Zscaler (ZS) Stock Forecast, Price Target & Predictions

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ZS Stock Forecast

Zscaler stock forecast is as follows: an average price target of $233.41 (represents a 14.22% upside from ZS’s last price of $204.36) and a rating consensus of 'Buy', based on 42 wall street analysts offering a 1-year stock forecast.

ZS Price Target

The average price target for Zscaler (ZS) is $233.41 based on 1-year price targets from 42 Wall Street analysts in the past 3 months, with a price target range of $415.00 to $135.00. This represents a potential 14.22% upside from ZS's last price of $204.36.

ZS Analyst Ratings

Buy

According to 42 Wall Street analysts, Zscaler's rating consensus is 'Buy'. The analyst rating breakdown for ZS stock is 3 'Strong Buy' (7.14%), 27 'Buy' (64.29%), 9 'Hold' (21.43%), 3 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).

Zscaler Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 18, 2024	Yun Kim	Loop Capital Markets	$200.00	$201.22	-0.60%	-2.13%
Sep 04, 2024	Tal Liani	Bank of America Securities	$195.00	$157.13	24.10%	-4.58%
Sep 04, 2024	Eric Heath	Loop Capital Markets	$164.00	$156.32	4.91%	-19.75%
Sep 04, 2024	Patrick Colville	Scotiabank	$195.00	$156.32	24.74%	-4.58%
Sep 04, 2024	Daniel Ives	Wedbush	$220.00	$193.19	13.88%	7.65%
Sep 04, 2024	Keith Bachman	BMO Capital	$197.00	$159.18	23.76%	-3.60%
Sep 04, 2024	Gabriela Borges	Goldman Sachs	$177.00	$159.08	11.26%	-13.39%
Sep 04, 2024	Ron Owens	Piper Sandler	$215.00	$159.15	35.10%	5.21%
Sep 04, 2024	Yun Kim	Loop Capital Markets	$165.00	$193.19	-14.59%	-19.26%
Sep 04, 2024	Ittai Kidron	Oppenheimer	$230.00	$159.15	44.52%	12.55%

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The latest Zscaler stock forecast, released on Nov 18, 2024 by Yun Kim from Loop Capital Markets, set a price target of $200.00, which represents a -0.60% decrease from the stock price at the time of the forecast ($201.22), and a -2.13% decrease from ZS last price ($204.36).

Zscaler Price Target by Period

	1M	3M	12M
# Anlaysts	1	13	49
Avg Price Target	$200.00	$202.92	$220.69
Last Closing Price	$204.36	$204.36	$204.36
Upside/Downside	-2.13%	-0.70%	7.99%

In the current month, the average price target of Zscaler stock is $200.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -2.13% decrease as opposed to Zscaler's last price of $204.36. This month's average price target is down -1.44% compared to last quarter, and down -9.38% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Oct 08, 2024	Exane BNP Paribas	Underperform	Neutral	Initialise
Oct 04, 2024	Wells Fargo	Market Outperform	Market Outperform	Hold
Oct 04, 2024	Wedbush	Underperform	Underperform	Hold
Oct 04, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 04, 2024	Cantor Fitzgerald	Neutral	Neutral	Hold
Sep 04, 2024	Oppenheimer	Buy	Buy	Hold
Sep 04, 2024	JMP Securities	Market Outperform	Market Outperform	Hold
Sep 04, 2024	KeyBanc	Overweight	Overweight	Hold
Sep 04, 2024	Cowen & Co.	Buy	Buy	Hold
Sep 04, 2024	Wedbush	Outperform	Outperform	Hold

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Zscaler's last stock rating was published by Exane BNP Paribas on Oct 08, 2024. The company Initialise its ZS rating from "Underperform" to "Neutral".

