	Underperform	Hold
Oct 23, 2024	Barclays	Underweight	Underweight	Hold
Oct 02, 2024	Jefferies	Buy	Buy	Hold
Oct 02, 2024	Barclays	Underperform	Underperform	Hold
Oct 02, 2024	Jefferies	Buy	Hold	Downgrade
Sep 10, 2024	Jefferies	Buy	Buy	Hold
Sep 10, 2024	Barclays	Underperform	Underperform	Hold
Aug 20, 2024	Citigroup	Underperform	Underperform	Hold
Aug 20, 2024	Jefferies	Buy	Buy	Hold

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ZIM Integrated Shipping Services's last stock rating was published by Jefferies on Oct 23, 2024. The company gave ZIM a "Buy" rating, the same as its previous rate.

ZIM Integrated Shipping Services Financial Forecast

ZIM Integrated Shipping Services Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.37B	$2.19B	$3.23B	$3.43B	$3.72B	$3.47B	$3.14B	$2.38B	$1.74B	$1.36B
Avg Forecast	$2.35B	$2.32B	$2.29B	$2.25B	$1.31B	$1.33B	$1.32B	$1.17B	$1.50B	$1.58B	$1.70B	$1.71B	$1.86B	$2.39B	$1.78B	$1.50B	$1.20B	$1.29B	$1.35B	$1.59B	$1.92B	$3.21B	$3.69B	$3.49B	$3.37B	$2.76B	$1.90B	$1.62B	$1.26B
High Forecast	$2.35B	$2.32B	$2.29B	$2.25B	$1.31B	$1.33B	$1.32B	$1.17B	$1.50B	$1.58B	$1.70B	$1.71B	$1.86B	$2.52B	$1.78B	$1.50B	$1.21B	$1.29B	$1.35B	$1.59B	$1.92B	$3.21B	$3.69B	$3.49B	$3.37B	$2.76B	$1.90B	$1.62B	$1.26B
Low Forecast	$2.35B	$2.32B	$2.29B	$2.25B	$1.31B	$1.33B	$1.32B	$1.17B	$1.50B	$1.58B	$1.70B	$1.71B	$1.86B	$2.26B	$1.78B	$1.50B	$1.18B	$1.29B	$1.35B	$1.59B	$1.92B	$3.21B	$3.69B	$3.49B	$3.37B	$2.76B	$1.90B	$1.62B	$1.26B
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	2	4	2	2	2	1	1	1	1	2	2	2	2	2
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	1.14%	1.01%	0.93%	1.07%	1.03%	1.14%	1.25%	1.08%	1.08%

ZIM Integrated Shipping Services's average Quarter revenue forecast for Jun 23 based on 2 analysts is $1.35B, with a low forecast of $1.35B, and a high forecast of $1.35B. ZIM's average Quarter revenue forecast represents a -1.90% decrease compared to the company's last Quarter revenue of $1.37B (Mar 23).

ZIM Integrated Shipping Services EBITDA Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	2	4	2	2	2	1	1	1	1	2	2	2	2	2
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$417.70M	$633.30M	$1.96B	$2.13B	$2.55B	$2.37B	$2.08B	$1.33B	$815.05M	$387.95M
Avg Forecast	$661.70M	$652.51M	$643.46M	$634.53M	$367.60M	$373.64M	$370.32M	$329.24M	$422.87M	$444.83M	$479.26M	$481.08M	$523.04M	$673.52M	$501.15M	$422.62M	$337.68M	$362.61M	$379.55M	$446.50M	$539.85M	$1.15B	$1.32B	$1.25B	$1.21B	$990.64M	$683.27M	$733.55M	$451.69M
High Forecast	$661.70M	$652.51M	$643.46M	$634.53M	$367.60M	$373.64M	$370.32M	$329.24M	$422.87M	$444.83M	$479.26M	$481.08M	$523.04M	$710.09M	$501.15M	$422.62M	$340.43M	$362.61M	$379.55M	$446.50M	$539.85M	$1.15B	$1.32B	$1.25B	$1.21B	$990.64M	$683.27M	$880.26M	$451.69M
Low Forecast	$661.70M	$652.51M	$643.46M	$634.53M	$367.60M	$373.64M	$370.32M	$329.24M	$422.87M	$444.83M	$479.26M	$481.08M	$523.04M	$636.95M	$501.15M	$422.62M	$332.19M	$362.61M	$379.55M	$446.50M	$539.85M	$1.15B	$1.32B	$1.25B	$1.21B	$990.64M	$683.27M	$586.84M	$451.69M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.94%	1.17%	1.70%	1.61%	2.04%	1.96%	2.10%	1.95%	1.11%	0.86%

2 analysts predict ZIM's average Quarter EBITDA for Jun 23 to be $379.55M, with a high of $379.55M and a low of $379.55M. This is -9.13% lower than ZIM Integrated Shipping Services's previous annual EBITDA (Mar 23) of $417.70M.

