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Zscaler (ZS)
NASDAQ:ZS
US Market
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Zscaler (ZS) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

ZS Analyst Ratings

Strong Buy
36Ratings
Strong Buy
29 Buy
7 Hold
0 Sell
Based on 36 analysts giving stock ratings to
Zscaler
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

ZS Stock 12 Month Forecast

Average Price Target

$196.91
▲(46.21% Upside)
Based on 36 Wall Street analysts offering 12 month price targets for Zscaler in the last 3 months. The average price target is $196.91 with a high forecast of $300.00 and a low forecast of $145.00. The average price target represents a 46.21% change from the last price of $134.68.
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Highest Price Target$300.00Average Price Target$196.91Lowest Price Target$145.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Guggenheim Analyst forecast on ZS
Guggenheim
Guggenheim
$214
Buy
58.90%
Upside
Upgraded
06/01/26
Zscaler upgraded to Buy from Neutral at GuggenheimZscaler upgraded to Buy from Neutral at Guggenheim
Wells Fargo Analyst forecast on ZS
Wells Fargo
Wells Fargo
$180
Buy
33.65%
Upside
Reiterated
05/29/26
Analysts Are Bullish on These Technology Stocks: Zscaler (ZS), Braze (BRZE)
Berenberg Bank Analyst forecast on ZS
Berenberg Bank
Berenberg Bank
$320$200
Buy
48.50%
Upside
Reiterated
05/28/26
Zscaler price target lowered to $200 from $320 at BerenbergZscaler price target lowered to $200 from $320 at Berenberg
Jefferies Analyst forecast on ZS
Unknown Analyst
Jefferies
Not Ranked
Jefferies
$200
Buy
48.50%
Upside
Reiterated
05/27/26
Jefferies Keeps Their Buy Rating on Zscaler (ZS)
TD Cowen Analyst forecast on ZS
TD Cowen
TD Cowen
$220$180
Buy
33.65%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: DocuSign (NASDAQ: DOCU) and Zscaler (NASDAQ: ZS)
Piper Sandler Analyst forecast on ZS
Piper Sandler
Piper Sandler
$185$160
Hold
18.80%
Upside
Reiterated
05/27/26
Zscaler price target lowered to $160 from $185 at Piper SandlerZscaler price target lowered to $160 from $185 at Piper Sandler
Wedbush
$300$220
Buy
63.35%
Upside
Reiterated
05/27/26
Zscaler (ZS): New Buy Recommendation for This Technology Giant
Citi
$205$175
Buy
29.94%
Upside
Assigned
05/27/26
Zscaler Earns Buy Rating as Analyst Sees Durable Growth, 80% Margins and Lifts Price Target to $205
B. Riley Securities Analyst forecast on ZS
B. Riley Securities
B. Riley Securities
$225$215
Buy
59.64%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: Zscaler (NASDAQ: ZS), Ooma (NYSE: OOMA) and Semtech (NASDAQ: SMTC)
Truist Financial Analyst forecast on ZS
Truist Financial
Truist Financial
$250$200
Buy
48.50%
Upside
Reiterated
05/27/26
New Buy Rating for Zscaler (ZS), the Technology Giant
Needham Analyst forecast on ZS
Needham
Needham
$180
Buy
33.65%
Upside
Reiterated
05/27/26
Analysts Are Bullish on These Technology Stocks: Microsoft (MSFT), Zscaler (ZS)
Deutsche Bank  Analyst forecast on ZS
Deutsche Bank
Deutsche Bank
$185$175
Buy
29.94%
Upside
Assigned
05/27/26
Zscaler price target lowered to $175 from $185 at Deutsche BankZscaler price target lowered to $175 from $185 at Deutsche Bank
Stifel Nicolaus Analyst forecast on ZS
Stifel Nicolaus
Stifel Nicolaus
$180$175
Buy
29.94%
Upside
Assigned
05/27/26
New Buy Rating for Zscaler (ZS), the Technology Giant
Bank of America Securities Analyst forecast on ZS
Bank of America Securities
Bank of America Securities
$175
Buy
29.94%
Upside
Reiterated
05/27/26
