Zscaler, Inc. (ZS)

NASDAQ: ZS · Real-Time Price · USD

220.43

-0.36 (-0.16%)

At close: Oct 15, 2026, 4:00 PM EDT

220.01

-0.42 (-0.19%)

After-hours: Oct 15, 2026, 7:56 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 $233.72. The average 1-year stock price forecast is 6.03% higher than the current stock price, while the lowest is $164.75 (-25.26%) and the highest is $298 (+35.19%).

Price Target: $233.72 (+6.03%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$164.75	$233.72	$242.5	$298
Change	-25.26%	+6.03%	+10.01%	+35.19%

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

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	30	30	30	29	29	29
Buy	8	8	8	8	7	7
Hold	9	8	8	9	10	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	47	46	46	46	46	46

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Fatima Boolani Citi	Citi	Buy Reiterates $245 → $260	Buy	Reiterates	$245 → $260	+17.95%	Oct 15, 2026
Jonathan Ruykhaver Cantor Fitzgerald	Cantor Fitzgerald	Buy Reiterates $225 → $275	Buy	Reiterates	$225 → $275	+24.76%	Oct 12, 2026
Rustam Kanga Citizens JMP	Citizens JMP	Buy Maintains $210 → $265	Buy	Maintains	$210 → $265	+20.22%	Oct 9, 2026
Joseph Gallo Jefferies	Jefferies	Buy Maintains $220 → $250	Buy	Maintains	$220 → $250	+13.41%	Oct 7, 2026
Roger Boyd UBS	UBS	Buy Maintains $225 → $250	Buy	Maintains	$225 → $250	+13.41%	Oct 7, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

3.93B

from 3.35B

17.27%

from 3.35B

Revenue Next Year

4.58B

from 3.93B

16.48%

from 3.93B

EPS This Year

4.91

from 4.21

16.58%

from 4.21

EPS Next Year

5.62

from 4.91

14.57%

from 4.91

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jul 31, 2022	Jul 31, 2023	Jul 31, 2024	Jul 31, 2025	Jul 31, 2026	Jul 31, 2027
Revenue	1.09B	1.62B	2.17B	2.67B	3.35B	3.93B
Revenue Growth	62.08%	48.22%	34.07%	23.31%	25.42%	17.27%
Gross Profit	850.11M	1.26B	1.69B	2.06B	2.58B	3.14B
Gross Margin	77.92%	77.63%	78.08%	76.99%	76.87%	79.95%
Operating Income	-327.43M	-228.06M	-121.48M	-122.22M	-118.01M	932.00M
Net Income	-390.28M	-202.34M	-57.71M	-41.48M	-63.18M	-8.82M
EPS	-	-	-	-	4.21	4.91
EPS Growth	-	-	-	-	28.35%	16.58%
Forward PE	167.47	79.69	58.41	82.54	34.07	44.91
Free Cash Flow	-	-	-	-	779.14M	913.52M
No. Analysts	-	-	-	-	-	45

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	4.0B
Avg	3.9B
Low	3.9B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	20.7%
Avg	17.3%
Low	16.9%

EPS Forecast

Chart

EPS	2027	2028	2029
High	5.42
Avg	4.91
Low	4.86

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	28.7%
Avg	16.6%
Low	15.4%