# ZTO Express (ZTO) — Analyst Forecast

ZTO · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/zto/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 13 | 3 | 1 | 17 |

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Oct 15, 2026 | Goldman Sachs | Downgraded | Buy → Neutral | $22.00 |
| Sep 3, 2026 | JP Morgan | Downgraded | Overweight → Neutral | $22.00 |
| Apr 13, 2026 | JP Morgan | Maintained | Overweight | $29.00 |
| Aug 20, 2025 | B of A Securities | Maintained | Neutral | $22.00 |
| May 29, 2025 | JP Morgan | Upgraded | Neutral → Overweight | $21.00 |
| May 22, 2025 | B of A Securities | Downgraded | Buy → Neutral | $19.00 |
| May 22, 2025 | Citigroup | Maintained | Buy | $22.60 |
| Apr 14, 2025 | HSBC | Upgraded | Hold → Buy | $22.00 |
| Mar 20, 2025 | JP Morgan | Downgraded | Overweight → Neutral | $23.00 |
| Jan 21, 2025 | HSBC | Downgraded | Buy → Hold | $20.00 |
| Oct 30, 2024 | JP Morgan | Maintained | Overweight | $30.00 |
| Jun 26, 2024 | Macquarie | Downgraded | Outperform → Neutral | $21.20 |
| Jun 17, 2024 | B of A Securities | Maintained | Buy | $26.90 |
| Mar 21, 2024 | B of A Securities | Upgraded | Neutral → Buy | $29.00 |
| Mar 21, 2024 | JP Morgan | Maintained | Overweight | $30.00 |
| Mar 21, 2024 | HSBC | Maintained | Buy | $30.00 |
| Nov 7, 2023 | B of A Securities | Downgraded | Buy → Neutral | $28.00 |
| Aug 31, 2023 | Bernstein | Maintained | Outperform | $31.00 |
| May 19, 2023 | B of A Securities | Maintained | Buy | $39.00 |

## Frequently Asked Questions

### Is ZTO a buy, sell, or hold?

Analysts covering ZTO Express currently average a Buy rating: 13 buy, 3 hold and 1 sell, from 17 analysts. Ratings reflect analyst opinion, not investment advice.

### What is the latest analyst rating on ZTO?

On Oct 15, 2026, Goldman Sachs downgraded ZTO Express to Neutral with a price target of $22.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).