Benzinga · Sep 3, 2026
JP Morgan Downgrades ZTO Express (Cayman) to Neutral, Lowers Price Target to $22
JP Morgan analyst Lin Chen downgrades ZTO Express (Cayman) (NYSE:ZTO) from Overweight to Neutral and lowers the price target from $29 to $22.
ZT
NYSE · ZTO
ZTO Express (Cayman) Inc.
Industrials · Integrated Freight & Logistics
$20.95
Down-$0.09 (-0.41%)
Updated Sep 8, 2026, 4:51 PM
SID Score
5.3/10
Composite research score
Smart Money
56/100
Neutral
- Market cap
- 16.78B
- P/E ratio
- 14.06
- Dividend yield
- 3.10%
- 52-week range
- $18.11 – $26.20
- Volume
- 1.75M
- Avg. volume
- 1.57M
Price performance
ZTO price history
1M range · 20 trading sessions · Daily adjusted prices
ZTO closed at $20.95 after 20 trading sessions, down 12.45% for the selected period.
- Last close
- $20.95
- Period change
- -12.45%
- Period low
- $20.91
- Period high
- $23.93
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 4, 2026 | $21.07 | $21.30 | $20.95 | $20.95 | 1.75M |
| Sep 3, 2026 | $20.49 | $20.93 | $20.36 | $20.91 | 2.07M |
| Sep 2, 2026 | $20.98 | $21.08 | $20.95 | $20.96 | 1.73M |
| Sep 1, 2026 | $21.03 | $21.15 | $21.005 | $21.06 | 2.23M |
| Aug 31, 2026 | $21.49 | $21.56 | $21.17 | $21.17 | 1.7M |
| Aug 28, 2026 | $21.28 | $21.57 | $21.13 | $21.50 | 1.86M |
| Aug 27, 2026 | $21.20 | $21.27 | $21.035 | $21.19 | 1.47M |
| Aug 26, 2026 | $21.02 | $21.53 | $21.02 | $21.32 | 2M |
| Aug 25, 2026 | $21.10 | $21.42 | $21.0401 | $21.40 | 1.79M |
| Aug 24, 2026 | $21.29 | $21.32 | $21.13 | $21.28 | 1.76M |
| Aug 21, 2026 | $21.65 | $21.725 | $21.315 | $21.37 | 1.64M |
| Aug 20, 2026 | $21.10 | $21.40 | $20.94 | $21.38 | 1.75M |
| Aug 19, 2026 | $21.50 | $22.17 | $21.2207 | $21.51 | 4.03M |
| Aug 18, 2026 | $23.14 | $23.32 | $22.99 | $23.13 | 1.51M |
| Aug 17, 2026 | $22.94 | $23.0147 | $22.805 | $22.91 | 1.88M |
| Aug 14, 2026 | $22.89 | $22.985 | $22.79 | $22.90 | 1.23M |
| Aug 13, 2026 | $23.13 | $23.31 | $22.76 | $22.92 | 1.35M |
| Aug 12, 2026 | $23.01 | $23.14 | $22.40 | $23.14 | 1.59M |
| Aug 11, 2026 | $23.44 | $23.63 | $23.095 | $23.15 | 1.6M |
| Aug 10, 2026 | $23.53 | $23.93 | $23.41 | $23.93 | 1.47M |
Latest ZTO news
The latest Smart Investors Daily articles mentioning ZTO.
Stock researchCompany · Overview
ZTO research
Overview
Company profile and research snapshot.
Company profile
ZTO Express is China's largest express delivery company by parcel volume, with a volume share of 19.4% in 2024. It operates a network partner model where it provides line-haul transportation and sorting services, while its local network partners provide first-mile pickup and last-mile delivery services under the ZTO brand name. Headquartered in Shanghai, the company was founded in 2002 by Meisong Lai, who remains chair, CEO, and its major shareholder with 78% voting rights as of March 31, 2025. ZTO's strategic shareholder is leading China e-commerce company Alibaba Group with around an 8.9% interest.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $24.20
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Nov 20, 2020 | HSBC | Reduce | — |
| May 22, 2020 | JP Morgan | Neutral | — |
| May 21, 2020 | B of A Securities | Neutral | — |
| Nov 21, 2019 | UBS | Buy | — |
| Apr 23, 2019 | UBS | Buy | — |
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ChartMill · Aug 26, 2026
ZTO Express (NYSE:ZTO): Growth at a Reasonable Price
ZTO Express offers affordable growth: strong earnings and revenue expansion, low valuation, solid profitability, and healthy balance sheet.
SeekingAlpha · Aug 21, 2026
ZTO Express: The Power Of Price Over Volume
ZTO Express stays a Buy: 2Q2026 EPS beat driven by no price wars and AI cost cuts. Click to read my analysis, including more about the pros and cons of ZTO.
SeekingAlpha · Aug 19, 2026
ZTO Express (Cayman) Inc. (ZTO) Q2 2026 Earnings Call Transcript
ZTO Express (Cayman) Inc. (ZTO) Q2 2026 Earnings Call August 18, 2026 8:30 PM EDTCompany ParticipantsSophie Li - Investor Relations DirectorMeisong Lai -...
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