Despite the November pullback, analysts remained cautiously optimistic, raising price targets in late October 2025 based on robust cash EBTDA growth (up 147% in FY25).
After a remarkable surge through FY25—growing over 110% as of October—the ASX BNPL giant Zip Co Limited hit a turbulent phase in late 2025. November 2025 became a pivotal "zipped" archive of high-stakes trading, marked by a massive pullback following intense profit-taking. Key Takeaways from the "November.zip" Period:
The company struggled to break through critical resistance levels, notably around the A$3.40 mark, highlighting the struggle between bulls and bears.
"November.zip" serves as a case study in volatility. While the strategy shift towards positive cash flow has proven successful, the stock remains sensitive to high valuation levels, making resistance points crucial to monitor. How to read the resistance levels (like A$3.40) mentioned? The analyst targets for 2026? Let me know what interests you most!
Zip Shares Retreat as A$3.40 Resistance Holds Firm - The Bull
With no significant price-sensitive news, the decline was widely attributed to market profit-taking following a stellar 50% rise between June and October 2025.
Between October 21 and November 19, 2025, Zip shares plummeted 38% to a four-month low of $2.84.
