Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
129.52
+3.41 (2.70%)
At close: Jun 12, 2026, 4:00 PM EDT
129.14
-0.38 (-0.29%)
After-hours: Jun 12, 2026, 7:59 PM EDT

Zscaler Stock Forecast

Stock Price Forecast

According to 47 analysts polled by S&P Global, Zscaler stock has a consensus rating of "Buy" and an average price target of $193.05. The average 1-year stock price forecast is 49.05% higher than the current stock price, while the lowest is $145 (+11.95%) and the highest is $250 (+93.02%).

Price Target: $193.05 (+49.05%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$145$193.05$190$250
Change+11.95%+49.05%+46.70%+93.02%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy303233323031
Buy988788
Hold1199998
Sell000000
Strong Sell000000
Total504950484747

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Oppenheimer
Oppenheimer
Buy
Maintains
$250
BuyMaintains$250+93.02%Jun 12, 2026
Roth MKM
Roth MKM
Hold
Maintains
$215
HoldMaintains$215+66.00%Jun 11, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$210
BuyMaintains$210+62.14%Jun 11, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$175
BuyMaintains$175+35.11%Jun 11, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$200
BuyReiterates$200+54.42%Jun 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.33B
from 2.67B
Increased by 24.64%
Revenue Next Year
3.90B
from 3.33B
Increased by 17.00%
EPS This Year
4.13
from 3.28
Increased by 25.83%
EPS Next Year
4.60
from 4.13
Increased by 11.40%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingJul 31, 2021Jul 31, 2022Jul 31, 2023Jul 31, 2024Jul 31, 2025Jul 31, 2026
Revenue
673.10M1.09B1.62B2.17B2.67B3.33B
Revenue Growth
56.07%62.08%48.22%34.07%23.31%24.64%
Gross Profit
524.02M850.11M1.26B1.69B2.06B2.66B
Gross Margin
77.85%77.92%77.63%78.08%76.99%79.99%
Operating Income
-206.50M-327.43M-228.06M-121.48M-122.22M756.15M
Net Income
-262.03M-390.28M-202.34M-57.71M-41.48M-72.24M
EPS
----3.284.13
EPS Growth
----2.82%25.83%
Forward PE
-167.4779.6958.4182.5431.38
Free Cash Flow
324.30M480.54M460.75M687.71M751.31M784.76M
No. Analysts
-----45
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High3.3B
Avg3.3B
Low3.3B

Revenue Growth

Revenue Growth202620272028
High
25.3%
Avg
24.6%
Low
24.4%

EPS Forecast

EPS202620272028
High4.33
Avg4.13
Low4.10

EPS Growth

EPS Growth202620272028
High
32.0%
Avg
25.8%
Low
25.0%