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ZSZSTechnology · Software - Infrastructure

ZS Stock Forecast: Zscaler, Inc. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$184
−2.43% on the day

The 46 Wall Street analysts covering Zscaler, Inc. hold a median 12-month price target of $188 — +2.1% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 34 of 100 as at 15 Aug 2026 — in the lower half.

Market cap
$29.7B
Ticker Nerd rank
34 / 100
Median analyst target
$188
Analysts covering
46
Total return, dividends reinvested
1W
+8.8%
1M
+20.7%
YTD
−18.4%
1Y
−32.2%
From 52W high
−45.4%
From 52W low
+55.5%
$118
$336
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

ZS stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Zscaler, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
34 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
82
Volatility
69
Quality
67
Accruals
66
Value
37
Growth
36
Momentum
21
Issuance
19
Size
8

Revisions (82): Analysts have, on balance, been raising their forecasts.

Issuance (19): The company has been issuing shares or taking on financing, diluting existing holders.

Size (8): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

ZS stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on ZS, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$100$150$200$250$300$350Oct 25Jan 26Apr 26Jul 26ZSHigh $250Median $188Low $145

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says46 analysts
37 Buy9 Hold0 Sell
Low $145Median $188High $250

The green dot is the last close — the median target sits +2.1% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
16 July 2026KeybancMaintainsOverweight$176 → $185
25 June 2026KeybancMaintainsOverweight—
12 June 2026Stephens & Co.ReiteratesOverweight—
11 June 2026Canaccord GenuityMaintainsBuy—
10 June 2026Cantor FitzgeraldReiteratesOverweight—
10 June 2026GuggenheimReiteratesBuy—
10 June 2026MacquarieMaintainsOutperform—
10 June 2026NeedhamReiteratesBuy—
10 June 2026RBC CapitalReiteratesOutperform—
10 June 2026RosenblattMaintainsBuy—
10 June 2026WedbushReiteratesOutperform—
1 June 2026GuggenheimUpgradeBuy—
28 May 2026Wells FargoMaintainsOverweight—
27 May 2026B. Riley SecuritiesMaintainsBuy—
27 May 2026BarclaysMaintainsOverweight—
27 May 2026BMO CapitalMaintainsOutperform—
27 May 2026Cantor FitzgeraldMaintainsOverweight—
27 May 2026CitigroupMaintainsBuy—
27 May 2026GuggenheimReiteratesNeutral—
27 May 2026JP MorganMaintainsOverweight—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. ZS appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

ZS analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+2.7%
Analysts raising
44
Analysts cutting
1
Fundamentals

Zscaler, Inc. (ZS) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
−679.9×

Cheaper than 99% of US stocks

Price / sales
9.4×

Cheaper than 15% of US stocks

Price / book
12.5×

Cheaper than 8% of US stocks

EV / EBITDA
−460.9×

Cheaper than 99% of US stocks

Growth & margins
Revenue growth (YoY)
25.4%

Higher than 75% of US stocks

Earnings growth (YoY)
25.4%

Higher than 63% of US stocks

Gross margin
77.3%

Higher than 89% of US stocks

Operating margin
−3.3%

Higher than 29% of US stocks

Net margin
−2.4%

Higher than 27% of US stocks

Returns & dividend
Return on equity
−3.7%

Higher than 40% of US stocks

Return on assets
−1.4%

Higher than 38% of US stocks

Dividend yield
—

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

ZS vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelSoftware - Infrastructure
CompanyMarket capTKN rank
ZSZscaler, Inc.$29.7B
34
CPAYCorpay, Inc.$27.6B
69
VRSNVeriSign, Inc.$26.1B
68
OKTAOkta, Inc.$25.9B
80
TWLOTwilio, Inc.$36.2B
82
MDBMongoDB, Inc.$37.0B
79
IOTSamsara, Inc.$23.3B
66

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Zscaler, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest ZS news & analysis

Zscaler Increases CapEx: Can AI-Led Demand Justify Higher Spending?

Zacks Investment Research · 14 Aug 2026neutral

Zscaler is increasing its capital expenditures to support demand for AI-related security services, according to Zacks Investment Research. The company faces higher infrastructure costs that could pressure near-term free cash flow.

Why it matters — ZS watchers would care because this spending signals growing AI security demand while highlighting potential near-term pressure on free cash flow from higher infrastructure costs.

