Zscaler, Inc. (ZS)
NASDAQ: ZS · Real-Time Price · USD
169.80
-8.00 (-4.50%)
At close: Sep 4, 2026, 4:00 PM EDT
169.10
-0.70 (-0.41%)
After-hours: Sep 4, 2026, 7:59 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 $206.34. The average 1-year stock price forecast is 21.52% higher than the current stock price, while the lowest is $155 (-8.72%) and the highest is $250 (+47.23%).

Price Target: $206.34 (+21.52%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$155$206.34$210$250
Change-8.72%+21.52%+23.67%+47.23%

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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy333230303027
Buy878888
Hold999889
Sell000000
Strong Sell000000
Total504847464644

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$200
BuyMaintains$200+17.79%Sep 4, 2026
UBS
UBS
Buy
Maintains
$225
BuyMaintains$225+32.51%Sep 4, 2026
Deutsche Bank
Deutsche Bank
Buy
Reiterates
$175$215
BuyReiterates$175$215+26.62%Sep 4, 2026
Oppenheimer
Oppenheimer
Buy
Reiterates
$250
BuyReiterates$250+47.23%Sep 4, 2026
Truist Financial
Truist Financial
Buy
Reiterates
$200
BuyReiterates$200+17.79%Sep 4, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
3.93B
from 3.35B
Increased by 17.25%
Revenue Next Year
4.57B
from 3.93B
Increased by 16.34%
EPS This Year
4.90
from 4.21
Increased by 16.50%
EPS Next Year
5.55
from 4.90
Increased by 13.24%
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%17.25%
Gross Profit
850.11M1.26B1.69B2.06B2.57B3.15B
Gross Margin
77.92%77.63%78.08%76.99%76.80%80.06%
Operating Income
-327.43M-228.06M-121.48M-122.22M-133.27M933.18M
Net Income
-390.28M-202.34M-57.71M-41.48M-63.18M-33.20M
EPS
----4.214.90
EPS Growth
----28.35%16.50%
Forward PE
167.4779.6958.4182.5434.0734.62
Free Cash Flow
480.54M460.75M687.71M751.31M246.80M923.46M
No. Analysts
-----35
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
16.7%

EPS Forecast

EPS202720282029
High5.42
Avg4.90
Low4.86

EPS Growth

EPS Growth202720282029
High
28.7%
Avg
16.5%
Low
15.4%