ZSTechnology · Software - InfrastructureThe 46 Wall Street analysts covering Zscaler, Inc. hold a median 12-month price target of $215 — -0.8% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 44 of 100 as at 8 Oct 2026 — in the lower half.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Revisions (97): Analysts have, on balance, been raising their forecasts.
Momentum (32): The shares have been drifting down relative to others.
Size (7): 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.
The bullish and bearish analyst opinions on ZS, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits −0.8% from it.
Of the 20 most recent actions, 8 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 29 Sept 2026 | Barclays | Maintains | Overweight | $200 → $220 |
| 28 Sept 2026 | Wedbush | Reiterates | Outperform | $215 |
| 25 Sept 2026 | Mizuho | Maintains | Outperform | $210 → $220 |
| 25 Sept 2026 | RBC Capital | Maintains | Outperform | $210 → $236 |
| 17 Sept 2026 | Bernstein | Maintains | Outperform | $224 → $298 |
| 17 Sept 2026 | Bernstein | Maintains | Outperform | — |
| 11 Sept 2026 | Wedbush | Assumes | Outperform | $215 |
| 8 Sept 2026 | Citigroup | Maintains | Buy | $175 → $205 |
| 8 Sept 2026 | Citigroup | Maintains | Buy | — |
| 4 Sept 2026 | Baird | Maintains | Outperform | $220 → $230 |
| 4 Sept 2026 | Baird | Maintains | Outperform | — |
| 4 Sept 2026 | Barclays | Maintains | Overweight | $192 → $200 |
| 4 Sept 2026 | Barclays | Maintains | Overweight | — |
| 4 Sept 2026 | BMO Capital | Maintains | Outperform | — |
| 4 Sept 2026 | BMO Capital | Maintains | Outperform | $178 → $200 |
| 4 Sept 2026 | BTIG | Reiterates | Neutral | — |
| 4 Sept 2026 | BTIG | Reiterates | Neutral | — |
| 4 Sept 2026 | Canaccord Genuity | Maintains | Buy | $210 |
| 4 Sept 2026 | Canaccord Genuity | Maintains | Buy | — |
| 4 Sept 2026 | Cantor Fitzgerald | Reiterates | Overweight | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 8 Oct 2026, Zscaler, Inc. returned −30.9% against +16.2% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 99% of US stocks
Cheaper than 14% of US stocks
Cheaper than 7% of US stocks
Cheaper than 1% of US stocks
Higher than 74% of US stocks
Higher than 62% of US stocks
Higher than 88% of US stocks
Higher than 31% of US stocks
Higher than 28% of US stocks
Higher than 41% of US stocks
Higher than 39% of US stocks
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.
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 $34.6B and an enterprise value of $33.0B.
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.
Trailing P/E: −541.0×; forward P/E: 37.9× — 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.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Zscaler (ZS) settled at $218 on the latest trading day, up 2.08% from its previous close, while the broader market dipped.
Why it matters — The report notes ZS's positive daily move despite the market's decline, a trading detail relevant to investors following the stock.
Zscaler shares rallied 45% over three months, with strong demand for AI security and an attractive valuation cited as support. The excerpt also flags slowing growth and rising costs as risks.
Why it matters — These competing factors are relevant to ZS watchers assessing the company’s recent share performance and business risks.
Zscaler reaffirmed its first-quarter and fiscal 2027 guidance at its investor day. Jefferies said the reaffirmation supports confidence in near-term growth, while describing the $10 billion fiscal 2031 ARR target as ambitious.
Why it matters — The update addresses near-term guidance and concerns about go-to-market leadership changes, while highlighting Jefferies' reservations about the long-term ARR target.
Eight firms raised their price targets for Zscaler, while one analyst set a target below the stock’s current trading level. The excerpt says the disagreement highlights a fault line ahead of the next earnings report.
Why it matters — The contrasting analyst views give ZS watchers differing expectations to weigh ahead of the company’s next earnings report.
Zscaler CFO Kevin Rubin discussed the company’s reaffirmation of first-quarter and full-year FY27 guidance during its investor day. He cited customer efforts to defend against cyberattacks from AI agents as AI becomes a major demand tailwind for Zscaler.
Why it matters — The comments connect Zscaler’s guidance reaffirmation with customer demand for cybersecurity amid the rise of AI agents.
The 46 Wall Street analysts covering Zscaler, Inc. have a median 12-month price target of $215, with estimates ranging from $155 to $298. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 46 analysts covering Zscaler, Inc., 36 rate it a Buy, 10 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Zscaler, Inc. 44 out of 100 across roughly 4,600 US stocks as at 8 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 8 Oct 2026, Zscaler, Inc. ranks 44 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 (97 of 100).
No one can know that. What the data says: the median 12-month target from 46 analysts implies -0.8% from the last close, and Ticker Nerd's factor model ranks Zscaler, Inc. 44 out of 100 as at 8 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $155 to $298 over the next 12 months.
Zscaler, Inc. returned -30.9% over the 12 months to 8 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Zscaler Inc. is a cloud security company that provides software-based services designed to secure users, devices, applications, and data in modern digital environments.
The most recent item we track (Zacks Investment Research, 8 Oct 2026): "Zscaler (ZS) Rises As Market Takes a Dip: Key Facts". Zscaler (ZS) settled at $218 on the latest trading day, up 2.08% from its previous close, while the broader market dipped.
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
