Goldman Sachs Raises Price Target for ZTO Express-W to HK$203, Boosts Adjusted Net Profit Forecast

Stock News

Mar 19

Goldman Sachs has issued a research report indicating that ZTO EXPRESS-W's adjusted net profit for the fourth quarter of 2025 was largely in line with expectations, with parcel volume increasing by 9% year-on-year. The company also provided optimistic guidance for parcel volume in 2026 and enhanced its commitment to shareholder returns. The firm maintained its "Buy" rating on ZTO Express. The price target for ZTO EXPRESS-W's Hong Kong shares was raised from HK$179 to HK$203, while the target for ZTO Express Inc.'s US shares was increased from $23 to $26. Goldman Sachs now estimates that adjusted net profit will grow by 11% year-on-year in the first quarter of 2026 and has raised its full-year adjusted net profit growth forecast from 13% to 15%. Additionally, the bank increased its revenue and adjusted net profit forecasts for 2026 to 2027 by approximately 3%.

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The company also provided optimistic guidance for parcel volume in 2026 and enhanced its commitment to shareholder returns. The firm maintained its \"Buy\" rating on ZTO Express. The price target for ZTO EXPRESS-W's Hong Kong shares was raised from HK$179 to HK$203, while the target for ZTO Express Inc.'s US shares was increased from $23 to $26. Goldman Sachs now estimates that adjusted net profit will grow by 11% year-on-year in the first quarter of 2026 and has raised its full-year adjusted net profit growth forecast from 13% to 15%. Additionally, the bank increased its revenue and adjusted net profit forecasts for 2026 to 2027 by approximately 3%.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Goldman Sachs Raises Price Target for ZTO Express-W to HK$203, Boosts Adjusted Net Profit Forecast</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGoldman Sachs Raises Price Target for ZTO Express-W to HK$203, Boosts Adjusted Net Profit Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-03-19 13:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Goldman Sachs has issued a research report indicating that ZTO EXPRESS-W's adjusted net profit for the fourth quarter of 2025 was largely in line with expectations, with parcel volume increasing by 9% year-on-year. The company also provided optimistic guidance for parcel volume in 2026 and enhanced its commitment to shareholder returns. The firm maintained its \"Buy\" rating on ZTO Express. The price target for ZTO EXPRESS-W's Hong Kong shares was raised from HK$179 to HK$203, while the target for ZTO Express Inc.'s US shares was increased from $23 to $26. Goldman Sachs now estimates that adjusted net profit will grow by 11% year-on-year in the first quarter of 2026 and has raised its full-year adjusted net profit growth forecast from 13% to 15%. Additionally, the bank increased its revenue and adjusted net profit forecasts for 2026 to 2027 by approximately 3%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1588","symbol_name":"回港中概股","start_time":0,"source_url":"","article_id":"1184826772","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184826772","pubTimestamp":1773899779,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Goldman Sachs has issued a research report indicating that ZTO EXPRESS-W's adjusted net profit for the fourth quarter of 2025 was largely in line with expectations, with parcel volume increasing by...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1588":"回港中概股","IE00B5MMRT66.SGD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (SGDHDG) ACC","IE0031814852.USD":"FSSA GREATER CHINA GROWTH \"I\" (USD) ACC","BK1575":"同股不同权","LU0417516902.SGD":"Allianz China Equity Cl AT Acc SGD","BK1502":"双十一","BK4526":"热门中概股","BK4585":"ETF&股票定投概念","BK4503":"景林资产持仓","IE00BPRC5H50.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) INC","IE00B29SXG58.USD":"FSSA CHINA FOCUS \"I\" (USD) ACC","BK4502":"阿里概念","BK4558":"双十一","BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","BK1541":"物流","IE00B543WZ88.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) ACC","02057":"中通快递-W","BK4588":"碎股","BK1151":"航空货运与物流","BK4131":"航空货运与物流","ZTO":"中通快递","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC"},"translate_title":"高盛上调中通快递-W目标价至203港元上调调整后净利润预测","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ZTO":1,"02057":1},"content_text":"Goldman Sachs has issued a research report indicating that ZTO EXPRESS-W's adjusted net profit for the fourth quarter of 2025 was largely in line with expectations, with parcel volume increasing by 9% year-on-year. The company also provided optimistic guidance for parcel volume in 2026 and enhanced its commitment to shareholder returns. The firm maintained its \"Buy\" rating on ZTO Express. The price target for ZTO EXPRESS-W's Hong Kong shares was raised from HK$179 to HK$203, while the target for ZTO Express Inc.'s US shares was increased from $23 to $26. Goldman Sachs now estimates that adjusted net profit will grow by 11% year-on-year in the first quarter of 2026 and has raised its full-year adjusted net profit growth forecast from 13% to 15%. Additionally, the bank increased its revenue and adjusted net profit forecasts for 2026 to 2027 by approximately 3%.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}