Oppenheimer’s Tal Liani Reiterates Buy on Zscaler, Maintains $175 Price Target on Solid Execution and Improving Revenue Quality
Oppenheimer Analyst forecast on ZS
Oppenheimer
Oppenheimer
$250
Buy
85.63%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: Zscaler (NASDAQ: ZS), F5, Inc. (NASDAQ: FFIV) and Palo Alto Networks (NASDAQ: PANW)
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Guggenheim Analyst forecast on ZS
Guggenheim
Guggenheim
$214
Buy
58.90%
Upside
Upgraded
06/01/26
Zscaler upgraded to Buy from Neutral at GuggenheimZscaler upgraded to Buy from Neutral at Guggenheim
Wells Fargo Analyst forecast on ZS
Wells Fargo
Wells Fargo
$180
Buy
33.65%
Upside
Reiterated
05/29/26
Analysts Are Bullish on These Technology Stocks: Zscaler (ZS), Braze (BRZE)
Berenberg Bank Analyst forecast on ZS
Berenberg Bank
Berenberg Bank
$320$200
Buy
48.50%
Upside
Reiterated
05/28/26
Zscaler price target lowered to $200 from $320 at BerenbergZscaler price target lowered to $200 from $320 at Berenberg
Jefferies Analyst forecast on ZS
Unknown Analyst
Jefferies
Not Ranked
Jefferies
$200
Buy
48.50%
Upside
Reiterated
05/27/26
Jefferies Keeps Their Buy Rating on Zscaler (ZS)
TD Cowen Analyst forecast on ZS
TD Cowen
TD Cowen
$220$180
Buy
33.65%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: DocuSign (NASDAQ: DOCU) and Zscaler (NASDAQ: ZS)
Piper Sandler Analyst forecast on ZS
Piper Sandler
Piper Sandler
$185$160
Hold
18.80%
Upside
Reiterated
05/27/26
Zscaler price target lowered to $160 from $185 at Piper SandlerZscaler price target lowered to $160 from $185 at Piper Sandler
Wedbush
$300$220
Buy
63.35%
Upside
Reiterated
05/27/26
Zscaler (ZS): New Buy Recommendation for This Technology Giant
Citi
$205$175
Buy
29.94%
Upside
Assigned
05/27/26
Zscaler Earns Buy Rating as Analyst Sees Durable Growth, 80% Margins and Lifts Price Target to $205
B. Riley Securities Analyst forecast on ZS
B. Riley Securities
B. Riley Securities
$225$215
Buy
59.64%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: Zscaler (NASDAQ: ZS), Ooma (NYSE: OOMA) and Semtech (NASDAQ: SMTC)
Truist Financial Analyst forecast on ZS
Truist Financial
Truist Financial
$250$200
Buy
48.50%
Upside
Reiterated
05/27/26
New Buy Rating for Zscaler (ZS), the Technology Giant
Needham Analyst forecast on ZS
Needham
Needham
$180
Buy
33.65%
Upside
Reiterated
05/27/26
Analysts Are Bullish on These Technology Stocks: Microsoft (MSFT), Zscaler (ZS)
Deutsche Bank  Analyst forecast on ZS
Deutsche Bank
Deutsche Bank
$185$175
Buy
29.94%
Upside
Assigned
05/27/26
Zscaler price target lowered to $175 from $185 at Deutsche BankZscaler price target lowered to $175 from $185 at Deutsche Bank
Stifel Nicolaus Analyst forecast on ZS
Stifel Nicolaus
Stifel Nicolaus
$180$175
Buy
29.94%
Upside
Assigned
05/27/26
New Buy Rating for Zscaler (ZS), the Technology Giant
Bank of America Securities Analyst forecast on ZS
Bank of America Securities
Bank of America Securities
$175
Buy
29.94%
Upside
Reiterated
05/27/26
Oppenheimer’s Tal Liani Reiterates Buy on Zscaler, Maintains $175 Price Target on Solid Execution and Improving Revenue Quality
Oppenheimer Analyst forecast on ZS
Oppenheimer
Oppenheimer
$250
Buy
85.63%
Upside
Reiterated
05/27/26
Analysts Offer Insights on Technology Companies: Zscaler (NASDAQ: ZS), F5, Inc. (NASDAQ: FFIV) and Palo Alto Networks (NASDAQ: PANW)
Stocks with the Highest Top Analyst Consensus in the Technology Sector
QQnity Electronics, Inc.
VIAVia Transportation, Inc. Class A
SEPNSepterna, Inc.
SVCOSilvaco Group, Inc.
RBRKRubrik, Inc. Class A
Find stocks in the Technology sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Zscaler

