Zumiez Inc. (ZUMZ) AI Stock Analysis

NASDAQ: ZUMZAI research summary: business, growth, valuation, analysts, bull and bear case.

ZUMZ AI stock analysis summary

AI Research

Zumiez Inc. is a specialty retailer offering apparel, footwear, accessories, and hardgoods for young adults across North America, Europe, and Australia. In FY2026, revenue rose 4.5% to $929.1M, returning to profitability with net income of $13.4M. However, quarterly revenue for the period ending August 31, 2026, fell 2.5% year-over-year.

Market cap
$214.0M
Revenue (TTM)
$932.8M
P/E
20.5x
fwd 29.9x
1Y return
-32.9%
S&P 500 16.8%
Avg. target
$21.00
50.4% vs last close

Bull case

  • Zumiez delivered free cash flow of $54.3M in FY2026, up from $5.7M in FY2025.
  • The company's five-year share count decreased by 36.2%, supported by $38.3M in share buybacks during FY2026.
  • The consensus analyst price target of $21.00 implies an upside of 50.4% over the last close of $13.96.

Bear case

  • Zumiez generated an operating margin of -0.6% over the trailing twelve months, well below the US-listed Consumer Cyclical peer median of 8.8%.
  • Current fiscal year EPS is projected to decline 41.0% to $0.46 on revenue of $914.2M.
  • The stock has dropped 46.4% year-to-date and trades 33.3% below its 200-day average.

What Zumiez does

Zumiez Inc., founded in 1978 and headquartered in Lynnwood, Washington, operates as a specialized retailer catering to young adults. Its merchandise includes apparel, footwear, accessories, and hardgoods such as skateboards, snowboards, bindings, and related equipment. As of November 26, 2022, the company operated 763 stores worldwide, encompassing 615 locations in the United States, 52 in Canada, 75 in Europe, and 21 in Australia. Storefronts and digital platforms operate under banners including Zumiez, Blue Tomato, and Fast Times. Its digital presence is supported by websites such as zumiez.com, zumiez.ca, blue-tomato.com, and fasttimes.com.au.

Growth and profitability

Over the past five fiscal years, Zumiez experienced a five-year revenue CAGR of -1.3% from FY2021 to FY2026. Annual revenue declined from $1.18B in FY2022 to $875.5M in FY2024 before climbing to $889.2M in FY2025 and $929.1M in FY2026. Gross margin expanded to 35.8% in FY2026 from 34.1% in FY2025. After recording net losses of -$62.6M in FY2024 and -$1.7M in FY2025, net income rebounded to $13.4M in FY2026, yielding EPS of $0.86. For the trailing twelve months, revenue reached $932.8M with an operating margin of -0.6%. In the latest quarter ending August 31, 2026, quarterly revenue dropped 2.5% year-over-year, while quarterly earnings grew 49.1%.

ZUMZ income statement →

Balance sheet and cash flow

As of August 31, 2026, Zumiez held $97.3M in cash and short-term investments alongside total debt of $227.2M, resulting in net debt of $129.9M. Total assets stood at $627.4M, with shareholders' equity of $279.0M, a current ratio of 1.71, and a debt-to-equity ratio of 0.81. In FY2026, operating cash flow reached $53.5M and free cash flow was $54.3M. Capital expenditures were $815,000, while share buybacks totaled $38.3M. The company's share count declined 36.2% over five years.

ZUMZ balance sheet →

Valuation and performance

Zumiez trades at a trailing P/E of 20.5x and a forward P/E of 29.9x, compared to medians of 18.0x and 14.1x for US-listed Consumer Cyclical peers. Its EV/EBITDA stands at 8.4x versus the peer median of 11.1x, and its price-to-sales ratio is 0.2x against the peer median of 0.7x. The company's PEG ratio is 0.96. Over the past year, Zumiez shares fell 32.9%, trailing the S&P 500 (SPY) return of 16.8%. Over five years, the stock dropped 64.7%, while the S&P 500 gained 83.0%.

ZUMZ key metrics →

What analysts expect

Wall Street coverage includes 2 Hold ratings, with 0 Buy, 0 Strong Buy, 0 Sell, and 0 Strong Sell ratings. The mean price target is $21.00, representing a 50.4% premium over the last close of $13.96 on October 16, 2026. For the fiscal year ending January 31, 2027, consensus estimates project EPS of $0.46, representing a 41.0% decline, on revenue of $914.2M. For the next fiscal year, 2 analysts project EPS to rise 91.3% to $0.88 with revenue growing 2.9% to $940.9M. Zumiez has beaten EPS estimates in 2 of the last 4 quarters, and its next earnings date is December 3, 2026.

ZUMZ forecast and price target →

Key risks and what to watch

  • Revenue decreased 2.5% year-over-year in the quarter ended August 31, 2026, signaling potential softening in customer demand.
  • Net debt stood at $129.9M as of August 31, 2026, with total debt of $227.2M exceeding cash of $97.3M.
  • Short interest represents 14.0% of the float, reflecting elevated negative market sentiment.
  • Forward P/E of 29.9x is more than double the US-listed Consumer Cyclical median of 14.1x, elevating valuation risk if earnings targets are missed.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this ZUMZ AI stock analysis

This page is an AI-written research summary of Zumiez Inc. (ZUMZ). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: ZUMZ income statement, ZUMZ balance sheet, ZUMZ key metrics, ZUMZ analyst forecast, ZUMZ chart. See the ZUMZ stock overview for the latest quote and news.

ZUMZ AI stock analysis FAQ

Does Zumiez pay a dividend?

No, Zumiez does not pay a dividend. Capital allocation has focused on share repurchases, with $38.3M spent on buybacks in FY2026.

When is Zumiez's next earnings report?

Zumiez is scheduled to report earnings on December 3, 2026. In the trailing four quarters, the company has beaten EPS expectations twice.

What is the consensus analyst target for ZUMZ stock?

The mean analyst price target is $21.00, which is 50.4% above the October 16, 2026 closing price of $13.96. All 2 covering analysts maintain a Hold rating.

How many stores does Zumiez operate?

As of November 26, 2022, Zumiez operated 763 stores globally. This includes 615 stores in the United States, 52 in Canada, 75 in Europe, and 21 in Australia under brands such as Zumiez, Blue Tomato, and Fast Times.

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