ZSZSTechnology · Software - Infrastructure

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

Last close, 30 Oct 2026
$238
−3.96% on the day

The 47 Wall Street analysts covering Zscaler, Inc. hold a median 12-month price target of $247 — +3.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 52 of 100 as at 31 Oct 2026 — in the upper half.

Market cap
$40.4B
Ticker Nerd rank
52/ 100
Median analyst target
$247
Analysts covering
47
Revenue$898.2M+24.9% y/y
Operating income−$3.4M
Net income−$3.4M
Free cash flow$60.8M
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−6.7%
1M
+19.3%
YTD
+5.8%
1Y
−26.1%
From 52W high
−29.2%
From 52W low
+101.6%
$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 31 Oct 2026
52/ 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
99
Accruals
66
Volatility
66
Quality
65
Growth
43
Momentum
41
Issuance
36
Value
33
Size
6

Revisions (99): Analysts have, on balance, been raising their forecasts.

Value (33): The shares cost a lot relative to the profits and assets behind them.

Size (6): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ 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$300Jan 26Apr 26Jul 26Oct 26ZSHigh $298Median $247Low $165

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

Data provided by Twelve Data

What Wall Street says47 analysts
36 Buy11 Hold0 Sell
Low $165Median $247High $298

The green dot is the last close — the median target sits +3.8% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 0 moved it down.

DateFirmActionRatingTarget
22 Oct 2026Freedom BrokerMaintainsBuy$230 → $270
21 Oct 2026DA DavidsonInitiatesNeutral$215
15 Oct 2026CitigroupMaintainsBuy$245 → $260
9 Oct 2026CitizensMaintainsMarket Outperform—
9 Oct 2026CitizensMaintainsMarket Outperform$210 → $265
8 Oct 2026AmerxInitiatesBuy—
8 Oct 2026AmerxInitiatesBuy$305
7 Oct 2026BairdMaintainsOutperform—
7 Oct 2026BairdMaintainsOutperform$230 → $285
7 Oct 2026BarclaysMaintainsOverweight$220 → $225
7 Oct 2026BarclaysMaintainsOverweight—
7 Oct 2026BNP ParibasReiteratesOutperform—
7 Oct 2026BNP ParibasReiteratesOutperform$230 → $250
7 Oct 2026BTIGReiteratesNeutral—
7 Oct 2026BTIGReiteratesNeutral—
7 Oct 2026Canaccord GenuityMaintainsBuy$210 → $250
7 Oct 2026Canaccord GenuityMaintainsBuy—
7 Oct 2026Cantor FitzgeraldMaintainsOverweight—
7 Oct 2026Cantor FitzgeraldMaintainsOverweight$225 → $275
7 Oct 2026CitigroupMaintainsBuy$205 → $245

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.

ZS appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. Unsubscribe any time.

The AI build-out map
PDF
  • AI cloud capacity

    MSFTAMZNGOOGLORCL

  • AI chips

    NVDAAVGOAMDMU

  • AI networking and serversIn full

    ANETDELLLITECRDO

  • Data centre power

    VRTCEGGEVVST

Performance

ZS vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 30 Oct 2026, Zscaler, Inc. returned −26.1% against +12.4% for the S&P 500, dividends included.

ZS vs S&P 500, last 12 monthsTotal return, rebased to 100
406080100120Jan 26Apr 26Jul 26Oct 26ZSS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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 movingThis fiscal year
EPS revision, 90 days
+6.8%
Analysts raising
2
Analysts cutting
0
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
−607.4×

Cheaper than 99% of US stocks

Price / sales
11.4×

Cheaper than 12% of US stocks

Price / book
14.7×

Cheaper than 6% of US stocks

EV / EBITDA
884.9×

Cheaper than 1% of US stocks

Growth & margins
Revenue growth (YoY)
24.9%

Higher than 74% of US stocks

Earnings growth (YoY)
24.9%

Higher than 63% of US stocks

Gross margin
76.7%

Higher than 88% of US stocks

Operating margin
−1.0%

Higher than 31% of US stocks

Net margin
−1.9%

Higher than 27% of US stocks

Returns & dividend
Return on equity
−2.9%

Higher than 41% of US stocks

Return on assets
−1.0%

Higher than 40% of US stocks

Dividend yield
0.0%

Higher than 1% of US dividend payers

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

Key statistics

Zscaler, Inc. (ZS) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Zscaler, Inc. has a market value of $40.4B and an enterprise value of $38.8B.

  • Revenue in the twelve months to 31 July 2026: $3.4B. The latest quarter grew 24.9% year on year.

  • Net income over the same four quarters: −$63.2M, a −1.9% net margin.

  • Diluted earnings per share, trailing twelve months: $−0.39.