Zscaler Financial Forecast

Zscaler Revenue Forecast

	Oct 28	Jul 28	May 28	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$525.00M	$496.70M	$455.01M	-	$387.60M	$355.55M	$318.06M	-	$255.56M	$230.52M	$197.07M
Avg Forecast	$3.33B	$3.01B	$2.72B	$2.46B	$2.22B	$1.02B	$966.38M	$925.96M	$884.70M	$847.46M	$801.13M	$764.75M	$734.26M	$706.72M	$665.68M	$632.98M	$605.51M	$567.46M	$536.12M	$507.62M	$473.36M	$430.38M	$411.55M	$365.54M	$340.66M	$305.42M	$271.39M	$241.09M	$211.97M	$186.84M
High Forecast	$3.37B	$3.05B	$2.75B	$2.49B	$2.25B	$1.04B	$978.40M	$937.47M	$895.70M	$858.00M	$811.09M	$774.26M	$743.39M	$715.51M	$673.96M	$639.92M	$610.83M	$567.47M	$536.12M	$507.65M	$474.95M	$435.73M	$416.67M	$370.09M	$351.64M	$315.27M	$280.14M	$248.87M	$218.81M	$192.86M
Low Forecast	$3.25B	$2.94B	$2.66B	$2.40B	$2.17B	$999.42M	$944.09M	$904.60M	$864.29M	$827.91M	$782.65M	$747.11M	$717.32M	$690.42M	$650.32M	$618.97M	$604.79M	$567.46M	$536.12M	$507.60M	$472.83M	$420.45M	$402.06M	$357.11M	$335.03M	$300.37M	$266.90M	$237.11M	$208.47M	$183.75M
# Analysts	20	19	18	17	11	11	11	11	11	11	11	11	12	11	10	23	24	18	12	20	22	14	11	11	15	10	10	17	11	12
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.03%	1.05%	1.06%	-	1.06%	1.04%	1.04%	-	1.06%	1.09%	1.05%

Zscaler's average Quarter revenue forecast for May 24 based on 12 analysts is $536.12M, with a low forecast of $536.12M, and a high forecast of $536.12M. ZS's average Quarter revenue forecast represents a 2.12% increase compared to the company's last Quarter revenue of $525.00M (Jan 24).

Zscaler EBITDA Forecast

	Oct 28	Jul 28	May 28	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21
# Analysts	20	19	18	17	11	11	11	11	11	11	11	11	12	11	10	23	24	18	12	20	22	14	11	11	15	10	10	17	11	12
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-15.24M	$-4.33M	$-3.26M	-	$-36.51M	$-47.66M	$-67.36M	-	$-72.69M	$-63.92M	$-56.89M
Avg Forecast	$-481.09M	$-434.64M	$-392.67M	$-354.75M	$-320.50M	$-147.72M	$-139.54M	$-133.70M	$-127.75M	$-122.37M	$-115.68M	$-110.43M	$-106.02M	$-102.05M	$-96.12M	$-91.40M	$-87.43M	$-81.94M	$-71.28M	$-73.30M	$-68.35M	$-62.14M	$-64.80M	$-49.81M	$-53.51M	$-47.97M	$-58.91M	$-37.87M	$-33.30M	$-29.35M
High Forecast	$-470.00M	$-424.61M	$-383.61M	$-346.57M	$-313.11M	$-144.31M	$-136.32M	$-130.62M	$-124.80M	$-119.55M	$-113.01M	$-107.88M	$-103.58M	$-99.69M	$-93.90M	$-89.38M	$-87.33M	$-81.94M	$-57.02M	$-73.30M	$-68.27M	$-60.71M	$-51.84M	$-39.85M	$-52.63M	$-47.18M	$-47.13M	$-37.24M	$-32.75M	$-28.86M
Low Forecast	$-487.08M	$-440.04M	$-397.55M	$-359.17M	$-324.48M	$-149.56M	$-141.28M	$-135.37M	$-129.34M	$-123.89M	$-117.12M	$-111.80M	$-107.34M	$-103.32M	$-97.32M	$-92.40M	$-88.20M	$-81.94M	$-85.54M	$-73.30M	$-68.58M	$-62.92M	$-77.76M	$-59.77M	$-55.24M	$-49.52M	$-70.69M	$-39.09M	$-34.37M	$-30.29M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21%	0.06%	0.05%	-	0.73%	0.89%	1.40%	-	1.92%	1.92%	1.94%

undefined analysts predict ZS's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Zscaler's previous annual EBITDA (undefined) of $NaN.

