ZTO Express (ZTO) Stock Forecast, Price Target & Predictions

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ZTO Stock Forecast

ZTO Express stock forecast is as follows: an average price target of $24.45 (represents a 22.25% upside from ZTO’s last price of $20.00) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.

ZTO Price Target

The average price target for ZTO Express (ZTO) is $24.45 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $27.70 to $21.20. This represents a potential 22.25% upside from ZTO's last price of $20.00.

ZTO Analyst Ratings

Buy

According to 7 Wall Street analysts, ZTO Express's rating consensus is 'Buy'. The analyst rating breakdown for ZTO stock is 0 'Strong Buy' (0.00%), 6 'Buy' (85.71%), 1 'Hold' (14.29%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

ZTO Express Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Sep 25, 2024	Qianlei Fan	Morgan Stanley	$27.70	$22.27	24.38%	38.50%
Jun 26, 2024	Ellie Jiang	Macquarie	$21.20	$21.18	0.07%	6.00%
Mar 21, 2024	Parash Jain	HSBC	$30.00	$21.67	38.44%	50.00%
Nov 23, 2022		Citigroup	$32.80	$23.05	42.30%	64.00%
Nov 23, 2022	Parash Jain	HSBC	$33.00	$22.29	48.05%	65.00%

The latest ZTO Express stock forecast, released on Sep 25, 2024 by Qianlei Fan from Morgan Stanley, set a price target of $27.70, which represents a 24.38% increase from the stock price at the time of the forecast ($22.27), and a 38.50% increase from ZTO last price ($20.00).

ZTO Express Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	3
Avg Price Target	-	$27.70	$26.30
Last Closing Price	$20.00	$20.00	$20.00
Upside/Downside	-100.00%	38.50%	31.50%

In the current month, the average price target of ZTO Express stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to ZTO Express's last price of $20.00. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 07, 2024	Macquarie	Neutral	Neutral	Hold
Sep 25, 2024	Morgan Stanley	Overweight	Overweight	Hold
Jun 26, 2024	Macquarie		Neutral	Downgrade
Mar 27, 2024	Bank of America Securities	Buy	Buy	Hold
Aug 31, 2023	Bernstein	Outperform	Outperform	Hold
Apr 24, 2023	Goldman Sachs		Buy	Upgrade
Mar 17, 2023	HSBC	Buy	Buy	Hold
Nov 23, 2022	Citigroup	Buy	Buy	Hold

ZTO Express's last stock rating was published by Macquarie on Oct 07, 2024. The company gave ZTO a "Neutral" rating, the same as its previous rate.

ZTO Express Financial Forecast

ZTO Express Revenue Forecast

	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	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.98B	$9.87B	$8.94B	$8.66B	$7.90B	$9.22B	$7.39B	$7.33B	$6.47B	$8.26B	$6.64B	$6.40B	$3.92B	$6.85B	$5.27B
Avg Forecast	$14.39B	$11.73B	$12.38B	$11.47B	$13.34B	$11.08B	$11.49B	$10.76B	$12.08B	$10.37B	$10.75B	$9.31B	$10.87B	$9.84B	$10.21B	$9.16B	$9.98B	$8.71B	$8.43B	$7.81B	$9.65B	$7.76B	$7.63B	$6.13B	$8.24B	$6.24B	$6.38B	$4.50B	$6.72B	$5.35B
High Forecast	$14.75B	$12.02B	$12.68B	$11.75B	$13.67B	$11.35B	$11.77B	$11.12B	$12.28B	$10.63B	$11.02B	$9.54B	$11.13B	$10.08B	$10.46B	$9.38B	$10.22B	$8.71B	$8.43B	$7.81B	$9.65B	$7.76B	$7.63B	$6.13B	$8.24B	$6.24B	$6.38B	$4.50B	$6.72B	$5.35B
Low Forecast	$14.03B	$11.43B	$12.06B	$11.18B	$13.01B	$10.80B	$11.20B	$10.39B	$11.87B	$10.11B	$10.48B	$9.08B	$10.59B	$9.59B	$9.96B	$8.93B	$9.73B	$8.71B	$8.43B	$7.81B	$9.65B	$7.76B	$7.63B	$6.13B	$8.24B	$6.24B	$6.38B	$4.50B	$6.72B	$5.35B
# Analysts	1	1	1	1	1	1	1	2	5	2	1	1	4	2	2	2	1	1	1	1	2	2	2	2	11	8	8	12	7	12
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.98%	0.99%	1.03%	1.03%	1.01%	0.96%	0.95%	0.96%	1.06%	1.00%	1.06%	1.00%	0.87%	1.02%	0.98%

