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ZS
Volume: 2.18M
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Zscaler (ZS) Stock Forecast & Price Target

Zscaler (ZS) Analyst Ratings

Based on 33 analyst ratings
Buy
Strong Buy 33%
Buy 52%
Hold 15%
Sell 0%
Strong Sell 0%

Bulls say

Zscaler has reported a significant increase in its annual recurring revenue (ARR) for data security, achieving $425 million in the fourth quarter of FY25, which reflects a $75 million growth from the previous quarter. The company has also seen substantial momentum in its Z-Flex program, resulting in over $100 million in total contract value (TCV) bookings, up 50% sequentially, indicating strong demand for its services. Additionally, the firm has improved its non-GAAP operating and free cash flow margins over the past four years, highlighting the effectiveness of its revenue growth and operational efficiency.

Bears say

Zscaler's revenue growth has shown a significant decline, expected to decelerate to 19% year-over-year in FY26 from a high of 62% in FY22, indicating a troubling trend as the company transitions from hypergrowth to a more sustainable growth rate amid a challenging economic climate. Additionally, Zscaler faces increased budget scrutiny, which is exacerbated by a tougher competitive landscape and has resulted in a decrease in job postings, signaling potential operational challenges. The company's sub-category performance is underwhelming, with a 9% CAGR in the firewall/UTM sector, which is lagging behind broader security market averages, ultimately reflecting a concerning outlook for Zscaler's future growth potential.

Zscaler (ZS) has been analyzed by 33 analysts, with a consensus rating of Buy. 33% of analysts recommend a Strong Buy, 52% recommend Buy, 15% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Zscaler and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Zscaler (ZS) Forecast

Analysts have given Zscaler (ZS) a Buy based on their latest research and market trends.

According to 33 analysts, Zscaler (ZS) has a Buy consensus rating as of Nov 16, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $318.30, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $318.30, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Zscaler (ZS)

Volume: 2.18M

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