ZIM Integrated Shipping Services Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	2	4	2	2	2	1	1	1	1	2	2	2	2	2
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-58.10M	$414.20M	$1.16B	$1.33B	$1.71B	$1.71B	$1.46B	$886.46M	$587.60M	$365.05M
Avg Forecast	$-76.05M	$-81.22M	$-36.34M	$-52.96M	$-75.77M	$-81.16M	$-36.14M	$-53.00M	$25.02M	$53.84M	$134.11M	$147.58M	$273.06M	$836.74M	$231.14M	$118.09M	$-184.00M	$-207.79M	$-110.62M	$-26.12M	$265.60M	$1.13B	$1.54B	$1.51B	$1.59B	$1.08B	$729.44M	$528.84M	$447.62M
High Forecast	$-76.05M	$-81.22M	$-36.34M	$-52.96M	$-75.77M	$-81.16M	$-36.14M	$-53.00M	$25.02M	$53.84M	$134.11M	$147.58M	$273.06M	$1.08B	$231.15M	$118.12M	$-145.27M	$-207.79M	$-110.62M	$-26.12M	$265.60M	$1.13B	$1.54B	$1.51B	$1.59B	$1.08B	$729.44M	$634.61M	$447.62M
Low Forecast	$-76.05M	$-81.22M	$-36.34M	$-52.96M	$-75.77M	$-81.16M	$-36.14M	$-53.00M	$25.02M	$53.84M	$134.11M	$147.58M	$273.06M	$496.10M	$231.13M	$118.07M	$-222.74M	$-207.79M	$-110.62M	$-26.12M	$265.60M	$1.13B	$1.54B	$1.51B	$1.59B	$1.08B	$729.44M	$423.07M	$447.62M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.22%	1.56%	1.03%	0.86%	1.13%	1.08%	1.35%	1.22%	1.11%	0.82%

ZIM Integrated Shipping Services's average Quarter net income forecast for Mar 23 is $-26.12M, with a range of $-26.12M to $-26.12M. ZIM's average Quarter net income forecast represents a -106.31% decrease compared to the company's last Quarter net income of $414.20M (Dec 22).

ZIM Integrated Shipping Services SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	2	4	2	2	2	1	1	1	1	2	2	2	2	2
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$74.10M	$94.30M	$82.00M	$84.90M	$77.10M	$45.78M	$60.38M	$67.64M	$55.90M	$796.14M
Avg Forecast	$82.02M	$80.88M	$79.76M	$78.66M	$45.57M	$46.32M	$45.90M	$40.81M	$52.42M	$55.14M	$59.41M	$59.63M	$64.84M	$83.49M	$62.12M	$52.39M	$41.86M	$44.95M	$47.05M	$55.35M	$66.92M	$115.64M	$132.96M	$125.86M	$121.39M	$99.62M	$68.71M	$50.31M	$45.42M
High Forecast	$82.02M	$80.88M	$79.76M	$78.66M	$45.57M	$46.32M	$45.90M	$40.81M	$52.42M	$55.14M	$59.41M	$59.63M	$64.84M	$88.02M	$62.12M	$52.39M	$42.20M	$44.95M	$47.05M	$55.35M	$66.92M	$115.64M	$132.96M	$125.86M	$121.39M	$99.62M	$68.71M	$60.37M	$45.42M
Low Forecast	$82.02M	$80.88M	$79.76M	$78.66M	$45.57M	$46.32M	$45.90M	$40.81M	$52.42M	$55.14M	$59.41M	$59.63M	$64.84M	$78.95M	$62.12M	$52.39M	$41.18M	$44.95M	$47.05M	$55.35M	$66.92M	$115.64M	$132.96M	$125.86M	$121.39M	$99.62M	$68.71M	$40.25M	$45.42M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.34%	1.41%	0.71%	0.64%	0.61%	0.38%	0.61%	0.98%	1.11%	17.53%

ZIM Integrated Shipping Services's average Quarter SG&A projection for Jun 23 is $47.05M, based on 2 Wall Street analysts, with a range of $47.05M to $47.05M. The forecast indicates a -36.51% fall compared to ZIM last annual SG&A of $74.10M (Mar 23).

