Zscaler, Inc. (ZS) Analyst Ratings & Price Targets

Zscaler, Inc.

ZS · NASDAQ-GS

Analyst Consensus

Buy

38 analysts

$236

Current

$214

Low

$214

Average

$214

High

Average target implies -9.25% versus the current price.

Analyst Ratings Synthesis

Consensus is Buy across 38 analysts, with a mean price target of $200 versus the final weekly close of $187.30. The supplied consensus provides no low or high target, so it does not establish a complete target cluster or spread. A separate TipRanks snippet, based on 35 analysts, reports targets ranging from $145 to $250, showing substantial dispersion, but it does not identify the firms at either extreme. Guggenheim is specifically reported as having raised its target to $214 on June 1, while Evercore is identified as the latest downgrader. No analyst revision dated during August 24-27 is supplied. The spread reflects differing views on growth, profitability and valuation.

Rating Actions

2 firms captured

Firm	Analyst	Rating	Price Target	Upside	Date	Source
Guggenheim	—	Unrated Upgrade; raised price target	$214	-9.2%	Jun 1, 2026	Open the report this row came from
Evercore	—	Unrated Downgrade	—	—	May 27, 2026	Open the report this row came from

Rating actions are extracted from published reporting. Each row links to its source.

Research Reports

Zscaler (ZS) Ascends While Market Falls: Some Facts to NoteZacks
Uncertain

Links to freely available third-party research. Outlook labels are our classification of each article's stance, not a rating of our own.

Covering Firms

B OF A GLBL RES

BAIRD R W

BARCLAYS CAPITA

BMO CAPITAL MKT

BTIG

CANACCORD GENUI

CANTOR FITZGERA

CAP ONE SECURIT

CITIGROUP

CITIZENS JMP

DAIWA AMERICA

DEUTSCHE BK SEC

EVERCORE ISI

GOLDMAN SACHS

GUGGENHEIM SEC.

JEFFERIES & CO.

JP MORGAN SECUR

KEYBANC CAP MKT

LOOP CAPITAL MK

MACQUARIE CAPIT

MIZUHO SECURITI

MORGAN STANLEY

NEEDHAM & CO.

OPPENHEIMER HLD

PIPER SANDLER

RBC CAPITAL

ROSENBLATT SEC

SANFORD BERNSTE

SCOTIABANK

STEPHENS INC

STIFEL NICOLAUS

SUSQUEHANNA

TD COWEN

TRUIST SECURITI

UBS

WEDBUSH SECURIT

WELLS FARGO SEC

ZACKS RESEARCH

Symbol: ZS
Type: Stock
Sector: Technology
Industry: EDP Services
Exchange: NASDAQ-GS

Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust ExchangeTM platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across 200+ public data centers globally and thousands of private sites at the edge, the SASE-based Zero Trust Exchange is the world's largest in-line cloud security platform.

Key Issues

Bullish view

CrowdStrike and Okta both exceeded second-quarter expectations and raised their outlooks, while broader technology enthusiasm lifted cybersecurity shares. That peer performance can support continued investor interest in Zscaler.

Bearish view

The week’s evidence contains no positive Zscaler operating update, so the rally may reflect sympathy trading rather than improving company-specific fundamentals. A reversal in technology or cybersecurity sentiment could therefore pressure the stock.

Analyst Consensus

See all

Buy

38 analysts

$236

Current

$214

Low

$214

Average

$214

High

Average target implies -9.25% versus the current price.

Earnings History

BeatMissNo estimate

Zscaler, Inc.

Analyst Consensus

Analyst Ratings Synthesis

Rating Actions

Research Reports

Covering Firms

Peers