Today's Trend
Zions Bancorporation, N.A. (NASDAQ: ZION) has been trading near its 52-week high, but recent analyst updates provide a mixed outlook. The main positive is an upward revision to 2026 earnings, while several later-period estimates were reduced and the reported price target suggests limited near-term upside.
- FY2026 earnings estimate raised: Zacks Research increased its 2026 EPS forecast to $6.51 from $6.31. It also raised Q4 2026 EPS to $1.62 from $1.60, Q1 2027 to $1.55 from $1.53, and Q2 2027 to $1.60 from $1.59, signaling somewhat stronger near-term earnings expectations.
- Improved earnings outlook supports valuation: ZION’s current valuation remains relatively modest, with a reported price-to-earnings ratio of about 9.2. The bank’s projected FY2026 EPS of $6.51 is close to the broader consensus estimate of $6.58.
- Analyst target price near recent trading levels: Analysts set a target price of $71.29 for Zions Bancorporation, N.A. The target indicates that expectations are broadly aligned with the stock’s recent level rather than pointing to a major revaluation. Analysts Set Zions Bancorporation, N.A. Target Price at $71.29
- Short-interest data is inconclusive: The report lists short interest at zero shares and a zero-day short ratio, while also describing a large increase. Because the figures appear inconsistent, they provide little reliable information about investor positioning.
- Longer-term estimates were trimmed: Zacks reduced FY2027 EPS to $6.54 from $6.56 and FY2028 EPS to $7.00 from $7.34. It also cut several quarterly forecasts, including Q3 2026, Q1 2028, Q2 2028, and Q4 2027. These revisions suggest some concern about the bank’s future earnings growth and could limit upside for ZION.