28.04.2025

Zalando Stock Receives New “Buy” Rating: Opportunities and Risks

Zalando Stock Receives “Buy” Rating from Warburg Research

Warburg Research rated Zalando stock on April 28, 2025, with a “Buy” rating and a price target of 47 euros. This assessment comes ahead of the release of the quarterly figures for the first quarter and underscores confidence in Zalando’s strategic positioning in the e-commerce sector.

Key Evaluation Criteria

  • Price Target: The current price target is 47 euros. Previous estimates from other analysts range between 29 euros (JPMorgan, “Neutral”) and 44 euros (Berenberg, “Buy”).
  • Market Capitalization: Zalando is valued at around 8.95 billion euros, and the price-to-earnings ratio (P/E) is 33.42.
  • Leverage Products: Speculative investors have access to knockout products with leverage ranging from 2 to 20 to benefit more significantly from price movements.

Context of Industry Development

The e-commerce sector continues to be in growth mode despite challenges from changing consumer patterns and strong competition. The positive assessment from Warburg Research particularly reflects:

  • Long-term Potential: Despite a short-term volatility of -9.34% since the beginning of 2025, the analysis firm sees opportunities in Zalando’s platform strategy and international expansion.
  • Risk Factors: These include margin pressure from rising logistics costs and macroeconomic uncertainties that could affect growth potential.

For private investors, the assessment offers a clear recommendation to act (“Buy”) with a focus on medium- to long-term value development. Alternative assessments, such as the neutral rating from JPMorgan, and the risks of leverage products should be taken into consideration.