ZTO Express's average Quarter revenue forecast for Jun 23 based on 2 analysts is $10.21B, with a low forecast of $9.96B, and a high forecast of $10.46B. ZTO's average Quarter revenue forecast represents a 13.69% increase compared to the company's last Quarter revenue of $8.98B (Mar 23).

ZTO Express EBITDA Forecast

	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	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	5	2	1	1	4	2	2	2	1	1	1	1	2	2	2	2	11	8	8	12	7	12
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.04B	$2.57B	$2.34B	$2.10B	$1.23B	$2.16B	$1.45B	$1.58B	$698.85M	$1.59B	$1.19B	$1.76B	$504.76M	$2.66B	$1.57B
Avg Forecast	$3.88B	$3.16B	$3.34B	$3.09B	$3.60B	$2.99B	$3.10B	$2.90B	$3.26B	$2.80B	$2.90B	$4.18B	$2.93B	$2.65B	$2.75B	$3.62B	$9.90B	$2.19B	$2.12B	$3.04B	$2.43B	$1.95B	$1.92B	$1.54B	$2.08B	$1.57B	$1.61B	$3.08B	$1.69B	$1.35B
High Forecast	$3.98B	$3.24B	$3.42B	$3.17B	$3.69B	$3.06B	$3.17B	$3.00B	$3.31B	$2.87B	$2.97B	$5.02B	$3.00B	$2.72B	$2.82B	$4.34B	$11.88B	$2.19B	$2.12B	$3.64B	$2.43B	$1.95B	$1.92B	$1.54B	$2.08B	$1.57B	$1.61B	$3.70B	$1.69B	$1.35B
Low Forecast	$3.78B	$3.08B	$3.25B	$3.02B	$3.51B	$2.91B	$3.02B	$2.80B	$3.20B	$2.73B	$2.83B	$3.35B	$2.86B	$2.59B	$2.68B	$2.89B	$7.92B	$2.19B	$2.12B	$2.43B	$2.43B	$1.95B	$1.92B	$1.54B	$2.08B	$1.57B	$1.61B	$2.46B	$1.69B	$1.35B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.56%	0.26%	1.06%	0.99%	0.40%	0.89%	0.74%	0.82%	0.45%	0.77%	0.76%	1.09%	0.16%	1.57%	1.17%

2 analysts predict ZTO's average Quarter EBITDA for Jun 23 to be $2.75B, with a high of $2.82B and a low of $2.68B. This is 34.85% upper than ZTO Express's previous annual EBITDA (Mar 23) of $2.04B.

ZTO Express Net Income Forecast

	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	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	5	2	1	1	4	2	2	2	1	1	1	1	2	2	2	2	11	8	8	12	7	12
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.67B	$2.16B	$1.93B	$1.81B	$906.27M	$1.73B	$1.17B	$1.29B	$533.63M	$1.29B	$1.20B	$1.45B	$374.70M	$2.33B	$1.31B
Avg Forecast	$3.37B	$2.91B	$3.15B	$2.99B	$3.08B	$2.70B	$2.90B	$2.77B	$2.72B	$2.38B	$2.62B	$3.10B	$2.25B	$2.31B	$2.35B	$2.68B	$7.38B	$1.54B	$1.53B	$2.25B	$1.73B	$1.23B	$7.99B	$573.68M	$1.49B	$1.25B	$1.57B	$2.29B	$1.63B	$1.27B
High Forecast	$3.48B	$3.00B	$3.25B	$3.09B	$3.18B	$2.79B	$3.00B	$3.17B	$2.97B	$2.46B	$2.64B	$3.73B	$2.32B	$2.31B	$2.42B	$3.22B	$8.86B	$1.54B	$1.53B	$2.71B	$1.73B	$1.23B	$9.59B	$573.68M	$1.49B	$1.25B	$1.57B	$2.74B	$1.63B	$1.27B
Low Forecast	$3.26B	$2.81B	$3.05B	$2.89B	$2.98B	$2.61B	$2.81B	$2.38B	$2.59B	$2.30B	$2.61B	$2.48B	$2.18B	$2.31B	$2.27B	$2.15B	$5.90B	$1.54B	$1.53B	$1.80B	$1.73B	$1.23B	$6.39B	$573.68M	$1.49B	$1.25B	$1.57B	$1.83B	$1.63B	$1.27B
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.62%	0.29%	1.25%	1.18%	0.40%	1.00%	0.95%	0.16%	0.93%	0.86%	0.96%	0.92%	0.16%	1.43%	1.03%

