Zscaler Inc. (ZS:NSD) 16 Analysts Boost Targets

Analyst Ratings Coverage

Zscaler Inc. (ZS) has garnered significant attention from various prominent analysts, each providing their insights into the stock’s future performance and potential. These analyst ratings and price target adjustments offer valuable guidance to investors looking to understand the consensus sentiment regarding Zscaler’s prospects. Let’s delve into the details of these analyst ratings and their implications:

  1. BMO Capital Markets – Outperform (USD 175 » USD 180): BMO Capital Markets maintains its positive outlook on Zscaler by reiterating an “Outperform” rating. This indicates their belief that the stock will outperform the broader market and potentially reach a target price of USD 180.
  2. UBS – Buy (USD 175 » USD 190): UBS maintains a “Buy” rating for Zscaler and raises its target price from USD 175 to USD 190. This signals their confidence in the stock’s potential for growth.
  3. Morgan Stanley & Co. – Equal-Weight (USD 120 » USD 145): Morgan Stanley & Co. has opted for an “Equal-Weight” rating, suggesting that they believe the stock will perform in line with the market. They have also raised their target price from USD 120 to USD 145.
  4. Oppenheimer & Co. – Outperform (USD 180 » USD 190): Oppenheimer & Co. maintains an “Outperform” rating for Zscaler and increases the target price from USD 180 to USD 190, indicating their optimism about the stock’s performance.
  5. Canaccord Genuity – Buy (USD 172 » USD 190): Canaccord Genuity maintains a “Buy” rating for Zscaler and raises its target price from USD 172 to USD 190, reflecting their positive outlook on the stock.
  6. Scotia Capital – Target Up (USD 175): Scotia Capital maintains a target price of USD 175 for Zscaler, implying their view that the stock has room for growth at its current level.
  7. Loop Capital Markets – Hold (USD 135 » USD 165): Loop Capital Markets maintains a “Hold” rating but raises the target price from USD 135 to USD 165, suggesting a more optimistic view of the stock’s potential.
  8. RBC – Target Raised (USD 162 » USD 185): RBC increases its target price for Zscaler from USD 162 to USD 185, indicating their belief in the stock’s upward trajectory.
  9. Wedbush Securities – Outperform (USD 160 » USD 185): Wedbush Securities maintains an “Outperform” rating and raises its target price from USD 160 to USD 185, expressing their positive sentiment toward the stock.
  10. Stephens – Reiterates Overweight (USD 190): Stephens reiterates an “Overweight” rating and a target price of USD 190, suggesting their continued confidence in Zscaler’s growth potential.
  11. Barclays – Equal-Weight (USD 160 » USD 176): Barclays maintains an “Equal-Weight” rating and raises the target price from USD 160 to USD 176, indicating a neutral stance on the stock’s performance.
  12. Stifel Nicolaus – Buy (USD 180 » USD 185): Stifel Nicolaus maintains a “Buy” rating and a target price range of USD 180 to USD 185, reflecting their positive view of the stock.
  13. BTIG – Buy (USD 185 » USD 191): BTIG maintains a “Buy” rating and raises the target price from USD 185 to USD 191, signifying their bullish outlook.
  14. Cantor Fitzgerald & Co. – Neutral (USD 160 » USD 170): Cantor Fitzgerald & Co. maintains a “Neutral” rating and a target price range of USD 160 to USD 170, suggesting a more cautious stance.
  15. Mizuho Securities – Buy (USD 168 » USD 185): Mizuho Securities maintains a “Buy” rating and raises the target price from USD 168 to USD 185, indicating their optimism about the stock’s prospects.
  16. Bank of America Merrill Lynch – Buy (USD 175 » USD 180): Bank of America Merrill Lynch maintains a “Buy” rating and suggests a target price range of USD 175 to USD 180.

ZS Ratings by Stock Target Advisor

ZS Stock Forecast & Analysis

According to a consensus of 32 analysts, the average target price for Zscaler Inc (ZS) over the next 12 months is USD 166.00. The company’s average analyst rating is classified as “Strong Buy,” indicating a positive sentiment among analysts regarding its future performance.

Stock Target Advisor’s own analysis of Zscaler Inc suggests a “Slightly Bearish” outlook. This assessment is based on 4 positive signals and 6 negative signals, suggesting a somewhat cautious stance on the stock.

At the latest closing, Zscaler Inc’s stock price was USD 162.74. Over recent periods, the stock has experienced notable gains, including a 12.71% increase over the past week, an 11.34% rise over the past month, and a 12.14% gain over the last year. These price changes indicate strong upward momentum for the company’s stock.

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