Zscaler Stock Forecast

Stock Price Forecast

The 36 analysts with 12-month price forecasts for Zscaler stock have an average target of 223.67, with a low estimate of 180 and a high estimate of 290. The average target predicts an increase of 18.63% from the current stock price of 188.54.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$180	$223.67	$220	$290
Change	-4.53%	+18.63%	+16.69%	+53.81%

Analyst Ratings

The average analyst rating for Zscaler stock from 36 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	13	13	13	11	12	11
Buy	15	15	16	16	17	17
Hold	8	7	6	8	7	8
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	36	35	35	35	36	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregg Moskowitz Mizuho	Mizuho	Buy → Hold Downgrades $220	Buy → Hold	Downgrades	$220	+16.69%	Jul 16, 2024
Yi Fu Lee Cantor Fitzgerald	Cantor Fitzgerald	Hold Reiterates $200	Hold	Reiterates	$200	+6.08%	Jun 21, 2024
Trevor Walsh JMP Securities	JMP Securities	Buy Reiterates $270	Buy	Reiterates	$270	+43.21%	Jun 17, 2024
Keith Bachman BMO Capital	BMO Capital	Buy Reiterates $208	Buy	Reiterates	$208	+10.32%	Jun 14, 2024
Brian Essex JP Morgan	JP Morgan	Hold → Buy Upgrades $205 → $230	Hold → Buy	Upgrades	$205 → $230	+21.99%	Jun 14, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.20B

from 1.62B

36.24%

from 1.62B

Revenue Next Year

2.71B

from 2.20B

22.92%

from 2.20B

EPS This Year

3.07

from -1.40

EPS Next Year

3.43

from 3.07

11.65%

from 3.07

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029
Revenue	302.84M	431.27M	673.10M	1.09B	1.62B	2.20B	2.71B	3.34B	4.25B	5.24B	6.37B
Revenue Growth	59.24%	42.41%	56.07%	62.08%	48.22%	36.24%	22.92%	23.15%	27.50%	23.17%	21.58%
EPS	-0.23	-0.89	-1.93	-2.77	-1.40	3.07	3.43	4.22	5.17	7.02	9.62
EPS Growth	-	-	-	-	-	-	11.65%	23.31%	22.28%	35.99%	36.95%
Forward PE	-	-	-	-	-	61.45	55.04	44.63	36.50	26.84	19.60
No. Analysts	-	-	-	-	-	46	46	36	5	4	4

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028	2029
High	2.3B	2.9B	3.8B	4.6B	5.8B	7.0B
Avg	2.2B	2.7B	3.3B	4.3B	5.2B	6.4B
Low	1.9B	2.5B	3.0B	3.9B	4.7B	5.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028	2029
High	40.6%	33.1%	39.7%	38.5%	35.8%	34.5%
Avg	36.2%	22.9%	23.2%	27.5%	23.2%	21.6%
Low	20.5%	12.2%	11.4%	15.9%	10.3%	7.9%

EPS Forecast

EPS	2024	2025	2026	2027	2028	2029
High	3.22	5.63	7.11	5.32	7.16	9.81
Avg	3.07	3.43	4.22	5.17	7.02	9.62
Low	1.98	2.79	3.40	4.86	6.68	9.15

EPS Growth

EPS Growth	2024	2025	2026	2027	2028	2029
High	-	83.4%	107.5%	26.0%	38.6%	39.6%
Avg	-	11.6%	23.3%	22.3%	36.0%	37.0%
Low	-	-9.0%	-0.7%	15.1%	29.4%	30.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.