Zscaler (ZS) Stock Forecast, Price Target & Predictions
ZS Stock Forecast
Zscaler stock forecast is as follows: an average price target of $232.54 (represents a 36.74% upside from ZS’s last price of $170.06) 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 $232.54 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 36.74% upside from ZS's last price of $170.06.
ZS Analyst Ratings
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%), 28 'Buy' (66.67%), 8 'Hold' (19.05%), 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 |
|---|---|---|---|---|---|---|
| Sep 04, 2024 | Tal Liani | Bank of America Securities | $195.00 | $157.13 | 24.10% | 14.67% |
| Sep 04, 2024 | Eric Heath | Loop Capital Markets | $164.00 | $156.32 | 4.91% | -3.56% |
| Sep 04, 2024 | Patrick Colville | Scotiabank | $195.00 | $156.32 | 24.74% | 14.67% |
| Sep 04, 2024 | Daniel Ives | Wedbush | $220.00 | $193.19 | 13.88% | 29.37% |
| Sep 04, 2024 | Keith Bachman | BMO Capital | $197.00 | $159.18 | 23.76% | 15.84% |
| Sep 04, 2024 | Gabriela Borges | Goldman Sachs | $177.00 | $159.08 | 11.26% | 4.08% |
| Sep 04, 2024 | Ron Owens | Piper Sandler | $215.00 | $159.15 | 35.10% | 26.43% |
| Sep 04, 2024 | Yun Kim | Loop Capital Markets | $165.00 | $193.19 | -14.59% | -2.98% |
| Sep 04, 2024 | Ittai Kidron | Oppenheimer | $230.00 | $159.15 | 44.52% | 35.25% |
| Sep 04, 2024 | Alex Henderson | Needham | $235.00 | $159.28 | 47.54% | 38.19% |
The latest Zscaler stock forecast, released on Sep 04, 2024 by Tal Liani from Bank of America Securities, set a price target of $195.00, which represents a 24.10% increase from the stock price at the time of the forecast ($157.13), and a 14.67% increase from ZS last price ($170.06).
Zscaler Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 12 | 12 | 51 |
| Avg Price Target | $203.17 | $203.17 | $217.63 |
| Last Closing Price | $170.06 | $170.06 | $170.06 |
| Upside/Downside | 19.47% | 19.47% | 27.97% |
In the current month, the average price target of Zscaler stock is $203.17, according to 12 Wall Street analysts offering twelve months forecast. The average price target represents a 19.47% increase as opposed to Zscaler's last price of $170.06. This month's average price target is down 0.00% compared to last quarter, and down -6.64% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 04, 2024 | JMP Securities | Market Outperform | Market Outperform | Hold |
| Sep 04, 2024 | Oppenheimer | Buy | Buy | Hold |
| Sep 04, 2024 | Cantor Fitzgerald | Neutral | Neutral | Hold |
| Sep 04, 2024 | KeyBanc | Overweight | Overweight | Hold |
| Sep 04, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Sep 04, 2024 | Wedbush | Outperform | Outperform | Hold |
| Sep 04, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Sep 04, 2024 | Goldman Sachs | Neutral | Neutral | Hold |
| Sep 04, 2024 | Loop Capital Markets | Hold | Hold | Hold |
| Sep 04, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Zscaler's last stock rating was published by JMP Securities on Sep 04, 2024. The company gave ZS a "Market Outperform" rating, the same as its previous rate.