Zscaler Net Income Forecast

	Oct 28	Jul 28	May 28	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21
# Analysts	20	19	18	17	11	11	11	11	11	11	11	11	12	11	10	23	24	18	12	20	22	14	11	11	15	10	10	17	11	12
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-28.47M	$-33.48M	$-30.67M	-	$-57.45M	$-68.16M	$-97.65M	-	$-100.42M	$-90.80M	$-81.02M
Avg Forecast	$116.65M	$119.68M	$112.11M	$103.02M	$95.44M	$175.13M	$162.77M	$150.88M	$141.45M	$145.93M	$137.15M	$127.54M	$120.25M	$120.97M	$112.86M	$103.40M	$95.02M	$106.70M	$-99.42M	$87.90M	$74.26M	$74.41M	$-90.38M	$-70.75M	$39.37M	$31.09M	$-82.16M	$17.15M	$18.61M	$13.63M
High Forecast	$118.54M	$121.62M	$113.92M	$104.68M	$96.99M	$177.97M	$165.40M	$153.32M	$143.74M	$148.29M	$139.37M	$129.60M	$122.19M	$122.93M	$114.68M	$109.48M	$96.56M	$106.72M	$-79.53M	$87.92M	$75.46M	$75.62M	$-72.30M	$-56.60M	$41.03M	$32.40M	$-65.73M	$17.87M	$19.39M	$14.21M
Low Forecast	$113.15M	$116.09M	$108.75M	$99.93M	$92.58M	$169.88M	$157.89M	$146.35M	$137.21M	$141.55M	$133.04M	$123.71M	$116.64M	$117.35M	$109.47M	$98.84M	$93.51M	$106.68M	$-119.30M	$87.89M	$72.74M	$72.18M	$-108.45M	$-84.90M	$38.53M	$30.43M	$-98.59M	$16.78M	$18.21M	$13.34M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.32%	-0.45%	-0.41%	-	0.81%	-1.73%	-3.14%	-	-5.86%	-4.88%	-5.94%

Zscaler's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. ZS's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Zscaler SG&A Forecast

	Oct 28	Jul 28	May 28	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21
# Analysts	20	19	18	17	11	11	11	11	11	11	11	11	12	11	10	23	24	18	12	20	22	14	11	11	15	10	10	17	11	12
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$330.85M	$317.83M	$299.19M	-	$279.47M	$272.99M	$254.13M	-	$212.52M	$187.50M	$162.81M
Avg Forecast	$2.51B	$2.26B	$2.04B	$1.85B	$1.67B	$769.17M	$726.59M	$696.20M	$665.18M	$637.17M	$602.34M	$574.99M	$552.07M	$531.36M	$500.50M	$475.92M	$455.26M	$426.66M	$210.39M	$381.67M	$355.90M	$323.59M	$191.27M	$146.10M	$256.09M	$229.60M	$173.88M	$181.24M	$159.35M	$140.46M
High Forecast	$2.54B	$2.29B	$2.07B	$1.87B	$1.69B	$778.74M	$735.63M	$704.86M	$673.45M	$645.10M	$609.83M	$582.14M	$558.93M	$537.97M	$506.73M	$481.13M	$459.26M	$426.66M	$252.47M	$381.68M	$357.10M	$327.61M	$229.52M	$175.32M	$264.35M	$237.01M	$208.65M	$187.09M	$164.49M	$144.99M
Low Forecast	$2.45B	$2.21B	$2.00B	$1.80B	$1.63B	$751.43M	$709.83M	$680.14M	$649.83M	$622.48M	$588.45M	$561.73M	$539.33M	$519.11M	$488.96M	$465.38M	$454.72M	$426.66M	$168.31M	$381.65M	$355.51M	$316.12M	$153.01M	$116.88M	$251.86M	$225.81M	$139.10M	$178.25M	$156.72M	$138.13M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.87%	0.89%	0.92%	-	1.91%	1.07%	1.11%	-	1.17%	1.18%	1.16%

Zscaler's average Quarter SG&A projection for May 24 is $210.39M, based on 12 Wall Street analysts, with a range of $168.31M to $252.47M. The forecast indicates a -36.41% fall compared to ZS last annual SG&A of $330.85M (Jan 24).

Zscaler EPS Forecast

	Oct 28	Jul 28	May 28	Jan 28	Oct 27	Jul 27	May 27	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21
# Analysts	20	19	18	17	11	11	11	11	11	11	11	11	12	11	10	23	24	18	12	20	22	14	11	11	15	10	10	17	11	12
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$-0.19	$-0.23	$-0.21	-	$-0.40	$-0.48	$-0.69	-	$-0.71	$-0.65	$-0.59
Avg Forecast	$0.77	$0.79	$0.74	$0.68	$0.63	$1.16	$1.07	$1.00	$0.93	$0.96	$0.91	$0.84	$0.79	$0.80	$0.74	$0.68	$0.63	$0.70	$0.66	$0.58	$0.49	$0.49	$0.42	$0.29	$0.26	$0.21	$0.11	$0.11	$0.12	$0.09
High Forecast	$0.78	$0.80	$0.75	$0.69	$0.64	$1.17	$1.09	$1.01	$0.95	$0.98	$0.92	$0.86	$0.81	$0.81	$0.76	$0.72	$0.64	$0.70	$0.66	$0.58	$0.50	$0.50	$0.43	$0.30	$0.27	$0.21	$0.11	$0.12	$0.13	$0.09
Low Forecast	$0.75	$0.77	$0.72	$0.66	$0.61	$1.12	$1.04	$0.97	$0.91	$0.93	$0.88	$0.82	$0.77	$0.77	$0.72	$0.65	$0.62	$0.70	$0.66	$0.58	$0.48	$0.48	$0.41	$0.28	$0.25	$0.20	$0.10	$0.11	$0.12	$0.09
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.33%	-0.47%	-0.43%	-	-1.36%	-1.85%	-3.36%	-	-6.27%	-5.29%	-6.56%

