Zscaler (ZS) Stock Forecast & Price Target

$188.96 -8.83 (-4.46%)

As of 12:56 PM Eastern

Zscaler - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 34 Analyst Ratings

Sell
0

Hold
9

Buy
25

Based on 34 Wall Street analysts who have issued ratings for Zscaler in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 34 analysts, 9 have given a hold rating, and 25 have given a buy rating for ZS.

Consensus Price Target

$233.88
23.77% Upside

According to the 34 analysts' twelve-month price targets for Zscaler, the average price target is $233.88. The highest price target for ZS is $270.00, while the lowest price target for ZS is $170.00. The average price target represents a forecasted upside of 23.77% from the current price of $188.96.

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ZS Analyst Ratings Over Time

Type	Current Forecast 3/13/24 to 3/13/25	1 Month Ago 2/12/24 to 2/11/25	3 Months Ago 12/14/23 to 12/13/24	1 Year Ago 3/14/23 to 3/13/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	25 Buy rating(s)	23 Buy rating(s)	23 Buy rating(s)	27 Buy rating(s)
Hold	9 Hold rating(s)	11 Hold rating(s)	11 Hold rating(s)	7 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$233.88	$225.47	$224.84	$225.26
Forecasted Upside	23.77% Upside	7.76% Upside	13.25% Upside	11.83% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

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ZS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ZS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Zscaler Stock vs. The Competition

Type	Zscaler	Computer and Technology Companies	S&P 500
Consensus Rating Score	2.74	2.68	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	18.24% Upside	102.32% Upside	20.70% Upside
News Sentiment Rating	Positive News See Recent ZS News	Positive News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/7/2025	Bank of America 3 of 5 stars	Tal Liani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$215.00 ➝ $240.00	+18.72%
3/6/2025	The Goldman Sachs Group 3 of 5 stars		Set Target	Neutral ➝ Neutral	$207.00	+5.07%
3/6/2025	Sanford C. Bernstein 3 of 5 stars		Reiterated Rating	Outperform ➝ Outperform
3/6/2025	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Buy ➝ Buy	$252.00	+29.29%
3/6/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Roger Boyd Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$250.00 ➝ $260.00	+28.61%
3/6/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Matthew Hedberg Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$230.00 ➝ $250.00	+19.86%
3/6/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Nowinski Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight ➝ Equal Weight	$190.00 ➝ $210.00	+6.90%
3/6/2025	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	Daniel Ives Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$230.00 ➝ $240.00	+22.17%
3/6/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Keith Bachman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$222.00 ➝ $233.00	+18.61%
3/6/2025	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Shrenik Kothari Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform ➝ Outperform	$240.00 ➝ $250.00	+27.26%
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3/6/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Brian Essex Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight ➝ Overweight	$240.00 ➝ $250.00	+27.26%
3/6/2025	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Catharine Trebnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$190.00 ➝ $235.00	+19.62%
3/5/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Fatima Boolani Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$235.00 ➝ $240.00	+25.22%
3/5/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Patrick Colville Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Sector Outperform ➝ Sector Outperform	$225.00 ➝ $242.00	+26.26%
3/5/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight
3/5/2025	Needham & Company LLC Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Cikos Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Buy	$240.00 ➝ $240.00	+25.22%
2/12/2025	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Gregg Moskowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$210.00 ➝ $225.00	+7.53%
12/3/2024	Guggenheim Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Neutral
12/3/2024	Loop Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold ➝ Hold	$200.00 ➝ $195.00	-1.89%
12/3/2024	KeyCorp Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$245.00 ➝ $250.00	+26.13%
12/3/2024	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$230.00 ➝ $250.00	+26.13%
12/3/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$210.00 ➝ $225.00	+15.27%
12/3/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$270.00 ➝ $240.00	+22.95%
12/3/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$220.00 ➝ $230.00	+10.31%
12/3/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$200.00 ➝ $225.00	+7.91%
12/3/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$215.00 ➝ $205.00	-1.68%
12/3/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$215.00 ➝ $235.00	+12.70%
11/26/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$225.00 ➝ $245.00	+16.43%
11/18/2024	Cantor Fitzgerald Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Ruykhaver Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold
11/14/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$220.00 ➝ $235.00	+13.12%
10/8/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Degasperi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Neutral	$180.00	+4.57%
7/23/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Tindle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform
4/1/2024	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$260.00	+34.36%
3/19/2024	Macquarie Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$245.00	+27.53%
11/28/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$200.00 ➝ $215.00	+12.68%
11/28/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$200.00 ➝ $225.00	+16.90%
11/28/2023	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$195.00 ➝ $215.00	+18.78%
5/9/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
3/17/2023	Capital One Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Equal Weight	$125.00	+15.60%
3/15/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$275.00 ➝ $165.00	+52.82%
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 12:56 PM ET.

Should I Buy Zscaler Stock? ZS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, March 11, 2025. Please send any questions or comments about these Zscaler pros and cons to contact@marketbeat.com.

Zscaler
Bull Case

Here are some ways that investors could benefit from investing in Zscaler, Inc.:

Zscaler, Inc. has a strong market capitalization of approximately $30.61 billion, indicating a robust position in the cloud security sector, which can attract institutional investors.
The stock is currently trading at $199.46, which is close to its 50-day moving average of $197.02, suggesting stability and potential for growth.
Analysts have given Zscaler, Inc. a "Moderate Buy" rating with a consensus price target of $233.88, indicating expected appreciation in stock value.
Insider activity shows confidence in the company, with executives recently selling shares at an average price of $200.32, which reflects a strong valuation at the time of sale.
Zscaler, Inc. operates in the growing cloud security market, which is increasingly important as businesses shift to digital operations, providing a favorable long-term growth outlook.

Zscaler
Bear Case

Investors should be bearish about investing in Zscaler, Inc. for these reasons:

The company has a high price-to-earnings (P/E) ratio of -797.84, indicating that it is currently not profitable, which can be a red flag for potential investors.
Insiders have sold a total of 10,248 shares valued at over $2 million in the last 90 days, which may signal a lack of confidence in the company's short-term performance.
With a beta of 0.88, Zscaler, Inc. is less volatile than the market, which might limit potential high returns for investors looking for aggressive growth.
The stock has a 1-year high of $217.84, and if it approaches this level again, it may face resistance, making it a less attractive buy at higher prices.
18.10% of the stock is owned by corporate insiders, which may limit the availability of shares for public investors and could impact liquidity.

ZS Forecast - Frequently Asked Questions

: According to the research reports of 34 Wall Street equities research analysts, the average twelve-month stock price forecast for Zscaler is $233.88, with a high forecast of $270.00 and a low forecast of $170.00.
: 34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 9 hold ratings and 25 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ZS shares.
: According to analysts, Zscaler's stock has a predicted upside of 23.77% based on their 12-month stock forecasts.
: Over the previous 90 days, Zscaler's stock had 2 upgrades by analysts.
: Zscaler has been rated by research analysts at Bank of America, Barclays, BMO Capital Markets, BTIG Research, Citigroup, JPMorgan Chase & Co., Mizuho, Needham & Company LLC, Robert W. Baird, Rosenblatt Securities, Royal Bank of Canada, Sanford C. Bernstein, Scotiabank, The Goldman Sachs Group, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.
: Analysts like Zscaler more than other "computer and technology" companies. The consensus rating score for Zscaler is 2.74 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how ZS compares to other companies.

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This page (NASDAQ:ZS) was last updated on 3/13/2025 by MarketBeat.com Staff

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Zscaler (ZS) Stock Forecast & Price Target