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 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $525.00M | $496.70M | $455.01M | - | $387.60M | $355.55M | $318.06M | $286.81M | $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 | $846.77M | $800.37M | $763.82M | $733.57M | $706.55M | $665.98M | $633.10M | $605.52M | $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 | $3.42B | $3.09B | $2.79B | $2.52B | $2.28B | $1.05B | $992.19M | $950.69M | $908.32M | $869.39M | $821.75M | $784.22M | $753.16M | $725.42M | $683.76M | $640.10M | $611.27M | $582.62M | $550.43M | $521.18M | $474.95M | $441.87M | $422.54M | $375.31M | $349.75M | $317.78M | $281.69M | $249.11M | $219.02M | $193.05M |
| Low Forecast | $3.28B | $2.97B | $2.68B | $2.42B | $2.19B | $1.01B | $952.10M | $912.27M | $871.62M | $834.26M | $788.54M | $752.53M | $722.72M | $696.10M | $656.13M | $619.14M | $599.79M | $559.08M | $528.19M | $500.12M | $472.83M | $424.02M | $405.47M | $360.14M | $335.62M | $303.06M | $269.60M | $239.75M | $210.79M | $185.80M |
| # 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% | 1.06% | 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 $528.19M, and a high forecast of $550.43M. 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 | Apr 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 | $-74.98M | $-72.69M | $-63.92M | $-56.89M |
| Avg Forecast | $-523.35M | $-472.81M | $-427.16M | $-385.91M | $-348.65M | $-160.69M | $-151.80M | $-145.45M | $-138.97M | $-133.01M | $-125.72M | $-119.98M | $-115.23M | $-110.98M | $-104.61M | $-99.45M | $-95.11M | $-89.14M | $-71.28M | $-79.74M | $-74.35M | $-67.60M | $-64.80M | $-57.42M | $-48.13M | $-51.67M | $-45.92M | $-53.27M | $-43.76M | $-25.41M |
| High Forecast | $-515.61M | $-465.82M | $-420.84M | $-380.21M | $-343.49M | $-158.32M | $-149.55M | $-143.30M | $-136.91M | $-131.04M | $-123.86M | $-118.21M | $-113.52M | $-109.34M | $-103.06M | $-97.25M | $-94.21M | $-87.82M | $-57.02M | $-78.56M | $-74.27M | $-66.60M | $-51.84M | $-56.57M | $-38.51M | $-51.28M | $-45.61M | $-42.62M | $-35.01M | $-20.33M |
| Low Forecast | $-537.33M | $-485.44M | $-438.57M | $-396.22M | $-357.96M | $-164.99M | $-155.85M | $-149.33M | $-142.68M | $-136.56M | $-129.08M | $-123.18M | $-118.30M | $-113.95M | $-107.40M | $-100.55M | $-96.02M | $-91.52M | $-85.54M | $-81.87M | $-74.60M | $-69.41M | $-77.76M | $-58.95M | $-57.76M | $-53.77M | $-47.66M | $-63.92M | $-52.51M | $-30.49M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.19% | 0.06% | 0.05% | - | 0.64% | 0.99% | 1.30% | 1.63% | 1.36% | 1.46% | 2.24% |
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 | Apr 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 | $-101.41M | $-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 | $145.47M | $136.64M | $127.16M | $119.97M | $120.88M | $113.13M | $103.63M | $95.27M | $106.70M | $-99.42M | $87.90M | $74.26M | $74.41M | $-90.38M | $44.50M | $-68.56M | $31.63M | $15.89M | $-75.67M | $-62.33M | $-43.43M |
| High Forecast | $120.70M | $123.84M | $116.00M | $106.59M | $98.76M | $181.21M | $168.42M | $156.11M | $146.36M | $150.53M | $141.38M | $131.57M | $124.14M | $125.08M | $117.06M | $114.14M | $104.34M | $110.40M | $-79.53M | $90.96M | $76.83M | $77.00M | $-72.30M | $46.04M | $-54.85M | $33.29M | $16.68M | $-60.53M | $-49.86M | $-34.75M |
| Low Forecast | $114.41M | $117.38M | $109.95M | $101.04M | $93.61M | $171.77M | $159.64M | $147.98M | $138.73M | $142.68M | $134.01M | $124.71M | $117.67M | $118.56M | $110.96M | $97.62M | $93.76M | $104.65M | $-119.30M | $86.22M | $72.74M | $72.98M | $-108.45M | $43.64M | $-82.27M | $31.31M | $15.76M | $-90.80M | $-74.79M | $-52.12M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.32% | -0.45% | -0.41% | - | -1.29% | 0.99% | -3.09% | -6.38% | 1.33% | 1.46% | 1.87% |
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 | Apr 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 | $232.80M | $212.52M | $187.50M | $162.81M |
| Avg Forecast | $2.50B | $2.26B | $2.04B | $1.85B | $1.67B | $769.06M | $726.48M | $696.09M | $665.07M | $636.57M | $601.68M | $574.21M | $551.46M | $531.15M | $500.65M | $475.94M | $455.20M | $426.59M | $210.39M | $381.61M | $355.85M | $323.54M | $191.27M | $274.80M | $137.76M | $236.33M | $210.00M | $156.25M | $125.24M | $104.26M |
