Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
244.88
+2.20 (0.91%)
At close: Dec 8, 2025, 4:00 PM EST
245.43
+0.55 (0.23%)
After-hours: Dec 8, 2025, 7:59 PM EST
Zscaler Stock Forecast
Stock Price Forecast
The 33 analysts that cover Zscaler stock have a consensus rating of "Buy" and an average price target of $323.73, which forecasts a 32.20% increase in the stock price over the next year. The lowest target is $215 and the highest is $390.
Price Target: $323.73 (+32.20%)
Analyst Consensus: Buy
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 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 | Dec '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 10 | 10 | 10 |
| Buy | 15 | 15 | 16 | 17 | 18 | 17 |
| Hold | 9 | 9 | 8 | 6 | 6 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 35 | 35 | 35 | 33 | 34 | 34 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $365 → $350 | Strong Buy | Maintains | $365 → $350 | +42.93% | Dec 1, 2025 |
| Bernstein | Bernstein | Buy → Hold Downgrades $264 | Buy → Hold | Downgrades | $264 | +7.81% | Dec 1, 2025 |
| Mizuho | Mizuho | Hold Maintains $325 → $310 | Hold | Maintains | $325 → $310 | +26.59% | Nov 26, 2025 |
| Baird | Baird | Buy Maintains $350 → $360 | Buy | Maintains | $350 → $360 | +47.01% | Nov 26, 2025 |
| JP Morgan | JP Morgan | Buy Maintains $351 → $354 | Buy | Maintains | $351 → $354 | +44.56% | Nov 26, 2025 |
Financial Forecast
Revenue This Year
3.39B
from 2.67B
Increased by 26.93%
Revenue Next Year
4.05B
from 3.39B
Increased by 19.33%
EPS This Year
3.92
from -0.27
EPS Next Year
4.60
from 3.92
Increased by 17.52%
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 | 31.9% | 26.4% | |||
| Avg | 26.9% | 19.3% | |||
| Low | 20.0% | -5.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | 4.24 | 5.24 | |||
| Avg | 3.92 | 4.60 | |||
| Low | 3.60 | 3.76 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| High | - | 33.7% | |||
| Avg | - | 17.5% | |||
| Low | - | -4.0% |
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.