Zscaler (ZS) Advances While Market Declines: Some Information for Investors

Zacks Investment Research · 11 Aug 2026positive

Zscaler (ZS) closed the recent trading session at $178.55, a +1.06% gain from its prior day's close, advancing even as the broader market declined. The article presents this price movement as information for investors.

Why it matters — A ZS watcher would note that the stock moved higher against a declining market, reflecting relative strength in the current session.

Is Zscaler's Discounted Valuation a Buying Opportunity or a Value Trap?

Zacks Investment Research · 10 Aug 2026negative

Zacks Investment Research reports that Zscaler's discounted valuation may appear attractive, but the article highlights slowing growth, higher spending, and execution risks that raise concerns for investors.

Why it matters — A ZS watcher would care because the piece weighs whether the lower valuation offsets the company's growth and spending challenges.

Zscaler to Host Fourth Quarter Fiscal Year 2026 Earnings Conference Call

GlobeNewsWire · 6 Aug 2026neutral

Zscaler announced it will release fourth quarter fiscal year 2026 earnings after market close on Thursday, September 3, 2026, and will host an investor conference call that day at 1:30 p.m. Pacific time to discuss the results.

Why it matters — A Zscaler watcher would care because the announcement sets the date for the company's quarterly financial results and its scheduled investor conference call.

Zscaler: Investing Is Worthy Only Beyond Market Hypes And Worries

Seeking Alpha · 5 Aug 2026positive

A Seeking Alpha author rates Zscaler Bullish and advises accumulation during CapEx-driven multiple compressions as the company shifts from seat-based licensing to a tokenized M2M/A2A consumption model. Non-seat ACV now exceeds 30% of new business and ARR for these offerings is growing over 100% year over year, while the firm guides FY2026 FCF margin to about 23.05% with further CapEx increases expected in FY2027.

Why it matters — Zscaler watchers would care because the analysis highlights both a strategic transition to consumption-based offerings with fast-growing non-seat revenue and mounting CapEx and FCF margin pressure tied to AI-driven edge compute.

FAQ

Frequently asked questions about ZS stock

What is the ZS stock price forecast for 2026-2027?

The 46 Wall Street analysts covering Zscaler, Inc. have a median 12-month price target of $188, with estimates ranging from $145 to $250. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ZS stock a buy right now?

Of the 46 analysts covering Zscaler, Inc., 37 rate it a Buy, 9 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Zscaler, Inc. 34 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ZS?

As at 15 Aug 2026, Zscaler, Inc. ranks 34 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (82 of 100).

Will ZS stock go up?

No one can know that. What the data says: the median 12-month target from 46 analysts implies +2.1% from the last close, and Ticker Nerd's factor model ranks Zscaler, Inc. 34 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the ZS stock forecast for 2030?

No analyst covering Zscaler, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for ZS are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $145 to $250 over the next 12 months.

How has ZS stock performed over the past year?

Zscaler, Inc. returned -32.2% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Zscaler, Inc. do?

Zscaler Inc. is a cybersecurity company that delivers cloud-native security solutions to enterprises globally.

What is the latest news on ZS?

The most recent item we track (Zacks Investment Research, 14 Aug 2026): "Zscaler Increases CapEx: Can AI-Led Demand Justify Higher Spending?". Zscaler is increasing its capital expenditures to support demand for AI-related security services, according to Zacks Investment Research. The company faces higher infrastructure costs that could pressure near-term free cash flow.

Company

About Zscaler, Inc.

Zscaler Inc. is a cybersecurity company that delivers cloud-native security solutions to enterprises globally. Its primary role is to secure user, workload, and device access to applications and data across distributed and hybrid IT environments. Zscaler operates a multi-tenant, software-as-a-service platform known for its Zero Trust Exchange architecture, which inspects and secures traffic without relying on traditional network perimeters. The company’s core products include Zscaler Internet Access for secure connections to external applications and the internet, and Zscaler Private Access for secure remote access to internal applications hosted in data centers or public clouds. Additional offerings such as Zscaler Cloud Protection and Zscaler Digital Experience extend security and visibility to cloud workloads and user experience monitoring. Serving primarily large and mid-sized organizations, Zscaler plays a significant role in enabling secure digital transformation and cloud adoption. Founded in 2007 and headquartered in San Jose, California, Zscaler is positioned within the technology sector as a key provider of cloud-based cybersecurity infrastructure.

CEO Mr. Jagtar Singh Chaudhry · 7,923 employees · United States · https://www.zscaler.com