ZTO Express's average Quarter net income forecast for Jun 23 is $2.35B, with a range of $2.27B to $2.42B. ZTO's average Quarter net income forecast represents a 40.60% increase compared to the company's last Quarter net income of $1.67B (Mar 23).

ZTO Express SG&A Forecast

	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	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	5	2	1	1	4	2	2	2	1	1	1	1	2	2	2	2	11	8	8	12	7	12
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$786.61M	$560.86M	$441.41M	$456.91M	$618.20M	$472.28M	$389.36M	$394.01M	$620.22M	$417.57M	$373.67M	$312.42M	$560.05M	$392.21M	$290.89M
Avg Forecast	$919.66M	$749.30M	$790.73M	$733.01M	$852.41M	$707.69M	$734.00M	$687.17M	$771.81M	$662.70M	$687.07M	$4.64B	$694.31M	$628.84M	$652.53M	$4.01B	$1.96B	$556.78M	$538.75M	$3.37B	$616.39M	$495.55M	$2.44B	$391.78M	$526.59M	$398.73M	$407.32M	$3.42B	$429.58M	$341.88M
High Forecast	$942.22M	$767.69M	$810.12M	$750.99M	$873.32M	$725.05M	$752.01M	$710.32M	$784.60M	$678.96M	$703.93M	$5.57B	$711.35M	$644.27M	$668.54M	$4.81B	$2.36B	$556.78M	$538.75M	$4.04B	$616.39M	$495.55M	$2.92B	$391.78M	$526.59M	$398.73M	$407.32M	$4.10B	$429.58M	$341.88M
Low Forecast	$896.52M	$730.46M	$770.84M	$714.57M	$830.96M	$689.89M	$715.54M	$664.01M	$758.12M	$646.03M	$669.79M	$3.71B	$676.85M	$613.02M	$636.11M	$3.21B	$1.57B	$556.78M	$538.75M	$2.70B	$616.39M	$495.55M	$1.95B	$391.78M	$526.59M	$398.73M	$407.32M	$2.73B	$429.58M	$341.88M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.20%	0.29%	0.79%	0.85%	0.18%	0.77%	0.79%	0.16%	1.58%	0.79%	0.94%	0.77%	0.16%	0.91%	0.85%

ZTO Express's average Quarter SG&A projection for Jun 23 is $652.53M, based on 2 Wall Street analysts, with a range of $636.11M to $668.54M. The forecast indicates a -17.05% fall compared to ZTO last annual SG&A of $786.61M (Mar 23).

ZTO Express EPS Forecast

	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	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19
# Analysts	1	1	1	1	1	1	1	2	5	2	1	1	4	2	2	2	1	1	1	1	2	2	2	2	11	8	8	12	7	12
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$2.07	$2.67	$2.39	$2.23	$1.12	$2.14	$1.43	$1.56	$0.64	$1.55	$1.53	$1.85	$0.48	$2.98	$1.67
Avg Forecast	$4.02	$3.46	$3.75	$3.56	$3.67	$3.22	$3.46	$3.30	$3.24	$2.84	$3.12	$2.27	$2.68	$2.75	$2.80	$1.79	$2.57	$1.84	$1.82	$1.35	$2.06	$1.46	$1.49	$0.68	$1.77	$1.49	$1.87	$0.66	$1.94	$1.51
High Forecast	$4.14	$3.57	$3.87	$3.68	$3.79	$3.32	$3.57	$3.77	$3.54	$2.93	$3.14	$2.34	$2.76	$2.75	$2.89	$1.85	$2.65	$1.84	$1.82	$1.35	$2.06	$1.46	$1.49	$0.68	$1.77	$1.49	$1.87	$0.66	$1.94	$1.51
Low Forecast	$3.88	$3.35	$3.63	$3.45	$3.55	$3.11	$3.35	$2.83	$3.09	$2.74	$3.10	$2.19	$2.59	$2.75	$2.71	$1.74	$2.49	$1.84	$1.82	$1.35	$2.06	$1.46	$1.49	$0.68	$1.77	$1.49	$1.87	$0.66	$1.94	$1.51
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.15%	1.04%	1.30%	1.22%	0.83%	1.04%	0.98%	1.04%	0.94%	0.87%	1.03%	0.99%	0.72%	1.54%	1.10%

