Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
193.05
-21.59 (-10.06%)
At close: Sep 25, 2026, 4:00 PM EDT
193.32
+0.27 (0.14%)
After-hours: Sep 25, 2026, 5:59 PM EDT

Zscaler Stock Forecast

Stock Price Forecast

According to 46 analysts polled by S&P Global, Zscaler stock has a consensus rating of "Buy" and an average price target of $208.86. The average 1-year stock price forecast is 8.19% higher than the current stock price, while the lowest is $155 (-19.71%) and the highest is $298 (+54.36%).

Price Target: $208.86 (+8.19%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$155$208.86$210$298
Change-19.71%+8.19%+8.78%+54.36%

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

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy323030302929
Buy788887
Hold9988910
Sell000000
Strong Sell000000
Total484746464646

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Buy
Maintains
$220
BuyMaintains$220+13.96%Sep 25, 2026
Evercore ISI
Evercore ISI
Hold
Maintains
$155
HoldMaintains$155-19.71%Sep 25, 2026
Oppenheimer
Oppenheimer
Buy
Reiterates
$250
BuyReiterates$250+29.50%Sep 25, 2026
RBC Capital
RBC Capital
Buy
Maintains
$210 → $236
BuyMaintains$210 → $236+22.25%Sep 25, 2026
Mizuho Securities
Mizuho Securities
Buy
Maintains
$210 → $220
BuyMaintains$210 → $220+13.96%Sep 25, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.93B
from 3.35B
Increased by 17.27%
Revenue Next Year
4.58B
from 3.93B
Increased by 16.42%
EPS This Year
4.91
from 4.21
Increased by 16.58%
EPS Next Year
5.60
from 4.91
Increased by 14.14%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJul 31, 2022Jul 31, 2023Jul 31, 2024Jul 31, 2025Jul 31, 2026Jul 31, 2027
Revenue
1.09B1.62B2.17B2.67B3.35B3.93B
Revenue Growth
62.08%48.22%34.07%23.31%25.42%17.27%
Gross Profit
850.11M1.26B1.69B2.06B2.58B3.14B
Gross Margin
77.92%77.63%78.08%76.99%76.87%79.95%
Operating Income
-327.43M-228.06M-121.48M-122.22M-118.01M931.97M
Net Income
-390.28M-202.34M-57.71M-41.48M-63.18M-7.90M
EPS
----4.214.91
EPS Growth
----28.35%16.58%
Forward PE
167.4779.6958.4182.5434.0739.33
Free Cash Flow
----779.14M917.43M
No. Analysts
-----45
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High4.0B
Avg3.9B
Low3.9B

Revenue Growth

Revenue Growth202720282029
High
20.7%
Avg
17.3%
Low
16.9%

EPS Forecast

EPS202720282029
High5.42
Avg4.91
Low4.86

EPS Growth

EPS Growth202720282029
High
28.7%
Avg
16.6%
Low
15.4%