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Demystifying Zscaler: Insights From 22 Analyst Reviews
Zscaler, Inc. ZS | 161.96 161.96 | +3.68% 0.00% Pre |
Ratings for Zscaler (NASDAQ:ZS) were provided by 22 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 9 | 10 | 3 | 0 | 0 |
| Last 30D | 1 | 2 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 1 | 0 | 0 |
| 3M Ago | 7 | 6 | 2 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $311.0, with a high estimate of $365.00 and a low estimate of $250.00. Experiencing a 7.52% decline, the current average is now lower than the previous average price target of $336.29.

Decoding Analyst Ratings: A Detailed Look
In examining recent analyst actions, we gain insights into how financial experts perceive Zscaler. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Junaid Siddiqui | Truist Securities | Lowers | Buy | $250.00 | $350.00 |
| Gregg Moskowitz | Mizuho | Lowers | Outperform | $265.00 | $310.00 |
| Eric Heath | Keybanc | Lowers | Overweight | $250.00 | $300.00 |
| Fatima Boolani | Citigroup | Lowers | Buy | $305.00 | $350.00 |
| Eric Heath | Keybanc | Lowers | Overweight | $300.00 | $350.00 |
| Rob Owens | Piper Sandler | Lowers | Neutral | $260.00 | $280.00 |
| Matthew Hedberg | RBC Capital | Lowers | Outperform | $290.00 | $366.00 |
| Gregg Moskowitz | Mizuho | Maintains | Outperform | $310.00 | $310.00 |
| Fatima Boolani | Citigroup | Lowers | Buy | $350.00 | $365.00 |
| Peter Weed | Bernstein | Announces | Market Perform | $264.00 | - |
| Gregg Moskowitz | Mizuho | Lowers | Neutral | $310.00 | $325.00 |
| Shrenik Kothari | Baird | Raises | Outperform | $360.00 | $350.00 |
| Brian Essex | JP Morgan | Raises | Overweight | $354.00 | $351.00 |
| Patrick Colville | Scotiabank | Lowers | Sector Outperform | $320.00 | $334.00 |
| Roger Boyd | UBS | Lowers | Buy | $340.00 | $350.00 |
| Trevor Walsh | Citizens | Maintains | Market Outperform | $355.00 | $355.00 |
| Adam Borg | Stifel | Lowers | Buy | $320.00 | $330.00 |
| Catharine Trebnick | Rosenblatt | Maintains | Buy | $365.00 | $365.00 |
| Peter Weed | Bernstein | Raises | Outperform | $264.00 | $251.00 |
| Tal Liani | B of A Securities | Lowers | Buy | $335.00 | $355.00 |
| Mike Cikos | Needham | Lowers | Buy | $310.00 | $350.00 |
| Gray Powell | BTIG | Maintains | Buy | $365.00 | $365.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Zscaler. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Zscaler compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Zscaler's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Zscaler's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Zscaler analyst ratings.
All You Need to Know About Zscaler
Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018.
Zscaler: Delving into Financials
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Zscaler's revenue growth over a period of 3M has been noteworthy. As of 31 October, 2025, the company achieved a revenue growth rate of approximately 25.5%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Zscaler's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -1.47%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Zscaler's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -0.61%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): Zscaler's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.18%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.93.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.