According to 2 Wall Street analysts, ZTO Express's projected average Quarter EPS for Jun 23 is $2.80, with a low estimate of $2.71 and a high estimate of $2.89. This represents a 35.11% increase compared to ZTO previous annual EPS of $2.07 (Mar 23).

ZTO Express Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EXPD	Expeditors of Washington	$115.92	$195.67	68.80%	Hold
ZTO	ZTO Express	$20.05	$24.45	21.95%	Buy
FWRD	Forward Air	$32.09	$37.67	17.39%	Buy
CHRW	C.H. Robinson Worldwide	$108.88	$108.89	0.01%	Buy
JBHT	J.B. Hunt Transport Services	$177.31	$175.20	-1.19%	Buy
LSTR	Landstar System	$179.41	$164.67	-8.22%	Hold
HUBG	Hub Group	$48.06	$43.75	-8.97%	Hold

ZTO Forecast FAQ

Is ZTO Express a good buy?

Yes, according to 7 Wall Street analysts, ZTO Express (ZTO) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 85.71% of ZTO's total ratings.

What is ZTO's price target?

ZTO Express (ZTO) average price target is $24.45 with a range of $21.2 to $27.7, implying a 22.25% from its last price of $20. The data is based on 7 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will ZTO Express stock go up soon?

According to Wall Street analysts' prediction for ZTO stock, the company can go up by 22.25% (from the last price of $20 to the average price target of $24.45), up by 38.50% based on the highest stock price target, and up by 6.00% based on the lowest stock price target.

Can ZTO Express stock reach $30?

ZTO's average twelve months analyst stock price target of $24.45 does not support the claim that ZTO Express can reach $30 in the near future.

What are ZTO Express's analysts' financial forecasts?

ZTO Express's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $46.66B (high $47.9B, low $45.4B), average EBITDA is $12.58B (high $12.92B, low $12.24B), average net income is $11.46B (high $12.13B, low $10.78B), average SG&A $2.98B (high $3.06B, low $2.9B), and average EPS is $13.65 (high $14.45, low $12.84). ZTO's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $49.97B (high $51.2B, low $48.71B), average EBITDA is $13.48B (high $13.81B, low $13.14B), average net income is $12.42B (high $12.82B, low $12.01B), average SG&A $3.19B (high $3.27B, low $3.11B), and average EPS is $14.79 (high $15.26, low $14.31).

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

Based on ZTO Express's last annual report (Dec 2022), the company's revenue was $35.38B, beating the average analysts forecast of $34.93B by 1.27%. Apple's EBITDA was $8.24B, missing the average prediction of $17.25B by -52.24%. The company's net income was $6.81B, missing the average estimation of $12.71B by -46.44%. Apple's SG&A was $2.08B, missing the average forecast of $6.43B by -67.69%. Lastly, the company's EPS was $8.55, beating the average prediction of $7.59 by 12.72%. In terms of the last quarterly report (Mar 2023), ZTO Express's revenue was $8.98B, missing the average analysts' forecast of $9.16B by -1.92%. The company's EBITDA was $2.04B, missing the average prediction of $3.62B by -43.51%. ZTO Express's net income was $1.67B, missing the average estimation of $2.68B by -37.76%. The company's SG&A was $786.61M, missing the average forecast of $4.01B by -80.39%. Lastly, the company's EPS was $2.07, beating the average prediction of $1.79 by 15.34%