Ermenegildo Zegna (NYSE:ZGN) Stock Price Target Raised at TD Cowen

Ermenegildo Zegna (NYSE:ZGN) had its price objective boosted by analysts at TD Cowen from $15.00 to $16.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen‘s price objective would suggest a potential upside of 17.42% from the company’s current price.

ZGN has been the topic of a number of other research reports. Morgan Stanley set a $13.00 price objective on Ermenegildo Zegna in a research report on Monday, September 7th. BNP Paribas Exane cut Ermenegildo Zegna from a “neutral” rating to an “underperform” rating and set a $12.20 price target on the stock. in a report on Tuesday, August 11th. JPMorgan Chase & Co. lifted their price target on Ermenegildo Zegna from $12.50 to $14.00 and gave the company an “overweight” rating in a research report on Tuesday, June 30th. HSBC began coverage on Ermenegildo Zegna in a report on Tuesday, October 6th. They set a “buy” rating and a $16.00 price objective for the company. Finally, Wall Street Zen downgraded shares of Ermenegildo Zegna from a “buy” rating to a “hold” rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Ermenegildo Zegna presently has a consensus rating of “Moderate Buy” and an average target price of $13.87.

Ermenegildo Zegna Trading Down 1.6%

ZGN stock opened at $13.63 on Friday. Ermenegildo Zegna has a twelve month low of $8.65 and a twelve month high of $15.95. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 0.12. The stock has a 50-day simple moving average of $12.78 and a two-hundred day simple moving average of $13.18.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ZGN. Amundi purchased a new stake in Ermenegildo Zegna in the first quarter worth $10,686,000. Walleye Capital LLC raised its holdings in Ermenegildo Zegna by 1,938.7% in the first quarter. Walleye Capital LLC now owns 665,851 shares of the company’s stock worth $6,938,000 after buying an additional 633,191 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Ermenegildo Zegna by 483.2% during the first quarter. Bank of America Corp DE now owns 583,360 shares of the company’s stock valued at $6,079,000 after buying an additional 483,332 shares during the last quarter. Osborne Partners Capital Management LLC raised its holdings in Ermenegildo Zegna by 34.8% in the 1st quarter. Osborne Partners Capital Management LLC now owns 942,458 shares of the company’s stock worth $9,820,000 after acquiring an additional 243,137 shares during the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. boosted its stake in Ermenegildo Zegna by 82.3% during the 1st quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. now owns 354,608 shares of the company’s stock valued at $3,695,000 after purchasing an additional 160,078 shares during the last quarter. 12.91% of the stock is currently owned by institutional investors.

Key Stories Impacting Ermenegildo Zegna

Here are the key news stories impacting Ermenegildo Zegna this week:

• Positive Sentiment: Third-quarter revenue increased 8.9% year over year to €433.8 million, or 8.2% on an organic basis. Revenue for the first nine months rose 7.2% to €1.42 billion, with organic growth of 8.9%. Ermenegildo Zegna Group Q3 2026 Revenues
• Positive Sentiment: The direct-to-consumer channel remained a major growth driver, increasing 13% year over year. Greater exposure to directly operated stores and e-commerce can support brand control and potentially improve the company’s mix over time. Zegna Q3 Revenue Rises on DTC Strength
• Positive Sentiment: Growth was described as broad-based across regions, with particularly strong contributions from the Americas and China. The flagship Zegna brand also posted double-digit growth, reinforcing momentum in the group’s core luxury business. Zegna Q3 Revenues Boosted by Americas and China Growth
• Neutral Sentiment: The reports focus on unaudited revenue performance and do not provide detailed third-quarter profit, margin, or cash-flow figures. Investors will likely look to the sales call and subsequent results for evidence that revenue growth is translating into earnings growth. ZGN Q3 2026 Sales Trading Call Transcript

Ermenegildo Zegna Company Profile

Ermenegildo Zegna N.V. is a global luxury-goods group specializing in menswear, accessories and related lifestyle products. Its portfolio includes the Zegna brand, known for tailored clothing, ready-to-wear apparel, footwear, leather goods and fabrics, as well as Thom Browne, a luxury fashion brand offering menswear, womenswear, accessories and footwear.

The company also operates the TOM FORD FASHION business, which includes luxury apparel, accessories and footwear under the TOM FORD brand.