Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
224.44
-0.65 (-0.29%)
At close: Nov 4, 2026, 4:00 PM EST
223.75
-0.69 (-0.31%)
After-hours: Nov 4, 2026, 7:59 PM EST

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 $235.19. The average 1-year stock price forecast is 4.79% higher than the current stock price, while the lowest is $164.75 (-26.60%) and the highest is $298 (+32.77%).

Price Target: $235.19 (+4.79%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$164.75$235.19$247$298
Change-26.60%+4.79%+10.05%+32.77%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy303030292929
Buy888877
Hold98891011
Sell000000
Strong Sell000000
Total474646464647

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Bank of America Securities
Bank of America Securities
Buy
Maintains
$240 → $285
BuyMaintains$240 → $285+26.98%Oct 26, 2026
Freedom Capital Markets
Freedom Capital Markets
Buy
Maintains
$230 → $270
BuyMaintains$230 → $270+20.30%Oct 22, 2026
D.A. Davidson
D.A. Davidson
Hold
Initiates
$215
HoldInitiates$215-4.21%Oct 20, 2026
Citi
Citi
Buy
Maintains
$245 → $260
BuyMaintains$245 → $260+15.84%Oct 15, 2026
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Reiterates
$225 → $275
BuyReiterates$225 → $275+22.53%Oct 12, 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 16.47%
EPS This Year
4.91
from 4.21
Increased by 16.57%
EPS Next Year
5.62
from 4.91
Increased by 14.57%
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%79.96%
Operating Income
-327.43M-228.06M-121.48M-122.22M-118.01M931.95M
Net Income
-390.28M-202.34M-57.71M-41.48M-63.18M-8.82M
EPS
----4.214.91
EPS Growth
----28.35%16.57%
Forward PE
167.4779.6958.4182.5434.0745.73
Free Cash Flow
----779.14M913.54M
No. Analysts
-----46
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%