Sydney, Feb 17, 2026, 18:23 AEDT — Market closed.
- Zip Co closed out Tuesday with a 2.8% gain, finishing at A$2.58.
- Shares have climbed roughly 8% across the past two sessions.
- Half-year results land Feb. 19, and management goes live with a call at 10 a.m. AEDT.
Zip Co Ltd finished Tuesday’s session 2.8% higher at A$2.58, stretching a recovery that’s landed the buy-now-pay-later lender squarely back in focus for traders.
Zip, which is due to deliver its half-year numbers on Thursday, tends to see its shares swing sharply around earnings. That’s why this move stands out.
Buy-now-pay-later, or BNPL, lets shoppers split up payments at checkout—a type of short-term credit. Investors are watching for changes in credit losses, funding costs, and demand, and whether Zip manages to hold down bad debts as spending shifts.
Shares of Zip opened at A$2.52 on Tuesday, then moved in a range from A$2.48 to A$2.59, historical pricing data show. Roughly 4.2 million shares changed hands.
Monday saw a busier day for the stock, up 5.5% with trading volume topping 23 million shares.
This sort of move works in both directions. Strong figures might lure in quick capital, yet any weakness on losses or margins can send the trade spinning out just as fast.
Over the last year, Zip has been dialing up its focus on profit and stricter underwriting, but it hasn’t eased off expansion in its bigger offshore segment. Investors will be watching the next report closely for a clearer picture of whether that mix can really hold.
Bulls face two obvious traps: if credit performance worsens unexpectedly fast, or if funding remains scarce right when the company’s looking to expand, the story changes. BNPL lenders? They might look solid—until losses suddenly spike.