| High Forecast | $2.57B | $2.32B | $2.10B | $1.90B | $1.71B | $789.60M | $745.88M | $714.68M | $682.83M | $653.56M | $617.75M | $589.54M | $566.19M | $545.33M | $514.02M | $481.20M | $459.52M | $437.99M | $252.47M | $391.80M | $357.05M | $332.18M | $229.52M | $282.14M | $165.32M | $245.90M | $217.97M | $187.50M | $150.29M | $125.11M |
| Low Forecast | $2.47B | $2.23B | $2.01B | $1.82B | $1.64B | $757.69M | $715.74M | $685.80M | $655.24M | $627.15M | $592.79M | $565.72M | $543.31M | $523.30M | $493.25M | $465.44M | $450.90M | $420.29M | $168.31M | $375.97M | $355.45M | $318.76M | $153.01M | $270.74M | $110.21M | $234.51M | $208.61M | $125.00M | $100.19M | $83.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.89% | 0.92% | - | 1.02% | 1.98% | 1.08% | 1.11% | 1.36% | 1.50% | 1.56% |
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 | Apr 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 | $-0.72 | $-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 | $0.90 | $0.84 | $0.79 | $0.80 | $0.75 | $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 | $0.80 | $0.82 | $0.77 | $0.70 | $0.65 | $1.20 | $1.11 | $1.03 | $0.97 | $0.99 | $0.93 | $0.87 | $0.82 | $0.83 | $0.77 | $0.75 | $0.69 | $0.73 | $0.68 | $0.60 | $0.51 | $0.51 | $0.44 | $0.30 | $0.27 | $0.22 | $0.11 | $0.12 | $0.13 | $0.09 |
| Low Forecast | $0.76 | $0.77 | $0.73 | $0.67 | $0.62 | $1.13 | $1.05 | $0.98 | $0.92 | $0.94 | $0.88 | $0.82 | $0.78 | $0.78 | $0.73 | $0.64 | $0.62 | $0.69 | $0.64 | $0.57 | $0.48 | $0.48 | $0.41 | $0.29 | $0.25 | $0.20 | $0.11 | $0.11 | $0.12 | $0.09 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.33% | -0.47% | -0.43% | - | -1.36% | -1.85% | -3.36% | -6.75% | -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 | $12.51 | $25.53 | 104.08% | Hold |
| OKTA | Okta | $74.06 | $120.69 | 62.96% | Hold |
| ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
| MDB | MongoDB | $290.09 | $373.27 | 28.67% | Buy |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| NET | Cloudflare | $78.59 | $95.00 | 20.88% | Hold |
| ADBE | Adobe | $536.87 | $589.17 | 9.74% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
| PLTR | Palantir | $35.59 | $20.72 | -41.78% | Buy |
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 28 'Buy' recommendations, accounting for 73.81% of ZS's total ratings.
What is ZS's price target?
Zscaler (ZS) average price target is $232.54 with a range of $135 to $415, implying a 36.74% from its last price of $170.06. 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 36.74% (from the last price of $170.06 to the average price target of $232.54), up by 144.03% based on the highest stock price target, and down by -20.62% 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?
12 Wall Street analysts forecast a $203.17 price target for Zscaler (ZS) this month, up 19.47% from its last price of $170.06. Compared to the last 3 and 12 months, the average price target increased by 19.47% and increased by 27.97%, 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 $3.9B, low $3.74B), average EBITDA is $-597M (high $-588M, low $-613M), average net income is $630.23M (high $652.11M, low $618.12M), average SG&A $2.86B (high $2.93B, low $2.81B), and average EPS is $4.16 (high $4.3, low $4.08). ZS's analysts financial forecasts for the fiscal year (Jul 2028) are as follows: average revenue is $10.41B (high $10.68B, low $10.25B), average EBITDA is $-1.635B (high $-1.61B, low $-1.678B), average net income is $430.25M (high $445.19M, low $421.98M), average SG&A $7.82B (high $8.03B, low $7.71B), and average EPS is $2.84 (high $2.94, low $2.79).
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 $-238M by -57.30%. The company's net income was $-202M, beating the average estimation of $-40.026M by 405.51%. Apple's SG&A was $1.13B, beating the average forecast of $927.37M by 22.00%. 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 $-79.737M by -80.88%. 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 $381.61M by -13.30%. Lastly, the company's EPS was $-0.19, missing the average prediction of $0.58 by -132.75%