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Zscaler (ZS) Stock Forecast & Price Target

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$309.33 +2.01 (+0.65%)
Closing price 07/2/2025 04:00 PM Eastern
Extended Trading
$310.70 +1.37 (+0.44%)
As of 07/2/2025 07:57 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

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

Sell
0
Hold
8
Buy
29

Based on 37 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 37 analysts, 8 have given a hold rating, 28 have given a buy rating, and 1 has given a strong buy rating for ZS.

Consensus Price Target

$296.82
-4.04% Downside
According to the 37 analysts' twelve-month price targets for Zscaler, the average price target is $296.82. The highest price target for ZS is $385.00, while the lowest price target for ZS is $207.00. The average price target represents a forecasted downside of -4.04% from the current price of $309.33.
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ZS Analyst Ratings Over Time

TypeCurrent Forecast
7/3/24 to 7/3/25
1 Month Ago
6/3/24 to 6/3/25
3 Months Ago
4/4/24 to 4/4/25
1 Year Ago
7/4/23 to 7/3/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
28 Buy rating(s)
27 Buy rating(s)
24 Buy rating(s)
27 Buy rating(s)
Hold
8 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$296.82$277.32$234.94$225.21
Forecasted Upside-4.04% Downside-6.00% Downside34.50% Upside13.51% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

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.
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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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Zscaler Stock vs. The Competition

TypeZscalerComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.81
2.65
2.53
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-4.04% Downside92.53% Upside10.14% Upside
News Sentiment Rating
Positive News

See Recent ZS News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2025JMP Securities
2 of 5 stars
Trevor Walsh
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Boost TargetMarket Outperform ➝ Market Outperform$310.00 ➝ $355.00+12.18%
6/27/2025UBS Group
3 of 5 stars
Roger Boyd
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Boost TargetBuy ➝ Buy$315.00 ➝ $365.00+15.99%
6/16/2025JPMorgan Chase & Co.
2 of 5 stars
Brian Essex
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Boost TargetOverweight ➝ Overweight$292.00 ➝ $348.00+15.25%
6/13/2025Wells Fargo & Company
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Andrew Nowinski
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UpgradeEqual Weight ➝ Overweight$260.00 ➝ $385.00+27.72%
6/11/2025Cantor Fitzgerald
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J. Ruykhaver
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Boost TargetOverweight ➝ Overweight$290.00 ➝ $340.00+13.61%
6/9/2025Bank of America
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Tal Liani
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Boost TargetBuy ➝ Buy$285.00 ➝ $340.00+11.63%
6/6/2025Scotiabank
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Patrick Colville
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Boost TargetSector Outperform ➝ Sector Outperform$310.00 ➝ $360.00+18.29%
6/6/2025Oppenheimer
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Ittai Kidron
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Boost TargetOutperform ➝ Outperform$290.00 ➝ $345.00+13.03%
6/4/2025Mizuho
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Gregg Moskowitz
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Boost TargetNeutral ➝ Neutral$275.00 ➝ $290.00-4.10%
6/4/2025BTIG Research
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Gray Powell
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Boost TargetBuy ➝ Buy$298.00 ➝ $329.00+11.51%
6/2/2025Canaccord Genuity Group
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Kingsley Crane
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Set TargetBuy ➝ Buy$230.00 ➝ $305.00+5.87%
5/30/2025FBN Securities
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S. Seyrafi
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UpgradeStrong-Buy
5/30/2025Loop Capital
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Yun Kim
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Boost TargetHold ➝ Hold$250.00 ➝ $260.00-5.30%
5/30/2025Susquehanna
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Shyam Patil
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Boost TargetPositive ➝ Positive$245.00 ➝ $320.00+16.55%
5/30/2025Morgan Stanley
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Hamza Fodderwala
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Boost TargetEqual Weight ➝ Equal Weight$200.00 ➝ $280.00+1.98%
5/30/2025BMO Capital Markets
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Keith Bachman
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Boost TargetOutperform ➝ Outperform$233.00 ➝ $295.00+7.74%
5/30/2025Robert W. Baird
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Shrenik Kothari
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Boost TargetOutperform ➝ Outperform$295.00 ➝ $315.00+15.04%
5/30/2025Evercore ISI
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Peter Levine
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Boost TargetOutperform ➝ Outperform$245.00 ➝ $290.00+5.97%
5/30/2025Barclays
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Saket Kalia
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Boost TargetOverweight ➝ Overweight$275.00 ➝ $290.00+7.03%
5/30/2025Truist Financial
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Ki Bin Kim
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Reiterated RatingBuy ➝ Buy$260.00 ➝ $300.00+10.72%
5/30/2025Stifel Nicolaus
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Adam Borg
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Boost TargetBuy ➝ Buy$270.00 ➝ $295.00+9.08%
5/30/2025Royal Bank Of Canada
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Matthew Hedberg
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Boost TargetOutperform ➝ Outperform$288.00 ➝ $304.00+11.51%
5/30/2025KeyCorp
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Eric Heath
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Boost TargetOverweight ➝ Overweight$290.00 ➝ $310.00+14.40%
5/30/2025Wedbush
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Daniel Ives
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Boost TargetOutperform ➝ Outperform$240.00 ➝ $300.00+10.50%
5/30/2025Guggenheim
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John Difucci
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Reiterated RatingNeutral ➝ Neutral
5/30/2025Piper Sandler
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Rob Owens
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Reiterated RatingOverweight ➝ Neutral$235.00 ➝ $260.00+3.54%
5/30/2025Rosenblatt Securities
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C. Trebnick
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Boost TargetBuy ➝ Buy$235.00 ➝ $315.00+25.44%
5/30/2025Needham & Company LLC
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M. Cikos
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Boost TargetBuy ➝ Buy$240.00 ➝ $310.00+23.45%
5/28/2025Roth Capital
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I. Koujalgi
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Reiterated RatingNeutral ➝ Neutral
5/27/2025Stephens
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M. Roberts
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Reiterated RatingOverweight ➝ Overweight$255.00-0.90%
4/28/2025BNP Paribas
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A. Degasperi
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UpgradeNeutral ➝ Outperform$260.00+20.60%
3/31/2025Jefferies Financial Group
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Joseph Gallo
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Lower TargetBuy ➝ Buy$245.00 ➝ $240.00+20.68%
3/6/2025The Goldman Sachs Group
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 Set TargetNeutral ➝ Neutral$207.00+5.07%
3/6/2025Sanford C. Bernstein
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 Reiterated RatingOutperform ➝ Outperform$244.00+23.66%
3/5/2025Citigroup
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Fatima Boolani
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Reiterated RatingBuy ➝ Buy$235.00 ➝ $240.00+25.22%
12/3/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$200.00 ➝ $225.00+7.91%
7/23/2024Raymond James Financial
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A. Tindle
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Initiated CoverageMarket Perform
3/19/2024Macquarie
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 Reiterated RatingOutperform ➝ Outperform$245.00+27.53%
11/28/2023TD Cowen
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 Boost TargetOutperform ➝ Outperform$195.00 ➝ $215.00+18.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:41 AM 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 Wednesday, July 2, 2025. Please send any questions or comments about these Zscaler pros and cons to contact@marketbeat.com.

