Zscaler (NASDAQ:ZS) Price Target Raised to $285.00

Posted by Stanley Muller on Oct 10th, 2026

Zscaler (NASDAQ:ZS – Free Report) had its price objective raised by Robert W. Baird from $230.00 to $285.00 in a research note issued to investors on Wednesday, Marketbeat Ratings reports. They currently have an outperform rating on the stock.

A number of other brokerages also recently weighed in on ZS. TD Cowen reissued a “buy” rating and set a $200.00 price target on shares of Zscaler in a research report on Friday, September 4th. Piper Sandler raised their price objective on Zscaler from $160.00 to $175.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. JPMorgan Chase & Co. lifted their target price on Zscaler from $205.00 to $215.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 26th. Roth Capital reissued a “neutral” rating and set a $170.00 target price on shares of Zscaler in a report on Saturday, September 5th. Finally, Wedbush restated an “outperform” rating and issued a $215.00 price target on shares of Zscaler in a research note on Monday, September 28th. Thirty-five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Zscaler presently has a consensus rating of “Moderate Buy” and a consensus target price of $239.41.

Get Our Latest Report on ZS

Zscaler Stock Performance

Shares of ZS stock opened at $233.73 on Wednesday. The company has a fifty day moving average price of $186.15 and a two-hundred day moving average price of $157.22. Zscaler has a one year low of $114.63 and a one year high of $336.99. The stock has a market cap of $38.11 billion, a P/E ratio of -599.31, a P/E/G ratio of 20.84 and a beta of 0.94. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.70 and a quick ratio of 1.70.

Zscaler (NASDAQ:ZS – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.10. The company had revenue of $898.19 million for the quarter, compared to analyst estimates of $876.96 million. Zscaler had a negative net margin of 1.88% and a positive return on equity of 1.23%. Zscaler’s revenue for the quarter was up 24.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.89 EPS. Zscaler has set its FY 2027 guidance at 4.860-4.900 EPS and its Q1 2027 guidance at 1.150-1.160 EPS. As a group, equities analysts predict that Zscaler will post 0.69 EPS for the current year.

Insider Buying and Selling at Zscaler

In related news, insider Robert Schlossman sold 5,394 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $200.00, for a total value of $1,078,800.00. Following the completion of the sale, the insider directly owned 61,525 shares in the company, valued at approximately $12,305,000. The trade was a 8.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Kevin Rubin sold 5,957 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $192.76, for a total value of $1,148,271.32. Following the sale, the chief financial officer directly owned 43,287 shares in the company, valued at $8,344,002.12. This represents a 12.10% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 29,053 shares of company stock valued at $5,610,165 over the last ninety days. Company insiders own 17.20% of the company’s stock.

Institutional Trading of Zscaler

A number of institutional investors have recently modified their holdings of ZS. Burkett Financial Services LLC acquired a new position in Zscaler during the third quarter worth about $27,000. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of Zscaler in the 4th quarter valued at approximately $30,000. Elevation Wealth Partners LLC boosted its stake in shares of Zscaler by 84.3% in the 3rd quarter. Elevation Wealth Partners LLC now owns 153 shares of the company’s stock valued at $31,000 after purchasing an additional 70 shares in the last quarter. Reflection Asset Management acquired a new stake in shares of Zscaler in the 4th quarter valued at approximately $40,000. Finally, POM Investment Strategies LLC grew its holdings in shares of Zscaler by 92.9% during the 2nd quarter. POM Investment Strategies LLC now owns 218 shares of the company’s stock valued at $31,000 after purchasing an additional 105 shares during the last quarter. 46.45% of the stock is currently owned by institutional investors.

Key Zscaler News

Here are the key news stories impacting Zscaler this week:

Positive Sentiment: Zscaler reaffirmed its fiscal 2027 outlook, including quarterly revenue of approximately $935 million–$939 million and full-year revenue of about $3.91 billion–$3.94 billion. Maintaining guidance appears to have eased concerns about a potential slowdown in cloud-security spending. Zscaler Is Up After Reaffirming 2027 Outlook and Expanding AI Security Partnership
Positive Sentiment: The company announced a security collaboration with IBM and Red Hat to help protect private applications during the period between vulnerability disclosure and software patching. The partnership reinforces Zscaler’s positioning in AI-enabled, zero-trust security. Zscaler Jumps on Reaffirmed Revenue Outlook and IBM Security Pact
Positive Sentiment: Zscaler outlined ambitious long-term recurring-revenue goals, including more than $8 billion of organic annual recurring revenue by fiscal 2031. Investors viewed the targets as evidence of substantial multi-year growth potential. Zscaler Expects More Than $8 Billion in Organic ARR by FY31
Positive Sentiment: Analyst sentiment improved, with Citizens JMP raising its price target to $265 and UBS lifting its target to $250 while assigning a Buy rating. RBC, Truist, BNP Paribas Exane, Wedbush, and Cantor Fitzgerald also maintained positive views.
Neutral Sentiment: Amerx initiated coverage with a Buy rating, adding another favorable opinion but with limited detail on valuation or financial estimates. Amerx Initiates Coverage of Zscaler at Buy
Negative Sentiment: Some analysts cautioned that the long-term ARR ambitions may be difficult to achieve, while investors continue to weigh slowing growth, rising costs, and the need for stronger customer expansion. A law firm’s investigation of potential investor claims adds a secondary overhang, although no wrongdoing has been established. Jefferies Says Zscaler’s Long-Term ARR Target Looks Ambitious

Zscaler Company Profile

(Get Free Report)

Zscaler, Inc is a cloud-based cybersecurity company that provides security services designed to help organizations connect users, applications, devices and workloads securely. Its platform is built around a zero-trust security model, which verifies access based on identity, context and policy rather than relying primarily on traditional network perimeters.

The company’s offerings include Zscaler Internet Access, which helps secure internet and software-as-a-service access, and Zscaler Private Access, which provides controlled access to private applications without extending an organization’s network to remote users.