Zscaler, Inc. (ZS)

Zscaler Stock Forecast

Stock Price Forecast

The 35 analysts with 12-month price forecasts for Zscaler stock have an average target of 215.49, with a low estimate of 165 and a high estimate of 270. The average target predicts an increase of 15.54% from the current stock price of 186.51.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$165	$215.49	$215	$270
Change	-11.53%	+15.54%	+15.28%	+44.77%

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	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24
Strong Buy	12	11	11	10	9	8
Buy	17	17	17	17	17	17
Hold	7	9	9	10	11	11
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	36	37	37	37	37	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Trevor Walsh JMP Securities	JMP Securities	Buy Reiterates $270	Buy	Reiterates	$270	+44.77%	Nov 4, 2024
Andrew DeGasperi Exane BNP Paribas	Exane BNP Paribas	Hold Initiates $180	Hold	Initiates	$180	-3.49%	Oct 8, 2024
Fatima Boolani Citigroup	Citigroup	Strong Buy Maintains $240 → $230	Strong Buy	Maintains	$240 → $230	+23.32%	Oct 4, 2024
Shyam Patil Susquehanna	Susquehanna	Buy Maintains $210	Buy	Maintains	$210	+12.60%	Sep 5, 2024
Tal Liani B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $265 → $195	Strong Buy → Hold	Downgrades	$265 → $195	+4.55%	Sep 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.69B

Increased by 24.18%

from 2.17B

Revenue Next Year

3.25B

Increased by 20.80%

from 2.69B

EPS This Year

2.98

from -0.39

EPS Next Year

3.66

Increased by 22.93%

from 2.98

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jul 31, 2020	Jul 31, 2021	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024	Jul 31, 2025	Jul 31, 2026	Jul 31, 2027
Revenue	431.27M	673.10M	1.09B	1.62B	2.17B	2.69B	3.25B	3.98B
Revenue Growth	42.41%	56.07%	62.08%	48.22%	34.07%	24.18%	20.80%	22.36%
EPS	-0.89	-1.93	-2.77	-1.40	-0.39	2.98	3.66	4.66
EPS Growth	-	-	-	-	-	-	22.93%	27.28%
Forward PE	-	-	-	-	-	62.57	50.89	39.99
No. Analysts	-	-	-	-	-	47	45	19

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	2.9B	3.6B	4.5B
Avg	2.7B	3.3B	4.0B
Low	2.5B	2.9B	3.6B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	32.4%	34.0%	38.9%
Avg	24.2%	20.8%	22.4%
Low	14.8%	8.6%	10.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	4.39	5.65	6.97
Avg	2.98	3.66	4.66
Low	2.74	3.03	3.88

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	89.5%	90.3%
Avg	-	22.9%	27.3%
Low	-	1.6%	5.9%

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.