ZIM Integrated Shipping Services EPS Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	2	4	2	2	2	1	1	1	1	2	2	2	2	2
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.48	$3.45	$9.69	$11.11	$14.25	$14.37	$12.53	$7.71	$5.35	$3.11
Avg Forecast	$-0.63	$-0.67	$-0.30	$-0.44	$-0.63	$-0.67	$-0.30	$-0.44	$0.21	$0.45	$1.11	$1.23	$2.27	$6.95	$1.92	$0.98	$-1.53	$-1.73	$-0.92	$-0.22	$2.20	$9.39	$12.81	$12.57	$13.19	$8.99	$6.06	$4.70	$3.72
High Forecast	$-0.63	$-0.67	$-0.30	$-0.44	$-0.63	$-0.67	$-0.30	$-0.44	$0.21	$0.45	$1.11	$1.23	$2.27	$8.98	$1.92	$0.98	$-1.21	$-1.73	$-0.92	$-0.22	$2.20	$9.39	$12.81	$12.57	$13.19	$8.99	$6.06	$4.70	$3.72
Low Forecast	$-0.63	$-0.67	$-0.30	$-0.44	$-0.63	$-0.67	$-0.30	$-0.44	$0.21	$0.45	$1.11	$1.23	$2.27	$4.12	$1.92	$0.98	$-1.85	$-1.73	$-0.92	$-0.22	$2.20	$9.39	$12.81	$12.57	$13.19	$8.99	$6.06	$4.70	$3.72
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.21%	1.56%	1.03%	0.87%	1.13%	1.09%	1.39%	1.27%	1.14%	0.84%

According to 2 Wall Street analysts, ZIM Integrated Shipping Services's projected average Quarter EPS for Mar 23 is $-0.22, with a low estimate of $-0.22 and a high estimate of $-0.22. This represents a -106.28% decrease compared to ZIM previous annual EPS of $3.45 (Dec 22).

ZIM Integrated Shipping Services Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
NMM	Navios Maritime Partners	-	-	55.70%	Buy
GOGL	Golden Ocean Group	-	-	49.69%	Hold
DSX	Diana Shipping	-	-	42.86%	Hold
GSL	Global Ship Lease	-	-	26.91%	Buy
DAC	Danaos	-	-	24.10%	Buy
SBLK	Star Bulk Carriers	-	-	20.68%	Buy
GNK	Genco Shipping & Trading	-	-	17.57%	Buy
ZIM	ZIM Integrated Shipping Services	-	-	-29.72%	Buy

ZIM Forecast FAQ

Is ZIM Integrated Shipping Services a good buy?

Yes, according to 2 Wall Street analysts, ZIM Integrated Shipping Services (ZIM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of ZIM's total ratings.

What is ZIM's price target?

ZIM Integrated Shipping Services (ZIM) average price target is $17.03 with a range of $12.2 to $25, implying a -29.72% from its last price of $24.23. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ZIM Integrated Shipping Services stock go up soon?

According to Wall Street analysts' prediction for ZIM stock, the company can go down by -29.72% (from the last price of $24.23 to the average price target of $17.03), up by 3.18% based on the highest stock price target, and down by -49.65% based on the lowest stock price target.

Can ZIM Integrated Shipping Services stock reach $40?

ZIM's average twelve months analyst stock price target of $17.03 does not support the claim that ZIM Integrated Shipping Services can reach $40 in the near future.

What is ZIM Integrated Shipping Services's current price target trend?

1 Wall Street analyst forecast a $13.9 price target for ZIM Integrated Shipping Services (ZIM) this month, down -42.63% from its last price of $24.23. Compared to the last 3 and 12 months, the average price target decreased by -42.63% and decreased by -35.62%, respectively.

What are ZIM Integrated Shipping Services's analysts' financial forecasts?

ZIM Integrated Shipping Services's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $5.12B (high $5.12B, low $5.12B), average EBITDA is $1.44B (high $1.44B, low $1.44B), average net income is $-246M (high $-246M, low $-246M), average SG&A $178.6M (high $178.6M, low $178.6M), and average EPS is $-2.043 (high $-2.043, low $-2.043). ZIM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $9.21B (high $9.21B, low $9.21B), average EBITDA is $2.59B (high $2.59B, low $2.59B), average net income is $-247M (high $-247M, low $-247M), average SG&A $321.33M (high $321.33M, low $321.33M), and average EPS is $-2.047 (high $-2.047, low $-2.047).

Did the ZIM's actual financial results beat the analysts' financial forecasts?

Based on ZIM Integrated Shipping Services's last annual report (Dec 2022), the company's revenue was $12.56B, beating the average analysts forecast of $12.3B by 2.14%. Apple's EBITDA was $7.66B, beating the average prediction of $4.26B by 79.74%. The company's net income was $4.62B, beating the average estimation of $4.46B by 3.69%. Apple's SG&A was $338.3M, missing the average forecast of $441.37M by -23.35%. Lastly, the company's EPS was $38.49, beating the average prediction of $36.98 by 4.07%. In terms of the last quarterly report (Mar 2023), ZIM Integrated Shipping Services's revenue was $1.37B, missing the average analysts' forecast of $1.59B by -13.34%. The company's EBITDA was $417.7M, missing the average prediction of $446.5M by -6.45%. ZIM Integrated Shipping Services's net income was $-58.1M, beating the average estimation of $-26.117M by 122.46%. The company's SG&A was $74.1M, beating the average forecast of $55.35M by 33.88%. Lastly, the company's EPS was $-0.48, beating the average prediction of $-0.217 by 121.38%