  • Free cash flow in the twelve months to 31 July 2026: $779.1M, after $73.2M of capital spending.

  • Shares outstanding: 163.1M.

  • Trailing P/E: −607.4×; forward P/E: 41.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.00%, paying out 0% of earnings.

  • Zscaler, Inc. employs 8,700 people — $385K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 30 Oct 2026

Data provided by Twelve Data

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.$40.4B52
NTAPNetApp, Inc.$39.4B99
OKTAOkta, Inc.$36.5B83
XYZBlock, Inc.$46.3B49
TWLOTwilio, Inc.$31.1B82
CRWVCoreWeave, Inc.$30.0B6
MDBMongoDB, Inc.$28.4B83

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

Software Stocks Are Getting Crushed Again After Hours

24/7 Wall Street · 29 Oct 2026negative

Fortinet and ServiceNow reported revenue above estimates after the close, but both stocks fell sharply, pulling down dozens of other software stocks. The report describes this as a troubling pattern for the sector in 2026.

Why it matters — Zscaler watchers may note the broader software-sector weakness affecting stocks beyond the companies reporting results.

Zscaler (ZS) Stock Dips While Market Gains: Key Facts

Zacks Investment Research · 28 Oct 2026negative

Zscaler shares closed at $255.91, down 1.63% from the previous close, while the broader market gained.

Why it matters — The item reports a decline in ZS shares on a day when the market advanced.

Netskope Vs. Zscaler: The Challenger Is Catching Up

Seeking Alpha · 27 Oct 2026negative

The Seeking Alpha excerpt rates Netskope Strong Buy and Zscaler Buy, citing demand for cloud-delivered security amid ransomware threats and AI-driven vulnerabilities. It says Netskope is improving growth and margins, while Zscaler faces growth deceleration, leadership turnover, and capex risks.

Why it matters — The comparison highlights competitive gains by Netskope and execution concerns that may matter to Zscaler watchers.

Zscaler vs. Alphabet: Which Cloud Security Stock Has the Edge?

Zacks Investment Research · 27 Oct 2026neutral

Zacks compares Zscaler and Alphabet as companies targeting AI-driven cloud security demand. It says growth, earnings revisions and valuation are likely to determine which stock has the edge.

Why it matters — The comparison highlights the growth, earnings revisions and valuation factors relevant to assessing Zscaler against Alphabet.

Zscaler, Inc. (ZS) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research · 27 Oct 2026neutral

Zscaler has recently been among the stocks most watched by Zacks.com users. The item says it is worth exploring what may lie ahead for the stock.

Why it matters — ZS watchers may find the recent attention a reason to review the stock and the article’s discussion.

FAQ

Frequently asked questions about ZS stock

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

The 47 Wall Street analysts covering Zscaler, Inc. have a median 12-month price target of $247, with estimates ranging from $165 to $298. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is ZS stock a buy right now?

Of the 47 analysts covering Zscaler, Inc., 36 rate it a Buy, 11 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Zscaler, Inc. 52 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank ZS?

As at 31 Oct 2026, Zscaler, Inc. ranks 52 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 (99 of 100).

Will ZS stock go up?

No one can know that. What the data says: the median 12-month target from 47 analysts implies +3.8% from the last close, and Ticker Nerd's factor model ranks Zscaler, Inc. 52 out of 100 as at 31 Oct 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: $165 to $298 over the next 12 months.

How has ZS stock performed over the past year?

Zscaler, Inc. returned -26.1% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Zscaler, Inc. do?

Zscaler Inc. is a cloud security company that provides software-based services designed to secure users, devices, applications, and data in modern digital environments.

What is the latest news on ZS?

The most recent item we track (24/7 Wall Street, 29 Oct 2026): "Software Stocks Are Getting Crushed Again After Hours". Fortinet and ServiceNow reported revenue above estimates after the close, but both stocks fell sharply, pulling down dozens of other software stocks. The report describes this as a troubling pattern for the sector in 2026.

Company

About Zscaler, Inc.

Zscaler Inc. is a cloud security company that provides software-based services designed to secure users, devices, applications, and data in modern digital environments. Its cloud-native Zero Trust Exchange platform supports secure internet access, private application access, data protection, and digital experience monitoring, helping organizations replace traditional network security appliances with cloud-delivered controls. Zscaler serves enterprises across industries such as financial services, healthcare, public sector, retail, manufacturing, and technology, where secure remote access and protection against cyber threats are critical. The company’s offerings are delivered as subscription services and are used to support secure connectivity, policy enforcement, and visibility across distributed workforces and cloud applications. Zscaler Inc. is headquartered in San Jose, California.

CEO Mr. Jagtar Singh Chaudhry · 8,700 employees · United States · https://www.zscaler.com