Zscaler, Inc. (ZS)
NASDAQ: ZS · IEX Real-Time Price · USD
176.76
+5.79 (3.39%)
Apr 23, 2024, 1:02 PM EDT - Market open

Zscaler Stock Forecast

Stock Price Forecast

The 35 analysts with 12-month price forecasts for Zscaler stock have an average target of 226.94, with a low estimate of 165 and a high estimate of 290. The average target predicts an increase of 28.39% from the current stock price of 176.76.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $165 $226.94 $220 $290
Change -6.65% +28.39% +24.46% +64.06%

Analyst Ratings

The average analyst rating for Zscaler stock from 35 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 121213131313
Buy 131515151516
Hold 978876
Sell 000000
Strong Sell 000000
Total 343436363535

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keybanc
Keybanc
Buy
Upgrades
$220
Buy Upgrades $220 +24.46% Apr 18, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$230
Hold Reiterates $230 +30.12% Apr 17, 2024
Truist Securities
Truist Securities
Strong Buy
Reiterates
$260
Strong Buy Reiterates $260 +47.09% Apr 1, 2024
Cantor Fitzgerald
Cantor Fitzgerald
Hold
Reiterates
$230
Hold Reiterates $230 +30.12% Mar 27, 2024
Macquarie
Macquarie
Buy
Maintains
$245
Buy Maintains $245 +38.61% Mar 19, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
2.18B
from 1.62B
Increased by 35.01%
Revenue Next Year
2.74B
from 2.18B
Increased by 25.61%
EPS This Year
2.85
from -1.40
EPS Next Year
3.38
from 2.85
Increased by 18.70%
Year 2019202020212022202320242025202620272028
Revenue
302.84M431.27M673.10M1.09B1.62B2.18B2.74B3.41B4.34B5.39B
Revenue Growth
59.24%42.41%56.07%62.08%48.22%35.01%25.61%24.22%27.45%24.16%
EPS
-0.23-0.89-1.93-2.77-1.402.853.384.255.147.11
EPS Growth
------18.70%25.74%20.99%38.28%
No. Analysts -----45453344
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.3B 3.0B 3.9B 4.7B 5.8B
Avg 2.2B 2.7B 3.4B 4.3B 5.4B
Low 1.9B 2.5B 3.1B 3.9B 4.8B

Revenue Growth

Revenue Growth 20242025202620272028
High
42.2%
38.8%
43.2%
36.6%
34.0%
Avg
35.0%
25.6%
24.2%
27.5%
24.2%
Low
20.5%
15.5%
11.9%
15.0%
9.6%

EPS Forecast

EPS 20242025202620272028
High 3.65 5.75 8.16 5.24 7.25
Avg 2.85 3.38 4.25 5.14 7.11
Low 1.98 2.79 3.19 4.89 6.76

EPS Growth

EPS Growth 20242025202620272028
High -
102.2%
141.5%
23.3%
41.0%
Avg -
18.7%
25.7%
21.0%
38.3%
Low -
-1.9%
-5.7%
15.1%
31.6%
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.