ZIM Integrated Shipping Services (ZIM) Stock Forecast, Price Target & Predictions
ZIM Stock Forecast
ZIM Integrated Shipping Services stock forecast is as follows: an average price target of $16.57 (represents a -15.89% downside from ZIM’s last price of $19.70) 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 $16.57 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 -15.89% downside from ZIM's last price of $19.70.
ZIM Analyst Ratings
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 |
|---|---|---|---|---|---|---|
| Aug 20, 2024 | Omar Nokta | Jefferies | $25.00 | $22.25 | 12.36% | 26.90% |
| Jul 30, 2024 | Muneeba Kayani | Bank of America Securities | $12.20 | $18.79 | -35.07% | -38.07% |
| Jul 08, 2024 | Marco Limite | Barclays | $12.50 | $22.11 | -43.46% | -36.55% |
| May 28, 2024 | Marco Limite | Barclays | $10.00 | $21.04 | -52.47% | -49.24% |
| Jan 29, 2024 | Omar Nokta | Jefferies | $20.00 | $14.45 | 38.41% | 1.52% |
| Feb 07, 2023 | - | Jefferies | $20.00 | $22.25 | -10.11% | 1.52% |
| Dec 13, 2022 | - | Jefferies | $21.00 | $17.94 | 17.06% | 6.60% |
| Aug 19, 2022 | - | Barclays | $63.00 | $51.46 | 22.43% | 219.80% |
| May 18, 2022 | - | Jefferies | $100.00 | $61.48 | 62.67% | 407.61% |
| Mar 13, 2022 | Randy Giveans | Jefferies | $120.00 | $78.81 | 52.26% | 509.14% |
The latest ZIM Integrated Shipping Services stock forecast, released on Aug 20, 2024 by Omar Nokta from Jefferies, set a price target of $25.00, which represents a 12.36% increase from the stock price at the time of the forecast ($22.25), and a 26.90% increase from ZIM last price ($19.70).
ZIM Integrated Shipping Services Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 5 |
| Avg Price Target | $25.00 | $16.57 | $15.94 |
| Last Closing Price | $19.70 | $19.70 | $19.70 |
| Upside/Downside | 26.90% | -15.89% | -19.09% |
In the current month, the average price target of ZIM Integrated Shipping Services stock is $25.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 26.90% increase as opposed to ZIM Integrated Shipping Services's last price of $19.70. This month's average price target is up 50.88% compared to last quarter, and up 56.84% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 10, 2024 | Barclays | Underperform | Underperform | Hold |
| Sep 10, 2024 | Jefferies | Buy | Buy | Hold |
| Aug 20, 2024 | Citigroup | Underperform | Underperform | Hold |
| Aug 20, 2024 | Jefferies | Buy | Buy | Hold |
| Jul 30, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Jul 08, 2024 | Barclays | Underweight | Underweight | Hold |
| Jun 06, 2024 | Citigroup | Buy | Sell | Downgrade |
| May 28, 2024 | Barclays | Underweight | Underweight | Hold |
| May 23, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| May 22, 2024 | Jefferies | Buy | Buy | Hold |
ZIM Integrated Shipping Services's last stock rating was published by Barclays on Sep 10, 2024. The company gave ZIM a "Underperform" 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 | $1.60B | $1.51B | $1.75B | $2.29B | $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 | $2.52B | $2.48B | $2.45B | $2.41B | $1.40B | $1.42B | $1.41B | $1.25B | $1.61B | $1.69B | $1.71B | $1.61B | $1.87B | $2.41B | $1.91B | $1.61B | $1.21B | $1.38B | $1.44B | $1.70B | $2.05B | $3.43B | $3.69B | $4.25B | $4.10B | $3.36B | $2.32B | $1.97B | $1.53B |
| Low Forecast | $1.99B | $1.96B | $1.93B | $1.91B | $1.11B | $1.12B | $1.11B | $989.84M | $1.27B | $1.34B | $1.35B | $1.27B | $1.48B | $2.17B | $1.51B | $1.27B | $1.18B | $1.09B | $1.14B | $1.34B | $1.62B | $2.71B | $3.69B | $2.92B | $2.82B | $2.31B | $1.60B | $1.35B | $1.05B |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 5 |
| 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 $1.14B, and a high forecast of $1.44B. 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 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $417.70M | $633.30M | $1.96B | $2.13B | $2.55B | $2.37B | $2.08B | $1.33B | $815.05M | $387.95M |