3 Months
Keith BachmanBMO Capital
Success Rate
15/24 ratings generated profit
63%
Average Return
+1.16%
Copying Keith Bachman's trades and holding each position for 3 Months would result in 62.50% of your transactions generating a profit, with an average return of +1.16% per trade.
1 Year
Brad ZelnickDeutsche Bank
Success Rate
14/21 ratings generated profit
67%
Average Return
+37.93%
Copying Brad Zelnick's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +37.93% per trade.
2 Years
Peter WeedBernstein
Success Rate
11/17 ratings generated profit
65%
Average Return
+9.29%
Copying Peter Weed's trades and holding each position for 2 Years would result in 64.71% of your transactions generating a profit, with an average return of +9.29% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

ZS Analyst Recommendation Trends

Rating
Feb 26
Mar 26
Apr 26
May 26
Jun 26
Strong Buy
23
26
22
20
17
Buy
24
25
22
31
27
Hold
7
7
8
11
10
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
54
58
52
62
54
In the current month, ZS has received 44 Buy Ratings, 10 Hold Ratings, and 0 Sell Ratings. ZS average Analyst price target in the past 3 months is 196.91.
Each month's total comprises the sum of three months' worth of ratings.

ZS Financial Forecast

ZS Earnings Forecast

Next quarter’s earnings estimate for ZS is $1.09 with a range of $1.03 to $1.11. The previous quarter’s EPS was $1.08. ZS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.47% of the time in the same period. In the last calendar year ZS has Performed in-line its overall industry.
Next quarter’s earnings estimate for ZS is $1.09 with a range of $1.03 to $1.11. The previous quarter’s EPS was $1.08. ZS beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 67.47% of the time in the same period. In the last calendar year ZS has Performed in-line its overall industry.

ZS Sales Forecast

Next quarter’s sales forecast for ZS is $876.94M with a range of $872.23M to $881.05M. The previous quarter’s sales results were $850.48M. ZS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.75% of the time in the same period. In the last calendar year ZS has Performed in-line its overall industry.
Next quarter’s sales forecast for ZS is $876.94M with a range of $872.23M to $881.05M. The previous quarter’s sales results were $850.48M. ZS beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 71.75% of the time in the same period. In the last calendar year ZS has Performed in-line its overall industry.

ZS Stock Forecast FAQ

What is ZS’s average 12-month price target, according to analysts?
Based on analyst ratings, Zscaler’s 12-month average price target is 196.91.
    What is ZS’s upside potential, based on the analysts’ average price target?
    Zscaler has 46.21% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is ZS a Buy, Sell or Hold?
          Zscaler has a consensus rating of Strong Buy which is based on 29 buy ratings, 7 hold ratings and 0 sell ratings.
            What is Zscaler’s price target?
            The average price target for Zscaler is 196.91. This is based on 36 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $300.00 ,the lowest forecast is $145.00. The average price target represents 46.21% Increase from the current price of $134.68.
              What do analysts say about Zscaler?
              Zscaler’s analyst rating consensus is a Strong Buy. This is based on the ratings of 36 Wall Streets Analysts.
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