Zscaler, Inc. (ZS)

Zscaler Stock Forecast

Stock Price Forecast

The 31 analysts that cover Zscaler stock have a consensus rating of "Buy" and an average price target of $316.9, which forecasts a -2.89% decrease in the stock price over the next year. The lowest target is $215 and the highest is $385.

Price Target: $316.9 (-2.89%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$215	$316.9	$330	$385
Change	-34.12%	-2.89%	+1.12%	+17.98%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	11	11	11	11	11	10
Buy	15	15	15	15	16	16
Hold	10	9	9	9	8	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	36	35	35	35	35	32

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Hedberg RBC Capital	RBC Capital	Buy Maintains $335 → $350	Buy	Maintains	$335 → $350	+7.25%	Oct 2, 2025
Kingsley Crane Canaccord Genuity	Canaccord Genuity	Strong Buy Maintains $320 → $340	Strong Buy	Maintains	$320 → $340	+4.19%	Sep 4, 2025
Brian Essex JP Morgan	JP Morgan	Buy Maintains $348 → $351	Buy	Maintains	$348 → $351	+7.56%	Sep 3, 2025
Daniel Ives Wedbush	Wedbush	Buy Reiterates $330	Buy	Reiterates	$330	+1.12%	Sep 3, 2025
Saket Kalia Barclays	Barclays	Buy Maintains $300 → $320	Buy	Maintains	$300 → $320	-1.94%	Sep 3, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

3.38B

Increased by 26.33%

from 2.67B

Revenue Next Year

4.03B

Increased by 19.28%

from 3.38B

EPS This Year

3.79

from -0.27

EPS Next Year

4.56

Increased by 20.35%

from 3.79

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	3.38B	4.03B
Revenue Growth	56.07%	62.08%	48.22%	34.07%	23.31%	26.33%	19.28%
EPS	-1.93	-2.77	-1.40	-0.39	-0.27	3.79	4.56
EPS Growth	-	-	-	-	-	-	20.35%
Forward PE	-	-	-	-	-	86.09	71.54
No. Analysts	-	-	-	-	-	51	47

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	4.0B
Low	3.2B	3.2B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	31.5%	26.5%
Avg	26.3%	19.3%
Low	19.7%	-5.0%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	4.48	5.67
Avg	3.79	4.56
Low	3.57	3.60

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	-	49.6%
Avg	-	20.4%
Low	-	-5.1%

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.