Zscaler (ZS) Stock Forecast & Price Target

$187.38 +4.17 (+2.28%)

(As of 12/20/2024 05:51 PM ET)

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
11

Buy
23

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, 11 have given a hold rating, and 23 have given a buy rating for ZS.

Consensus Price Target

$224.84
19.99% Upside

According to the 34 analysts' twelve-month price targets for Zscaler, the average price target is $224.84. 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 19.99% from the current price of $187.38.

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ZS Analyst Ratings Over Time

Type	Current Forecast 12/22/23 to 12/21/24	1 Month Ago 11/22/23 to 11/21/24	3 Months Ago 9/23/23 to 9/22/24	1 Year Ago 12/22/22 to 12/22/23
Strong Buy	0 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	23 Buy rating(s)	23 Buy rating(s)	24 Buy rating(s)	27 Buy rating(s)
Hold	11 Hold rating(s)	10 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$224.84	$217.79	$218.39	$200.35
Forecasted Upside	19.99% Upside	5.06% Upside	26.45% Upside	-9.62% Downside
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	2.68	2.68	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.99% Upside	264.22% Upside	14.53% Upside
News Sentiment Rating	Positive News See Recent ZS News	Positive News	Positive News

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
12/4/2024	Wells Fargo & Company 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$180.00 ➝ $190.00	-8.91%
12/4/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$230.00 ➝ $235.00	+15.53%
12/3/2024	Guggenheim 2 of 5 stars		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%
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12/3/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$230.00 ➝ $230.00	+16.04%
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	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Outperform ➝ Sector Outperform	$195.00 ➝ $205.00	+5.02%
12/3/2024	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	$240.00	+15.10%
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%
12/3/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$197.00 ➝ $222.00	+6.47%
11/29/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$220.00 ➝ $240.00	+17.10%
11/27/2024	BTIG Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$205.00 ➝ $238.00	+17.01%
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%
11/21/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$200.00 ➝ $220.00	+7.38%
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%
9/4/2024	Rosenblatt Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Trebnick Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Neutral ➝ Neutral	$190.00 ➝ $190.00	+20.92%
9/4/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral	$265.00 ➝ $195.00	+22.72%
9/4/2024	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$260.00 ➝ $220.00	+37.92%
9/4/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$270.00 ➝ $250.00	+55.39%
9/4/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$260.00 ➝ $225.00	+16.47%
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
7/16/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Moskowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Neutral	$220.00 ➝ $220.00	+7.60%
5/31/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$280.00 ➝ $270.00	+56.57%
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%
3/4/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$189.00 ➝ $215.00	+0.13%
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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3/8/2023	KGI Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 09:57 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 Friday, December 13, 2024. 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 received a consensus rating of "Moderate Buy" from analysts, indicating positive sentiment towards the stock's future performance.
The company reported a strong quarterly earnings result, with earnings per share (EPS) of $0.77, surpassing the consensus estimate of $0.63 by $0.14, showcasing its ability to generate profits.
Recent revenue growth of 26.4% year-over-year, reaching $628 million, demonstrates Zscaler, Inc.'s expanding market presence and demand for its services.
The current stock price is $198.64, which is significantly below the average target price of $224.38 set by analysts, suggesting potential for price appreciation.
Insider ownership stands at 18.10%, which can indicate confidence in the company's future performance, as insiders often have a vested interest in the company's success.

Zscaler
Bear Case

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

The company has a negative return on equity of 0.80%, which suggests that it is not currently generating a profit relative to shareholder equity, potentially raising concerns about its financial efficiency.
Zscaler, Inc. has a negative net margin of 1.58%, indicating that the company is not yet profitable on a net income basis, which could deter risk-averse investors.
Insider selling activity has been noted, with significant shares sold recently, which may raise concerns about the insiders' confidence in the company's future performance.
The stock has experienced volatility, with a twelve-month high of $259.61 and a low of $153.45, indicating potential risks associated with price fluctuations.
Analysts forecast a negative EPS of -0.95 for the current year, suggesting that the company may continue to face challenges in achieving profitability in the near term.

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 $224.84, 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 twelve months. There are currently 11 hold ratings and 23 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 19.99% based on their 12-month stock forecasts.
: Over the previous 90 days, Zscaler's stock had 1 upgrade by analysts.
: Zscaler has been rated by research analysts at Barclays, BMO Capital Markets, BNP Paribas, BTIG Research, Canaccord Genuity Group, Cantor Fitzgerald, Citigroup, Deutsche Bank Aktiengesellschaft, Guggenheim, Jefferies Financial Group, JMP Securities, JPMorgan Chase & Co., KeyCorp, Loop Capital, Morgan Stanley, Needham & Company LLC, Oppenheimer, Piper Sandler, Royal Bank of Canada, Scotiabank, Stifel Nicolaus, Susquehanna, and Wells Fargo & Company in the past 90 days.
: Analysts like Zscaler less than other "computer and technology" companies. The consensus rating score for Zscaler is 2.68 while the average consensus rating score for "computer and technology" companies is 2.69. Learn more on how ZS compares to other companies.

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This page (NASDAQ:ZS) was last updated on 12/21/2024 by MarketBeat.com Staff

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Zscaler (ZS) Stock Forecast & Price Target