Zscaler
Bull Case

green Wall Street bull icon

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

  • The current stock price is around $310, reflecting a recent increase, which may indicate positive market sentiment towards the company.
  • Zscaler, Inc. reported a revenue increase of 22.6% compared to the same quarter last year, showcasing strong growth potential.
  • The company has a market capitalization of approximately $48.16 billion, indicating a solid position in the market and potential for further expansion.
  • Analysts have a consensus rating of "Moderate Buy" for Zscaler, Inc., with many firms raising their target prices, suggesting confidence in the company's future performance.
  • Recent earnings exceeded expectations, with reported earnings per share of $0.84, which is a positive indicator of profitability and operational efficiency.

Zscaler
Bear Case

red Wall Street bear icon

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

  • The company has a negative return on equity of 0.59%, which may raise concerns about its ability to generate profit from shareholders' investments.
  • Zscaler, Inc. has a high price-to-earnings (PE) ratio of -1,189.73, indicating that the stock may be overvalued relative to its earnings.
  • Despite revenue growth, the company reported a negative net margin of 1.52%, suggesting challenges in maintaining profitability.
  • Insider ownership is at 18.10%, which may indicate limited alignment between management and shareholder interests.
  • Market volatility, as indicated by a beta of 1.11, suggests that the stock may experience larger price fluctuations compared to the overall market, which could pose risks for investors.

ZS Forecast - Frequently Asked Questions

According to the research reports of 37 Wall Street equities research analysts, the average twelve-month stock price forecast for Zscaler is $296.82, with a high forecast of $385.00 and a low forecast of $207.00.

37 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last twelve months. There are currently 8 hold ratings, 28 buy ratings and 1 strong buy rating 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 downside of -4.04% based on their 12-month stock forecasts.

Over the previous 90 days, Zscaler's stock had 4 upgrades by analysts.

Analysts like Zscaler more than other "computer and technology" companies. The consensus rating score for Zscaler is 2.81 while the average consensus rating score for "computer and technology" companies is 2.65. Learn more on how ZS compares to other companies.


This page (NASDAQ:ZS) was last updated on 7/3/2025 by MarketBeat.com Staff
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