Zscaler, Inc. (ZS)

Zscaler Stock Forecast

Stock Price Forecast

The 37 analysts that cover Zscaler stock have a consensus rating of "Buy" and an average price target of $269.38, which forecasts a 74.16% increase in the stock price over the next year. The lowest target is $180 and the highest is $385.

Price Target: $269.38 (+74.16%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$180	$269.38	$264	$385
Change	+16.38%	+74.16%	+70.69%	+148.92%

Analyst Ratings

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

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	10	10	10	10	12	12
Buy	17	18	18	18	18	19
Hold	6	6	6	6	6	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	33	34	34	34	36	38

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Richard Poland Wells Fargo	Wells Fargo	Buy Initiates $200	Buy	Initiates	$200	+29.31%	Mar 3, 2026
Fatima Boolani Citigroup	Citigroup	Strong Buy Maintains $305 → $195	Strong Buy	Maintains	$305 → $195	+26.07%	Mar 2, 2026
Gabriela Borges Goldman Sachs	Goldman Sachs	Hold Maintains $290 → $257	Hold	Maintains	$290 → $257	+66.16%	Mar 2, 2026
Steve Koenig Macquarie	Macquarie	Buy Maintains $320 → $210	Buy	Maintains	$320 → $210	+35.77%	Feb 27, 2026
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $340 → $275	Strong Buy	Maintains	$340 → $275	+77.80%	Feb 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.41B

Increased by 27.60%

from 2.67B

Revenue Next Year

4.08B

Increased by 19.67%

from 3.41B

EPS This Year

4.07

from -0.27

EPS Next Year

4.70

Increased by 15.38%

from 4.07

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jul 31, 2021	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024	Jul 31, 2025	Jul 31, 2026	Jul 31, 2027
Revenue	673.10M	1.09B	1.62B	2.17B	2.67B	3.41B	4.08B
Revenue Growth	56.07%	62.08%	48.22%	34.07%	23.31%	27.60%	19.67%
EPS	-1.93	-2.77	-1.40	-0.39	-0.27	4.07	4.70
EPS Growth	-	-	-	-	-	-	15.38%
Forward PE	-	-	-	-	-	38.00	32.94
No. Analysts	-	-	-	-	-	51	50

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	3.5B	4.3B
Avg	3.4B	4.1B
Low	3.2B	3.8B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	32.1%	25.4%
Avg	27.6%	19.7%
Low	20.2%	11.7%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	4.41	5.49
Avg	4.07	4.70
Low	3.60	3.73

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	-	34.9%
Avg	-	15.4%
Low	-	-8.3%

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.