| Avg Forecast | $843.07M | $831.37M | $819.83M | $808.45M | $468.36M | $476.06M | $471.83M | $419.48M | $538.78M | $566.76M | $573.22M | $540.22M | $627.56M | $820.29M | $638.51M | $538.46M | $430.25M | $462.00M | $483.59M | $568.89M | $687.83M | $1.15B | $1.32B | $1.25B | $1.21B | $1.43B | $942.03M | $733.55M | $451.69M |
| High Forecast | $903.28M | $890.75M | $878.38M | $866.19M | $501.81M | $510.06M | $505.52M | $449.44M | $577.26M | $607.24M | $614.16M | $578.80M | $672.39M | $865.03M | $684.12M | $576.92M | $433.74M | $495.00M | $518.13M | $609.52M | $736.95M | $1.23B | $1.32B | $1.52B | $1.47B | $1.71B | $1.13B | $880.26M | $549.82M |
| Low Forecast | $713.60M | $703.70M | $693.93M | $684.30M | $396.44M | $402.95M | $399.37M | $355.07M | $456.04M | $479.73M | $485.19M | $457.26M | $531.19M | $779.27M | $540.46M | $455.77M | $423.25M | $391.05M | $409.33M | $481.53M | $582.20M | $973.31M | $1.32B | $1.05B | $1.01B | $1.14B | $753.63M | $586.84M | $378.33M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.73% | 0.92% | 1.70% | 1.61% | 2.04% | 1.96% | 1.46% | 1.41% | 1.11% | 0.86% |
2 analysts predict ZIM's average Quarter EBITDA for Jun 23 to be $483.59M, with a high of $518.13M and a low of $409.33M. This is 15.77% upper 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 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-58.10M | $414.20M | $1.16B | $1.33B | $1.71B | $1.71B | $1.46B | $886.46M | $587.60M | $365.05M |
| Avg Forecast | $-64.08M | $-77.92M | $-13.53M | $-36.85M | $-70.98M | $-84.05M | $-22.43M | $-44.41M | $-31.39M | $-12.22M | $21.83M | $-17.73M | $228.50M | $699.09M | $231.14M | $118.09M | $-184.00M | $-207.79M | $-110.62M | $-26.12M | $265.60M | $1.13B | $1.54B | $1.51B | $1.59B | $1.00B | $627.19M | $528.84M | $446.91M |
| High Forecast | $-51.29M | $-62.37M | $-10.83M | $-29.49M | $-56.81M | $-67.27M | $-17.95M | $-35.55M | $-25.13M | $-9.78M | $23.86M | $-14.19M | $249.71M | $878.64M | $252.60M | $129.06M | $-145.27M | $-166.31M | $-88.54M | $-20.90M | $290.26M | $1.24B | $1.54B | $1.94B | $2.03B | $1.20B | $752.63M | $634.61M | $573.13M |
| Low Forecast | $-70.03M | $-85.16M | $-14.78M | $-40.27M | $-77.58M | $-91.86M | $-24.51M | $-48.54M | $-34.31M | $-13.35M | $17.47M | $-19.37M | $182.88M | $467.34M | $185.00M | $94.52M | $-222.74M | $-227.08M | $-120.89M | $-28.54M | $212.58M | $905.73M | $1.54B | $1.19B | $1.25B | $801.18M | $501.76M | $423.07M | $352.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.22% | 1.56% | 1.03% | 0.86% | 1.13% | 1.08% | 1.46% | 1.41% | 1.11% | 0.82% |
ZIM Integrated Shipping Services's average Quarter net income forecast for Mar 23 is $-26.12M, with a range of $-28.54M to $-20.90M. 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 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $74.10M | $94.30M | $82.00M | $84.90M | $77.10M | $45.78M | $60.38M | $67.64M | $55.90M | $796.14M |
| Avg Forecast | $84.78M | $83.61M | $82.45M | $81.30M | $47.10M | $47.87M | $47.45M | $42.18M | $54.18M | $57.00M | $57.64M | $54.33M | $63.11M | $82.49M | $64.21M | $54.15M | $43.27M | $46.46M | $48.63M | $57.21M | $69.17M | $115.64M | $132.96M | $125.86M | $121.39M | $41.38M | $47.86M | $50.31M | $45.42M |
| High Forecast | $90.84M | $89.58M | $88.33M | $87.11M | $50.46M | $51.29M | $50.84M | $45.20M | $58.05M | $61.07M | $61.76M | $58.21M | $67.62M | $86.99M | $68.80M | $58.02M | $43.62M | $49.78M | $52.10M | $61.30M | $74.11M | $123.90M | $132.96M | $153.20M | $147.76M | $49.66M | $57.43M | $60.37M | $55.29M |
| Low Forecast | $71.76M | $70.77M | $69.78M | $68.82M | $39.87M | $40.52M | $40.16M | $35.71M | $45.86M | $48.24M | $48.79M | $45.98M | $53.42M | $78.37M | $54.35M | $45.83M | $42.56M | $39.33M | $41.16M | $48.42M | $58.55M | $97.88M | $132.96M | $105.42M | $101.68M | $33.11M | $38.28M | $40.25M | $38.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.30% | 1.36% | 0.71% | 0.64% | 0.61% | 0.38% | 1.46% | 1.41% | 1.11% | 17.53% |
