ZIP.AX stock jumped to A$1.78 in after-hours trade on 06 Mar 2026, up 9.88% on heavy volume of 33,212,824.00 shares. The move made Zip Co Limited (ZIP.AX) one of the ASX’s most active names as traders reacted to strong revenue growth and broader market swings. We track price, valuation and the Meyka AI forecast to explain the move and what it means for traders and longer-term investors in Australia’s Financial Services sector.

ZIP.AX stock: Intraday price action and liquidity

ZIP.AX stock closed after hours at A$1.78, up A$0.16 from the previous close of A$1.62. The session range was A$1.68–A$1.79 and volume hit 33,212,824.00, above the average volume of 23,167,175.00. This surge places ZIP.AX high on the ASX most active list for the session.

High relative volume and a 1.40x relative volume ratio indicate institutional or news-driven flows. Traders should note the 50-day and 200-day price averages at A$2.69 and A$3.29, which act as near-term resistance levels.

ZIP.AX stock: Fundamentals and valuation

Zip Co Limited (ZIP.AX) shows a market capitalisation of A$2.26 billion and EPS of A$0.08, giving a trailing PE around 22.25. Book value per share is A$0.52 and cash per share is A$0.42, while debt-to-equity sits at 3.83, signalling elevated leverage for a Financial Services firm in Australia.

Revenue momentum is a strength: half-year revenue to 31 Dec 2025 was A$658.11 million, up 54.68%, and last-twelve-month revenue reached A$1.22 billion. Source: stockanalysis.com.

ZIP.AX stock: Technicals and trend signals

Momentum indicators show the stock is not overbought. RSI sits at 38.37, MACD is -0.29 with a histogram near -0.01, and ADX reads 28.33, indicating a measurable trend. Bollinger Bands middle is A$2.12 and lower band A$1.28, which frames current downside risk.

Short-term momentum is negative but stabilising. Watch for a break above the 50-day average A$2.69 to signal a tactical trend shift for active traders on the ASX.

ZIP.AX stock: Meyka AI grade and model forecast

Meyka AI rates ZIP.AX with a score out of 100 at 70.13, grade B+ and suggestion BUY. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst consensus. These grades are informational and not personalised advice.

Meyka AI’s forecast model projects a yearly price of A$4.45, a monthly near A$1.97, and a three-year outlook around A$6.35. Compared with the current price A$1.78, the one-year model implies an upside of 149.89%. Forecasts are model-based projections and not guarantees.

ZIP.AX stock: Risks and opportunities

Opportunity: strong top-line growth and accelerating revenue. Zip reported 54.68% half-year revenue growth and LTM revenue of A$1.22 billion, supporting expansion in APAC and Americas.

Risk: stretched receivables and leverage. Days sales outstanding is 911.19 days, and net debt-to-EBITDA is 11.16, exposing the business to credit and funding pressure if macro conditions tighten. Free cash flow per share is negative at A$-0.01, underlining cash conversion risks.

ZIP.AX stock: Market context and trading note

ZIP.AX trades within the Financial Services sector on the ASX in Australia. Sector average PE is 21.77, so Zip’s PE near 22.25 is in line with peers. Macroeconomic and geopolitical shocks have driven recent volatility across Australian markets, pressuring risk assets and amplifying intraday moves. Source: Investing.com S&P/ASX 200 summary.

For most-active traders, the stock’s high volume and wide analyst divergence create short-term trading opportunities but require tighter risk controls.

Final Thoughts

ZIP.AX stock finished after hours at A$1.78 on 06 Mar 2026 with heavy volume 33,212,824.00, marking it one of the day’s most active ASX names. Fundamentals show robust revenue momentum but elevated leverage and a negative free cash flow profile. Technicals point to short-term consolidation under the A$2.69 50-day average. Meyka AI’s forecast model projects a one-year level at A$4.45, implying an upside of 149.89% from today’s price. We present realistic price targets: conservative A$2.50, base A$4.45, and bull A$6.35 over three years, reflecting model outputs and sector comparables. These targets tie directly to revenue growth and credit performance. Remember, forecasts are model-based projections and not guarantees. Active traders should watch liquidity, the 50/200-day averages, and updates to receivables and debt metrics. For a centralised view, see the Zip page on Meyka AI’s platform at https://meyka.ai/stocks/ZIP.AX for live signals and updates.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.