Is Zalando stock undervalued right now?

Zalando stock looks inexpensive on price to sales near 0.57, but its P/E around 26 is not cheap for low single-digit margins. The setup likely needs better profit visibility. A sustained margin lift or faster growth would support higher multiples. Until then, valuation appears mixed rather than clearly cheap.

What does Bernstein’s €23 price target imply?

Bernstein reiterated Underperform with a €23 target, which focuses attention on that level as potential support. It signals skepticism on near-term upside without stronger fundamentals. If price holds above €23 and retakes short-term averages with volume, sentiment could improve. A decisive break below €23 would likely keep pressure on shares.

Which technical levels matter most for Zalando shares?

Key levels are the 20‑day average near €24.2, resistance around €25 to €26, and the 200‑day near €27. On the downside, watch €23 and the lower Bollinger band near €22.5. A close back above the 20‑day with higher volume would be an early constructive signal for Zalando stock.

When is Zalando’s next earnings date?

Zalando’s next scheduled earnings date is 26 February 2026. We will look for updates on active customers, order frequency, marketing efficiency, logistics costs, and guidance. Clear progress on margins and cash generation would be key drivers for the next move in Zalando stock over the following quarters.

Global Market Insights

ZAL.DE Stock Today, January 8: Underperform at Bernstein, 20‑Day Slip

ByHuzaifa Zahoor January 8, 2026January 8, 2026

Zalando stock is under pressure today, slipping below its 20‑day moving average while Bernstein kept an Underperform rating and a €23 price target. For German investors, the €23 area now matters as a sentiment marker after about a 23% one‑year drawdown. With thin margins and mixed momentum, we think clarity will come from price action around short-term averages and the next earnings update. Ticker ZAL.DE remains a closely watched DAX 40 e‑commerce name in Berlin.