ZIM Integrated Shipping Services's average Quarter SG&A projection for Jun 23 is $48.63M, based on 2 Wall Street analysts, with a range of $41.16M to $52.10M. The forecast indicates a -34.37% 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 | 3 | 1 | 2 | 4 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.48 | $3.45 | $9.69 | $11.11 | $14.25 | $14.37 | $12.53 | $7.71 | $5.35 | $3.11 |
| Avg Forecast | $-0.53 | $-0.65 | $-0.11 | $-0.31 | $-0.59 | $-0.70 | $-0.19 | $-0.37 | $-0.26 | $-0.10 | $0.18 | $-0.15 | $1.90 | $5.80 | $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 | $-0.43 | $-0.52 | $-0.09 | $-0.24 | $-0.47 | $-0.56 | $-0.15 | $-0.30 | $-0.21 | $-0.08 | $0.20 | $-0.12 | $2.07 | $7.29 | $2.10 | $1.07 | $-1.21 | $-1.38 | $-0.74 | $-0.17 | $2.41 | $10.27 | $12.81 | $16.13 | $16.92 | $11.54 | $7.77 | $6.02 | $4.77 |
| Low Forecast | $-0.58 | $-0.71 | $-0.12 | $-0.33 | $-0.64 | $-0.76 | $-0.20 | $-0.40 | $-0.28 | $-0.11 | $0.15 | $-0.16 | $1.52 | $3.88 | $1.54 | $0.78 | $-1.85 | $-1.89 | $-1.00 | $-0.24 | $1.76 | $7.52 | $12.81 | $9.92 | $10.41 | $7.10 | $4.78 | $3.71 | $2.93 |
| 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 $-0.24 and a high estimate of $-0.17. 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 |
|---|---|---|---|---|---|
| GOGL | Golden Ocean Group | $11.93 | $16.75 | 40.40% | Hold |
| DAC | Danaos | $79.90 | $105.00 | 31.41% | Buy |
| SBLK | Star Bulk Carriers | $21.08 | $27.33 | 29.65% | Buy |
| DSX | Diana Shipping | $2.37 | $3.00 | 26.58% | Hold |
| GSL | Global Ship Lease | $24.23 | $29.00 | 19.69% | Buy |
| GNK | Genco Shipping & Trading | $17.48 | $20.67 | 18.25% | Buy |
| ZIM | ZIM Integrated Shipping Services | $19.70 | $16.57 | -15.89% | 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 $16.57 with a range of $12.2 to $25, implying a -15.89% from its last price of $19.7. 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 -15.89% (from the last price of $19.7 to the average price target of $16.57), up by 26.90% based on the highest stock price target, and down by -38.07% based on the lowest stock price target.
Can ZIM Integrated Shipping Services stock reach $30?
ZIM's average twelve months analyst stock price target of $16.57 does not support the claim that ZIM Integrated Shipping Services can reach $30 in the near future.
What is ZIM Integrated Shipping Services's current price target trend?
1 Wall Street analyst forecast a $25 price target for ZIM Integrated Shipping Services (ZIM) this month, up 26.90% from its last price of $19.7. Compared to the last 3 and 12 months, the average price target decreased by -15.89% and decreased by -19.09%, 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 $5.48B, low $4.33B), average EBITDA is $1.84B (high $1.97B, low $1.55B), average net income is $-222M (high $-178M, low $-242M), average SG&A $184.61M (high $197.79M, low $156.26M), and average EPS is $-1.842 (high $-1.474, low $-2.013). ZIM's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $9.21B (high $9.86B, low $7.79B), average EBITDA is $3.3B (high $3.54B, low $2.8B), average net income is $-192M (high $-154M, low $-210M), average SG&A $332.13M (high $355.85M, low $281.13M), and average EPS is $-1.597 (high $-1.278, low $-1.745).
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 $4.41B by 73.71%. The company's net income was $4.62B, beating the average estimation of $4.45B by 3.75%. Apple's SG&A was $338.3M, missing the average forecast of $443.62M by -23.74%. 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 $568.89M by -26.58%. 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 $57.21M by 29.52%. Lastly, the company's EPS was $-0.48, beating the average prediction of $-0.217 by 121.38%