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Zip Co Ltd. ( (AU:ZIP) ) has issued an announcement.
Zip Co Limited has upgraded its FY25 guidance following strong performance, particularly in the US market, expecting to deliver cash EBTDA of at least $160 million. The company reported over 40% year-on-year growth in Total Transaction Value (TTV) in the US for May 2025, reflecting the resilience of its business model and strategic execution. Additionally, Zip has repurchased 12.3 million shares as part of its ongoing share buy-back program, indicating confidence in its financial stability and commitment to shareholder value.
The most recent analyst rating on (AU:ZIP) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Zip Co Ltd. stock, see the AU:ZIP Stock Forecast page.
More about Zip Co Ltd.
Zip Co Limited is a digital financial services company offering innovative, people-centered products. Operating in Australia, New Zealand, and the United States, Zip provides point-of-sale credit and digital payment services, connecting millions of customers with a global network of tens of thousands of merchants. Founded in Australia in 2013, Zip aims to offer fair, flexible, and transparent payment options to help customers manage their financial futures and support merchant growth.
Average Trading Volume: 21,750,838
Technical Sentiment Signal: Buy
Current Market Cap: A$2.83B
Learn more about ZIP stock on TipRanks’ Stock Analysis page.