Zip Keeps Bull on Medium-Term Growth Prospects -- Market Talk

Dow Jones
Mar 11

2332 GMT - Zip keeps its bull at Macquarie despite the installment-payment provider's recent earnings reset. A note from one of the investment bank's analysts looks past the Australian company's moderated operating leverage and flags an expectation of medium-term growth. The analyst thinks that Zip's U.S. net transaction margin will improve sequentially in both the March quarter and June quarter. Loan losses are rising relative to total transaction value, but the note points out that this is a function of Zip bringing on new users. The company can quickly remove defaulters, the note adds. Macquarie keeps an outperform rating and A$3.35 target price on the stock, which is down 0.9% at A$1.67. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

March 10, 2026 19:32 ET (23:32 GMT)

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