Zscaler, Inc. (ZS)

Zscaler Stock Forecast

Stock Price Forecast

The 33 analysts with 12-month price forecasts for Zscaler stock have an average target of 226.97, with a low estimate of 170 and a high estimate of 270. The average target predicts an increase of 14.31% from the current stock price of 198.56.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$170	$226.97	$230	$270
Change	-14.38%	+14.31%	+15.83%	+35.98%

Analyst Ratings

The average analyst rating for Zscaler stock from 35 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	10	10	9	10	10	10
Buy	17	17	14	14	14	14
Hold	10	11	10	11	11	11
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	37	38	33	35	35	35

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gregg Moskowitz Mizuho	Mizuho	Hold Maintains $210 → $225	Hold	Maintains	$210 → $225	+13.32%	Feb 12, 2025
Patrick Colville Scotiabank	Scotiabank	Buy Maintains $205 → $225	Buy	Maintains	$205 → $225	+13.32%	Jan 21, 2025
Mike Cikos Needham	Needham	Strong Buy Reiterates $240	Strong Buy	Reiterates	$240	+20.87%	Jan 10, 2025
Andrew Nowinski Wells Fargo	Wells Fargo	Hold Maintains $180 → $190	Hold	Maintains	$180 → $190	-4.31%	Dec 4, 2024
Fatima Boolani Citigroup	Citigroup	Strong Buy Maintains $230 → $235	Strong Buy	Maintains	$230 → $235	+18.35%	Dec 4, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.72B

Increased by 25.38%

from 2.17B

Revenue Next Year

3.28B

Increased by 20.60%

from 2.72B

EPS This Year

3.09

from -0.39

EPS Next Year

3.69

Increased by 19.46%

from 3.09

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	2.72B	3.28B	3.97B
Revenue Growth	42.41%	56.07%	62.08%	48.22%	34.07%	25.38%	20.60%	21.17%
EPS	-0.89	-1.93	-2.77	-1.40	-0.39	3.09	3.69	4.48
EPS Growth	-	-	-	-	-	-	19.46%	21.60%
Forward PE	-	-	-	-	-	64.33	53.85	44.29
No. Analysts	-	-	-	-	-	47	47	29

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	2.6B	3.0B	3.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	32.2%	33.0%	36.6%
Avg	25.4%	20.6%	21.2%
Low	18.9%	10.4%	8.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	3.58	4.71	6.14
Avg	3.09	3.69	4.48
Low	2.90	3.17	3.36

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-	52.7%	66.6%
Avg	-	19.5%	21.6%
Low	-	2.8%	-8.8%

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.