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Zscaler (ZS) Stock Forecast & Price Target

$181.82
-9.25 (-4.84%)
(As of 07/24/2024 ET)

Zscaler - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 35 Wall Street analysts who have issued ratings for Zscaler in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 35 analysts, 8 have given a hold rating, 26 have given a buy rating, and 1 has given a strong buy rating for ZS.

Consensus Price Target

$225.21
23.86% Upside
High Forecast$290.00
Average Forecast$225.21
Low Forecast$180.00

According to the 35 analysts' twelve-month price targets for Zscaler, the average price target is $225.21. The highest price target for ZS is $290.00, while the lowest price target for ZS is $180.00. The average price target represents a forecasted upside of 23.86% from the current price of $181.82.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
26 Buy rating(s)
27 Buy rating(s)
27 Buy rating(s)
22 Buy rating(s)
Hold
8 Hold rating(s)
6 Hold rating(s)
5 Hold rating(s)
13 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$225.21$225.21$230.24$171.74
Forecasted Upside23.86% Upside26.49% Upside16.72% Upside22.09% Upside
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ZS Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ZS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Zscaler Stock vs. The Competition

TypeZscalerComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.80
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside23.86% Upside123.82% Upside10.68% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2024Raymond James
4 of 5 stars
A. Tindle
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Initiated CoverageMarket Perform
7/16/2024Mizuho
2 of 5 stars
G. Moskowitz
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DowngradeOutperform ➝ Neutral$220.00 ➝ $220.00+7.60%
6/21/2024Cantor Fitzgerald
3 of 5 stars
Y. Lee
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Reiterated RatingNeutral ➝ Neutral$200.00 ➝ $200.00+11.86%
6/17/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$270.00 ➝ $270.00+45.94%
6/14/2024Needham & Company LLC
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 Reiterated RatingStrong-Buy ➝ Strong-Buy$290.00 ➝ $290.00+60.18%
6/14/2024BMO Capital Markets
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 Reiterated RatingOutperform ➝ Outperform$208.00 ➝ $208.00+14.89%
6/14/2024JPMorgan Chase & Co.
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 UpgradeNeutral ➝ Overweight$205.00 ➝ $230.00+27.04%
6/5/2024Citigroup
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 Lower TargetBuy ➝ Buy$270.00 ➝ $240.00+38.90%
6/4/2024Canaccord Genuity Group
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 Lower TargetBuy ➝ Buy$260.00 ➝ $220.00+29.53%
5/31/2024Barclays
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 Boost TargetOverweight ➝ Overweight$205.00 ➝ $210.00+24.40%
5/31/2024Loop Capital
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 Lower TargetHold ➝ Hold$225.00 ➝ $180.00+6.63%
5/31/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$250.00 ➝ $210.00+24.40%
5/31/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$215.00 ➝ $230.00+36.86%
5/31/2024Susquehanna
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 Lower TargetPositive ➝ Positive$275.00 ➝ $210.00+24.67%
5/31/2024Oppenheimer
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 Reiterated RatingOutperform ➝ Outperform$290.00 ➝ $260.00+54.37%
5/31/2024Sanford C. Bernstein
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 Lower TargetOutperform ➝ Outperform$280.00 ➝ $270.00+56.57%
5/31/2024BTIG Research
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 Lower TargetBuy ➝ Buy$258.00 ➝ $220.00+25.55%
5/29/2024UBS Group
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 Lower TargetBuy ➝ Buy$300.00 ➝ $270.00+62.83%
5/28/2024Rosenblatt Securities
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C. Trebnick
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Reiterated RatingBuy ➝ Neutral$190.00+10.70%
5/28/2024Wells Fargo & Company
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 Reiterated RatingOverweight ➝ Equal Weight$275.00 ➝ $182.00+6.04%
5/24/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$214.00 ➝ $202.00+17.50%
5/24/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$265.00 ➝ $260.00+51.24%
5/16/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$270.00 ➝ $220.00+21.46%
4/18/2024KeyCorp
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 UpgradeSector Weight ➝ Overweight$220.00+27.20%
4/1/2024Truist Financial
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 Reiterated RatingBuy ➝ Buy$260.00+34.36%
3/19/2024Macquarie
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 Reiterated RatingOutperform ➝ Outperform$245.00+27.53%
3/4/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$189.00 ➝ $215.00+0.13%
3/1/2024Wedbush
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 Boost TargetOutperform ➝ Outperform$250.00 ➝ $260.00+14.29%
11/28/2023Evercore ISI
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 Boost TargetOutperform ➝ Outperform$200.00 ➝ $215.00+12.68%
11/28/2023Piper Sandler
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 Boost TargetOverweight ➝ Overweight$190.00 ➝ $220.00+13.93%
11/28/2023Stephens
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 Boost TargetOverweight ➝ Overweight$200.00 ➝ $225.00+16.90%
11/28/2023TD Cowen
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 Boost TargetOutperform ➝ Outperform$195.00 ➝ $215.00+18.78%
10/19/2023Jefferies Financial Group
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 UpgradeHold ➝ Buy$170.00 ➝ $225.00+32.04%
9/6/2023Bank of America
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 Boost TargetBuy ➝ Buy$175.00 ➝ $180.00+10.61%
9/6/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$155.00 ➝ $185.00+13.68%
5/9/2023888
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 Reiterated RatingMaintains
3/17/2023Capital One Financial
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 Initiated CoverageEqual Weight$125.00+15.60%
3/15/2023Credit Suisse Group
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 Lower TargetOutperform$275.00 ➝ $165.00+52.82%
3/8/2023KGI Securities
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 DowngradeOutperform ➝ Neutral
1/17/2023Guggenheim
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 DowngradeBuy ➝ Neutral
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12/1/2022Redburn Partners
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Nina Marques
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Initiated CoverageNeutral$135.00+1.16%
11/28/2022MKM Partners
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Catharine Trebnick
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Lower TargetBuy ➝ Buy$225.00 ➝ $190.00+39.73%
10/7/2022Sumitomo Mitsui Financial Group
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 Initiated CoverageOutperform$220.00+20.27%
9/22/2022Moffett Nathanson
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 Initiated CoverageHold$268.00+55.92%
9/12/2022Wolfe Research
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 Boost TargetOutperform$204.00 ➝ $211.00+12.23%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 08:26 AM ET.

ZS Forecast - Frequently Asked Questions

What is Zscaler's forecast for 2024?

According to the research reports of 35 Wall Street equities research analysts, the average twelve-month stock price forecast for Zscaler is $225.21, with a high forecast of $290.00 and a low forecast of $180.00.

Should I buy or sell Zscaler stock right now?

35 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 8 hold ratings, 26 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ZS shares.

Does Zscaler's stock price have much upside?

According to analysts, Zscaler's stock has a predicted upside of 25.50% based on their 12-month stock forecasts.

Has Zscaler been upgraded or downgraded by Wall Street analysts recently?

Over the previous 90 days, Zscaler's stock had 1 upgrade and 1 downgrade by analysts.

Do Wall Street analysts like Zscaler more than its competitors?

Analysts like Zscaler more than other "computer and technology" companies. The consensus rating score for Zscaler is 2.80 while the average consensus rating score for "computer and technology" companies is 2.61. Learn more on how ZS compares to other companies.


This page (NASDAQ:ZS) was last updated on 7/25/2024 by MarketBeat.com Staff

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