Theoretically hypothesized for several decades in Group IV transition metals, we have discovered a dynamically stabilized bcc intermediate state in Zr under uniaxial loading at sub-nanosecond timescales. Under ultrafast shock wave compression, rather than transform from a-Zr to the more disordered hex-3 equilibrium w-Zr phase, in its place we find the formation of a previously unobserved non-equilibrium body-centered cubic (bcc) metastable intermediate. We probe the compression-induced phase transition pathway in zirconium using time-resolved sub-ps x-ray diffraction at the Linac Coherent Light Source (LCLS). We also present molecular dynamics simulations using a potential derived from first principle methods which independently predict this intermediate phase under ultrafast shock conditions. In contrast with longer timescale (> 10 ns) experiments where the phase diagram alone is an adequate predictor of the crystalline structure of a material, our recent study highlights the importance of metastability and time-dependence in the kinetics of phase transformations.* Further comments about ultrafast shock experiments, elastic-plastic response, and their connection to longer time scale experiments are in the supplemental information. response of materials, they did not have access to femtosecond x-ray diffraction, and therefore did not provide a direct measure of the atomic structure.