Zip shares surge 17% as FY26 profit jumps and FY27 earnings outlook strengthens

Zip Co shares jumped 17% to $2.97 in early trade after the buy-now-pay-later firm reported a sharp rise in FY26 profit and issued upbeat guidance. The update suggests improving earnings momentum and strengthens the near-term outlook, driving the immediate repricing of the stock.

Analysis

Zip Co shares jumped 17% to $2.97 in early trade after the buy-now-pay-later firm reported a sharp rise in FY26 profit and issued upbeat guidance. The update suggests improving earnings momentum and strengthens the near-term outlook, driving the immediate repricing of the stock.