According to undefined Wall Street analysts, Zscaler's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to ZS previous annual EPS of $NaN (undefined).

Zscaler Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
PATH	UiPath	$12.76	$25.43	99.29%	Hold
OKTA	Okta	$74.51	$116.97	56.99%	Hold
MDB	MongoDB	$289.15	$373.27	29.09%	Buy
ADBE	Adobe	$499.61	$592.03	18.50%	Buy
ZS	Zscaler	$204.36	$233.41	14.22%	Buy
NET	Cloudflare	$96.37	$95.45	-0.95%	Hold
CRWD	CrowdStrike	$353.29	$321.14	-9.10%	Buy
PANW	Palo Alto Networks	$388.06	$323.26	-16.70%	Buy
PLTR	Palantir	$62.98	$24.34	-61.35%	Hold

ZS Forecast FAQ

Is Zscaler a good buy?

Yes, according to 42 Wall Street analysts, Zscaler (ZS) is considered a 'Buy'. The rating consensus is based on 3 'Strong Buy' and 27 'Buy' recommendations, accounting for 71.43% of ZS's total ratings.

What is ZS's price target?

Zscaler (ZS) average price target is $233.41 with a range of $135 to $415, implying a 14.22% from its last price of $204.36. The data is based on 42 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Zscaler stock go up soon?

According to Wall Street analysts' prediction for ZS stock, the company can go up by 14.22% (from the last price of $204.36 to the average price target of $233.41), up by 103.07% based on the highest stock price target, and down by -33.94% based on the lowest stock price target.

Can Zscaler stock reach $300?

ZS's highest twelve months analyst stock price target of $415 supports the claim that Zscaler can reach $300 in the near future.

What is Zscaler's current price target trend?

1 Wall Street analyst forecast a $200 price target for Zscaler (ZS) this month, down -2.13% from its last price of $204.36. Compared to the last 3 and 12 months, the average price target decreased by -0.70% and increased by 7.99%, respectively.

What are Zscaler's analysts' financial forecasts?

Zscaler's analysts financial forecasts for the fiscal year (Jul 2027) are as follows: average revenue is $3.8B (high $3.85B, low $3.71B), average EBITDA is $-549M (high $-536M, low $-556M), average net income is $630.23M (high $640.42M, low $611.33M), average SG&A $2.86B (high $2.89B, low $2.79B), and average EPS is $4.16 (high $4.23, low $4.04). ZS's analysts financial forecasts for the fiscal year (Jul 2028) are as follows: average revenue is $10.41B (high $10.54B, low $10.17B), average EBITDA is $-1.503B (high $-1.468B, low $-1.521B), average net income is $430.25M (high $437.21M, low $417.35M), average SG&A $7.82B (high $7.92B, low $7.64B), and average EPS is $2.84 (high $2.89, low $2.75).

Did the ZS's actual financial results beat the analysts' financial forecasts?

Based on Zscaler's last annual report (Jul 2023), the company's revenue was $1.62B, beating the average analysts forecast of $1.55B by 4.45%. Apple's EBITDA was $-102M, missing the average prediction of $-230M by -55.87%. The company's net income was $-202M, beating the average estimation of $-47.341M by 327.40%. Apple's SG&A was $1.13B, beating the average forecast of $917.04M by 23.38%. Lastly, the company's EPS was $-1.4, missing the average prediction of $1.47 by -195.44%. In terms of the last quarterly report (Jan 2024), Zscaler's revenue was $525M, beating the average analysts' forecast of $507.62M by 3.42%. The company's EBITDA was $-15.245M, missing the average prediction of $-73.299M by -79.20%. Zscaler's net income was $-28.469M, missing the average estimation of $87.9M by -132.39%. The company's SG&A was $330.85M, missing the average forecast of $381.67M by -13.31%. Lastly, the company's EPS was $-0.19, missing the average prediction of $0.58 by -132.75%